Blikk hugbúnaðarþjónusta hf.

Blikk hugbúnaðarþjónusta hf. is an Icelandic fintech and payment technology company that provides a cardless real-time payment solution built on direct account-to-account (A2A) transfers. Instead of relying on traditional card networks such as Visa or Mastercard, Blikk allows users to pay directly from their bank accounts using Iceland’s real-time banking infrastructure.

The company operates as a licensed payment institution under Icelandic payment services law aligned with the EU PSD2 framework. Its core focus is payment initiation services and account information services, meaning it can securely connect to users’ bank accounts (with consent) to initiate payments and provide account-linked services.

SERVICES

• Account-to-account payment services: Blikk allows users to pay merchants directly from their bank accounts without using debit or credit cards.
• Real-time transfer services: Users can send money instantly using Iceland’s real-time banking rails, making transfers fast and immediate.
• Mobile payment app services: Blikk offers mobile apps for Android and iPhone that allow users to make payments and manage transfers digitally.
• Merchant payment acceptance services: Businesses can accept Blikk payments as an alternative checkout method, reducing reliance on card processors.
• Payment initiation services (PIS): With user consent, Blikk can initiate payments directly from linked bank accounts under PSD2 open banking rules.
• Account information services (AIS): Blikk can access account data (with permission) to support payment and account-based services.
• Low-fee payment services: The platform promotes no annual fees and reduced transaction costs compared with traditional card systems.

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