Blik

#e-Wallet

BLIK is a popular online payment method in Poland that allows users to pay for goods and services without having to provide card details for each transaction. The system […]

Certified payment providers 10
Market coverage 1
  • Poland
Currencies 1
  • Poland Zloty
Description

BLIK is a popular online payment method in Poland that allows users to pay for goods and services without having to provide card details for each transaction. The system was launched in 2015 and has become very popular due to its security and convenience.

To use BLIK, you first need to have a Polish bank account with a bank that supports this payment method. You can then link your bank account to BLIK by creating a unique PIN code, which is used to validate each transaction.

When you want to make a payment, simply select BLIK as the payment method on the merchant’s website or mobile app, and then enter your BLIK PIN code to validate the transaction. Funds are immediately transferred from your bank account to the merchant’s account, and you receive a payment confirmation.

BLIK is considered a very secure payment method because card details are not disclosed during transactions, and BLIK PIN codes are not stored on the merchant’s servers. In addition, BLIK transactions are protected by advanced encryption technology and a multi-level security system.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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