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Yves Randoux
CEO Groupement des Cartes Bancaires CB |
Experiencing rapid growth over the past decade, the CB bankcard payment
system has constantly kept up with retailers' needs and the necessary
and ongoing requirement for greater security. To accompany these changes
in a consultative and effective manner that is in the best interest
of all stakeholders, Cartes Bancaires has put to the electronic payment
profession a new working framework that will be formalised by a protocol
agreement. This agreement will institute a real partnership and close
consultation between stakeholders, notably in the area of research
and development of new products. A new era is thus beginning for manufacturers,
banks and consumers.
The feature section of this issue of CB MAG gives an insight
into the many facets of the French smart bank card industry, as well
as the challenges resulting from this protocol agreement. |
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