PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Natixis Payments and TransferWise Announce a Partnership

PaymentsJournal by PaymentsJournal
June 4, 2018
in Press Releases
0
TransferWise logo

TransferWise logo

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Amsterdam, 4 June 2018 –  Today TransferWise, Natixis Payments and Groupe BPCE, France’s second largest bank, announce a partnership that will enable Banques Populaires’ and Caisses d’Epargne’s 15,1 million retail customers to send money to over 60 countries at the real exchange rate. It’s the first time in Europe that a major bank will directly integrate TransferWise’s API into mobile banking apps.

This partnership between Groupe BPCE, Natixis Payments and TransferWise is set to be launched at the beginning of 2019 and will offer a digital solution to send money outside the eurozone at the TransferWise’s usual low fee. The service will be available 24/7 via the banks’ app.

TransferWise, Natixis Payments and Groupe BPCE are committed to offering the best possible service and the fairest deal to their customers and this collaboration is an important step in making that a reality for everyone. This partnership fits in perfectly with Groupe BPCE’s TEC 2020 strategic plan to embrace digital innovation and tackle the digital revolution head on.

“Integrating fintech services in the payment journey is an integral part of Natixis Payments’ DNA and know-how, allowing us to build better payments every day, says Pierre-Antoine Vacheron, Member of the Senior Management Committee of Natixis, in charge of payments. We are excited to join forces with a solution as innovative as TransferWise, that meets the critical needs of consumers today when it comes to international money transfer. This integration is a concrete use case of instant payments, of which Natixis Payments and Groupe BPCE are frontrunners.”

“TransferWise has a mission to make money move around the world as fast and as cheaply as email, explains Kristo Käärmann, co-founder and CEO, TransferWise. This partnership is a momentous step on that journey – for the first time a major mainstream bank is offering its customers the chance to benefit from TransferWise’s lightning fast, low cost service. It’s proof that we can scale our technology, which will allow other big institutions to seamlessly integrate with the service.

It’s great to work with such an influential institution trailblazing this innovation for the benefit of its customers. The banking industry is beginning to embrace the services challengers can offer, and we look forward to more banks joining us on this journey.”

Tags: TransferWise
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023
    cross-border payments

    How to Implement Effective and Innovative Cross-Border Payment Strategies

    January 24, 2023
    credit card experiences, digital payments, b2b payments

    Will Consumer-to-Business Payment Trends Drive B2B Global Growth in 2023?

    January 23, 2023
    Faster Payments Faster Identity Verification, connected car, payments

    2023 Predictions: Authentication, Digital Identity, and In-Car Payments

    January 20, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the U.S. Bank report - Real-time payments