The E-Business Marketplace announced Tuesday that Humboldt Bank Merchant Services, a leading provider of merchant accounts and e-commerce payment processing solutions, has formed a strategic partnership with Priority One Electronic Commerce Corporation, a wholly-owned subsidiary of CBQ, Inc. that enables Priority One Electronic Commerce Corporation to provide enhanced electronic payment services to its clients via Humboldt Bank Merchant Services.
The integration of Humboldt Bank Merchant Services and Signio, a wholly-owned subsidiary of VeriSign (Nasdaq:VRSN), means Priority One Electronic Commerce Corporation customers will have access to real-time consolidated payment services for credit cards, debit cards, and automatic clearing house (ACH) transactions. These payment services enable e-Business clients to automate commerce and increase efficiencies by replacing traditional paper-based payment processes with an end-to-end integrated payment processing capability that significantly reduces the cost and time associated with traditional billing methods. “Humboldt Bank Merchant Services is a leader in the field of Internet payment processing services,” said John Harris, CEO, CBQ, Inc. “Working with such a forward-looking institution will allow CBQ and Priority One to expand CBQ’s capabilities.” “We’re excited to be able to extend our existing services to our Priority One customers,” said Barbara Riehl, President, Priority One Electronic Commerce Corporation. “The enthusiasm shown by their account team, 48 hour turnaround for applications and competitive processing rates are among the reasons we chose Humboldt Bank Merchant Services.” About Humboldt Bank Merchant Services Humboldt Bank is a $500 Million Dollar Financial Institution founded in 1989. The Merchant Services division began in 1993 and is one of the fastest growing “Full Service” member providers of credit, debit, and check transactions in the United States. Innovative risk management capabilities and flexible credit underwriting distinguishes Humboldt Bank Merchant Services by servicing the individual needs of all business categories, accepting a wide range of businesses including Retail, Restaurant, Hotel, Start-UP’s, Mail Order/Telephone Order, and Internet businesses. Applications are approved in less than 48 hours and leases in one hour. Humboldt Bank focuses heavily on using the Internet as a way to simplify setting-up merchant accounts via the Web. In conclusion and in keeping with Humboldt’s Mission Statement, “To provide excellence in transaction processing for our Merchants today…with solutions from the future” [http://www.merchant.humboldtbank.co m].
About Priority One Electronic Commerce Corporation Priority One has been providing electronic funds transfer for businesses for over 5 years. Whether it’s accepting credit cards or debiting customers’ accounts directly, Priority One will give your e-business site the ability to generate immediate revenue. Our Billcollect(TM) and Prioritycash(TM) services provide the mechanism to transfer funds rapidly and securely. About VeriSign, Inc. VeriSign, Inc. is the leading provider of Internet trust services — including authentication, validation and payment — needed by Web sites, enterprises and e-commerce service providers to conduct trusted and secure electronic commerce and communications over IP networks. VeriSign’s trust services for Web sites, developers and individuals are available through and through a growing number of ISPs and Web hosting companies. The company’s digital certificate services for enterprises and electronic commerce service providers are available through regional account representatives, resellers, and global affiliates. VeriSign announced on Feb. 29, 2000, that it has acquired Signio, Inc., a leading provider of Internet payment services. The Signio Payflow Service delivers a wide range of payment connectivity including all major credit card, debit card, electronic check, purchase card, and automated clearinghouse (ACH) transactions. It comes pre-integrated with a broad range of E-commerce servers, shopping carts and applications, making it easy to install for merchants, merchant aggregators, auction sites and trade exchanges. Signio has a growing list of impressive customers and partners, with notable merchants such as CBS Sportsline, C/NET Store.com, eXp, FurnitureOnline, Network Solutions, Prime Sports Interactive, Wine.com, WebMD, women.com and E-commerce solution providers such as Commerce One, Intuit, Trading Dynamics, Fairmarket and Just in Time Solutions. Signio is headquartered in Redwood Shores, Calif. For more information about Signio, visit .
About CBQ CBQ, Inc. The E-Business Marketplace, is a total end-to-end provider for implementing customer driven e-business solutions. Through its subsidiaries, Reliance Technologies, Inc. and Priority One Electronic Commerce Corp. it can design, implement, host, build traffic and process payments for its customers’ e-business initiatives. ChinaSoft, Inc. is a wholly owned subsidiary of CBQ, Inc., that is affiliated with Beijing Zhongruan Zhixun Technology Development Co. Services include Software Development services for Enterprise computing and Internet Development Services. China Partners, Inc. is a wholly owned subsidiary of CBQ, Inc. Its primary focus is facilitating trade and investment opportunities between U.S. and Chinese companies through its trade portal Chinapartners.net. For more information, visit .