Banque PSA Finance Launches an e-payment Business in Europe
November 20 2017 - 3:35AM
Business Wire
- An e-payment solution to support
Groupe PSA's sales operations in Europe
- Banque PSA Finance to act as payment
facilitator and leverage the expertise of its partners, HiPay and
BNP Paribas
- A simple, one-stop bill-pay solution
for a portfolio of services: the customer is at the heart of the
Push to Pass strategic plan
Regulatory News:
Groupe PSA (Paris:UG) is ramping up its digital capabilities to
facilitate the customer experience at a time when buying a car or
service is becoming an increasingly multi-channel process, with 90%
of customers starting their journey online. On 19 July, the Group
began selling new cars online in France, and now, it is launching
an e-payment solution for services managed by Banque PSA
Finance.
The wide variety of e-payment options made available by the new
tool will simplify the customer experience and support the
development of all Groupe PSA's sales operations. Among the
applications scheduled to launch on start-up of the new business
will be e-payment facilities for mobility services, insurance
products marketed online and vehicle rental services.
As a regulated credit and payment institution, Banque PSA
Finance will act as payment facilitator in Europe through an
operational partnership led by BNP Paribas in cooperation with
HiPay, providing best in class expertise in transaction acceptance
and payment processing.
Banque PSA Finance's European launch of the new e-payment
business is aligned with Groupe PSA's Push to Pass strategic
plan.
Commenting on the launch, Rémy Bayle, Banque PSA Finance's Chief
Executive Officer, said: "Groupe PSA is stepping up its offensive
in innovative services to benefit its customers. The launch of this
new e-payment business at Banque PSA Finance shows that we have the
agility to deliver on our key objective, which is to serve
customers. We are advancing in line with the Push to Pass strategy
and on track to becoming customers' preferred mobility services
supplier."
About Groupe PSA
The Groupe PSA designs unique automotive experiences and
delivers mobility solutions to meet all client expectations. The
Group has five car brands, Peugeot, Citroën, DS, Opel and Vauxhall,
as well as a wide array of mobility and smart services under its
Free2Move brand, aiming to become a great car maker and the
preferred mobility provider. It is an early innovator in the field
of autonomous and connected cars. It is also involved in financing
activities through Banque PSA Finance and in automotive equipment
via Faurecia. Find out more at groupe-psa.com/en.
Media library: medialibrary.groupe-psa.com / @GroupePSA
About Banque PSA Finance
Closely aligned with the sales commercial policies of the
Peugeot, Citroën, DS and now Opel and Vauxhall brands, Banque PSA
Finance (BPF) provides financing for vehicle sales by the brands'
dealers and markets related services. In the first half of 2017,
through a number of joint ventures, including with the Santander
group, BPF distributed 419,500 new financing contracts and more
than 835,350 insurance and service contracts in 18 countries,
thereby strengthening the competitiveness of all Groupe PSA brands
among dealers and customers.
For BPF, the year 2017 will be devoted to accelerating the
transformation of its business model. Gaining in effectiveness
through its mission to provide mobility services, BPF is continuing
to support Groupe PSA's Push to Pass plan in order to provide
solutions that meet its customers' evolving needs, both now and in
the future. Following the 1 August 2017 acquisition of
the Opel and Vauxhall brands, on 1 November 2017 Groupe
PSA and BNP Paribas announced their joint purchase of Opel and
Vauxhall's captive financing companies, to better serve the two
brands' dealers and customers.
Find out more at http://www.banquepsafinance.com.
Communications Division - www.groupe-psa.com/en
- +33 6 61 93 29 36– - @GroupePSA
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171120005409/en/
Media:Groupe PSAValérie Bensoussan, +33 6 76 86
95 44valerie.bensoussan@mpsa.com
United Guardian (NASDAQ:UG)
Historical Stock Chart
From Apr 2024 to May 2024
United Guardian (NASDAQ:UG)
Historical Stock Chart
From May 2023 to May 2024