AsiaPay Upgrades its Payment Gateway & PesoPay eCommerce Service from standard SSL Encryption to much higher security of Extend Validation SSL (EV SSL)

AsiaPay upgrades SSL Certificates to Extended Validation Standard, to provide more secure processing facilities for merchants and the trusted green status bar can increase consumers' confidence in online transactions.

Extended Validation SSL Certificates give high-security Web browsers information to clearly identify a Web site?s organizational identity. For example, if you use Microsoft? Internet Explorer 7 to go to a Web site secured with an SSL Certificate that meets the Extended Validation Standard, IE7 will cause the URL address bar to turn green. A display next to the green bar will toggle between the organization name listed in the certificate and the Certificate Authority (VeriSign, for example). Firefox 3 also supports Extended Validation SSL. Other browsers are expected to offer Extended Validation visibility in upcoming releases. Older browsers will display Extended Validation SSL Certificates with the same security symbols as existing SSL Certificates

Extended Validation SSL Certificates were created in direct response to the rise in Internet fraud, eroding consumer confidence in online transactions. In 2005, 84% of respondents to a Forrester Research study said they don?t think retailers are doing enough to protect their customers online and 24% did not make purchases online due to security concerns.

As people use the Web for commerce, business, and social activities, they share personal and confidential information. High profile incidents of fraud and phishing scams have made Internet users very concerned about identity theft. Before they enter sensitive data, they want proof that the Web site can be trusted and their information will be encrypted. Without it, they may abandon their shopping cart or other transaction and do business elsewhere. High security browsers and Extended Validation SSL Certificates provide third-party verification with a visual display that gives consumers confidence and builds trust in online business.

AsiaPay is a leading secure online and wireless payment service and solution provider. AsiaPay blends state-of-the-art payment processing, risk management and security technology with quality account servicing, and offers a comprehensive suite of secure, cost-effective and value-add payment services and solutions in Hong Kong and Asia.

We strive to offer one-stop, secure, cost-effective, user-friendly integrated and high performance eCommerce / mCommerce payment processing services and solutions to banks, corporates, merchants, charitable organizations and individuals, on credit cards as well as bank direct debit. And, to date, being a certified TPP and IPSP, we are pleased to provide quality ePayment services to almost 4,000 leading merchants and 13 banks and represent the leading credit card and payment providers in Asia.

For more details, please visit www.asiapay.com.ph and www.pesopay.com.