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...
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 —...
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 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...
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 […]
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...
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...
July 15, 2024
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 (July 15) press release that it determined PayPal’s contract language did not inform consumers which activities could cause them to incur penalties. “The nature of the violations is unprecedented,” said […]
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...
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...
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...
