Banks Take On Operators InrnM-Commerce With Paylib

摘要

Three French banks have unveiled a new electronic wallet servicernallowing their customers to make one-click online payments fromrna broad array of connected devices. Developed by BNP Paribas,rnSociété Générale and Banque Postale, Paylib is supported byrneight leading French e-commerce sites, potentially exposing the application and the banks to tens of millions of online shoppers. BMIrnwelcomes the direct participation of banks in the e-commerce valuernchain as it not only entitles them to a greater share of sales commissionsrnbut enables them to cross-sell a wider variety of financialrnservices directly to consumers.