BRUSSELS | Be2bill, the specialized online payment solution provided by Rentabiliweb Europe, is the first acquiring institution in France to obtain “Merchant Agent” certification and the third French company to have obtained this trusted third party certification from the leading international network in the world, VISA.
In order to continue to guarantee their transactions, bank networks now require merchants to work exclusively with accredited service providers, such as Be2bill.
Rentabiliweb Europe also announces the renewal of its PCI DSS (Payment Card Industry Data Security Standard) certification, which has been extended to Level 1 Service Provider. Level 1 has the strictest IT security requirements for payment card information processing.
The PCI DSS standard is extensively used in English-speaking countries and increasingly so in France. This standard is primarily a means of protecting payment card information for all merchant sites and payment solution providers that process, transmit and store payment card information.
Being PCI DSS-compliant, or using a certified payment services provider (PSP), exempts merchants from payment card processing liability, in particular if a point of compromise (POC) is discovered. In a PCI DSS environment, merchants no longer risk incurring penalties from the interbank networks (Visa, MasterCard and GCB), which are often extremely high.
Obtaining PCI DSS certification is a demanding, complex and time-consuming process for merchants. The Be2bill payment solution means that merchants can entrust the security of their transactions to a reliable third party that has the highest level of certification, as Be2bill manages and is fully responsible for 100% of the payment card transaction process, thereby enabling its clients to focus fully on the development of their core business.
As a PCI DSS level 1 service provider, Rentabiliweb Europe undergoes rigorous compliance audits performed by a recognized independent organization, the Qualified Security Assessor (QSA). Hervé Schauer Consultants, a leading French IT security firm, advises Rentabiliweb on audits. Control audits are performed quarterly and cover aspects such as network reliability and configuration rules analysis, and ensure that there are no security flaws. They will be performed by an Approved Scanning Vendor, Qualys.
Over and above the benefits for the group and its clients, extending the PCI DSS certificate to the highest level of security was a vital stage for Rentabiliweb in preparing its application for lending institution status.
“For over 10 years we have been working not only on compliance, but also on defining new data security standards. PCI DSS certification, for which there were 12 requirements and over 120 control points, rewards our extensive human and technical investments over the last 20 months”: Romain Pera, Rentabiliweb Europe Technical Director.
“I had made the commitment to bring the Rentabiliweb Group to the highest technical level in terms of sensitive data processing, in order to serve our most demanding e-retailer clients. This commitment has been honored.” Jean-Baptiste Descroix-Vernier, Rentabiliweb Group President.