BLIK payment system gets central bank’s authorization to operate in Romania

BLIK payment system gets central bank’s authorization to operate in Romania

The Board of the National Bank (BNR) authorized on October 1 the operation of the BLIK instant payment system in Romania. It will be administered and operated by BLIK Romania SA and ensure the settlement of e-commerce payment transactions up to RON 50,000, BNR said. The decision will enable the development of this system in…