Businesses selling to consumers in Poland will benefit from offering one of the
country's leading online payment methods through its integration
with Nuvei
MONTREAL, Nov. 13, 2023 /PRNewswire/ -- Nuvei Corporation
("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian
fintech company, announces today that it has added direct
connectivity to BLIK, the leading mobile payment method (APM) in
Poland, into its suite of 669 APMs
available for eCommerce businesses to offer through a single
integration.
BLIK enables users to make instant payments directly through
their mobile banking app. The APM is connected to 19 of the
country's leading financial institutions and has enabled almost 2.8
billion transactions valued at 371.4 billion Polish zloty in just 8
years. Consumers with a bank account with any of these institutions
can complete an online transfer by requesting a BLIK payment in the
merchant's eCommerce checkout, and entering a six-digit code that
is generated in their online banking app.
In addition to traditional BLIK payments, Nuvei also enables
merchants to offer BLIK One Click. After the initial transaction,
the consumers' financial details are stored, meaning subsequent
transactions can be completed through a single-click user
experience.
Nuvei Chair & CEO commented: "It is critical for eCommerce
businesses to offer their customers a choice of all the payment
methods they prefer, and BLIK is rapidly becoming one of the most
relevant payment methods in Poland. Adding BLIK to our suite of over 600
APMs through a single integration enables our partners to
efficiently reach their customers more completely."
BLIK is a common standard for mobile payments. Currently,
virtually every customer of domestic payment institutions offering
a mobile application has the option of using BLIK in mobile banking
applications. Polish Payment Standard (Polski Standard Płatności,
PSP) is responsible for the development of the system. PSP
constantly develops BLIK's capabilities so that the system is as
functional as possible. The shareholders of PSP are: Alior Bank,
Bank Millennium, Santander Bank Polska, ING Bank Śląski, mBank, PKO
Bank Polski, and Mastercard.
About Nuvei
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company
accelerating the business of clients around the world. Nuvei's
modular, flexible and scalable technology allows leading companies
to accept next-gen payments, offer all payout options and benefit
from card issuing, banking, risk and fraud management services.
Connecting businesses to their customers in more than 200 markets,
with local acquiring in 47+ markets, 150 currencies and 669
alternative payment methods, Nuvei provides the technology and
insights for customers and partners to succeed locally and globally
with one integration.
For more information, visit www.nuvei.com
Contact:
Public Relations
alexandra.bucur@nuvei.com
Investor Relations
IR@nuvei.com
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