Groupe BPCE to become the first banking group to launch Samsung Pay in France for Banque Populaire and Caisse d’Epargne customers
Groupe BPCE is announcing the launch in France of the Samsung Pay mobile payment solution, before the summer and on an exclusive basis, for Banque Populaire and Caisse d’Epargne customers equipped with compatible Samsung smartphones.
Samsung Pay: simple, fast and secure mobile payments
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.
Once their card is recorded in Samsung Pay, users will simply make an upwards swipe on their phone screens to launch the service, authenticate using a pin code, iris recognition or the fingerprint reader (depending on the handset) and place their smartphone over the payment terminal to pay for their purchases.
Samsung Pay is a simple, fast and secure payment solution developed in collaboration with Natixis Payment Solutions, the mobile payments and electronic prepaid solutions arm of Groupe BPCE, and partnered by the Visa payment system.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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