Polski Standard Płatności expands to Romania with mobile payments system BLIK

Polish Payment Standard (PSP), the operator of the BLIK mobile payment system, has announced the launch of its operations in Romania, the second-largest market in Central and Eastern Europe. Under the newly established company, BLIK Romania, the settlement system in Romanian leu (RON) will be developed, open to all local issuers and settlement agents.

After obtaining legal permission to operate from the National Bank of Romania (BNR), the operator plans to focus on e-commerce payments in the market. The company aims to expand the presence of BLIK beyond Poland and become a European payment system that operates within the mobile platforms of large European banks, similar to its success in Poland. The plan is to introduce BLIK payments in all sales channels, including e-commerce, POS, and ATM.

Source: ISBnews