Mobishop, the Telecom division of the RTC Group, launches the first Romanian brand of electronic payment system - Pay Store which enables financial trades from a Pay Store terminal placed in different locations.

The Pay Store system gives the clients the possibility to recharge the telephone credit and to make more payments from a single unit without wasting time. Currently, the system functions for prepaid services for the mobile operators /orange and Vodafone.

By the end of 2006, Mobishop will expand services to utilities payments, prepaid and other financial trades.

Pay Store covers 4,000 retail points, throughout the country and will expand to 6,000 in the following 12 months. Mobishop has invested over 2 million Euros for the implementation of the system and 1 more million is to be destined for the network expansion.

Mobishop is part of the RTC Group since 2002 and one of the largest distributors of mobile prepaid cards due to the partnerships with Orange and Vodafone. Mobishop boasts over 15,000 customers and a turnover of 40 million Euros in 2005, forecasting a 20% growth for 2006.