\tPolish Payment Standard (PPS), operator of the Blik mobile payment brand in Poland, inked a deal to extend its remittance options beyond the nation\u2019s perimeter as it seeks to grab a slice of growing cross-border trade opportunities, Finextra reported.<\/p>\n
The deal with international payment service provider PPRO enables Polish consumers to make payments to global merchants using Blik, which the publication explained offers bank-to-bank transfers controlled through a “mobile front-end\u201d.<\/p>\n
PPRO describes itself as offering a network of international payment services through deals with local brands, noting this enables merchants to offer the \u201cwidest possible range of local payment types and services\u201d on a global basis.<\/p>\n
Finextra stated Blik had been integrated into 12 mobile banking apps offered by financial institutions, giving the service a penetration rate of 90 per cent of Poland\u2019s banked consumers.<\/p>\n
PPS board VP Monika Krol told the publication the agreement was a \u201cmilestone\u201d in terms of attracting international merchants and would play a key part in boosting e-commerce in the nation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Polish Payment Standard (PPS), operator of the Blik mobile payment brand in Poland, inked a …<\/p>\n
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