VerticalNet, CyberSource to Serve B2B Markets | Internet News

VerticalNet, CyberSource to Serve B2B Markets

Written By
Beth Cox
Beth Cox
May 16, 2000
1 minute read

B2B Net market maker VerticalNet Inc. said it is partnering
with CyberSource Corp. to deliver a suite of
e-commerce services across VerticalNet’s 56 different industry-specific
communities.


CyberSource will become VerticalNet’s provider for services that include
credit card clearance, and VerticalNet will offer CyberSource’s Payment, Tax
and Risk Management Services to businesses in its trading communities.


” we selected CyberSource because we believe they offer the most
comprehensive suite of e-services backed by a highly scaleable back-office
infrastructure,” said Paul Calkin, senior director of e-commerce business
solutions for VerticalNet.


VerticalNet’s vertical trade communities are grouped into the following
industry
sectors: advanced technologies, communications, environmental, food and
packaging, foodservice and hospitality, healthcare/science, manufacturing and
metals, process, public sector, service, textiles and apparel.


VerticalNet also provides auctions, catalogs, bookstores, career services and
other e-commerce capabilities horizontally across its communities with sites
like Industry Deals.com, IT CareerHub.com, LabX.com and Professional Store.com. And its
NECX Exchange provides an exchange for the
electronic components industry.

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