Black Friday preparations: Pay U introduces a monthly fixed cost for Romanian e-commerces

Cristina Blanaru Business, e-Commerce

PayU runs, between October 16th – November 15th, the campaign “Come with PayU for Black Friday”. The campaign launches an innovative commercial offer: 3 online payment integrated methods – card, instant internet banking via BCR and Banca Transilvania and cash collecting via Zebra Pay – for an unique monthly fee of Euro 34. No commissions per transaction, tax to open an account or other associated costs.

PayU targets with this campaign the medium and small online stores from retail and services sector, but also businesses with activities offline that want to extend online. PayU’s representatives expect at least 300 merchants to implement online payments following this campaign.

The campaign aims to attract new clients and to  support online small and medium stores.

The online sales channel represents an extraordinary (and immediate) business opportunity for any company preoccupied to develop. From the experience of the over 3,000 clients of PayU Romania, online represents at least 10% from their total business turnover. The opportunities offered by Black Friday shopping determined us to build a solution dedicated to all those who want to participate to this event. For us, the Euro 34 package represents, more than anything, an investment in our future partners. We’re not expecting an immediate profit, but to build long term partnerships

Daniel Nicolescu,

CEO PayU South Eastern Europe.

The fee package Euro 34 Fix integrates the main payment methods used by buyers and the offer is available until November 15th and aims to finalize implementation and registering a first transaction until November 29th.

Black Friday is the day with the highest sales in the year and the online pay is the preferred method for many buyers that want to make sure that they don’t miss the offers from the online stores. From this reasons, we expect for our future partners to promote online payments even more, considering the processing associated cost remains the one in the offer: Euro 34/month. This is our way of supporting an even more dynamic development of the electronic commerce, both by attracting new players and new buyers

Daniel Nicolescu.

The buying procedure for the Euro 34 Fix offer was heavily simplified and is made completely online. Practically, from the page dedicated to the campaign, the ones that want to profit on the offer are paying online the cost for the 1st month of collaboration and download all the documents and info needed for the implementation. The payment is, initially, authorized and it is finalized the moment the contract is signed. Afterwards, the payments will be made on monthly basis and will be recurrent.