Przelewy24
- Founded
- 2004-01-01 in Poznań, Poland
- Headquarters
- Poznań, Poland (with additional offices in Cracow and Warsaw)
Przelewy24 (P24) is Poland's dominant online payment operator, processing over 70% of all e-commerce transactions in the country. Founded in 2004 in Poznań, the platform started as an independent fintech and is now owned by PayPro S.A., which is part of the Nexi Group, a European digital payments leader. The service aggregates real-time bank transfers from more than 165 Polish banks and supports alternative methods such as BLIK, Google Pay, Apple Pay, credit/debit cards, SMS payments, and prepaid cards. It is particularly essential for iGaming operators targeting the Polish market due to instant settlement, high conversion rates, and strong consumer trust. Beyond payments, the company offers Przelewy24 Finance, a business funding hub providing merchants with loans up to PLN 1.2 million in partnership with Liberis and PragmaGO. With over 250 employees across offices in Poznań, Cracow, and Warsaw, Przelewy24 continues to expand its ecosystem through strategic partnerships like Polskie ePłatności, delivering omnichannel commerce solutions.
Detailed Review
History and Founding
Przelewy24 was launched in 2004 to address the need for seamless online payments in Poland, where bank transfers dominate and credit card usage is low. The name derives from the Polish word “przelewy” (transfers). Initially independent, the company was later acquired by PayU and today operates under PayPro S.A., which is owned by the Nexi Group. The founder, Piotr Kurczewski, is no longer in management.
Business Model
Przelewy24 operates as a real-time payment gateway aggregator. When a customer selects P24 at checkout, they are redirected to their bank's secure online banking environment to authorize the transfer. The merchant receives instant confirmation, eliminating chargeback risk and improving cash flow. The platform earns revenue through transaction fees paid by merchants. It also offers subscription and recurring billing capabilities, valuable for membership-based businesses.
Core Products and Platforms
The primary product is the Przelewy24 Payment Gateway, which aggregates bank transfers from over 165 Polish banks and supports BLIK, digital wallets, and card payments. The Przelewy24 Finance hub provides automated, flexible financing to merchants. Polskie ePłatności (PeP) is a strategic partner delivering over 284,000 POS terminals and the ONEcommerce omnichannel solution. Developers can integrate via the Przelewy24 API / SDK.
Market Position and Regulation
Przelewy24 is the market leader in Polish online payments, processing over 11 million transactions daily across its entire ecosystem. It is PCI DSS compliant and employs advanced fraud prevention tools. For iGaming, it is considered a top-tier payment method due to high approval rates and instant deposits. The company has received industry recognition, including the “Financial Brand of the Year 2026” award via its partner PeP and was commended for humanitarian payment solutions during the 2024 floods.
Recent Developments
In partnership with Liberis and PragmaGO, Przelewy24 launched the Finance hub to offer automated loans up to PLN 1.2 million. The company also collaborates with Polskie ePłatności on the ONEcommerce solution, bridging online and in-store payments. Leadership changes occurred in March 2025, with Michał Hull becoming CEO and Jacek Kinecki stepping down from the management board.
Key Products
Przelewy24 Payment Gateway
Real-time online bank transfer aggregator connecting 165+ Polish banks; also processes BLIK, Google Pay, Apple Pay, credit/debit cards, SMS, and prepaid cards.
Przelewy24 Finance
Business funding hub offering automated loans up to PLN 1.2 million in partnership with Liberis and PragmaGO.
BLIK Integration
Enables mobile payments via the BLIK standard, a popular Polish payment method.
Polskie ePłatności (PeP)
Strategic partner providing over 284,000 POS terminals and the ONEcommerce omnichannel solution.
Przelewy24 API / SDK
Developer tools for easy integration into e-commerce and iGaming platforms.
Offices & Headcount
250 employees (approx.)
Key Persons
- Michał Hull
CEO