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BLIK

BLIK

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BLIK with record high brand strength score in mobile payments

According to the KANTAR survey in the third quarter of this year, account based mobile payments system BLIK recorded the highest brand strength index – Brand Power – in the payments category, at a level of 44 points. This is a record high result of this index so far in the brand’s history. Almost two-thirds of BLIK users would recommend it to their friends; this index is even higher among young people, reaching three-quarters.

BLIK in Q2 2021: huge increase in the popularity of P2P instant payments

From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest - as many as 25.5 million - an increase of 187% year-on-year. At the end of the second quarter, BLIK was being actively used by nearly 8 million users, which is almost 50 percent more than a year earlier.

BLIK provides consumers with best-in-class experience in mobile contactless payments thanks to the partnership with Mastercard

Warsaw, 19th July 2021 – BLIK, an account-based mobile payment system built and funded in Poland, introduces a new approach to contactless payments without credit or debit card, providing a solution based on the Mastercard Digital Enablement Services (MDES) technology. Thanks to Mastercard’s tokenization technology, consumers will be able to use contactless BLIK payments via their phone in a secure and convenient way, wherever Mastercard payments are accepted.

Excellent financial results for BLIK in 2020: PLN 70 million in revenue and PLN 36 million in net profit

In 2020, the Polish Payment Standard (PSP), operator of the BLIK system, broke even during the financial year - for the first time since the company’s inception achieving profit immediately and at a very high level. Year on year, revenues nearly doubled, while operating costs remained almost unchanged. The net profit at the end of the year was PLN 36 million (EUR 7.8 million), compared to a slight loss a year earlier.

BLIK doubles its results: 153 million transactions in the first quarter

WARSAW, 13TH MAY, 2021 - From January to March 2021, Polish mobile payment system BLIK users performed over 153 million transactions worth PLN 20 billion. At the end of the first quarter, as many as 7.6 million people were actively using it. The fastest growing channel is the BLIK phone transfer (P2P). The number of transactions made in global e-commerce is increasing.

424 million transactions worth PLN 57 billion in 2020: BLIK is picking up speed

In the last quarter of 2020, Polish BLIK users performed 140 million transactions, with over 420 million throughout the year. At the end of the year, 7 million people were actively using the mobile payment system. The total value of transactions in the fourth quarter was nearly PLN 19 billion, while the year closed out with PLN 57 billion. BLIK is available to virtually all mobile banking customers, it can be used not only in the entire Polish e-commerce, but also in a growing number of global platforms. Currently, apart from e-commerce, a rapidly growing feature is transferring money to a phone number, i.e. the ability to transfer money instantly between users.