Digital Payments News

BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France

BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France
The global payment orchestration platform partnership with Dalenys, a leading French Paytech and part of France’s second largest bank, Groupe BPCE, fortifies its local acquiring capabilities in Europe.

BlueSnap, the global payment orchestration platform that helps businesses accept payments globally, has partnered with Dalenys, the Merchant Acquirer specialized in payments performance and part of Groupe BPCE, to bolster its global network of acquiring banks, which allows merchants to benefit from local card processing in France.

Latest Fintech News: DIFX Partners with Crypto Oasis to Further Establish Its Foothold in the Competitive Global Crypto Market

Businesses are likely to see increased sales and revenue as local acquiring helps them to achieve higher authorization rates and reduce cross-border fees.

While BlueSnap has offered local card acquiring in France for many years, the partnership with Dalenys further strengthens BlueSnap’s local card acquiring capabilities in Europe. This enables businesses with a customer base in France to process digital payments as a local transaction.

Dalenys offers a unique payment solution, maximizing conversion rates and fighting fraud. For 10 years, Dalenys has been recognized for its performance. They support large businesses and regulated institutions throughout Europe with their team expertise, in-house engineered technology and unique payment data.

As part of Groupe BPCE, the 2nd largest bank in France, Dalenys will enable BlueSnap to continue its ambitious growth strategy in Europe by building more redundancy, failover and payment optimization capabilities in the region.

BlueSnap can save global sellers—and shoppers—up to 2% in cross-border fees and lead to increased sales by improving payment authorization rates and reducing seller costs.

Latest Fintech News: KKR Completes Majority Investment in Apexanalytix Alongside Carousel Capital

Available in over 200 regions worldwide, BlueSnap’s Intelligent Payment Routing technology, part of its global payment services, automatically recognizes a card’s issuing country and directs it to one of its 47 local card acquiring banks worldwide to optimize sales and reduce costs.

This means the payment is treated in the same way as a local transaction, avoiding global interchange fees, where possible, in line with card brand rules.

Ralph Dangelmaier, CEO at BlueSnap, said: “With our partnership with Dalenys, BlueSnap continues to strengthen our position as a leader in local acquiring and cross-border payment services globally. Dalenys’ extensive reach and customer base will enable us to help more businesses than ever looking to expand into international markets, as the volume of customers purchasing goods and services online continues to accelerate.

“We know that ‘going global’ can be a daunting step for many firms and that cross-border payments are incredibly complex. That’s why BlueSnap is focused on helping businesses optimize their global payments to increase sales and reduce costs.”

Latest Fintech News: Instacart and Chase Launch New Instacart Mastercard Credit Card Unlocking New Rewards and Unlimited Earnings from Hundreds of Retailers

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

AdvicePay Launches Executive Search for a New CEO to Lead the Platform in its Next Phase of Growth

Fintech News Desk

Canopy Releases Feature Updates for Its Practice Management and Tax Resolution Software

Fintech News Desk

Veracode Research Shows Financial Sector Leads In Fixing Application Flaws, Lags In Time To Remediate

Fintech News Desk
1