Poland news and trends

Basware CEO: 90% of Companies Can’t Pay a Supplier on Time
Commercial Payments // September 06, 2023

Nine months into his tenure at the helm of Basware as CEO, Jason Kurtz told Karen Webster the dynamics between buyers and suppliers are ripe for improvement. CFOs grapple with suppliers’ requests for payments that come in across a dizzying array of different channels —...

From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
Real-Time Payments // July 05, 2023

Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance efficiency and meet the growing demands of businesses and consumers. Each country’s implementation may differ significantly regarding infrastructure, technology and...

Visa to Open Technology and Product Hub in Poland
VISA // May 23, 2023

Visa plans to open a Technology and Product Hub in Poland. The new hub will be the digital payments company’s fifth such location globally and its first in Central and Eastern Europe, Visa said in a Tuesday (May 23) press release. “Poland’s highly skilled workforce and vibrant IT...

Amazon Enables Sellers to Add 9 European Stores
Amazon Commerce // April 19, 2023

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least one European store to add some or all of the others with just two clicks rather than having to navigate...

Interviews & Exclusives
From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint

July 05, 2023
Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance efficiency and meet the growing demands of businesses and consumers. Each country’s implementation may differ significantly regarding infrastructure, technology and regulatory frameworks. Still, the common goal is providing faster, more […]

Why Mastercard Is Powering Contactless Payments In Poland

August 31, 2017
Poland has been hard at work burnishing its image as a tech hub over the last several years. A country in which financial services were largely reinvented in the 1990s after...

Idea Bank Is Driving ATM Innovation — Literally, In A BMW

July 13, 2017
Cash is one of the more underrated players in the payments and commerce ecosystem. It’s often declared dead, innovators of all stripes are constantly declaring war on it and it is...

Quick Reads
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down

September 28, 2023
Much like their American counterparts, consumers in Poland are trading down. However, that apparently hasn’t stunted the growth of Allegro, that country’s largest eCommerce platform, as Reuters reported Thursday (Sept. 28).  The company said it expects core earnings growth to speed up at home as wages in Poland rise, anticipating gross merchandise value (GMV) to increase by 10% […]

Visa to Open Technology and Product Hub in Poland

May 23, 2023
Visa plans to open a Technology and Product Hub in Poland. The new hub will be the digital payments company’s fifth such location globally and its first in Central and Eastern Europe, Visa...

Allegro Preparing to Expand Third-Party Marketplace to Czech Republic

March 30, 2023
Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s plan to expand its marketplace...

Polish Electronics Rental Startup Plenti Raises $5M

February 09, 2023
Poland’s Plenti has raised $5.3 million to expand its electronic device rental service. The funding will help as it launches PlentiPartners, a program in which entrepreneurs buy devices that are...