Wirecard, Orange Bank expand their partnership in France

Wednesday 11 December 2019 10:32 CET | News

Fraud Prevention and Online Authentication Report 2019/2020 Wirecard and Orange Bank are expanding their cooperation and now offering all Android users in France mobile payments with Google Pay.Fraud Prevention and Online Authentication Report 2019/2020

Orange Bank has already established itself as a market leader for mobile payments in France, with 17% of such payments made via the Orange Bank App in 2018, according to the official press release. The addition of Google Pay aims to increase this figure.

Google Pay is a mobile payment method that can be used for contactless payment at the checkout, online shopping and payments within apps. Thanks to Wirecard’s technology, Orange Bank customers can now pay with any Android smartphone with NFC functionality. All they have to do in shops that offer Google Pay as a payment method is hold their mobile device to the POS terminal and unlock the screen of their device, without opening the app.

France is one of the leading nations in mobile banking with a mobile access rate to bank accounts of around 70%, Wirecard an eMarketer study. In addition, about 6.6 million people or 15.6 percent of smartphone users in France pay at least once every six months with their mobile phone in stationary retail stores.

Wirecard is a global digital financial technology provider, using an integrated B2B2C approach. This ecosystem concentrates on solutions in the areas payment and risk, retail and transaction banking, loyalty and coupon programs in addition to data analytics and conversion rate enhancement across all sales channels (online, mobile, ePOS).

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Keywords: Wirecard, Orange Bank, mobile payments, France, POS, merchants, retailers, ecommerce, contactless payment, transaction banking, loyalty
Categories: Payments & Commerce
Countries: France
This article is part of category

Payments & Commerce