BNP Paribas and Ingenico partner for e-commerce currency conversion service

Source: Ingenico

By partnering with Ingenico ePayments, BNP Paribas is the first French bank to support its customers in their online sales development in Europe. E-merchants accept new payment methods in different currency.

BNP Paribas is an international bank and a leading e-commerce player in France, with a market share of nearly 30% of all e-commerce transactions. The partnership between BNP Paribas and the Ingenico Group helps the Bank’s customers to boost their online sales in Europe by accepting both international and local methods of payment. Ingenico ePayments solution, combined with BNP Paribas’ electronic payment solution, allows merchants in 14 European countries to accept online payments in 8 different currencies. BNP Paribas’ electronic payment solution is supported by the domestic platforms in France, Italy, and Germany, and a central platform covering 13 countries.

Jean-Marie Dragon, Head of Innovative Electronic Payment Solutions at BNP Paribas said: “Through this partnership, BNP Paribas confirms the strategic nature of e-commerce and its determination to support its customers in two major challenges in this market: international growth and fraud management”.

"This partnership enhances BNP Paribas’ existing e-commerce offer while equipping customers with Ingenico’s ePayments’ fraud-detection tools, which identify and prevent fraud attempts."

Pierre-Antoine Vacheron, Executive Vice-President ePayments of Ingenico Group, added: “The Ingenico Group is delighted that BNP Paribas selected it to enrich its online payment solutions, which will help its customers to accelerate their international growth”.

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