SOPOT, Poland (Reuters) -Polish mobile payment system BLIK plans to expand into Central and Eastern Europe (CEE), including Austria, Poland's biggest lender PKO BP CEO Szymon Midera said on Wednesday.
BLIK Payment System Set to Expand into CEE and Austria, Says PKO BP CEO
SOPOT, Poland (Reuters) -Polish mobile payment system BLIK plans to expand into Central and Eastern Europe (CEE), including Austria, Poland's biggest lender PKO BP CEO Szymon Midera said on Wednesday.
The expansion will involve cooperating with leading regional banks in the area to replicate BLIK's domestic success, he told the annual European Financial Congress.
"Only in this way can we enable the further development of BLIK abroad and ensure, within a few years, a doubling of the volume that BLIK has generated in the Polish market," Midera said.
BLIK is Poland's most popular mobile payment system with over 16 million users and over 2.4 billion transactions in Poland as of 2024. It is operated by Polski Standard Platnosci (PSP) and jointly owned by several major Polish banks, including PKO BP.
(Reporting by Rafal W. Nowak and Marta Maciag, editing by Ed Osmond)
