Payments News » France

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

May 15 2018

in
France
P2P

“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 […]

Companies

UnionPay Partners With La Banque Postale To Expand Card Acceptance

July 17 2018

“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 […]

Global

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

May 15 2018

“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 […]

Global

Paris Says ‘Au Revoir’ To Metro Ticket, Ushers In Contactless Payment

July 13 2018

“The “Navigo Liberté+” pass, designed for people who travel regularly but not enough to warrant buying one of the already-existing weekly, monthly or yearly passes, will allow users to travel without topping up or buying tickets. It will be linked to a bank card and usage will be debited at the end of each month.”

Companies

GROUPE BPCE TO BECOME THE FIRST BANKING GROUP TO LAUNCH SAMSUNG PAY IN FRANCE FOR BANQUE POPULAIRE AND CAISSE D’EPARGNE CUSTOMERS

March 14 2018

“With the new mobile payment solution, Banque Populaire and Caisse d’Epargne customers will be able to make purchases with their smartphones wherever contactless Visa payments are accepted. Holders of the Apetiz meal voucher card will also soon be able to pay for their lunches directly with the Samsung smartphones.”