Mastercard announced acceleration of e-payments in France

Both companies aim to speed up the rollout of new payment features and innovations across the country

Mastercard France payments

Mastercard announced acceleration of e-payments in France. Source: flickr.com

Mastercard has recently teamed up with FrenchSys, the e-payment solutions provider across France.

According to the report, 130 million French and international consumers have easy access to French electronic banking services annually. This way, while France has historically been a forerunner in card payment technology, it needs to constantly innovate to remain at the leading edge along with its European counterparts.

On the basis of this agreement, Mastercard’s developments and innovations in payment technology will be made more readily available and make for easier deployment in line with other European countries.

Some of these benefits include contactless payment with PIN code entry and no amount limit, card refunds immediately credited to an account, or Mastercard’s new sound identity built into the payment process.

This partnership will enable the banks adopting the system to develop their business thanks to improved integration of the solutions Mastercard deploys for retailers and businesses
Solveig Honoré Hatton, CEO of Mastercard France

We’ve reported that Walgreens partnered with Mastercard and Synchrony to expand its business strategy as well as financial services.

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