GeoTrust Introduces QuickPayments Services for Online Payment Processing

Automates Services for e-Commerce Credit Card Payments and Order Fulfillment; Enables Instant Merchant Account Set-up at Lower Cost than Market Alternatives

April 1, 2003 - Wellesley, Mass. - GeoTrust Inc., a leader in identity and security solutions for e-business and the second largest certificate authority, today introduced QuickPayments Services to enable e-businesses to accept credit card payments and fulfill orders online. It enables online merchants to instantaneously establish accounts and begin processing and managing secure online credit card orders. QuickPayments Services is powered by GeoTrust's automated technology, which enables faster online enrollment and instant set-up and merchant account provisioning. The services cost substantially less than similar e-commerce payment solutions on the market.

GeoTrust QuickPayments Services offers easy and fast merchant account set-up that enables immediate connectivity to the leading payment processing networks without any complicated software or hardware. After filling out the Web-based enrollment form, merchant accounts are ready for access within minutes. QuickPayments supports multiple payment types, including credit cards, purchase cards and debit cards, and is pre-integrated with all major shopping cart applications.

The GeoTrust QuickPayments Merchant Service Center makes it simple to administer e-commerce activities, allowing generation of manual transactions such as authorization, credits or voids, and tracking of transaction activity via online reports. It also allows access to a Virtual Point of Sale (VPOS) system, which enables the merchant to enter credit card transactions from telephone or fax orders.

"Home grown secure e-commerce payment solutions can be very complex to design, build and implement, and solutions currently on the market are too expensive for most businesses to afford," said Neal Creighton, CEO of GeoTrust. "GeoTrust QuickPayments Services provides an easy way for merchants to quickly start taking orders online-and with significant cost savings."

QuickPayments Services Features and Benefits
GeoTrust's automated technology is changing the way e-commerce accounts are established, by providing merchants with an entirely new and fast alternative to legacy payment solutions. GeoTrust has automated the process and made it not only easy but also inexpensive for businesses to start taking credit card orders online. GeoTrust Quick Payments Services offers the following benefits:

• Immediate e-commerce capabilities - Instant merchant account establishment and activation
  
  
• Easy to implement and use - No installation or configuration required. Downloadable and pre-integrated with major shopping cart applications and e-commerce platform
  
  
• Payment versatility - Immediate connectivity to all major payment processors for support of all major credit and debit cards
  
  
• Advanced fraud protection - Ability to limit spending and amount of transactions per day
  
  
• Easy administration - Secure Web-based access to central administration center to fully manage accounts online
  
  
• Secure and reliable connectivity - Hosted in high-security, redundant data center. Uninterrupted TCP/IP streams between merchants and consumers

Pricing and Availability
Merchants may choose from two offerings - QuickPayments and QuickPayments Premium, both available now. QuickPayments is ideal for merchants who want to get up and running quickly and do not require any customization. QuickPayments Premium offers fully brandable options for purchase and check out pages, integration to any e-commerce applications and advanced fraud detection. Both solutions are offered at a substantially lower cost than alternative online payment processing products.

About GeoTrust, Inc.

GeoTrust, Inc., an emerging leader in Identity and Trust Services, helps organizations of all sizes secure e-commerce transactions, trusted identities and fully managed trusted environments for conducting e-business. GeoTrust's Web Security Services offer hosting providers and businesses with world-class digital certificates for fast transaction security and patent-pending smart-seals to ensure a trusted identity on the Web. GeoTrust also offers managed security services for large enterprises. With more than 70,000 companies in over 140 countries using its technology for transaction security, GeoTrust is the second largest digital certificate provider in the world. GeoTrust can be reached at www.geotrust.com or 800-944-0492.

GeoTrust is a registered trademark of GeoTrust, Inc. QuickSSL and True Site are trademarks of GeoTrust, Inc. All other product names are trademarks or registered trademarks of their respective owners.