What is Flik?
Flik is a mobile payment solution developed by Slovenian banks, allowing users to send and receive money instantly via smartphones. The platform supports real-time transfers between users and direct payments to merchants, with no additional fees for basic transactions. Flik is available for Android and iOS devices and enables payments linked directly to users' bank accounts. Designed with security in mind, Flik uses bank-level encryption and authentication. It primarily operates within the Single Euro Payments Area (SEPA) region, focusing on EUR transactions. Flik aims to simplify everyday payments, from person-to-person transfers to in-store and online merchant payments, making cashless transactions more accessible and immediate.
How to use Flik?
- Download the Flik app from Google Play or the App Store.
- Register with your mobile number and verified information.
- Link your bank account to the app.
- Select a contact or merchant to send or request money.
- Enter the amount and confirm the transaction.
- Recipient receives funds instantly in their bank account.
The pro's of using Flik
- Instant money transfers, 24/7, including weekends and holidays.
- No transaction fees for basic transfers within supported banks.
- Easy account linking and contact-based payments.
- Enhanced security with strong authentication and encryption.
- Supports both personal and merchant payments.
The con's of using Flik
- Limited primarily to banks in Slovenia and the SEPA area.
- Only supports transactions in euros (EUR).
- Requires smartphone and mobile internet access.
- Not as widely accepted outside Slovenia compared to global services like PayPal or Apple Pay.