OTP Bank Romania posts 75 percent increase in the number of internet banking transactions during the pandemic
OTP Bank Romania announces a 75 percent increase in the number of customers who have made transactions through the Internet Banking service, OTPdirekt, in the interval 2020-2021, compared to 2019.
According to OTP Bank’s data, in the last two years, the number of Internet Banking service users has increased by 50 percent, and the value of online transactions has raised by 31 percent.
Also, during the analyzed period, there was an enhancement in the use of OTP Bank’s electronic products and services, with over 26,000 cards being activated in the Apple Pay and OTPay applications, the contactless payment services with the mobile phone.
The main operations carried out by customers through Internet Banking are as follows: Money Magnet – fast money transfer, setting up deposits and savings accounts, investments, foreign exchanges and inter and intrabank transfers.
Most of Internet Banking users have made payments for utilities in general, or other payment obligations from other business relationships.