BLIK Romania receives authorization from National Bank to begin operations

by   CIJ News iDesk III
2024-10-03   14:38
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BLIK Romania has been officially authorized by the National Bank of Romania (BNR) to commence operations, according to the Polish Payment Standard. This approval marks a significant step in expanding BLIK’s mobile payment system into the Romanian market.

The authorization will allow BLIK to develop its payment system in Romanian leu (RON) and partner with local payment service providers. Initially, the company plans to focus on e-commerce payments, capitalizing on Romania’s rapidly growing online shopping sector.

“The BNR authorization is crucial for BLIK’s expansion in Romania, a key market in Central and Eastern Europe. The surge in digital growth and the increasing adoption of cashless payments create the ideal conditions for introducing BLIK’s modern payment solutions,” said Ryszard Drużyński, President of BLIK Romania.

BLIK Romania, registered in December 2022, officially announced its activity in March 2023. Since then, it has worked on aligning with local regulations and developing a market-specific strategy. With the BNR’s approval granted on October 1, 2024, BLIK Romania is set to roll out its services to all authorized payment providers in the country.

The company’s strategy involves gradually introducing BLIK payments across all channels, with an initial emphasis on e-commerce.

“BLIK’s success in fast, secure online payments across Poland and Central and Eastern Europe positions us well to thrive in Romania’s evolving digital landscape. As Romania’s e-commerce sector continues to grow, we are confident in BLIK’s ability to lead in this space,” added Dariusz Mazurkiewicz, Chairman of BLIK Romania’s Supervisory Board.

BLIK is a mobile payment standard operated by Polish Standard Payments (PSP), with shareholders including major Polish banks and Mastercard.

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