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July 4, 2018

Groupe BPCE introduces instant payment services in France

Groupe BPCE, a French banking group, has collaborated with Natixis Payments to offer instant payment services to its customers.

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The new service, which will be made available to all customers including individuals, merchants, companies, will enable account-to-account payments within 10 seconds.

Natixis senior management committee member Pierre-Antoine Vacheron said: “Natixis Payments has been investing in infrastructure for several years now in order to bring this new payment service to clients.

“These solutions – a first on the French market – have been devised to optimize the user experience, a prime example being real-time notification for beneficiaries.”

The service is currently available for all Natixis Payments and Natixis Assurances clients.

The service is also expected to be rolled out to Banques Populaires and Caisses d’Epargne customers soon.

Once available, the two retail banking networks will enable customers to utilise their mobile banking service to carry out instant payments. The service can be used to send funds to family members, pay for items bought from other individuals or pay for services at home.

Furthermore, Natixis Payments also teamed up with Air France to enable the latter’s customers in Europe to purchase flight tickets as well as pay for other associated services by utilising instant payment service.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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