Paynovate to offer full range of payment services in France

The partnership will make available the latest generation Android and touchscreen POS terminals, up to three times faster than traditional devices. 

Paynovate’s full range of digital payment solutions, including IBAN accounts and credit/debit card issuing, will be launched by LACPS over the coming months. 

LACPS chose Paynovate as its local partner because of its ten-year track record of offering electronic payment solutions throughout Europe. Paynovate is an Electronic Money Institution (EMI) and its licences from the National Bank of Belgium and the FCA allow it to offer payment services throughout the EU and the UK, providing its own reliable and regulated payment infrastructure. 

Paynovate believes that with over a decade of experience in card issuing, acquiring, and payment technology, its solutions guarantee the best services.

Robert Masse, founder and CEO of Paynovate, told the media: “This is a significant move for us. Paynovate has built a solid foundation in Belgium and is seen as a trusted provider of a wide range of digital payment solutions. Moving into France is a logical next step for us and we are delighted to be doing so via a partnership with the team at LACPS.”

Maximiliano Martin, CEO at LACPS, added: “We cater to all types of businesses. We aim to offer innovative Paynovate solutions throughout France, providing merchants with a comprehensive turnkey payment service.”

Paynovate currently processes over 200 million euros per month, with over a million issued cards and around 40,000 active payment terminals.

France welcomes Paynovate

French businesses ranging from bakeries, pharmacies, tobacco shops, restaurants and hotels can now use Paynovate payment terminals, thanks to its new partnership with LACPS (La Centrale de Paiement Sécurisé).

Based in Valence, and covering the South of France from Montpellier to Nice, LACPS is the country’s first transaction broker.

Following the agreement, LACPS is now distributing Paynovate payment solutions throughout its territory. 

LACPS caters to all types of businesses, processing and collecting funds in an intuitive and secure manner.

Businesses will now have the benefit of using the latest generation Android and touchscreen POS terminals, two to three times faster than traditional devices. They can also achieve savings of over 20% on transaction fees.

LACPS chose Paynovate as its local partner because of its ten-year track record of offering electronic payment solutions throughout Europe. 

Paynovate is an Electronic Money Institution (EMI) and its licenses from the National Bank of Belgium and the FCA allow it to offer payment services throughout the EU and the UK, providing its own reliable and regulated payment infrastructure. Paynovate believes that with over a decade of experience in card issuing, acquiring, and payment technology, its solutions guarantee the best services.

Robert Masse, founder and CEO of Paynovate, told the media: “This is a significant move for us. Paynovate has built a solid foundation in Belgium and is seen as a trusted provider of a wide range of digital payment solutions. Moving into France is a logical next step for us and we are delighted to be doing so via a partnership with the team at LACPS.”

Maximiliano Martin, CEO at LACPS, added: “We cater to all types of businesses. We aim to offer innovative Paynovate solutions throughout France, providing merchants with a comprehensive turnkey payment service.”

Paynovate currently processes over 200 million euros per month, with over a million issued cards and around 40,000 active payment terminals.