Raiffeisen joins BLIK payment system

Raiffeisen Polbank has implemented the mobile payments system BLIK to its mobile application. “Introducing BLIK payments is another step on the way to implementing our strategy of providing customers with convenient solutions that, while remaining easy to use, make it much easier for users to meet various everyday needs. Thanks to BLIK they can instantly and safely pay for purchases on the internet, withdraw cash from ATMs or pay in stationary stores, service outlets and restaurants without the need to carry a debit card with them,” said the director of the retail banking department at Raiffeisen Polbank Tomasz Dymowski. In 2017, its users made 33 million transactions with the system and 12 million in Q4 alone. BLIK was also used in over 70 percent of all online transactions last year. The system was launched by the Polish Payments System (PSP), a joint venture of six Polish lenders: Alior Bank, Bank Millennium, BZ WBK, ING BSK, mBank and PKO BP in 2015. Its users can make payments in stores and online, withdraw cash and send P2P transfers, all using their mobile phones. Over 96 percent of Polish mobile banking apps users are now able to use the system.