Paylib

#e-Wallet

Paylib is a French online payment method that was launched in 2013 by a consortium of major French banks, including Banque Postale, BNP Paribas, Société Générale, and Crédit Agricole. […]

Certified payment providers 3
Market coverage 1
  • France
Currencies 1
  • Euro
Description

Paylib is a French online payment method that was launched in 2013 by a consortium of major French banks, including Banque Postale, BNP Paribas, Société Générale, and Crédit Agricole. The service allows users to make secure and simple online, in-store, and peer-to-peer payments.

One of the main features of Paylib is that users do not need to provide their banking information when making a payment. Instead, they simply log in to their Paylib account using an identifier and password or access code, and the payment is made in just a few clicks.

Paylib can be used to make online payments on websites that accept this payment method. It can also be used to make in-store payments, provided the merchant accepts Paylib as a mode of payment. Finally, it is possible to transfer money to other Paylib users using their mobile phone number.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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