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VeriSign lands VerticalNet as payment partner

Published on .

Horsham, Pa.--Payment has been a missing link in many exchanges, and VerticalNet Inc. has taken steps to fill the gap. The company has entered a strategic partnership with VeriSign Inc., Mountain View, Calif., to provide identity verification, digital signatures and payment on 57 of its online exchanges. VeriSign's deal with VerticalNet follows last week's announcement by CyberCash Inc.that it plans to add electronic funds transfer and purchasing cards to its payment system.
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