Business
16:05 1 August 2024
Post by: WBJ

Number of mPay application users increased by 21% y/y to 1.6 mln in July

Number of mPay application users increased by 21% y/y to 1.6 mln in July
Source: Pexels

As of July 31, 2024, the number of mPay app users reached 1.601 million, reflecting a 21% y/y increase, the company reported. Compared to the previous month, the number of accounts grew by 24,000.

Launched in 2003, mPay is Poland’s longest-running mobile payment system. The app allows users to buy public transport tickets, pay for parking, and top up prepaid phone accounts using a smartphone or tablet. Since 2007, mPay has been a licensed settlement agent authorized to process mobile transactions. Since 2013, the strategic investor for mPay has been Grupa Lew. The app has been listed on the NewConnect market since 2011.

(ISBnews)


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