13:36, 10 July 2009 Page views 337 views

Romania: E-Commerce Transactions Worth over EUR 43 Million in H1 2009

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During the first six months of 2009, Romanian shoppers made 570,000 payment transactions on the Internet reaching EUR 43.5 million in value, up 68 percent as compared to the corresponding period of 2008.

Data indicates that the travel and transportation sectors registered the highest growth in the number of transactions year-over-year (158 percent), followed by telecommunication and services (85 percent) and non-IT e-tail (67 percent), while the online sector registering negative growth rates is the IT e-tail segment (down 2 percent). Online transactions made with banking cards have registered a slowdown in terms of growth at quarterly levels, from 18 percent at the end of Q1 to 4 percent at the end of Q2, while online sales for Q2 climbed 34 percent as compared to the previous quarter, reaching EUR 25 million.

The Paypers

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