LACPS, which is based in Valence and covers the South of France from Montpellier to Nice, will offer a range of Paynovate solutions to all types of businesses, including bakeries, pharmacies, tobacco shops, restaurants and hotels.

The partnership will make available the latest generation Android and touchscreen POS terminals, up to three times faster than traditional devices.

Paynovate’s full range of digital payment solutions, including IBAN accounts and credit/debit card issuing, will be launched by LACPS over the coming months.

Robert Masse, founder and CEO of Paynovate, said: “This is a significant move for us. Paynovate has built a solid foundation in Belgium and is seen as a trusted provider of a wide range of digital payment solutions. Moving into France is a logical next step for us and we are delighted to be doing so via a partnership with the team at LACPS.”

Maximiliano Martin, CEO at LACPS, added: “We cater to all types of businesses, processing and collecting funds in an intuitive and secure manner. Not only do we provide our customers with the latest generation devices, but we also offer savings of over 20% on transaction fees. We aim to offer innovative Paynovate solutions throughout France, providing merchants with a comprehensive turnkey payment service.”

Paynovate is a fully licensed Belgian e-money institution (EMI) and is licensed by both the National Bank of Belgium and the FCA (AEMI).