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I live in Poland. I do (contactless) card payments every day, I rarely even have cash in my wallet. But I don't have a credit card and most of my peers / family

by pawelk 6y ago

I live in Poland. I do (contactless) card payments every day, I rarely even have cash in my wallet. But I don't have a credit card and most of my peers / family doesn't have one either. Our debit cards will usually not work for on-line payments (the type that requires card number + cvv). We do, however, have a widely adopted system called Blik[1], which is instant mobile payments (incl. POS payments, the terminals are adopted to process it, and many ATMs support cash withdrawals via Blik). I think it would be hard for any payments processor to get significant market share here without support for this, for many it's the default, then I think wire tranfer is the 2nd option, shopping elsewhere the third one, card payment maaaybe the 4th choice. [1] https://polskistandardplatnosci.pl/en/ https://polskistandardplatnosci.pl/en/

adambyrtek 6y ago
Most debit cards in Poland are standard Visa or Mastercard and definitely work online, sometimes you just need to activate them before the first payment for security reasons, but you're right that Blik seems to be getting more and more traction recently.
- pawelk 6y ago
  Yes, PayPass seems to be the go-to method in the physical world, even more so now (they have doubled the limit for non-PIN payments due to COVID-19 recently, so people don't use cash and don't touch the terminals as often), and Blik is winning on-line payments. The cards reportedly do work on-line, but I have never bothered to activate them. I have a Revolut card now for the odd CC payments with US-based companies, but I hardly ever use it for this purpose. I don't get the security model of CC, to me it's like: "here are all the details you will ever need to charge me an arbitrary amount until the card expires in X years". Any other method I have ever used was 2FA: I had to authorize the transfer of funds from my account to the recipient by some means.

by pawelk 6y ago

adambyrtek 6y ago

Most debit cards in Poland are standard Visa or Mastercard and definitely work online, sometimes you just need to activate them before the first payment for security reasons, but you're right that Blik seems to be getting more and more traction recently.

pawelk 6y ago
Yes, PayPass seems to be the go-to method in the physical world, even more so now (they have doubled the limit for non-PIN payments due to COVID-19 recently, so people don't use cash and don't touch the terminals as often), and Blik is winning on-line payments. The cards reportedly do work on-line, but I have never bothered to activate them. I have a Revolut card now for the odd CC payments with US-based companies, but I hardly ever use it for this purpose. I don't get the security model of CC, to me it's like: "here are all the details you will ever need to charge me an arbitrary amount until the card expires in X years". Any other method I have ever used was 2FA: I had to authorize the transfer of funds from my account to the recipient by some means.