The system will operate under the continuous supervision of the Romanian financial regulator BLIK Romania, registered in Bucharest, has obtained authorization for the operation of the BLIK payment system. This decision will enable the development of this system in local currency (RON) and open it to Romanian payment service providers. As a first step, the operator plans to focus on […]

A team of Romanian entrepreneurs, founders of Naratix, has created five robots based on artificial intelligence that work non-stop, reducing return rates by up to 60% and increasing the average order in online stores by up to 30%. The robot employees were developed in approximately 12 months, with an investment of €350,000, and by the end of the year, their […]

CloudCart, the professional eCommerce-as-a-service platform, has launched an innovative AI solution, available to all 1600 customers – online merchants in the 7 countries, including Romania, where the company operates.  CloudIO delivers significant advances in online store management, offering revolutionary features for creating engaging descriptions, improving SEO optimization and increasing overall efficiency. “CloudIO is like ChatGPT, but dedicated to e-commerce. It’s […]

The digital marketing market in Romania is in a process of maturation and accelerated growth, against the background of the development of the local e-commerce industry. Thus, the demand for online promotion services increased by 33% between January and June 2023 compared to the same period last year, with companies allocating budgets of up to 150,000 euros per month for […]

Romanians shopped online for almost 7 billion euros in 2022, of which more than half was allocated to clothing and electronics, according to eBook eCommerce Growth Strategies data, the largest data and growth strategy report for online stores in Romania, made by Limitless Agency, one of the digital marketing agencies on the market. Thus, the average revenue per user generated […]

BLIK company, leader on the payment systems market in Poland, is launching in Romania, the second largest market in Central and Eastern Europe. The newly established company, BLIK Romania, will develop a unique and innovative digital payment system in RON that will bring a number of major advantages, including high security and simplifying payments by generating and using an individual […]

VTEX (NYSE: VTEX), the enterprise digital commerce platform for premier brands and retailers is glad the announce its first Live Shopping event in Romania, which was promoted by F64, the largest retailer of photo-video equipment and one of the company’s first customers in the country. The event was aimed at enthusiasts of photo-video equipment and it was the first time […]

From the internal studies done by CIEL Romania, one of the most important software producers for entrepreneurs, it resulted that 45% of the Romanian companies made investments in digitalization during the pandemic. In more than half of the cases (61.2%) the amounts allocated to the automation of processes were smaller than 1,000 euros, in the rest of the situations the […]

Verifone Romania, a FinTech leader providing end-to-end payment and commerce solutions, is increasing its operations within the Innovation Center in Bucharest, formerly known as 2Checkout, which Verifone acquired in 2020. After a year of presence on the Romanian market, Verifone intensifies its efforts to grow the research and innovation team in the Romanian capital. Around 400 employees are currently working […]