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Rymarz Zdort Helps Establish Cooperation Between PSP and Mastercard

Rymarz Zdort Helps Establish Cooperation Between PSP and Mastercard

Poland
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Rymarz Zdort has advised PSP, the operator of the BLIK mobile payment system, on the addition of Mastercard as an investor and the start of commercial collaboration between it and PSP.

As an element of the cooperation, it is planned that contactless technology will be made available to BLIK users globally at terminals that accept contactless payments using Mastercard-branded products.

BLIK is a Polish mobile payment system that enables mobile banking application users to make payments at points of sale and for online purchases, to make cash withdrawals and deposits at ATMs, and to make instant mobile money transfers. After the conditions indicated in the contract were fulfilled, Mastercard purchased newly-issued shares in PSP and became its seventh shareholder.

Rymarz Zdort's team consisted of Partner Iwona Her, Counsels Irmina Trybalska and Katarzyna Lukaszewicz, and Associate Aleksander Jakubisiak. The project was supervised by Managing Partner Pawel Zdort.