Paris Retail Week, to be held from September 19 to 21 will provide an opportunity to discover new offerings from the ecosystem of payment solution providers. Among them: DeluPay, which offers a payment method – via QR code, NFC (tag), or unique code – that requires less commission for (e)-commerce professionals.
French fintech company DeluPay will be present at the next edition of Paris Retail Week. The company will be presenting its “Made in France” app, which lets you pay for purchases – online and in-store – without having to use your bank card. Using a smartphone and without any intermediary, the system is directly linked to the user’s bank account in an ultra-secure way. “The transaction takes less than a second”, says the company. The transaction is carried out via a QR code, NFC tag, or unique code.
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As simple as a code, a scan, or a payment!
Retailers equipped with the DeluPay solution enter the purchase amount on their smartphone or cash register, which automatically generates a code. All the consumer has to do is scan the code and confirm the transaction. At a time when the total amount of fraud on cards issued in France has reached 464 million in 2022 (Source: Banque de France), DeluPay offers merchants, e-merchants, and consumers alike, a secure payment solution.
By guaranteeing them the lowest tariff on the market and with no commitment, DeluPay offers merchants collection fees divided by 2, no commission for transactions of less than 2 euros, no Eftpos terminals, and no fixed fees.
“The bankcard model is running out of steam and has too many flaws to keep up with the major changes taking place in society. We wanted to rethink a model that would be fairer for merchants and more reassuring for the French”, Joël-Alexis Bialkiewicz, President and Founder of DeluPay.
A trusted third party backed by a banking player
DeluPay’s aim is to position itself as a trusted third party, enabling e-tailers not to worry about the solvency of their customers, since DeluPay guarantees payment even if the customer’s account is not funded. And for customers, there is no risk associated with the use of their banking data. No payment or account data is exchanged with the merchant.
DeluPay, a spin-off from Delubac Bank, benefits from the support of this banking player approved by the Autorité de contrôle prudentiel et de résolution (ACPR), which is part of the Banque de France. DeluPay is already being deployed in 6,500 points of sale and e-commerce sites throughout France.
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First published in Ecommercemag. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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