U Etablissement de Paiement

In 2013, the U Group had 1,500 outlets, which were generating 360 million card transactions per year, with each outlet negotiating independently with its own local banks. As such, 81 percent of card flows were distributed across four major banks. U Group observed that banking commissions were not being optimized whatsoever. Furthermore, European regulations on Payment institutions (PSD1) had been relaxed since 2011.

Taking all this into account, U Group decided to structure its financial flows and actively manage its relationships with banks. But it needed help to do so.  

U Etablissement de Paiement  (U EP) sought the backing of recognized and solid partners with experience in card payments. And so, U EP established partnerships with Monext, IT cards solution provider; Crédit Mutuel Arkea, leading bank; and SAB, a Sopra Banking Software company, that took charge of banking IT.  

Collectively, the three partners helped U Group to achieve an ambitious digital and payments project that went above and beyond all expectations.  

Click on the PDF link to find out more about U EP’s collaboration with us, including key statistics and facts.

The U Group worked with SAB, a Sopra Banking Software company, to create a new payments institution that's gone above all expectations.

CEO at U Etablissement de Paiement 

“After conducting market analysis, we concluded that SAB fully addresses our requirements. The SaaS model is a key factor in U EP’s success.” –

SAB AT, global core banking

SAB is a Sopra Banking Software Company. Its solution SAB AT is an integrated “core banking” software package solution.

Click here to learn more

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