Visa Europe and Orange have announced a strategic partnership: stakes and opportunities.



Here, we talk about shared ambition to accelerate awareness and everyday usage of mobile contactless payment in France.
In this momentum, this partnership aims to raise awareness of the benefits of NFC (Near Field Communication,).
Based on the fact that, the number of contactless payment terminals used by French merchants has increased by more than 50% over the past six months to reach 200,000
active terminals in France today, which has been complimented by the mass deployment of NFC mobile phones in France, Connectikpeople observes that, Orange is offering its customers equipped with NFC compatible mobiles the opportunity to pay retailers simply and securely with Orange Cash.
 For those who unfamiliar, this mobile prepayment solution uses contactless Visa technology pre-loaded on all Orange NFC SIM cards. The service is based on a solution designed and managed in collaboration with the Wirecard Group and Wirecard Card Solutions, Member of Visa Europe.
Henceforth the Orange customers will be able to download the Orange Cash app from the apps store and top up their prepaid Orange Cash account with the amount they choose in just a few clicks using their bank card.
This means, to pay, they will just need to place their mobile on an NFC payment terminal at a retailer’s premises. For all payments of over €20, users will be asked for a secret code they will have chosen, which is different from their bank card PIN code.
Orange Cash will be made available to Orange customers in Strasbourg and Caen in early 2014, ahead of a nationwide roll-out in the second quarter of the year.

About Visa Europe

Visa   Europe is a payments technology business owned and operated by member   banks and other payment service providers from 37 countries across   Europe. 
Visa Europe works at the forefront of technology to create   the services and infrastructure which enable millions of European   consumers, businesses and governments to make electronic payments. Its   members are responsible for issuing cards, signing up retailers and   deciding cardholder and retailer fees.
Visa Europe operates a high   volume, low cost business model that provides services to its members.    Its surplus is reinvested into the business and used to improve capital   and reserves.  In the last six years, Visa Europe has invested over €1    billion in new technology and infrastructure.
There are 470m Visa    cards in Europe while €1 in every €6.75 spent in Europe is on a Visa    card. Almost 80% of Visa Europe's business is on debit cards and, in the    year to December 2012, over €1 trillion (€1.05tr) was spent on Visa    debit cards. Annual online spending on Visa cards in Europe topped €200    billion (€212bn) for the first time in this period and now accounts for   more than 20% of Visa Europe’s processed business.
Since 2004,   Visa Europe has been independent of Visa Inc. and incorporated in the   UK, with an exclusive, irrevocable and perpetual license in Europe.    Both companies work in partnership to enable global Visa payments. As a    dedicated European payment system Visa Europe is able to respond   quickly to the specific market needs of European banks and their   customers - cardholders and retailers - and to meet the European   Commission’s objective to create a true internal market for payments.
www.visaeurope.com


About Orange

Orange    is one of the world’s leading telecommunications operators with sales    of 43.5 billion euros in 2012 and has 166,000 employees worldwide at 30   September 2013, including 102,000 employees in France. Present in  32   countries, the Group has a total customer base of more than 232  million   customers at 30 September 2013, including 175 million mobile  customers   and 15 million fixed broadband customers worldwide. Orange is also a   leading provider of global IT and telecommunication services to   multinational companies, under the brand Orange Business Services.
Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).



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