Payments News

On The Web

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Domains

French Banks To Add P2P Transfers To Paylib Online And In-Store Mobile Payments Service

“Following the introduction of online and in-store payments, customers of the six partner banks will be able to make person-to-person money transfers by the summer. BNP Paribas launched the new ‘Paylib entre amis’ [Paylib between friends] service last Wednesday while Crédit Mutuel Arkéa, BPCE, Société Générale, Crédit Agricole and La Banque Postale will follow in […]
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Global

Worldline’s $2.75 Billion Deal For Six Payment Services Sets Stage For More Consolidation

“Worldline’s $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX’s chairman told Reuters. France’s Worldline beat competition from U.S. bidders to land the SIX business, reflecting a drive by financial sector companies to gain scale to benefit from the […]
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Companies

UnionPay Partners With La Banque Postale To Expand Card Acceptance

“UnionPay International has partnered with French bank La Banque Postale to expand the acceptance of its cards across the country, with focus on tourist attractions and public transportation. Under the alliance, the partners intend to facilitate Chinese tourists to use UnionPay cards at 37,000 merchants and 7,600 ATMs of the bank within next year. The […]

On The Wires

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