PKO Bank Polski announced the introduction of a fresh function in its IKO mobile application. Repeated payments BLIC is an innovative solution to facilitate the management of subscriptions, bills and another regular fees. The fresh feature is available to users of the application in version at least 3.162.
Repetitive payments BLIC – what is new?
Newly introduced option allows automatic execution of cyclical payments without the request for each data input. This allows users to manage their finances from application level, saving time and minimising the hazard of forgetting crucial deadlines. The Bank divided payments into 3 main categories:
- Subscriptions – fixed amount charges that are collected regularly, e.g. for streaming platforms specified as Netflix or Spotify.
- Accounts – variable amount payments that require additional approval in the application within 72 hours, e.g. invoices for electricity or gas.
- Occasionally – variable amount and frequency payments, made automatically at the time of ordering the service, e.g. a one-time charge of the telephone account.
How do I turn on repeat BLIC payments?
To usage the fresh function, follow the instructions below:
- Select a repeat payment vendor BLIC – on the website or in the application of the seller (e.g. Play, Orange, TUŻ Allianz).
- Accept the seller's offer and payment terms – Enter the BLIC code you will find in the IKO application.
- Confirm service activation in IKO application – you will see detailed payment information, specified as the amount, frequency and method of charging.
With a simple activation process, users can rapidly adjust payments to their needs.
Where can I usage a fresh function?
For the moment, repeat BLIC payments are available in selected companies, specified as:
- Play – automatic settlement of telecommunications bills.
- Orange – the anticipation of cyclical payment of invoices or overcharged phones on a card.
- ALLIANZ – payment service for insurance policies.
The bank announces an extension of the list of partners, which means that shortly more companies will operate this function.
Why is it worth utilizing repeat BLIC payments?
The fresh feature in the IKO app offers many benefits:
- Payment automation – no request to remember the dates of subscription fees or bills.
- Time savings – just a single configuration to make payments automatically.
- Transaction security – each payment is protected by the BLIC strategy and delicate user data remains safe.
- Comfort – all payment information is available in 1 place in the IKO application.
BLIC Payments – increasing popularity in Poland
According to NBP data in the 3rd 4th of 2024, the BLIK strategy was utilized for more than 330 million transactions, which means an increase of 30% compared to the erstwhile year. Poles are increasingly eager to choose this form of payment, mainly due to its convenience and speed.
PKO BP, as the largest bank in Poland, is constantly developing its offer, adjusting to increasing expectations of customers. The introduction of repetitive BLIC payments is another step towards digitalisation of banking services.
Modern financial management in IKO
IKO has been very popular with PKO BP customers for years. Thanks to regular updates and the introduction of fresh features, specified as repeatable BLIC payments, the application becomes even more functional and intuitive.
If you are utilizing PKO BP services, delight update the IKO app to the latest version and see how the fresh feature can facilitate your regular financial management.
More here:
New in the PKO BP app. See what's changed in IKO
