Customers The Bank Postale will pay on Call Pay via CB network

The Postal Bank has strengthened its commitment to the sovereignty of payment in France. In order to do this, the French bank chose to ensure that mobile payment transactions made by its customers via Apple Pay would soon pass through the domestic CB network. This decision is taken at a time when the French authorities and European regulatory bodies are trying to better regulate foreign Wallets.

FACTS

• The Bank Postale today asserts its status as a member of CB and as a participant in the Strategic Plan CB Dynamics 2026, to make a more frontal commitment to support the "made in France" payment.

• To this end, it confirms today that the mobile payment transactions carried out on Apple Pay by its customers will pass on the domestic CB network from the first quarter of 2025.

• Initial test transactions have been carried out since 1 October. Over the past two months, some 40 postal bank employees have been able to carry out their Apple Pay transactions via the CB network. The positive results of this first deployment today push the Bank Postale to generalize this use to all its clients.

• The transition on the CB network will be automatic and transparent for customers.

ISSUES

• Adapting to new uses: If Almost 63% of French payments are made by credit card today, the use of electronic wallets has almost doubled, from 4.6% in 2022 to 8.2% in 2023 according to the annual report 2023 of the Observatory of Security of Payment Means.

• A fundamental question The question of the sovereignty of payments in Europe is at the heart of the news more than ever. The European institutions are in fact positioning themselves on several fronts in order to ensure consumer protection and the defence of local money and tools.

PERSPECTIVE

• The ECB published Most recently its second progress report on the preparation phase of the digital euro. The aim was then to clarify its action and reassure the market on the theme of MNBC. At the same time, the European Payments Initiative (EPI) is currently engaged in the deployment of its payment offer Wero intended to offer an interoperable solution to European users. And on the more specific theme of interbank refinancing operations, Société Générale and the Banque de France also come from achieve a new digital pension operation.

• These local initiatives thus reflect the evolution of European regulation and the ambition of the French authorities to improve the framework electronic portfolios offered by foreign giants GAFA and other leading telecom operators (such as Samsung).

Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate