OSMP Regulation: What Are the Impacts on Your Payment Strategy in France? Presented by Payplug
|Since November 2024, the online payment landscape in France has been rapidly evolving under the OSMP recommendations, a program led by the Observatory for the Security of Payment Means (OSMP) and overseen by the Banque de France. While the first regulatory deadlines are already in effect, businesses must now adapt to more stringent regulations that strengthen security standards for remote payments. This evolution means adhering to "best practices" in payment processes, technological choices, and relationships with service providers.
In this new context, transactional data becomes strategic. Its quality determines access to exemptions and, more broadly, the fluidity of the payment journey. The OSMP thus introduces a new dynamic: merchants must not only secure their flows but also make them readable and usable by issuers.
Working with an actor deeply rooted in the French ecosystem, who understands issuers' expectations, domestic network behaviors, and CB market dynamics, becomes a differentiating factor. In this webinar, Jonathan Lesieur, Strategy Director of Payplug (PSP) and Paul Hajjar Director Strategic Accounts & Partnerships at BPCE Payments (issuer) will explain you how to deal with new rules. Together they would guide you through what needs to be adjusted and monitored tightly to maintain eCommerce conversion.
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