PLN 50 bln in Blik transactions in Q1 2023, every other transaction in e-commerce

Users of BLIK carried out 374 million transactions worth 50.1 billion PLN in the first quarter of this year, according to Polski Standard Płatności (PSP), the operator of the mobile payment system BLIK. By the end of the first quarter of 2023, over 13.5 million people were actively using BLIK.

The number of payments at point-of-sale terminals and BLIK transfers increased by 94% and 88% respectively compared to the previous year. BLIK has become a widespread standard for mobile payments. In the first quarter, BLIK was used for payments an average of 4.2 million times per day, a 55% increase compared to the same period in 2022. The highest number of transactions in a single day was nearly 6 million, with an average settlement amount of 134 PLN.

The growth of BLIK has led to its classification as a "significant retail payment system" by the National Bank of Poland.

Source: PAP Business