Visa and Internet's Top Industry Players Aggressively Promote Global Adoption of Authenticated Payment.

Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--June 27, 2001

More Than 60 Top Internet Solutions Providers Join Visa to Ensure

Safe, Secure Online Shopping Experience for Consumers, e-Merchants

Continuing its leadership role in Internet payments, Visa International today announced that more than 60 of the world's top Internet solutions providers -- companies focused on payment software, security, fraud detection, and customer management -- have been working together with Visa for over one year to speed the global deployment of Visa Authenticated Payment, a comprehensive e-commerce program designed to ensure safe and secure online payment transactions.

Visa Authenticated Payment, which builds upon the company's Global Secure E-Commerce initiative launched in June 2000, will enhance the security of Internet-based payments on a global scale and vastly improve the payment service for merchants, consumers and Visa Members. Implementation of the program is already underway in many countries within each Visa region, including Asia Pacific, Canada, CEMEA (Central Europe, Middle East, Africa), the European Union, Latin America and Caribbean, and the United States.

Visa has been working with a number of vendors for more than a year to develop and test Visa Authenticated Payment. More recently, Visa has established partnerships with a number of global firms to promote and support adoption by bank Issuers and merchants. These include Accenture, Cap Gemini Ernst & Young, IBM, Microsoft, and Sun Microsystems. Together, the vendor partners (a partial list of partners participating in this program is attached) will provide the necessary products and services to support a fast uptake in the market.

"Having worked closely with Visa for many years, we are pleased to support this global payments leader and its member banks as they increase their ability to provide secure Internet transactions and market new u-commerce capabilities," said Richard Cornelius, an Accenture partner.

"We welcome the Visa Authenticated Payment Program which supports highly flexible yet scalable secure e-payments and have developed a portfolio of services to ensure that banks can rapidly implement to meet the specific needs of their business," said Michael Gordon, global head of transaction banking for Cap Gemini Ernst & Young.

"Visa International's global initiative to authenticate Visa card purchases on the Internet demonstrates its commitment to preserve the online free marketplace, and Sun Microsystems stands ready to help execute the Visa Authenticated Payment Program with our proven, reliable, scalable and secure technology," said David Littlewood, director, Sun Microsystems world wide financial services global sales operation. "On the Internet, even more than in other areas of our lives, trust is the real currency."

Visa Authenticated Payment supports 3-D Secure as a new authentication technology. Visa has worked closely with the vendors in the program to gather important feedback in developing this authentication solution that's both easy to implement and quick to market. The resulting 3-D Secure 1.0 specification has been released and is currently being deployed in the marketplace.

"Our Members and merchants have given us very positive feedback on the Visa Authenticated Payment program and we anticipate a significant demand for products and services to support their implementation plans," said Philip Yen, executive vice-president of e-Visa International. "We're pleased that key vendor partners will be in a position to meet the demand, giving our Members quality and choice. Together, we can help to ensure a safe and secure shopping experience for consumers and merchants by adding extra security protections and preventing fraud."

Consumers, e-Merchants Benefit From Visa Authenticated Payment

With Visa Authenticated Payment, Visa is providing the same level of security in the virtual world as Visa has in the physical world. The global program is integral to Visa's continuing efforts to realize universal commerce (u-commerce), the ability to conduct commerce securely and conveniently, anywhere, anytime, and over any kind of device.

Consumers will have greater confidence knowing that Visa, their financial institutions and merchants are incorporating a variety of measures to protect their transactions when they shop online. When a cardholder enrolls in Visa Authenticated Payment, the cardholder and their financial institution validate the online transaction, just as they do at the check-out stand in the physical world when they sign the sales receipt.

Visa Authenticated Payment is just one example of Visa's continuing efforts to develop, enhance and advance payments around the world through the development of standards. Other examples include: Open Platform; Common Electronic Purse Specification (CEPS); the EMV (Europay, MasterCard, Visa) standard for chip, credit and debit cards; and the new Visa Global Invoice Specification based on XML.

About Visa

Visa is the world's leading payments brand and the largest payments system worldwide. Visa-branded cards generate almost US$2 trillion in annual volume and are accepted at over 22 million locations around the world. The Visa organization plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa is a leader in Internet based payments and is pioneering the creation of u-commerce, or universal commerce -- the ability to conduct commerce anytime, anywhere, over any type of device.

