Baker McKenzie has advised Crédit Agricole Payment Services (CAPS) in the context of a partnership with Wirecard, the European digital transaction and payment platform.

Thanks to this partnership, Crédit Agricole Payment Services, a specialist subsidiary of Crédit Agricole, will be able to expand its service offering internationally and rely on a wide range of means of payment accepted by the Wirecard platform in order to develop new payment solutions – in particular in terms of e-commerce – which will be available in 2019.

At the same time, this partnership offers Wirecard the possibility of significant development on the French market.

Baker McKenzie advised Crédit Agricole Payment Services with a team made up of Laurent Szuskin and Marie-Catherine Ducharme on aspects in connection with law governing new technologies. Léna Sersiron, Romain Travade and Oriane Prod'homme also worked on competition law aspects. Wirecard was assisted by Benjamin May, Aurélien Condomine and David Roche, from the firm Aramis.