Business Offer: BNP Paribas Streamlining Payments Pricing

• BNP Paribas has just launched a single pricing offer, called Access, for business subscribers using card acceptance systems.

• Access has been commercially launched in the end of September. On this occasion, BNP Paribas proposes a three-month free test period to its customers.

• Later on, a unique four euros monthly fee will be charged, regardless of their transaction volume: customers (craftsmen, merchants or entrepreneurs) with annual sales figures below 12,000 euros will be able to opt for Access.

• BNP Paribas also proposes Tépéo to cater for contactless POS devices rental and maintenance over 36 or 48 months periods.

Source: Press release

• BNP Paribas strategically keeps relying on segmented affinity through this new product only applying to merchants and small businesses.

• Competition keeps pressuring the retail sector, with new, non-banking, entrants such as Square in the US or iZettle in Europe. These players rely on mobile devices to push low-cost acceptance.

• BNP Paribas has decided to focus on yet another customer expectation to make the difference, and transparency in pricing stands at the heart of this new offer.