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AsiaPay Secures Online Payment Facilities Using VeriSign® Extended Validation SSL Certificates

Leading Payment Gateway Provider Implements Visual Security Measures to Improve Consumer Confidence Online

Hong Kong - 1st March 2010, VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, today announced that leading electronic payment gateway provider, AsiaPay, has implemented VeriSign Extended Validation (EV) SSL Certificates to provide more secure processing facilities for online merchants and increase consumer confidence in online transactions.

Founded in 2000, AsiaPay provides a comprehensive suite of payment processing capabilities for banks, corporations, SMEs and charities. AsiaPay has been using VeriSign SSL Certificates since it launched its online payment services in 2000, and it recognised the need to do more to help improve consumer confidence in online transactions with the increasing number of Internet threats.

“Consumer confidence is critical to payment processing online and we recognised that to improve this we needed to add an additional layer of security to demonstrate our commitment to combating online fraud,” said Joseph Chan, director of AsiaPay. “VeriSign EV SSL Certificates are essential to our business. For both consumers and merchants, the visual security cues along with strong encryption offer a hardened defence against increasingly sophisticated online threats. Our customers can now feel assured when they see the trusted green bar that we are providing comprehensive protection for their sensitive information, including passwords, bank accounts and credit card details.”

When Internet users equipped with current versions of Internet Explorer, Firefox, Safari, Google Chrome, Opera and other browsers visit a site protected by EV SSL Certificates, the top of the browser lights up in green and displays the name of the company operating the Web site. This green glow offers immediate reassurance that they have reached a site whose authenticity has been verified by a certificate authority such as VeriSign, the world’s leading SSL certificate authority.

“This is great win for us in Asia as more online services in the region recognise the value that VeriSign EV SSL provides over standard SSL Certificates,” said Armando Dacal, director of Authentication Sales - Asia Pacific, VeriSign. “The visual approach offers Internet users greater reassurance about the authenticity of Web sites and enables them to transact online with confidence."

As the most respected and trusted SSL authority on the Web, VeriSign is the EV SSL Certificate provider of choice for more than 14,000 online businesses. In fact, 93 percent of the Fortune 500 and 97 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.hk/EV-SSL.

* Includes SSL issued by VeriSign and its subsidiaries


About AsiaPay
Founded in 2000, AsiaPay, a leading electronic payment service, solution and technology house in Asia, provides a comprehensive suite of latest secure, scalable, function-rich real-time payment processing capabilities of credit card and debit cards whether online, wireless, call center or retail for banks, corporates, SMEs, and charity organisations. Headquartered in Hong Kong, AsiaPay operates in 6 other countries across Asia including Thailand, Philippines, Singapore, Malaysia and China. For more information, please visit www.asiapay.com.