Article

Mentioned Companies:

BNP Paribas, Groupe BPCE Card Processing Joint Venture

Estreem is the name of a joint venture that will combine the merchant and card issuing processing businesses of BNP Paribas and Groupe BPCE in France. The joint venture will process more than 17 billion Visa, Mastercard and domestic-only Cartes Bancaires (CB) transactions annually. It will provide issuing, acquiring, dispute management and clearing and settlement support services on a new technology platform, which is expected to be completed by the end of 2026. Once completed, Estreem will begin handling BNP Paribas and Groupe BPCE card operations in France and then move on to their bus...

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March 2025

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