Paylib is working on the creation of the future European wallet – Point Banque

Crédit Mutuel CIC and Bred offer Paylib between friends, now accessible by 95% of bank customers. But app users use it first for contactless payment in stores, with 6.5 monthly transactions compared to 1.5 for payment between friends. Ultimately, the application will be an integral part of the European wallet planned as part of the EPI project. Paylib can now claim to be the most widely distributed “peer to peer” payment app. 15 million people in France are registered with Paylib among friends, and this figure should increase further with the arrival of Crédit Mutuel CIC and Bred in the group of banks – all the major networks – offering this functionality. Paylib between friends, “it is now 95% of the 52 million adults who French who can benefit from it”, indicates a press release from the fintech. Knowing, of course, that one in two French people have a smartphone. This large number of subscribers is undoubtedly due to the fact that the banks put Paylib forward on their own apps. “Most people use Paylib directly via their banking app without necessarily downloading the Paylib app” underlines Vincent Duval, CEO of Paylib, interviewed by Point … –