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E-Billing Solutions (EBS), India’s Leading Payment Gateway "Goes Green" with VeriSign® Extended Validation (EV) SSL

EBS provides visual assurance that online payments are safer, simpler and more secure

New Delhi, India - 13th July, 2009 – VeriSign, Inc., the trusted provider of Internet infrastructure services for the networked world, today announced the deployment of VeriSign® Extended Validation (EV) Secure Sockets Layer (SSL) Certificates by E-Billing Solutions (EBS), one of the leading payment gateways in India. The deployment of EV SSL Certificates will help online merchants and their customers build trust and confidence on the Internet by offering immediate and visible assurance when transacting online.

Indian consumers are showing an encouraging shift from traditional modes of payment such as paying bills over the counter, to the advanced payment mode facilitated by a click of the mouse. However, online security is a major cause of concern for consumers transacting on the Internet today. From random hackers to complete cases of data and identity theft, making sure you are using a secure interface when conducting online business transactions is a top priority.

"At E-Billing Solutions, our priority has always been to safeguard the interests of both the e-commerce merchants as well as their clients," said Nishanth Chandran Founder & Director, E-Billing Solutions. "Our main goal is to allow our site visitors to trust that we were handling their information securely and in turn maintain our own brand integrity. The green address bar is symbolic of an authenticated Web site that has been verified as per certain rules and helps to instill trust and confidence with our merchants and their customers."

E-Billing Solutions has deployed VeriSign® Extended Validation (EV) Secure Socket Layer (SSL) Certificates to provide consumers with visual assurance against online fraudulent activity by providing third party verification of its Web site’s authenticity. An EV SSL Certificate displays easily understood visual cues in EV-enabled high-security browsers to provide tangible assurances of a Web site's authenticity. The browser address bar turns green and a new field appears to the right of the URL. This field contains the name of the organization that owns the site as well as the security provider that issued the certificate, such as VeriSign.

"Online trust is vital, and when a company makes an effort to provide a trusted online experience, customers respond by coming back confidently." said Shekhar Kirani, Country Manager, VeriSign India. "The deployment of VeriSign’s EV SSL Certificates by E-Billing Solutions demonstrates their commitment to helping customers to protect their sensitive personal data from online identity theft."

Facilitated by VeriSign’s Platinum Partner, Adweb Technologies, E-Billing Solutions has joined the growing worldwide community of sites using EV SSL to provide their customers with a safer online experience.

"VeriSign is the leader, the best known name in transaction security and Web site authenticity," said Apurva Mody, CEO, Adweb Technologies, VeriSign Platinum Partner. "We are confident that the implementation of VeriSign’s EV SSL Certificates by EBS will assist e-commerce portals in India to deliver an online experience that is easy and more secure."

As the most respected and trusted SSL authority on the Web, VeriSign is the EV SSL Certificate provider of choice for more than 10,000 Internet domain names, representing 74 percent of the entire EV SSL Certificate market worldwide*. In fact, more than 95 percent of the Fortune 500 and 96 of the world's 100 largest SSL-using banks secure their sites with SSL Certificates sold by VeriSign**. To learn more about VeriSign EV SSL, visit http://www.verisign.com/EV-SSL.

About E-Billing Solutions (EBS)

E-Billing Solutions was incorporated in 2005 by young entrepreneurs who came together to offer a comprehensive and easy solution for the e-commerce industry. EBS was the first to associate with multiple acquiring banks for providing Payment Gateway services to offer Master, Visa, Diners, Netbanking & Cash Card brands on a single platform. Its offices are spread out in the Metros of Mumbai, Hyderabad and Chennai and a network of associates span across the country, for easy reach and to provide personal attention, service and consultation. Additional news and information about the company is available at www.ebs.in

About VeriSign

VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at www.verisign.com/in/

Contacts

VeriSign Media Relations:
Nidhi Chhabra, nichhabra@verisign.com, +91 981 120 5937

Investor Relations:
Nancy Fazioli, nfazioli@verisign.com, +1 650-426-5146

@Symantec