Following the launch of blink instant account transfers in 2022, Fibank (First Investment Bank) now provides its retail customers with the opportunity to also make instant mobile payments using the blink P2P service . No need for IBAN, transfers are made by mobile number. Also, no fee for transfers up to BGN 100*.
First Investment Bank continues to expand its portfolio of online banking products, „being the first in Bulgaria to offer the service through its My Fibank mobile application” – according to the press release.
Blink P2P instant mobile transfers are available to customers with active banking rights in My Fibank. Both the payer and the recipient have to be registered for the service. Customers need to download an updated version of My Fibank and specify the mobile number and the account number of the blink P2P transfer recipient. For the moment, transfers in BGN are available and their processing time only takes seconds.
Main characteristics:
Currency of transfers – BGN;
Maximum transaction limit – BGN 500;
Maximum limit for 24 hours – BGN 2,000.
Fibank is the first bank in Bulgaria to offer the blink P2P mobile service of the National Card and Payment Scheme, part of BORIKA AD. Other payment service providers will gradually join the service but until then blink P2P mobile payments can only be carried out between Fibank customers.
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*Valid for the first three months from the launch of the service – until 20.04.2023 and when ordering up to 10 transfers in 24 hours.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
