Almost 1.8 bln payment transactions concluded in H2 2022 for a total of PLN 257 bln

The Polish Financial Supervision Authority (KNF) reported that as of December 31, 2022, 42 entities held permission to provide payment services as national payment institutions (KIPs). In the second half of 2022, KIPs executed a total of 1.79 billion payment transactions worth PLN 257.21 billion.

During the second half of 2022, two entities obtained KIP permits, and one KIP ceased operating as a KIP. KNF also issued three decisions to expand the scope of permits for KIPs during this period. As of the end of the second half of 2022, 13 KIPs held permits to provide access to account information (AIS), while 15 KIPs held permits to initiate payment transactions (PIS). KIPs' equity capital, net of reductions, totaled PLN 1,060.86 million (+21.82%).

Source: Inwestycje.pl