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News

02.05.2017

BNP Paribas Fortis takes over PaySquare's business in Belgium

Our bank now offers PaySquare customers in Belgium a comprehensive palette of services for the collection of card payments, with payments being executedon D+1.

Nothing changes

Does your business use PaySquare Belgium's services to process transactions on its payment terminals or e-commerce platforms? In practical terms, nothing will change for you:

  • you can keep using your terminals and e-commerce platforms;
  • you will continue paying the same rates;
  • you do not have to sign any documents or a new contract.

The money comes in even faster!

You are and will remain in good hands: thanks to our partnership with SIX Payment Services, a major player in the card transactions business in Europe, we can offer you a fully comprehensive service:

  • payment of the receipts into your business account on the following business day (even for an e-commerce transaction);
  • complete and detailed reporting of all transactions available by e-mail and via an internet portal (myPayments);
  • 24/7 support (commercial, administrative and technical) in French, Dutch and English.

In practical terms, what do you have to do?

You do not need to take any special steps. To start, your business will soon receive or may have already received a letter to which various documents are attached, including the new general terms and conditions. In the absence of a response from you within 60 days from the date on which this letter is sent, we will consider that you accept these general terms and conditions.

Our employees will then contact you to prepare in the best possible way the switchover from the PaySquare systems to the SIX Payment Services platform.

A deal under the lead of the European Commission

The acquisition by BNP Paribas Fortis of PaySquare's business in Belgium originates from the merger between Worldline and Equens, and results from the application of the European Union's merger regulation.

The European Commission's approval of this merger was conditional upon the divestment of PaySquare's Belgian activities (part of the Equens Group).  

Would you like to know more about the background and practical arrangements or legal aspects?

News

01.08.2019

BNP Paribas Group, second quarter 2019 results

The business of BNP Paribas was up this quarter in a context where economic growth remained positive in Europe but slowed down, implying expectations of a continued low interest rate environment.

Director and Chief Executive Officer of BNP Paribas, Jean-Laurent Bonnafé:
BNP Paribas delivered in the first half an increase in net income at 4.4 billion euros. Revenues were up thanks to business growth in the operating divisions. Operating expenses were well contained and benefitted from the transformation plan, generating a positive jaws effect. The common equity Tier 1 ratio rose to 11.9%, illustrating the Group’s solid balance sheet. New digital experiences rolled out for customers are a success and the Group is actively executing its ambitious policy of engagement in society. I would like to thank all the employees of the Group for their dedicated efforts to achieve these good results.



One pager with the results
The press release

News

03.05.2019

BNP Paribas Group, first quarter 2019 results

The business of BNP Paribas was up this quarter for the three operating divisions with in particular a gradual upturn in the business of CIB. Economic growth slowed down in Europe but remained positive. After the crisis in the markets at the end of 2018, the market context remained lackluster at the beginning of the quarter, but improved towards the end of the period.

Director and Chief Executive Officer of BNP Paribas, Jean-Laurent Bonnafé:
“BNP Paribas delivered a good level of result this quarter, at 1.9 billion euros. Revenues were up thanks to business growth in the operating divisions with in particular an upturn in client business at CIB. Operating expenses were well contained and benefitted from cost saving measures, generating a positive jaws effect.”

BNP Q1 2019 results 1

BNP Q1 2019 results 2

One pager with the results
The press release

News

16.04.2019

Do companies really want a more sustainable world?

Yes, the success of our Sustainable Business Ateliers is good proof of that. Most companies are aware of their social responsibility, but some are in need of information. To help them on their way, BNP Paribas Fortis organises regular regional Sustainable Business Workshops. Last year, our bank organised two pilot sessions in Liège and Limburg and more recently it was the turn of Namur, Gits (in West Flanders) and Ghent. Other Belgian cities will be announced soon.

Programme

During the Sustainable Business Workshops the invited clients are inspired by the experts from our Sustainable Business Competence Centre, and by other clients who speak about the actions they have already taken with their business.

After the presentations, participants are divided into groups and share experiences led by a moderator.

How do clients rate them?

Feedback from the participants revealed that the focus on cooperation and networking opportunities are the greatest advantages of the Workshops. Those attending always include representatives of small, medium-sized and large businesses from a variety of sectors - a diversity which participants find highly enriching. After all, no single company can overcome all of the present challenges on its own. Companies will not only have to cooperate with one another, but also with the government, universities, startups, etc. to make progress.

According to the participants, BNP Paribas Fortis is also the only financial service provider that goes great lengths to support companies in the area of sustainable business, by analysing at which stage of the sustainable business path the companies are and by guiding them to use sustainability as an opportunity for their activities.

Do you want to participate in one of our Sustainable Business Workshops? Please contact your Relationship Manager for the practical details.

Not a client yet? And do you want to know more about the guidance we offer and the benefits of sustainability for your company? Discover what our Sustainable Business Competence Centre can do for you.

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