Poland

PayPal Fined $27 Million for Contract Violations in Poland
PayPal Fined $27 Million for Contract Violations in Poland
July 15, 2024  |  Regulation

A Polish regulator fined PayPal $27.3 million over allegedly “unprecedented” user agreement violations. The Office of Competition and Consumer Protection (UOKiK) said in a Monday...

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Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023  |  eCommerce

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...

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

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...

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

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...

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

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...

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

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...

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Allegro Preparing to Expand Third-Party Marketplace to Czech Republic
Allegro Preparing to Expand Third-Party Marketplace to Czech Republic
March 30, 2023  |  eCommerce

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...

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Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
February 16, 2023  |  Mobile Payments

Mobile payments in Poland have made significant ground in recent years. Leading the charge is BLIK, the bank-backed payment system which has been fueling digital...

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Polish Electronics Rental Startup Plenti Raises $5M
Polish Electronics Rental Startup Plenti Raises $5M
February 09, 2023  |  Investments

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...

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