SafeCharge, a Nuvei company, is now able to offer Cartes Bancaires (CB), France’s national interbank network and the country’s most widely used payment scheme.
With one integration, SafeCharge enables access to over 300 alternative payment methods throughout the world. Adding Cartes Bancaires removes another payment barrier, enhancing local and cross-border transactions by providing a secure and familiar form of payment.
Cartes Bancaires has over 70 million cards in circulation and 60 per cent of French payments are made using the card brand. In addition to minimising fees for domestic processing, SafeCharge merchants can now offer this local payment alternative to maximise authorisation acceptance rates, improve customer satisfaction and generate more potential revenue.
Philip Fayer, Nuvei's chairman and CEO, said: "It doesn’t just take great technology to succeed. Digital transformation is key to growing in today’s global market. Businesses need a payment partner they can rely on to implement and execute a successful payment strategy.
"Launching Cartes Bancaires acceptance gives our customers another edge needed to thrive locally and globally, all through a single, integrated platform."
Cartes Bancaires operates on a closed-loop interbank network, requiring a local acquiring connection. Outside of France, most cards can be processed internationally as typical Visa and Mastercard transactions through a co-branding arrangement, making cross-border online payments seamless.
