Paris, September 20th, 2021 – Oney Bank, France’s leading split payment solution, is developing new perspectives and synergies with the two major banking networks of Groupe BPCE. Today, the launch of a new innovative service for split payments in 3 or 4 instalments enables the Banques Populaires and the Caisses d’Epargne to respond to the growing expectations of their professional and business customers and to support them in their development.
By relying on Oney, the leader in split payments for 14 years, and its expertise, this new offer, also developed in collaboration with BPCE Financement, is a real lever for growth and for boosting the activity of retailers in this period of recovery from the health crisis linked to COVID.
It also responds to a strong demand from French consumers: 19% pay for their purchases in several instalments at least once a month*. 32% of French people would like to use even more split payment solutions to make their purchases in 2021 and half would even like to pay “much more” in several instalments**.
Oney extends its support to local retailers
The split payment solution offers many advantages for professional and business customers:
- A « ready-to-use » solution, simple and quick to install and use (acceptance of customer files in real time)
- A totally digital management of the merchant thanks to a personalised reporting available online
- Immediate response for payment acceptance
- 100% financing of the purchase amount, paid within 48 hours to the merchant
- A “free or paid” option for merchants to choose
- A large range of possible purchase amounts from €100 to €3,000
- All payment cards accepted: Visa and MasterCard in 3X or 4X with or without fees depending on the merchant’s choice
- Complete security of the solution: secure bank card payment and protection against the risk of fraud and non-payment
- Competitive pricing without subscription.
For final customers, it is a bank card payment solution that is as simple and fast as a cash payment, with a new dimension of proximity to merchants, artisans, professionals and companies. More than 5 million French people already use Oney’s split payment system every year, a way to make purchases while controlling their daily budget.
To find out more and watch a video on the quick and easy way to use this new Oney offer:
About Banque Populaire
The Banque Populaire network is made up of 12 regional Banques Populaires, Crédit Coopératif and CASDEN Banque Populaire. These autonomous banks carry out all commercial banking and insurance activities in a close relationship with their customers. With 9.5 million customers (including 4.7 million members), Banque Populaire is part of the 2nd largest banking group in France.
About Caisse d’Epargne
The 15 Caisses d’Epargne are cooperative banks serving their regions. With 18.2 million customers (including 4.5 million cooperative shareholders), they serve all types of customers: individuals, professionals, companies, players in the social economy, institutions and local authorities. They provide the best possible level of service in all areas: savings collection and management, loan payments, payment instruments, asset management, real estate projects and insurance. The Caisses d’Epargne are part of Groupe BPCE, the 2nd largest banking group in France.
About Oney Bank
Oney is a different, unique bank, born of commerce. Oney relies on its original positioning and expertise developed over more than 35 years to develop innovative payment solutions and financial services. Its raison d’être: “As a partner of commerce, Oney gives everyone the power to improve their daily lives and consume better”. The creator of split payments 14 years ago, Oney is now the leader in 4 European countries with a fully digital and omnichannel offer that is unique on the market. Alongside its 600 merchant and e-merchant partners in nearly 10,000 physical or virtual points of sale, Oney helps more than 7.8 million customers in Europe to make their plans a reality by offering them memorable shopping experiences in shop and online. Oney is a subsidiary of BPCE and Auchan Holding.
*Source: Opinion Way / Oney survey – May 2019.
** Source: Harris Interactive / Oney study – April 2021