VeriSign Inks E-commerce B2B Deal In China

A new alliance between American Internet security firm Verisign (VRSN) and Chinese e-commerce giant will give suppliers who subscribe to's TrustPass membership service a way to verify their status as a legitimate business entity.

When merchants and suppliers enroll in the Alibaba TrustPass marketplace membership program, VeriSign will independently authenticate the business in a multi-step verification process. Only those suppliers who pass the VeriSign evaluation will be allowed to display the VeriSign Verified Seal on their TrustPass profiles, microsites, and product detail pages. will make the enhanced verification available to its international TrustPass members whose products are carried on the company's English-language marketplace for global importers and exporters.

The financial terms of the deal have not been disclosed by either company.

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