      VISA Authenticated Payment

      Vendor Participation List

Accenture

Media
Joe Krakoviak
Media & Analyst Relations, Banking & Capital Markets
Phone: [phone]
[e-mail]

Sales and Marketing
Matthew Helber
Financial Services, Solution Engineering
Phone: [phone]
[e-mail]

ACI Worldwide

Media
Gene Hinkle
Phone: [phone]
[e-mail]

Sales and Marketing
Jeff Beulke
Phone: [phone]

Aether Systems

Media/Sales and Marketing
Paula Chase-Hyman
PR Manager
Phone: [phone]
Cell: 410/493-5741
[e-mail]

Aplettix

Media Contact
Guy Netef
Phone: [phone]
[e-mail]

Sales and Marketing
Roy Bricker
VP of Product Management
Phone: [phone]
[e-mail]

Arcot Systems, Inc.

Media Contact:
Doug Free
VP Corporate Marketing
Phone: [phone]
[e-mail]

Sales and Marketing
Visa USA, Visa Canada and Visa Latin America
    Bill Moore, VP
    South Carolina, USA
    Phone: [phone]
    [e-mail]

Visa EU and Visa CEMEA
    Gary Copeland, Account Director
    London, England
    Phone: [phone]
    [e-mail]

Visa Asia-Pacific
    Mark Cullimore, VP
    Singapore
    Phone: [phone]
    [e-mail]

BRODIA Group

Media/Sales and Marketing
Timothy M. Lee
Vice President, Business Development
Phone: [phone]
Cell: 415/786-7286
[e-mail]

Brokat Technologies

Media
Scott Geddes
General Manager, M-Business
Phone: [phone]
Cell: 678/463-9684
[e-mail]

Sales and Marketing
Chris Hale
Director of Marketing, M-Business
Phone: [phone]
[e-mail]

Camtech (A division of Keycorp Limited)

Media/Sales and Marketing
Andrew Weller
Manager E-Commerce Managed Services
Keycorp Limited
Chatswood NSW 2067
Australia
Phone: [phone]
Fax: [phone]
[e-mail]

Cap Gemini Ernst Young

Media
Michelle Perkins
Global PR Manager
Phone: + (0) 870-904-5688
[e-mail]

David A. Schutzman
Phone: [phone] ext. 324
[e-mail]

Sales and Marketing
Steven Smeltzer
US Practice Leader for "Transaction Banking"
Phone: [phone]
[e-mail]

Michael Gordon
Global Practice Leader for "Transaction Banking"
Phone: [phone]
[e-mail]

Lesley Tulley
Global Marketing Manager
Phone: [phone]
[e-mail]

Artemis Saridakis
US Marketing Manager
Phone: [phone]
[e-mail]

CardinalCommerce Corporation

Media/Sales and Marketing
John R. Lazzaro
Senior Vice President
Phone: [phone] ext. 137
Fax: [phone]
www.cardinalcommerce.com

Clear Commerce

Media
Nancy Harris
Director of Marketing
Phone: [phone]
[e-mail]

Sales and Marketing
Judy Berghoefer
VP Business Development
Phone: [phone]

Cybersource Corporation

Sales and Marketing
Steven Klebe
VP, Strategic Alliances-Payment & Risk
Phone: [phone]
[e-mail]

Tracy Wilk
VP, Product Management-Payment

CYOTA

Media
Beatriz Garcia
Director
Phone: [phone] ext. 170
Fax: [phone]
[e-mail]

Sales and Marketing
Scott Moss
Executive Vice President Sales
Phone: [phone] ext. 173
Fax: [phone]
[e-mail]

Equifax

Media
Cindy Whiteman
Phone: [phone]
[e-mail]

Sales and Marketing
Carol McDonnell
VP Card Products
Phone: [phone] ext. 72238
[e-mail]

Ericsson

Media/Sales and Marketing
Jason Andersson
Director Mobile Commerce
Phone: [phone]
[e-mail]

Experian

Media
Joe Talbott
Phone: [phone]
[e-mail]

First Ecom (Canada) Inc.

Media/Sales and Marketing
Peter De Rosa
President
Toronto, Ontario
Phone: [phone]
Fax: [phone]
[e-mail]

GEMPLUS

Media
Kerry Butler
Corporate Media Relations
Phone: [phone]
[e-mail]

Sales and Marketing
Bernard Vion
Technical Director
Phone: [phone]
Fax: [phone]
[e-mail]

Go Software

Media/Sales and Marketing
Tony Abruzzio
912/527-4500

Gpayments Pty Ltd

Media/Sales and Marketing
Bahram Boutorabi, CEO
Ramtin Shams, CTO
Brent Clark, VP Business Strategy
Warriewood NSW 2102
Australia
Phone: [phone]
Fax: [phone]
www.Gpayments.com

IBM

Media
Jeff Gluck
Director of Public Relations, IBM Sales and Distribution
Phone: [phone]
[e-mail]

Tom Yates
TSI
Phone [phone]

IPin

Media/Sales and Marketing
Kristan Almgren
Corporate Communications/Product Marketing
Phone: [phone]
www.ipin.com

iPrivacy LLC

Media/Sales and Marketing
Ruvan N. Cohen, CEO
Dr. Salvatore Stolfo, Chief Scientific Advisor
Phone: [phone]
[e-mail]

iShopSecure, Inc.

