Romania's Netopia mobilePay said its online and mobile transactions rose 56 percent year-on-year in the first half of 2017 to over 4.7 million. The value of transactions increased 60 percent to around EUR 140 million, according Telecompaer. Netopia claims to be the largest electronic payments processor in Romania. It handled 2.6 million online card payments in H1, up 53 percent year-on-year, and 2.1 million SMS payments, an increase of 40 percent. On average, online payments were worth around EUR 50 and SMS payments EUR 2.40.
The company estimates that around 35 percent of Romanian using electronic payments do so over mobile devices, mainly smartphones, with just one in ten over tablets. Just over half the digital payments processed by the company in H1 were done by people aged 25-44 years old, while 18-24 year-olds accounted for 13 percent. Men took a 60 percent share of all payments, and 40 percent of digital payments occurred in Bucharest.
