Wirecard and Crédit Agricole Payment Services announce next stages of strategic partnership

Equipping CAPS with the Wirecard platform and delivering Unified Commerce to tier 1 merchants

Jana Tilz
Corporate media inquiries
Jana Tilz

VP Corporate Communications & Branding

Jun 14, 2019

  • Wirecard and Crédit Agricole Payment Services (CAPS) have agreed on joint commercial business routes for tier 1 merchants
  • Wirecard will equip CAPS with its next-generation digital Financial Commerce Platform
  • CAPS will offer Wirecard’s unique branded e-commerce shop extension service to their customers for a state-of-the-art Unified Commerce experience
  • French merchants can offer consumers the best digital shopping experience

Wirecard, the global innovator leader for digital financial technology, and Crédit Agricole Payment Services (CAPS), a fully-owned subsidiary of Crédit Agricole, are today announcing the next stages of their digital payment agreement. Within the scope of the partnership, the two companies are shaping the future of digital commerce together and cooperating to launch a range of cross-channel acceptance and pan-European acquiring services.

Since the latest update, Crédit Agricole Payment Services is the first European partner to benefit from Wirecard’s new e-commerce shop extension solution. It will be available at the end of the year, after a pilot phase that will start at the end of summer. Thanks to automatic updates, merchants are able to constantly optimize the digital shopping experience for consumers and offering a state-of-the-art Unified Commerce solution.

Following a comprehensive technical integration of their technologies, Wirecard and CAPS have agreed on joint commercial business routes for tier 1 merchants and have already issued concrete business plans to hundreds of large strategic accounts. These customers will benefit from new e-commerce payment acceptance and acquiring services, developed by Wirecard, which the two companies are jointly bringing to market.

Bertrand Chevallier, CEO at Crédit Agricole Payment Services, said, “Our partnership with Wirecard means for us taking big steps in terms of bringing value-added services to customers of Crédit Agricole that improve the user experience. We are focusing on innovations to our merchants in France and the whole of Europe.”

Thorsten Holten, EVP FinTech & Financial Institutions at Wirecard, added, “Since announcing our partnership, we have been working constantly on developing joint state-of-the art digital payment solutions as well as an effective go-to-market strategy, especially for tier 1 customers. Once it is in place, we will work on expanding our offering including our unique white labelling proposition aimed at accelerating the integration of merchants’ online shops with our innovative financial commerce platform.”