The BLIK mobile payment system enables payments in stores and online, ATM cash withdrawals and, in the future, P2P transfers – all with a mobile phone. The application’s underlying identification mechanism are single-use codes generated for the user by the PSP at the request of the bank.
Smartphone transactions are the future of payments. Mobile banking applications are already used by millions of smartphone owners. Customers are increasingly keen on making an active use of their mobile phone, which is replacing not only the wallet, but also debit and credit cards.