Polish mobile payments service Blik ready for launch

Monday 24 November 2014 00:10 CET | News

Polish mobile payments service Blik has been cleared by the National Bank of Poland, allowing users to make payments in stores and online, withdraw cash from ATMs and send P2P transfers with their mobile phones.

Backed by six polish banks, the mobile payments service will be available to any customer of a participating bank in possession of a smartphone.

Blik uses an open standard developed by Polish Payment Standard (PSP), a company formed by Alior Bank, Bank Millennium, Bank Zachodni WBK, ING, mBank and PKO Bank Polski.

Additionally, the standard will be open for other banks, acquirers and merchants, with letters of intent having been signed with other players in the market such as Eurobank, BNP Paribas Bank Polska, Credit Agricole, Getin Bank, Idea Bank, Dotpay, CashBill and ITCard.

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Keywords: Polish, mobile payments, BLIK, Poland, Polish banks, mobile payments Poland
Categories: Payments & Commerce
Countries: World
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