Cash payment operator RO PayPoint acquires public transport payment app 24pay

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PayPoint, the leading operator of cash payments and electronic recharge via points of sale in Romania, announced the acquisition of the 24pay application, the digital payment solution for public transport with the largest scale expansion national, owned by PTP Online.

Thus, PayPoint completes its portfolio of services available to consumers and diversifies the range of digital solutions, actions that are part of the company’s local transformation strategy.

Together, the two companies plan to develop the modern telephone payment industry. 24pay users will soon have access to comprehensive one-click payment services.

“We are constantly concerned with identifying and meeting the needs of our customers in order to provide them with safe and accessible services. We know that time is a priority for most consumers and that payments by telephone offer convenience and security. That’s why we’re delighted to be able to offer fast payment services for public transport with 24pay, which will maintain the standards of quality and security that PayPoint customers have enjoyed for over 14 years.” says Utku Ogrendil, CEO of PayPoint Services Romania.

Launched in 2018, the 24pay app has steadily expanded its user base and currently has over 730,000 downloads in app stores.

The application is already functional for payment in public transport in 13 major cities of the country: Bucharest, Iasi, Cluj-Napoca, Timisoara, Brasov, Arad, Ramnicu Valcea, Sibiu, Targu Jiu, Piatra Neamt, Sacele, Resita and Ploiesti .

Users of the 24pay application will soon benefit from new services added, such as payment of bills and parking, but also from the extension of public transport to the railway.

(Photo courtesy of the company)

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