BLIK announces surge in P2P mobile transfers in Poland

Thursday 13 May 2021 10:25 CET | News

Poland-based mobile payment system BLIK has published internal data revealing an upswing in mobile payments usage in ecommerce in the Polish market.

From January to March 2021, Polish mobile payment system BLIK users performed over 153 million transactions worth EUR 4 billion (PLN 20 billion). The company disclosed data according to which, at the end of the first quarter, 7.6 million people were actively using it, with the fastest growing channel being the BLIK phone transfer (P2P). 

In Poland, more than 74% of transactions in Q1 2021 were made online (114 million), of which more than 4 million were transactions made in global ecommerce, settled by international payment operators. BLIK reported that the COVID-19 pandemic has accelerated the growth of interest in non-cash settlements in the country, as well as the trend of moving away from paying with cash. This is confirmed by data on the number of transactions made by BLIK users in ATMs in Q1 (7.2 million, 16% more than 2020). 

The BLIK mobile payment system enables Internet payments, as well as payments at POS terminals, cash withdrawals from ATMs and mobile P2P payments. More than 3/4 of the transactions made with BLIK are online payments, more than 9% are P2P transactions, slightly less are F2F transactions at terminals, and almost 7% are ATM withdrawals.

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Keywords: mobile payments, ecommerce, ATM, P2P payments, online payments
Categories: Payments & Commerce | Mobile Payments
Countries: Poland
This article is part of category

Payments & Commerce