Postbank is the first certified bank in Bulgaria, which is offering to its customers the modern service of instant payments in BGN under the Blink programme of the National Card and Payment Scheme (NCPS), part of Borica AD.

Now the bank's customers will be able to make transfers of up to BGN 30,000 from account to account (P2P/P2B) for 10 seconds in the bank's wide branch network. The service is in line with the introduced pan-European SEPA scheme for instant payments of the European Payments Council. The new service is about to be active 24 hours a day, seven days a week and 365 days a year both via Postbank’s mobile and internet banking channels. With the introduction of the advanced method of payments, the bank again meets the expectations of modern consumers for speed and accessibility of the services it provides, offering the necessary amenities in their dynamic daily life.

"We are constantly striving to introduce innovative solutions that make payments faster, easier and more intuitive, thus providing excellent experience to our customers. Almost everything is done digitally now – consumers are increasingly using online services, shopping and paying in a digital environment."

"Postbank reports a 70% increase in transactions conducted through our digital channels. In order to respond to the different conditions and the need for even faster services for both our individual and business customers, for several months now, jointly with Borica, we have been working very hard to introduce instant Blink payments. This is a new service for the Bulgarian market with many advantages but speed is the main of them. We will gradually expand the functionalities and channels, and the service is expected soon to be available for our customers via mobile and internet banking 365 days, 24 hours, 7 days a week, including holidays and weekends, and will enable them to make the transactions they want only for a few seconds. This is exceptional convenience and we hope that soon all our customers will use it, saving the most valuable thing – their time", Postbank commented.

The introduction of innovative solutions is an integral part of Postbank's business strategy, which is being developed in line with the latest global trends in the financial field. The new Blink instant payment service will be available as a pilot project in the wide branch network of Postbank throughout the country. The financial institution is preparing to offer it also through its digital channels.

For the full information on the topic, you can read the full pressrealease in Bulgarian here.