Ecommerce News

New online payment gateways introduced in Germany and Luxembourg

Matt Bullock
17 March 2011
Rentabiliweb, a French group offering traffic-building, payment and advertising services for webmasters, is now able to cater to Germany and Luxembourg. The company recently announced that it has received accreditation to offer internet payment gateway solutions in these countries.

Germany's Federal Financial Supervisory Authority, BaFin, and Luxembourg's Financial Sector Monitoring Commission allowed the company to begin offering online payment services to retailers. Rentabiliweb is the first French organization to be given this permission.

The company will provide an array of services, such as banking transfers, online payment processing as well as data recording and analysis.

"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," said Jean-BaptisteDescroix-Vernier, chairman of the Rentabiliweb Group.

The company was founded in 2002. Although it is still developing, the organization hopes to obtain more accreditation to work in the U.K., Italy, Belgium, Spain and Romania. The chairman said that payment gateway options are growing increasingly necessary among online merchants worldwide.