In the last quarter of 2020, Polish BLIK users performed 140 million transactions, with over 420 million throughout the year. At the end of the year, 7 million people were actively using the mobile payment system. The total value of transactions in the fourth quarter was nearly PLN 19 billion, while the year closed out with PLN 57 billion. BLIK is available to virtually all mobile banking customers, it can be used not only in the entire Polish e-commerce, but also in a growing number of global platforms. Currently, apart from e-commerce, a rapidly growing feature is transferring money to a phone number, i.e. the ability to transfer money instantly between users.
A record quarter
The second most frequently used channel among users are transfers to the BLIK telephone number. The year-on-year increase in this category is as much as 167%. The total number of transactions was 15.5 million (compared to almost 6 million a year earlier). At this time ten banks are already offering their customers the option to immediate transfer money from account to account without having to enter a bank account number.
In our opinion, cashless, instant and secure transactions between users are currently the biggest trend not only on the Polish market, but also the European payment market. This is the best way to transfer money, not only because of the coronavirus pandemic. We predict that transfers to a telephone number may soon become the main form of transferring money between people.
says Dariusz Mazurkiewicz, CEO of the Polish Payment Standard, BLIK’s operator
Users know and appreciate BLIK primarily for its versatility and mobility. BLIK is the only payment system that under one brand provides payment options at POS, through e-commerce, offers transfers to a telephone number and the option of withdrawals at an ATM - none of the brands present on the market integrates these functions. BLIK simplifies finances, makes the experience positive and pleasant, and also provides a very good UX, which makes it such a widely recommended service.
stresses Monika Król, Vice President of the Polish Payment Standard
The best year in BLIK history
We are very quickly approaching the first billion BLIK transactions, which will be a kind of symbolic achievement for us after 6 years of our presence on the market. The total value of BLIK transactions from February 2015 to the end of 2020 amounted to nearly PLN 105 billion. We have become the undisputed leader in e-commerce. According to the NBP data, the number of online transactions is already more than twice as high as those made with cards. Our ambitions go further, which is why we continue to work hard to ensure that BLIK can be used to pay anywhere in the world, wherever our users want to shop.
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BLIK Press Office
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