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Rentabiliweb : Payment Accreditation Finalized and Confirmed


News provided by

Rentabiliweb

Jan 11, 2011, 02:45 ET

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BRUSSELS, January 11, 2011 /PRNewswire-FirstCall/ --

- The Group now has its own Interbank Code and Will Request Extension to Other European Countries

- Rentabiliweb is Also Launching a Drive to Extend This Accreditation in Order to Join the SWIFT Network and Handle Debit and Bank Transfer Operations Without Intermediaries

In compliance with the 11 October 2010 decision of the Banque de France's Autorite de Controle Prudentiel (ACP), the French equivalent of the UK Financial Services Authority, Rentabiliweb's accreditation as a bankcard payment institution in order to provide payment services is now definitive and confirmed. Rentabiliweb has had its own dedicated interbank code since the beginning of the year.

This accreditation now enables Rentabiliweb to market its innovative, optimized bankcard payment solution on Internet and mobile phones to all French online retailers. The Group is now authorized by law to provide payment services as per Article L314-1 II of the French Monetary and Financial Code, namely categories 3 and 5, i.e. execution of bank transfers, including standing orders, issuing of payment methods and acquisition of payment orders via bankcard. It also enables Rentabiliweb to offer custody services, as well as data recording and processing services.

After signing contracts with several major French banks specialized in financial transactions and strengthening its PCI-DSS platform to greatly increase its current transaction capacity, Rentabiliweb intends to assist the international growth of its future online retail clients by applying for several European passports under the Free Provision of Services (FPS) regime. Its top-priority countries, given their potential in terms of online sales, are the United Kingdom, Italy, Belgium, Spain and Luxembourg.

The Group also plans to extend its payment services to regular or one-time bank debits, in order to offer French online retailers a full range of highly-secure payment services, providing online consumers with a smoother, simpler, more effective shopping experience.

"Rentabiliweb will launch its full solution in a few months" states Jean-Baptiste Descroix-Vernier, Chairman of Rentabiliweb Group. "By becoming the first "Internet native" to obtain accreditation as a bankcard pay institution, the Group is in an excellent position to optimize and modernize European online payment processes."

Finally, the Group is also launching a drive to recruit e-payment professionals to strengthen its current technical teams and provide customer relations services.

To find out more on the career opportunities related to the launch of this e-payment solution, visit http://www.rentabiliweb.org/actualites/monetique-directeur-monetique-hf-ile-de -france-2415.html

Find this press release at: http://www.rentabiliweb.org/actualites/?p=2412

About Rentabiliweb

Founded in 2002, The Rentabiliweb Group offers Internet professionals and webmasters the largest platform of website traffic monetization services, namely payment and micropayment solutions. It also runs affiliate programs, offers online advertising space brokerage and interactive voice services for offline media and provides renowned expertise in loyalty programs and Direct Marketing.

Rentabiliweb is also one of the premier French-language publishers, with a package of services spanning the full range of mass-market entertainment, from community services, family games and services for the general public to recommendations for Internet users, personal ads, dating services and more.

Listed on Compartment C of the Euronext Brussels and Paris stock markets, the Group today has 13 subsidiaries in Europe, Canada and Asia, employing 150 staff members around the world. In 2009, Rentabiliweb's sales topped EUR 65 million, with net profits of EUR 7.5 million.

Rentabiliweb is also a socially responsible company in its sectors of activity, strictly applying the ten principles laid out by the UN Global Compact.

For more information, visit: http://www.rentabiliweb.org

SOURCE Rentabiliweb

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