Speaking to `The Financial Express' Parameswar Menon, vice-president of Plexus Technologies said, "this alliance would make the company a leading player in Web and e-commerce enabled segments in the country." With this tie-up, Plexus would be the only company in the country to provide customisable payment solutions to both its B2B and B2C clients in one single interface, he claims.

The payment solution provided by VeriSign is a fast, highly-scalable and reliable Internet payment platform that enables companies to profit from the rapidly expanding e-commerce market. VeriSign solutions are hailed for its affordability, seamless connectivity, apart from the convenience it offers to process online transactions, said Menon. From e-commerce applications to all major back-end payment processes, VeriSigns' solutions enables businesses to authorise, process and manage multiple payments and currencies online. The solutions of the company also allow money transactions over the web using, credit, debit, purchase and other cards.

Plexus Technologies would use VeriSigns' solutions to set up financial gateways, issue digital certifications, provide content management solutions and similar other packages to its clients. This would enable the company's clients to market their products online, that too within a comparatively less amount of time, said Menon.