Published by Global Banking & Finance Review®
Posted on February 13, 2025
1 min readLast updated: January 26, 2026
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BNP Paribas and BPCE launch Estreem to become a leading European payment processor, handling 17 billion transactions annually.
PARIS (Reuters) - BNP ParibasPA> and BPCE said on Thursday they have finalized an agreement to create Estreem, a new French leader in payment processing, with the ambition to become one of the top three European players in the sector.
The new company, which will be jointly owned by the two banks, will process all card payments for BNP Paribas and Groupe BPCE in Europe, amounting to 17 billion transactions per year, positioning Estreem as the French leader in processing with 30% of card payments volume in France, the statement said.
(Reporting by Dominique Vidalon; Editing by Tomasz Janowski)
The article discusses BNP Paribas and BPCE's partnership to create Estreem, a new leader in European payment processing.
Estreem is a new payment processing company formed by BNP Paribas and BPCE to handle card payments in Europe.
Estreem will process 17 billion transactions per year.
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