UniCredit Bulbank chose CloudCart, the leading e-commerce software, as its e-commerce partner.

Together they join forces in order to provide to Bulgarian companies an innovative platform for online commerce with an included virtual POS device from UniCredit Bulbank providing online payments with payment cards. The partnership of UniCredit and CloudCart was dictated by their firm belief that they must help retailers develop successfully in the current conditions. The purpose of their joint activity is to help companies develop their full online potential.

The fast pace of digitalization during the last decade led to an accelerated development of e-commerce. The dynamic conditions and insecurity faced retailers in Bulgaria and abroad with serious challenges and with the urgent need to successfully develop in the online environment.

The business industry deserves support

“It is easy to give my business what it deserves” is the initiative by virtue of which UniCredit and CloudCart lend a hand to retailers. The clients of the bank can benefit from 4 preferential price plans for starting, management and development of an online store in CloudCart with an included virtual POS device from UniCredit Bulbank.

The proposal is aimed at a wide range of entrepreneurs

• new retailers
• retailers with physical outlets
•  companies with an already existing online store

The joint activity of both companies comes in a moment which is extremely convenient for business development in the online environment. According to a research of the UN released this spring, e-sales comprised almost one fifth of the total retail turnover during the year of 2020. The situation in Bulgaria is also dynamic. 

During the last 5 years the annual growth of e-commerce in Bulgaria ranged between 21% and 35%. In 2020 the online market volume reached up to over MEUR 970. The organisations in the industry forecast that this sector in Bulgaria will continue to increase by a double-digit growth.

More than one fifth of the population in Bulgaria buys goods online and has already developed habits and trust in this type of shopping. A growth by more than 160% of online card payments is also reported.

Overall solution for the business

The e-commerce software of the Bulgarian company CloudCart, which already operates on the Greek and Romanian markets, is intuitive and easy to use, and does not require any technical knowledge or need for software developers.

The retailers who decide to benefit from the proposal will receive an overall solution for their business as well as an expert support for the development of a successful online store.

The platform of CloudCart allows integration with modern methods for payment with a virtual POS device from UniCredit Bulbank, automated bills of lading and integration with courier companies, synchronisation with ERP and warehouse systems.
Retailers can automatically transfer their online stores from any platform to the software of CloudCart, can integrate with different marketplaces and sell easily on international markets.

Every business deserves a partner on whom it may rely: regardless of whether these are entrepreneurs who have yet to achieve their plans, retailers looking for a more secure home for their existing e-store, or owners of physical merchant outlets who wish to work online without any limits.

Today, active participation in the digital environment is defining for the development of every company. CloudCart and UniCredit Bulbank believe in their partnership and will continue to offer innovative solutions in convenience of their clients in the future as well.