GS Logo
The Green Sheet, Inc

Please Log in

A Thing Ariba


     VeriSign, Inc., a provider of Internet trust services, American Express Company, and Ariba, Inc., a business-to-business (B2B) e-commerce provider, have formed a strategic relationship to deliver the first integrated card payment processing utility for online business-to-business transactions.

     As part of the relationship, Ariba will integrate VeriSign’s B2B payment connectivity services with the Ariba Commerce Services Network (Ariba CSN) to process American Express payments. Ariba will provide buyers and suppliers with the ability to exchange and process AMEX payments electronically through Ariba CSN, which will reduce costly steps and manual processes in the authorization, settlement, and reconciliation processes.

     The integrated payment solution will enable buyers and suppliers to electronically exchange payment transactions with each other, allowing requests for payment to be triggered at shipment time, based on established purchase order prices. To deliver an integrated payment solution, the companies expect to create a new cXML standard that provides encrypted processing of charge cards utilizing VeriSign’s “XML Pay” schema. The “XML Pay” schema is a flexible, multi-purpose protocol.

     “Through this integrated e-purchasing and payment solution, companies will now have the confidence to migrate key business processes—such as ordering, invoicing, payment and settlement—over the Internet,” said Mac Schuessler, vice president of E-Payment for American Express Corporate Services. “This integrated solution allows us not only to enable true online transaction processing, but is also paving the way for future payment services.”

      VeriSign’s B2B Trust Services facilitate high value transactions on the Internet. These services enable real-time proof of the identity and privileges of buyers and suppliers through the distribution of digital credentials; the ability to process a variety of payment types through financial institutions, payment processors, and back-end payment networks; and the delivery of value-added services to enhance the non-repudiability of transactions. For more information, visit

      Ariba’s CSN is a suite of Web-hosted services delivered globally by commerce services providers to B2B buyers, suppliers, and marketplaces on the open Ariba B2B Commerce Platform. Ariba can be contacted at (650) 930-6200 or

      American Express Company is the world’s largest corporate card provider. Through its Corporate Services group, the company counts more than 70% percent of the Fortune 500 as customers. For more information visit


Back | Next

© Copyright 1995-2000 
The Green Sheet, Inc.

Innovative Adds CrossCheck Services

Innovative Merchant Solutions, LLC, a national full service bankcard processing provider, has aligned with CrossCheck, Inc., to market check guarantee services to Innovative Merchant Solutions’ retail and Internet merchant customers. Innovative Merchant Solutions, headquartered in Calabasas, California, began including CrossCheck’s check program, marketed under the Innovative Check Solutions name, as part of their extensive payment services offerings, July 1, 2000.

Innovative Merchant Solutions provides merchants with electronic payment processing for Visa, MasterCard, American Express, Discover, EBT, debit, and other credit card transactions initiated at POS terminals or through e-commerce on the Internet. CrossCheck’s check guarantee services include coverage of checks returned due to “NSF” or “Stop Payment” reasons, COD checks, multi-check payment, and reimbursement of bank fees. Special check programs for Internet checks and phone and fax checks are available, as well.

“CrossCheck’s experience in check payment authorizations has great value for our merchants. We are pleased to make this a part of our payment offerings and look forward to working with them,” said Joe Kaplan, Innovative Merchant Solutions’ President and CEO.

“ We are particularly impressed with their commitment to payments technology and their explosive growth over the last year. We are looking forward to working with them to provide quality payment services with exceptional customer service to retailers across the country,” stated J. David Siembieda, CrossCheck’s Executive Vice President of Sales and Marketing.

Innovative Merchant Solutions provides payment processing services to thousands of retail, MO/TO, Internet, lodging, and restaurant merchants. For more information about Innovative Merchant Services, LLC, visit their Web site at

CrossCheck, Inc., is a multi-national information services company specializing in predicting, scoring, and guaranteeing human behavior in the payment tendering and purchase decisioning processes. An innovator in payment systems and an investor in technology companies since 1983, CrossCheck also develops and markets education-based services and empowerment tools to enhance the consumer shopping experience. More information about their products and services can be found at their Web site:

Back | Next


© Copyright 1995-2000 
The Green Sheet, Inc.