In the coming days the limit for contactless payment without a Personal Identification Number (PIN) will be raised, Poland's Ministry of Finance announced on Twitter on Wednesday.
Polish Payment Standard (PSP), the operator of the Blik mobile payment system, has formed a partnership with MasterCard, following an announcement first made in December 2018, the companies announced in a Tuesday press release.
The companies announced, that they will cooperate on BLIK’s expansion to new markets outside of Poland as well.
MasterCard and The Heart have announced the establishment of "The Heart Ventures", a startup incubator which, along with the largest corporations, will build new technology companies that provide additional banking services.
Efforts are afoot to reduce the pay gap and get more women into senior positions in the business world.