Match made in heaven as BLIK teams up with Mastercard to allow contactless payments abroad
Mastercard has partnered with BLIK now making it possible to use contactless payment outside of Poland.
Mastercard and PSP (Polski Standard Płatności (Polish Payment Standard), the operator of mobile payment system BLIK established a strategic cooperation with BLIK providing a platform for online and mobile payments, and Mastercard ensuring a global acceptance network.
The companies announced, that they will cooperate on BLIK’s expansion to new markets outside of Poland as well.
Dariusz Mazurkiewicz, PSP’s CEO, said in an official statement: “BLIK users will soon be able to pay contactless not only in Poland, but also around the world. This is also the beginning of the road, to offer BLIK payments to mobile banking applications’ users worldwide.”
BLIK is a Polish mobile payment system, launched in February 2015. It was built based on a partnership of the six largest Polish banks, and today is operated by the PSP company.
The PSP’s shareholders are: Alior Bank, Bank Millennium, ING Bank Śląski, mBank, PKO BP and Santander Bank. Clients of Getin Bank, BGŻ BNP Paribas, Raiffeisen Polbank, Pekao SA and Credit Agricole can also use BLIK.
BLIK allows the user to pay (after entering a six-digit code) in e-commerce, through a computer or smartphone, in stationary stores and to withdraw money from ATMs.
BLIK also enables convenient P2P transfers to same-country recipients, using only the telephone number, without the need to know the recipient's account number (IBAN).