are we ?
Since time immemorial, the economy has required the settlement of
commercial and private transactions with the use of means of payment.
Rare are the people these days who don’t pay for purchases using
bank cards, don’t write
cheques, don’t receive
credit transfers of their
salaries or social benefits, don’t pay bills by
debit, don’t sign
Interbank Payment Orders (TIP)...
These cashless payment instruments often take the place of cash, and
represent large volumes of transactions each day.
Initially exchanged physically between
banks in paper format, then
by magnetic tapes, banks have optimised the exchange
of means of payment through the
use of IT technologies and telecommunications.
Each year, bank customers in France carry out close to 15 billion
cashless payment transactions (including
Almost 80% of these transactions involve exchanges between banks
(via interbanking field), while the rest are
internal exchanges (situations
in which the originating and receiving customers use the same bank).
100% of interbank exchanges are now automated and transit via the
SIT, the Interbank Teleclearing System, managed by the GSIT (French
Interbank Teleclearing Consortium), on behalf of the banking