Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. 4Apply: 500% increase in online credit purchases during...

4Apply: 500% increase in online credit purchases during the 3 day campaign

November 17, 2023

During the 3 days of discounts, the 4Apply app saw record flows of over 500 customers per hour, with peaks of around 30 customers per minute. Based on the data recorded by the app, requests to buy products in installments increased by 500% compared to the previous Black Friday, with the maximum peak recorded on Saturday, November 11.

4Apply is a plug-in application developed by Starbyte for e-commerce sites that facilitates and facilitates the increase of sales by introducing the possibility of payment by Online Credit (e-Credit).

4Apply connects e-commerce sites with financing institutions such as banks and IFNs. In this way, any customer who makes purchases on an e-commerce, has the possibility to pay by e-credit, in addition to the usual card payment.

The application ensures remote biometric identification, with creation of new accounts online, 100% digital, with functionalities such as facial recognition, Liveness Detection or digital signature. Practically, by creating the client's virtual account, banks affiliated with the application can offer loans online, on the spot.

In the top 3 locations where buying with online credit was an option, Bucharest leads by far, 42% of the visitors who wanted online credit are from the capital, followed at a great distance by the counties of Cluj 8% and Timișoara 4.5%.

The appetite of Romanians for discounts is increased, Black Friday highlighted even more the tendency to increase the frequency of purchases from the online environment, and the golden second, according to eMAG, registered 452 products ordered per second.

Over 89% of users who were interested in online credit purchases used a smartphone, 10% entered from a desktop and only 0.29% used a tablet.

4Apply plug-in keypoints:

Plug-in for any e-commerce site;
Facilitates and increases the volume of sales;
Additional payment option offered to customers;
Doubling the number of customers who chose this payment method;
Outstanding performance indicators during the Black Friday campaign:

> peaks of around 30 customers per minute

> over 500 customers per hour

About Starbyte: 100% Romanian company with extensive experience in software development for the Financial-Banking, Insurance and Risk Management fields.

The information provided by KomuniK

The text of this article has been partially taken from the publication:
https://komunik.ro/500-increase-in-online-credit-purchases-during-the-3-day-campaign/
Read in full - click here
Romanian electoral bureau invalidates Calin Georgescu’s presidential candidacy

Romania’s Central Electoral Bureau, BEC, rejected the registration of Călin Georgescu's candidacy on Sunday, March 9.  Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. BEC's...

Romanian far-right politician Călin Georgescu files presidential bid amid ongoing investigation

Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. Outside the Central Electoral Bureau (BEC) headquarters in Bucharest, supporters gathered to chant...

Romanian tax agency ANAF targets people with income from Booking, Airbnb

Romania’s anti-fraud agency ANAF will look into roughly 23,000 individuals who have earned income from renting properties for tourism purposes through online platforms such as Booking.com and Airbnb, according to finance minister Tanczos Barna. Individuals identified in this situation will receive compliance notifications, and anti-fraud inspectors will initiate audits where necessary.  While obtaining such information […]

British Council: Circular Catalysts exhibition opens at history museum in Târgu-Neamț

The Circular Catalysts program, an initiative of the British Council in partnership with the Romanian Cultural Institute, is making a return to Romania with the reopening of its documentary exhibition at the Museum of History and Ethnography in Târgu-Neamț. Running from March 7 to May 11, the exhibition showcases collaborations between Romanian and British designers, […]

Bucharest mayor Nicușor Dan first to officially submit candidacy for 2025 presidential elections

Bucharest general mayor Nicușor Dan submitted his candidacy for the 2025 presidential elections on Friday, March 7, the first to do so among the announced candidates. He is running as an independent, and was assisted by volunteers to gather the necessary signatures. The 2025 presidential elections will take place on May 4 (first round) and […]

Brașov mulls proposal for Romania’s first Treetop Walk

Brașov city officials are considering a proposal from a German company that aims to set up a Treetop Walk in the up-and-coming mountain city. It would be the first of its kind in Romania. The company's representatives made a first presentation of the concept on Thursday, March 6. The initiative aims to develop sustainable tourism […]