PayPal Absorbs Verisign

PayPal is rolling along again this time acquiring payment processing giant Verisign.

PayPal-VeriSign Payment Services acquisition
On October 10, we announced that PayPal agreed to acquire VeriSign Payment Services*. We hope the acquisition will close sometime in November. In the meantime, I want to share some information about what you can expect in the coming weeks and months.

After the acquisition closes, you will not experience significant changes to your service—it will function as it does now! PayPal intends to operate VeriSign Payment Services as a standalone business. That means you can enjoy the same secure, reliable payment services that you’ve come to expect from VeriSign. Also, the people who have supported the VeriSign Payment Services products will continue to support you after the acquisition closes.

If you have questions, please phone or email VeriSign customer support at 1-888-883-9770 or
vps-support@verisign.com. We will provide you with more information on the VeriSign Payment Services acquisition as it becomes available.

Again, we value your business and are committed to providing you the same great service you have come to expect. We will continue to strive towards making online commerce secure, reliable and simple.

Regards,

Trevor Healy
Vice President & General Manager
VeriSign Payment Services