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.
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