Safe and secure settlement of accounts is an essential feature for any e-commerce system. While businesses demand ease of integration and cost efficiency, consumers demand ease of use and security. To meet these strict requirements, SBI VeriTrans has built a solid Internet-based settlement infrastructure that has been in operation since the dawn of e-commerce.
We pioneered the use of Secure Sock Layer (SSL) technology, which is now recognized as the general way to encrypt e-commerce transactions for online settlement by credit card. In Japan, our effort to achieve a secure online settlement infrastructure triggered the rapid growth of e-commerce. We lead the industry with a full range of high value-added one-stop services such as e-commerce sales collection services and the e-money settlement service for mobile Suica. In the future, we will continue to expand our one-stop solutions.
The online B-to-C market has experienced rapid growth in the sale of general merchandise as well as games, movies, music, and other digital content. Mobile e-commerce is also booming with more and more users everyday. As settlement needs evolve over time, SBI VeriTrans will be standing by to respond flexibly and expertly to each change. As we continually improve our technology and services, we look forward to providing businesses with high quality and innovative settlement solutions in the future.
