Global payments platform PPRO has become the first international partner and global direct processor for Polish Payment Standard (PPS), operator of BLIK.
The deal opens up more opportunities for Polish consumers to pay at more places online direct from their mobile phone via the payments system.
International retailers wanting to close sales with Polish customers can also receive payments as the agreement enables the local payment method across PPRO’s international acquirer and payment service provider network.
“This co-operation is a milestone for us in publicising BLIK capabilities to online vendors internationally. The agreement with PPRO will enable many more acquirers to access this Polish payment method and extend it to their customers,” explained Monika Król, VP of the management board, PPS, operator of BLIK.
“Global payment operators have been showing increasing interest in BLIK for some while and we are convinced that our co-operation with PPRO will contribute to growing the e-commerce acceptance network.”
BLIK transactions are made bank account to bank account in real-time via a mobile front-end. The scheme has seen transaction volumes almost treble year-on-year.
The payments system integrated a total of 12 participating banks and financial institutions, covering more than 90% of Polish bank customers.
“The growing popularity of ‘push’ payments is being driven by consumers wanting more control over their finances and privacy and merchants wanting to reduce the cost and risk of payment acceptance,” said Jack Ehlers, Director of Product, Payment Networks and Business Development, PPRO.
“As such, we are delighted to be the first international partner for BLIK. Integrating directly with BLIK will help make processes smoother for end-consumers and merchants, and help boost successful sales.
“Our partners are already looking forward to this long-term partnership as much as we are.”