Connectors / Payment providers / Société Générale

Société Générale

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Société Générale is a prominent French bank that provides a wide range of banking and financial services globally. Their Transaction Banking division specializes in offering tailored payment and cash management solutions to businesses and financial institutions, aiming to optimize cash flows and streamline payment processes through innovative and customized services.

Market coverage N/A
  • France
Description

Société Générale is one of the largest French banks and ranks among the major global financial institutions. Founded in 1864, it offers a comprehensive range of banking and financial services to its clients, including retail banking, investment banking, and asset management.

The Transaction Banking division of Société Générale provides payment and cash management solutions to businesses and financial institutions. These solutions aim to facilitate daily cash operations, domestic and international payments, collections, liquidity management, and other services related to financial transactions.

Société Générale offers payment and collection solutions tailored to the specific needs of businesses, enabling them to optimize their cash flows and streamline their payment processes. Among the services offered are real-time payment systems, international payment management services, online treasury management solutions, automated collection services, and electronic payment solutions.

With its international network and expertise in financial transactions, Société Générale strives to support companies in their payment and cash management needs by providing innovative and customized solutions.

Société Générale's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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