Score & Secure Payment (SSP), a major player in French Fintech, operating across the entire payment value chain, today unveiled its partnership with Oney, an international bank with expertise in payment, financing and insurance solutions and the French leader in split payments. This alliance is part of the Fintech’s strategy, which has been pursuing a policy of active collaboration with innovative players for several months now to enhance its DPA payment platform by integrating a payment solution in several installments.
In a context of health crisis where improving the consumer’s purchasing journey is at the heart of companies’ concerns, split payment solutions are proving to be real levers for recovery and growth for companies. According to a study carried out by Oney, 19% of Europeans pay in several installments at least once a month.In addition, the split payment method becomes the trigger for purchases for 72% of them. This partnership therefore meets a real demand of which the PSA group is the primary beneficiary. From 2021, customers of Peugeot, Citroën and Opel workshops will be able to benefit from a split payment solution by bank account and bank card in the coming months in France and several European countries.
A complete and integrated offer to improve the customer offer Until now, Score & Secure Payment offered its customers a global collection solution called DPA, Dynamic Payments Acceptance, allowing them to offer cash, split or deferred payments by direct debit and transfer (via SAFEDEBIT, the pioneering solution for account-to-account payment) or by cash bank card. To complete its offer and meet new consumer habits, Oney’s solution enhances SSP’s DPA offer, in order to offer split payment in 3 or 4 times by bank card including a payment guarantee for the merchant. Creator of the first split payment solution in France 11 years ago, Oney offers a solution that allows payment by bank card in 3 or 4 times, as simply as a cash payment by bank card. With experience with more than 500 (e)retailers in all consumer sectors, the solution offered by Oney guarantees customers a fast, secure payment and provides a solution to manage their budget in an agile manner. For retailers, Oney guarantees payment and an acceptance rate close to that of a cash payment, ensuring optimal sales conversion.
By integrating this new service into its purchasing journey, the two partners are meeting consumer expectations in a period of tension on household budgets and offering retailers a complete payment offer. This payment solution is considered by customers as an essential service in the same way as after-sales service or delivery. This partnership was created following a call for tenders issued by PSA, which wanted to have a complete offer including split payment by bank card. This is how SSP was able to further differentiate its value proposition with a range of “full service” options for the customer.
“Our DPA solution is now enhanced with the addition of the know-how and innovative services of the Oney offer.” says Jérôme Duclos, Sales and Marketing Director at SSP “Our conviction today is to be able to offer our customers all means of split payments, whether by direct debit, initiated transfer, wallet or bank card. This partnership also allows us to respond to multiple use cases in the B to C world. The watchwords are dematerialization, simplicity and of course security.” he adds.
Split payment, the “must have” of the purchasing journey in 2021 SSP & Oney are convinced that split payment is the “must have” of the purchasing journey. The two partners have in common DNA, the dematerialization of purchases and commerce with the desire to disrupt and simplify uses according to an OpinionWay/Oney study from November 2020, 62% of French people expect more digital services and 48% want to use more payment and financing solutions to make their purchases or carry out their projects in 2021.
“I am proud to initiate this partnership with a fintech like SSP. It illustrates our ambition to universally offer our split payment solution for all consumer universes, for all sales channels, and thus support the development of merchants and e-merchants in France and Europe. “declares Corinne Hochart, Managing Director of Oney France.