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Ariba lines up escrow services

Published on .

Ariba Inc. has struck a deal with Escrow.com that will allow users of Ariba-powered marketplaces to use escrow services. Escrow.com's TransactionPoint software will be built into Ariba's global network, allowing for escrow-based online transaction settlements. The deal is important because b-to-b exchanges-Ariba's included-are currently stymied by a dearth of e-payment options beyond credit cards.

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