Axepta, which brings together cash solutions for retailers within BNP Paribas, integrated Floa's fractional payment offerings into customer service offerings in 2022. Neil Pein, Head of Payments Transformation at the group, gives an update on the innovations under development.
Can you introduce us to Axepta?
As the leading cash management bank in Europe, BNP Paribas supports retailers in the collection of their customers’ cash flows. This is why we created Axepta in Italy, and then extended it to the whole group four years ago. Axepta brings together payment solutions for retail merchants, both for card acquiring and accepting payments online or in stores. We offer unified commerce solutions to create new omnichannel paths. Axepta is now a European platform covering 23 countries in Europe, and 12 currencies. In Belgium, our subsidiary Axepta Benelux, recorded strong growth as we acquired the Ingenico In-Store portfolio in Belgium and Luxembourg in 2021.
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Article authors
Aude Fredouelle
Deputy Editor-in-Chief Mind Fintech