Tytuł:

The Evolution and Future Prospects of BLIK: A Case Study

Tytuł publikacji grupowej:

Financial Sciences. Nauki o Finansach

Tytuł odmienny:

Ewolucja i przyszłość BLIK-a: studium przypadku

Autor:

Kubiczek, Jakub ; Czarkowska, Marta

Opis:

Financial Sciences. Nauki o Finansach, 2024, vol. 29, no. 2, s. 1-13

Abstrakt:

Aim: This paper aims to outline the development prospects of BLIK, examining the key factors influencing its growth. By analysing the drivers of BLIK’s expansion, the paper highlights its rise as a major player in the payment sector. Methodology: A thematic literature review and secondary data analysis, including data from the National Bank of Poland [Narodowy Bank Polski] and findings from scientific studies and industry reports, were utilised to fulfill the research aim. The discussion of BLIK’s advantages was structured using a functional model of payment execution. Findings: BLIK’s effective marketing strategy and robust informational-promotional efforts have propelled its expansion within the Polish payment market. The primary limitation for BLIK users is the requirement for a smartphone and digital proficiency, presenting a barrier for digitally excluded individuals. Nonetheless, analysis suggests BLIK’s position in Poland will continue to strengthen, with expansion into foreign markets evidenced by the adaptation of select international terminals to accept BLIK payments. Implications: BLIK’s increasing popularity is reshaping consumer payment preferences, helping businesses attract Polish customers, and prompting financial institutions to adapt their services and infrastructure to meet evolving market demands. Originality/value: This paper’s unique contribution is its analysis of the key factors behind BLIK’s rise, underscoring its significant impact on the payment sector.

Wydawca:

Publishing House of Wroclaw University of Economics and Business

Miejsce wydania:

Wroclaw

Data wydania:

2024

Typ zasobu:

artykuł

Identyfikator zasobu:

doi:10.15611/fins.2024.2.01

Język:

eng

Powiązania:

Financial Sciences. Nauki o Finansach, 2024, vol. 29, no. 2

Prawa:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Prawa dostępu:

Dla wszystkich zgodnie z licencją

Licencja:

CC BY-SA

Lokalizacja oryginału:

Uniwersytet Ekonomiczny we Wrocławiu