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Carrefour Launches Online Banking Service

March 21, 2017: 12:00 AM EST
France-based retailer Carrefour launched its C-zam online banking service. Part of company CEO Georges Plassat's plan to expand Carrefour's online business, the move sees the retailer moving into an already crowded market. Telecoms company Orange and partner Groupama also plan to launch Orange online banking in May 2017. C-zam lets anyone older than 18 years old and who can present two identification cards to open and activate a current account online in 10 minutes.
Dominique Vidalon, "French Retailer Carrefour Launches New Online Banking Service", Reuters, March 21, 2017, © Reuters
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