Patria Credit IFN customers can pay their instalments through SelfPay Payment Stations

Patria Credit IFN SA, one of the leading non-bank financial institutions dedicated to financing agricultural producers and small entrepreneurs in rural areas, signs a partnership with SelfPay, the local leader in the self-service payment station market. &If you are a customer of Patria Credit IFN SA, you can also pay your instalments through the more than 4,200 SelfPay terminals available in more than 900 locations throughout the country.

„With this new service we offer time savings to agricultural producers, above and beyond a new way of paying loan instalments. SelfPay payment stations are almost everywhere, în curând în some Patria Credit units (Drăgășani, Izbiceni and Matca), and this partnership helps us în our mission to be close to agricultural producers and small entrepreneurs in Romania, înia in less banked areas of the country.” says Raluca Andreica, General Manager Patria Credit.

„By launching the partnership with Patria Credit IFN we bring important benefits to agricultural producers and small entrepreneurs, who can now pay their instalments at SelfPay Payment Stations, securely, simply and quickly, alongside the other payments they make at SelfPay Payment Stations. We already have the most extensive network of Payment Stations nationwide and the largest number of NFI partners, and for the next period we are counting on expanding the portfolio of services available to customers, offering them more and more types of payments that help them save even more time for activities that matter," said Adrian Badea, CEO of SelfPay.

In addition to credit rates, Patria Credit IFN customers can access more than 120 other payment services on the SelfPay network in increasingly diverse sectors such as utilities, telecommunications, travel tickets, car insurance and entertainment. Payment stations can be found in convenience stores, petrol stations, retail networks and are available every day, during the hours that stores are open.

For the first six months of 2019, Patria Credit IFN în recorded a loan portfolio în increase of about 21% compared to the same period last year, în while net profit în 2018 was almost 900,000 Euro, with a level of assets of over 15 million Euro. The involvement of the NFI îin supporting small farmers (a good part of the country's large vegetable basins) is also confirmed by the profile of clients, who îin 2018 took out îm loans of up to 25,000 Euro (RON equivalent), îin particular to support investments îin agriculture.