ePayment

eCommerce | Romania | Exited

Concept

ePayment, now known as PayU Romania, is an integrated eCommerce solutions provider launched in 2004. The technology¬†facilitates money secured transfers, from the buyer’s account to the Internet active seller’s account and delivers, in the same time, other services to the online merchant: management and supervising of the online Internet sales, a well organized place where the merchant can develop his online activity, as well as the most advanced technologies for securing eCommerce transactions using the banking cards.

Journey

Having become a leading provider of integrated eCommerce solutions on the Romanian market, ePayment was acquired by MIH Allegro, part of the international media company Naspers Ltd in 2010. Until its acquisition, ePayment managed over 1,5 million orders with an overall value of more than EUR 122 million.

Milestones

Founded in 2004

Acquired by MIH Allegro in 2010