DNB Grants License to Docdata Payments as a Payment InstituteBy Docdata N.v., PRNE
Tuesday, May 24, 2011
WAALWIJK, Netherlands, May 25, 2011 -
The Management Board of DOCDATA N.V. announces that the Dutch Central
Bank (DNB) on 24 May 2011 has granted a license to Docdata payments B.V. in
Driebergen-Rijsenburg, a subsidiary of the listed company DOCDATA N.V. in
Waalwijk, to operate as a Payment Institute. Docdata Payments is an
international Payment Service Provider (PSP). As from 1 November 2009 a
licence is required for all PSPs with a transitional regime for all PSPs,
like Docdata Payments, that already provide payment services prior to 25
A system of licences for payment institutes within the European Union
(EU) ensures a more safer, efficient and user-friendly way of electronic
payments. This includes transfers, direct debits and various card payments.
Michiel Alting von Geusau, CEO of DOCDATA N.V.: "We are delighted with
the license granted by the DNB to Docdata Payments to operate as a Payment
Institute. The organisation has now achieved an excellent position for taking
the next step to realise its international growth ambitions in the e-commerce
world. For us the licence is a confirmation that we meet the high
requirements currently demanded from international payment institutions."
The license is based on the Payment Services Directive initiated within
the EU to implement SEPA. This Directive imposes requirements on all
businesses that want to offer payment services throughout Europe. In
addition, the Directive harmonises and regulates among others the
requirements for online payments in 27 European countries. One of the aims is
that payment transactions between European member countries can be processed
as easily as payment transactions within a member country.
The Payment Services Directive provides rights and obligations for both
Payment Service Providers and users. For the Payment Service Providers this
means that they have to provide full transparency about the conditions of
their services. Examples are the level of tariffs, rules for crediting to an
account and the right to refund.
The listed DOCDATA N.V. exists of two lines of business:
E-commerce service company Docdata (www.docdata.com) is a European
market leader with a strong basis in The Netherlands, Germany and the United
Kingdom. Docdata offers a complete e-commerce service portfolio to clients,
enabling them to be successful on the Internet.
Technology company IAI industrial systems (
www.iai-industrial-systems.com) is a high tech engineering company
specialised in developing and building systems for very accurate and high
speed processing of all kinds of products and materials. IAI delivers clients
globally in the following sectors: securing and personalising of security
documents, processing of solar cells and modules and processing of other
materials and products.
Docdata payments B.V. (www.docdatapayments.com) is an
international payment service provider for businesses, institutions and
governments selling through Internet. Our services ensure the safe, quick and
correct online processing and reconciliation of payments, from the moment a
consumer places the order until the moment that the funds are paid to the
Docdata Payments is a key player in the market for online payment
processes. Headquarters are in the Netherlands with offices in Germany and
the United Kingdom. Docdata Payments is a subsidiary of the listed company
Corporate website: www.docdatanv.com
Further information: DOCDATA N.V., M.F.P.M. Alting von Geusau, CEO, Tel.
Tags: docdata N.V., May 25, Netherlands, Waalwijk