RCS - Boku Inc - Boku adds Poland’s BLIK as first LPM for Google

BokuAnnouncement

04/06/2024 07:00

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RNS Number : 9280Q  Boku Inc  04 June 2024

REACH

 

4 June 2024

 

Boku, Inc.

 

("Boku" or the "Company")

 

Boku adds Poland's BLIK Form of Payment as its first LPM with Google

 

Boku, Inc. (AIM: BOKU), a leading global provider of mobile payment solutions,
is pleased to announce that it has added BLIK as a Form of Payment in Poland
as a payment method for Google, Boku's first local payment method ("LPM")
connection for Google, extending the strong relationship Boku already has with
Google through Direct Carrier Billing ("DCB").

 

With this launch, 16.3 million active users of BLIK in Poland will be able to
utilise this payment method when purchasing from the Google Play store,
ensuring that they can utilise the payment method they prefer.

 

The National Bank of Poland have classified BLIK as an important payment
system in a Polish market, with evidence that BLIK is now the most frequently
used payment method for online purchases in Poland.

 

Stuart Neal, Boku's CEO, commented: "We are very pleased to see BLIK go live
as a payment option for Google in Poland. This is our first LPM connection
with Google, a company we have had a relationship with for a number of years
through them using our DCB services. With Boku's merchants increasingly
adopting these newer payment methods Boku is ideally placed as their trusted
payment partner."

 

Magdalena Kubisa, Director Of Business Development at BLIK, commented: "BLIK
is a versatile payment method that is already the top choice for online
purchase for many Poles. Therefore, we are delighted to expand our network of
availability, and through collaboration with Boku, BLIK will be one of the
available payment methods for Google Play. For us, this is another strategic
step in the development and dissemination of our system. We hope that the
service will generate broad interest."

 

Enquiries:

 

Boku, Inc.

Stuart Neal, Chief Executive
Officer
+44 (0)20 3934 6630

 

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe

Florence
Chandler
+44 (0)20 3934 6630

 

Notes to Editors

 

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment
solutions. Boku's mobile-first payments network, including mobile wallets,
direct carrier billing, and account to account/real-time payments schemes,
reaching over 7.5 billion mobile payment accounts through a single
integration.

 

Customers that trust Boku to simplify sign-up, acquire new paying users and
prevent fraud include global leaders such as Amazon, Meta Platforms, Google,
Microsoft, Netflix, Sony, Spotify and Tencent.

 

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with
offices in the US, India, Brazil, China, Estonia, France, Germany, Indonesia,
Japan, Singapore, Spain, Taiwan and Vietnam.

 

To learn more about Boku Inc., please visit: https://www.boku.com

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