Polish Payment Standard, the operator of the BLIK mobile payment system, announced the start of operations in Romania, the second largest market in Central and Eastern Europe, PSP reported. As part of the newly established company – BLIK Romania – a settlement system in Romanian leu (RON) will be developed, open to all local issuers and acquirers. After obtaining legal approval for operations from the National Bank of Romania (BNR), the system operator plans to focus on this market on e-commerce payments.
“The strategy of our further development is closely related to strengthening BLIK’s presence abroad. Our goal is for it to become a European payment system in the coming years, which successfully operates within the mobile platforms of large European banks and which gathers – as is already the case in Poland – millions of users involved in e-commerce payments. said the president of the PSP, Dariusz Mazurkiewicz, quoted in the release.
“Behind us are months of intensive work, which were associated with many challenges, such as adapting the system to the regulations and laws in force on this market. During this time, we had many talks and developed an appropriate business strategy, which we intend to implement in the coming quarters. We hope that soon we will be able to say more about the first effects of our activities” – summed up Drużyński.
As part of the business strategy of BLIK Romania, it is planned to introduce payments with the BLIK code in all sales channels – e-commerce, POS and ATM. In the first phase, the system operator will focus on implementing the e-commerce solution.
BLIK is a common standard for mobile payments. Polski Standard Płatności (PSP) is responsible for the development of the system. Its shareholders are: Alior Bank, Bank Millennium, Santander Bank Polska, ING Bank Śląski, mBank, PKO Bank Polski and Mastercard.