BLIK
BLIK
BLIK – Polish mobile payment system that allows Smartphone users to make
payment instantly at stores, withdraw and deposit cash at ATM’s without the
card and make instant transfer money by generating 8 digits code. It has been
introduced by Polish Payment Standard Ltd. (PSP).
BLIK is a mobile payment system and scheme, one of the first on the European
market, with a unique model of co-operation between banks, payment acquirers
and merchants all supported by innovative information technology, architecture
and design. Built on a partnership of Poland’s six largest banks, the payment
scheme allows for a single, integrated platform across all mobile devices with
the growth of its acceptance network, BLIK allows its users to pay in numerous
points - online, in a mobile channel, in a physical network of ATM’s, shops,
post offices, local administration offices and various other service providers. In
2017, 6.1 million service users made 33 million transactions by that we can see
it is a success full payment system compared to all the payment systems.
According to OSLO Manual BLIK is an example of product innovation.
References:
1. OSLO manual, guidelines for collecting And interpreting Innovation data,
page no.47