Crédit Agricole pushes payment platform at CARTES 2013
Hervé Gachen: "We're the biggest player in France, our domestic market, and a top five player in the European market"
First-time CARTES exhibitor Crédit Agricole Cards & Payments is focusing on a strategic realignment, which opened its payment processing platform to non-subsidiary companies. The aim of the move, says the company’s Hervé Gachen, was to maximise payment volumes and so minimise costs for both subsidiary companies and other users.
“The company now handles 8 billion transactions annually. We’re the biggest player in France, our domestic market, and a top five player in the European market, he said.
The firm says it has already achieved significant successes since it took the decision to offer services to a wider market. “All of HSBC’s transactions in France are now handled by us, for instance, and we now have an appreciable presence in Poland, Italy and Spain. Exhibiting at CARTES 2013, which features such a high percentage of international visitors, was a very natural thing for us to do,” Gachen explains.
Crédit Agricole Cards & Payments offers other services besides payment processing. The company manufactures its own smart cards, for example, and is also exhibiting a new multi-service mPOS for merchants.