tbi bank joins the EuPlatesc platform to help over 2,000 retailers become more competitive and boost sales

Retail sales volumes are on a declining trend this year, as inflation continues to erode Romanians’ purchasing power. To help retailers boost sales and offer customers a new efficient financing tool, tbi bank has partnered with EuPlatesc.ro, one of the leading payment processors in Romania, working with almost 2,000 retailers. This agreement is part of tbi bank’s strategy to support social and financial inclusion throughout society by increasing access to finance and quality products for many social categories.

Customers will have easier access to a larger portfolio of high-quality products, through the Buy Now, Pay Later (BNPL) solution, allowing people to pay in 4 interest-free installments or apply for longer periods financing with accessible interest rates.

”The last year has not been easy for retailers in Europe, as rising prices have forced consumers to reduce the volumes of goods they buy or switch to more affordable brands, diminishing the overall value of their shopping cart. We have always responded to their wishes and created efficient and consumer-friendly financing solutions. Partnering with EuPlatesc.ro helps us to offer these solutions to a growing number of retailers, with beneficial effects on the economy as a whole”, said Ionut Sabadac, VP Merchant Solutions, tbi bank.

tbi bank offers a flexible online payment instrument, available 24/7, with a 100% online flow via electronic signature. Customers can choose the payment period, either 4 months or between 6 and 60 months, depending on their needs, and they can pay in advance at any time, at no cost.

„In the current economic context, there is a need for mutual support in the business environment in Romania – and through the fast online payment and financing solutions we offer, we support both retailers in business development and Romanian consumers. Thus, through the strong partnership with tbi bank, we offer various online payment options, great flexibility and meet the needs of retailers and consumers”, says Stefan Suceveanu, co-founder of EuroPayment Services, the company that owns the EuPlatesc.ro payment solution.

EuPlatesc.ro has extensive experience in providing services as an e-commerce solutions integrator and online bank card transaction processor using the most secure authentication technology available – 3DSecure.

About tbi bank

𝐭𝐛𝐢 bank is a mobile-first challenger bank in South East Europe and regional leader in alternative payment solutions, building an ecosystem by combining financing and shopping to address customers’ needs. It focuses on helping merchants to grow their business as well as providing consumers with financial products and services that make their lives easier. Currently operates in Bulgaria, Romania, Greece, Germany, and Lithuania. Through various digital channels and trusted partnerships with nearly 20,000 merchant locations, 𝐭𝐛𝐢 has a customer base of 2 million clients and issued nearly 550,000 loans in 2022. Its business model and customer-focused approach resulted in becoming one of the most profitable and efficient banks in the region.

About EuPlatesc.ro

EuPlatesc.ro is one of the most used platforms for processing online payments, from desktop or mobile applications, owned by EuroPayment Services, a Romanian company with 17 years of expertise in the field. EuPlatesc.ro services – Apple Pay, Google Pay, one-click payment, payment with saved card (card on file), recurring payments, instant payments and bLink Pay, generator of payment links and QR code for payment for products or services – are a fast, solid and secure trading solution through TLS (Transport Layer Security) security certificates. In 2022, the company had a turnover of approximately 18 million lei. More details about payment processing options are available at www.euplatesc.ro.