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Chapter 1. Frequently Asked Questions > I've heard a lot about VeriSign. Who ar...

I've heard a lot about VeriSign. Who are they?

VeriSign, Inc. (www.verisign.com) provides digital authentication services and products for electronic commerce and other forms of secure communications. Digital IDs are crucial to establishing confidence in the security of electronic transactions. A Digital ID binds a person's or company's identity to a digital key that can be used to conduct secure communications or transactions. The Digital ID is intended to give the parties involved in a transaction confidence in its origin and can then be attached to electronic transactions and communications as the critical authentication component.

VeriSign was selected by Visa in July 1997 to operate an Internet-based authentication service for electronic commerce solutions based on SET. VeriSign will operate the Digital ID service for Visa which, in turn, will make it available for Visa member financial institutions wanting to roll out secure electronic commerce services.


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