PRN: Rentabiliweb - Be2bill: the Only Solution that Offers Straightforward Reconciliation of Transactions and Financial Flows
Rentabiliweb - Be2bill: the Only Solution that Offers Straightforward Reconciliation of Transactions and Financial Flows
BRUSSELS, July 12, 2012 /PRNewswire/ --
Be2bill's unique position, as both a Payment Service Provider (PSP) and Merchant Account Provider, means e-retailers can streamline their account management and reconciliation
Rentabiliweb was approved by the French Prudential Control Authority on 11 October 2010 and is now the only market player that operates as both a Merchant Account Provider and a Payment Service Provider (PSP). This unique position in France allows Rentabiliweb to reconcile transactions generated on e-commerce sites with the flows of funds that are actually credited to e-retailers' accounts.
Given the complexity and multiplicity of payment techniques and scenarios, it is not always easy for accounting and finance departments to match a transaction to an amount credited to the e-retailer's account.
At present, Be2bill is the only market player that can reconcile payment and order data with the financial flows generated by completed transactions. Be2bill's services include the reconstitution of transactions in chronological order, a reporting package in table format and monitoring of anomalies, refunds or specific payment techniques (such as one-click purchase and payment in three interest-free instalments).
E-retailers who use the Be2bill solution thus benefit from unique clarity and ease of management in their accounting, in particular through the "order ID" monitoring tool, which tracks payments as from the moment of purchase.
About be2bill - http://www.be2bill.com
Be2bill is the first payment solution to be exclusively dedicated to e-commerce. Launched in January 2012 by Rentabiliweb, web audience monetization specialist for more than 10 years, Be2bill provides e-retailers with a "3 in 1" solution for managing their online payments, which includes the services of a bank, of aÂ PSP (Payment Service Provider) and the Group's web expertise in the area of Internet-based marketing and loyalty-building. This new approach to the e-commerce value chain will allow e-retailers to maximise their turnover while reducing their risk levels and minimising the expenses related to online collection.
Be2bill has received its final approval from the [French] Prudential Control Authority, provided by the Banque de France in January 2011. It is also the only web specialist to be an affiliate member of the GIE Cartes Bancaires (Bank Cards EIG).
About Rentabiliweb: http://www.rentabiliweb-group.com/en/
Founded in 2002, the Rentabiliweb Group offers businesses and webmasters a leading platform of website traffic monetisation services (e.g. payment and micropayment solutions). It has been definitively approved as a Payment Body by the Banque de France and as a member of the French Bank Card Group (Groupement Carte Bancaire) for the provision of online payment solutions, with the Be2Bill solution. It also runs affiliate programs, offers online advertising space brokerage and interactive voice services for offline media, and provides acclaimed expertise in loyalty programs and direct marketing.
Rentabiliweb is also one of the premier French-language content publishers, with a package of services spanning the full range of mass-market entertainment including astrology, community services, casual gaming, services for the general public, advice for Internet users, personal ads and dating, women's wellbeing, humour, entertainment and more.
Listed on Compartment C of the Euronext Brussels and Paris stock markets, the Group currently has 21 subsidiaries in Europe and Asia, with a workforce of over 200 worldwide. In 2011, Rentabiliweb's sales topped €83 million, with EBIT at €16.0 million. Rentabiliweb is a socially responsible company in its sectors of activity, and rigorously applies the 10 principles laid out by the UN Global Compact.
The Group is eligible for FCPI investment funds, has received the OSEO "Innovative company" kitemark.
The press release is also available on the Group's corporate website:Â http://www.rentabiliweb-group.com/en/?p=6477
Company Codes: Bloomberg:BIL@BB, RICS:BIL, Euroclear:BE0946620946, ISIN:BE0946620946