Rentabiliweb: France's 1st Payment Institution to Benefit From the European Passport in Germany and Luxembourg

Mar 15, 2011, 03:45 ET from Rentabiliweb

BRUSSELS, March 15, 2011 /PRNewswire-FirstCall/ --

- Rentabiliweb Europe has Just Been Officially Accredited to Offer Payment Services to German and Luxembourgian Online Retailers

Rentabiliweb Europeannounces that it has received accreditation from Germany's BaFin ( BundesanstaltfuerFinanzdienstleistungsaufsicht) and Luxemburg's Financial Sector Monitoring Commission (Commission de Surveillance du Secteur Financier) to provide payment services directly to German and Luxembourgian online retailers.

TheRentabiliweb Group, the first French Group to benefit from the European passport procedure, is namely authorized to provide solutions to execute bank transfers, the issuing of pay instruments and the acquisition of payment orders via bankcard. This accreditation also enables the Rentabiliweb Group to provide custody services as well as data recording and processing services.

"Obtaining this banking accreditation in Germany and Luxembourghas been planned for several months, is perfectly consistent with our roadmap, and is a fundamental step in the international development of our payment solutions," states Jean-BaptisteDescroix-Vernier, Chairman of the Rentabiliweb Group. "The Group intends to help its European customers grow by offering them a comprehensive, high-performance range of innovative, ultra-secure solutions in France, in Europe and around the globe."

In addition to Germany, one of the most dynamic countries in terms of online commerce, and Luxembourg, the Group hopes to soon obtain the necessary accreditation to provide these payment services in the United Kingdom, Italy, Belgium, Spain and Romania.

Rentabiliweb is continuing its recruitment drive for its e-banking division in order to strengthen its existing technical staff. To find out about job and career opportunities at Rentabiliweb related to the launch of this e-banking solution, please visit the following link:

http://www.rentabiliweb.org/actualites/monetique-directeur-monetique-hf-

ile-de-france-2415.html

(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

Read this press release at:http://www.rentabiliweb.org/actualites/?p=2555

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 B of the Euronext Brussels and Paris stock markets, the Group today has 17 subsidiaries in Europe, Canada and Asia, employing 200 staff members around the world. In 2010, Rentabiliweb's sales topped EUR 90 million. The Group's Financial Results for 2010 will be published on 31 March 2011.

Awarded the "Innovative Company" label by OSEO, the French Innovation Agency,the Group is eligible for Innovation Mutual Funds (FCPIs), and has received PCI-DSS certification for its bankcard payment platform.

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

SOURCE Rentabiliweb