Sales and Marketing
Joseph A. McDonnell, CEO/Chairman
Mark Crowson, EVP
Phone: [phone]; toll free: 888/533-5300
Fax: [phone]
www.ishopsecure.com

Microsoft Corporation

Media/Sales and Marketing
Peter Haubold
Phone: [phone]
Cell: 415/336-5951
[e-mail]

Warren Lewis
Phone: [phone]
[e-mail]

MobilWay

(www.mobilway.com)

Media/Sales and Marketing
Carles Guillot -- Business Development
Phone: [phone]
[e-mail]

Molan Corporation

Media
Tim Goode
Goode Communications
Phone: [phone]
[e-mail]
Sales and Marketing
Lanre Amos
General Manager
Phone: [phone] ext. 301

Motorola
Broadband Communications Sector
Media/Sales and Marketing
Dwight Sakuma
Director of Market Development
Phone: [phone]
[e-mail]

Myespace

Media/Sales and Marketing
Pad (S. Padmanabhan)
Executive Vice President
Phone: [phone]
Cell: 805/448-0228
[e-mail]

Oasis Technology, Ltd.

Media
Neil Parmenter
Manager of Public Relations
Phone: [phone]
[e-mail]

Sales and Marketing
Barbara Dowie
Director, ePayments & Alliances
Oasis Technology, Ltd
Phone: [phone]
Cell: 650/222-5436
www.oasis-technology.com

One Empower Pte Ltd

Sales and Marketing
Nicholas Fung, CEO
Phone: [phone]
[e-mail]

Sang Chu-Yong, CTO
Phone: [phone]
[e-mail]

Dr. Shum Kam-Hong, SVP Technology Services
Phone: [phone]
[e-mail]

Oracle

Media
Reema Bahnasy
Phone: [phone]
[e-mail]

Sales and Marketing
Paige O'Neill
Phone: [phone]
[e-mail]

Orbiscom

Media
Jessica Brier
Phone: [phone] ext. 114

QSI Payments

Media
Jennifer Prantl, Marketing Manager
Phone: [phone]
[e-mail]

Sales and Marketing
Forrest Grein, VP Strategic Accounts
Phone: [phone]
[e-mail]

Schlumberger Sema

Media/Sales and Marketing
Tony Ball
Director, Strategic Accounts
Phone: [phone]
Fax: [phone]
Cell: 512/293-3365
[e-mail]

SkyGo

Media/Sales and Marketing
Lea Bibbo
Phone: [phone]
Cell: 650/315-4664
[e-mail]

Sonera SmartTrust, Ltd.

Media
Rain Eriksoo
Vice President Marketing
Phone: [phone]
[e-mail]

Sales and Marketing
Matti Heikkila
Director of Business Development
Phone: [phone]
[e-mail]

SUN Microsystems

Media/Sales and Marketing
Terri Nissen
Phone: [phone]
[e-mail]

Toshiba

Media/Sales and Marketing
Willie Sha
Manager EC & Card Solutions
Phone: + 81-3-3457-4297
[e-mail]

Transale Ltd

Sales and Marketing
Primary contact:
Mike Mooney
Phone: [phone]

EU/Israel sales contact:
Ovadia Ovadia
Phone: [phone]
[e-mail]

Technical contact:
Hagit Yosha
Phone: [phone]
[e-mail]

Trintech Group Plc

Media
Cara Sloman
Nadel Phelan, Inc.
Phone: [phone]
[e-mail]

For EMEA
Breda Leonard
Marketing Communications Manager
Phone: [phone]
[e-mail]
Sales and Marketing
USA & Canada -- John McGrane, 650/227-7004
[e-mail]
Latin America -- Pedro Soto, 786/388-1951
[e-mail]
Asia Pacific -- Robin Prew, 852/2824-4833
[e-mail]
EMEA -- Conor Dowd, 353-1-207-4168
[e-mail]

Unisys Corporation

Media
Janet Jones
Marketing Manager, Global Financial Industries
Phone:  [phone]
Fax: [phone]
[e-mail]

Sales and Marketing
George Kaadi
Primary 3D Secure Contact
Phone: [phone]
[e-mail]

Thomas Steinmetz
Director of Marketing & Channel Management
NA Financial Services, Global Industries
Phone: [phone]
[e-mail]

Valicert

Media
Rich Black
Public Relations
Phone: [phone]

Sales and Marketing
Joe Bartolone
Sales Manager
Phone:[phone]
Cell: 775/848-5288
[e-mail]