EC21 Launches ‘TradeVerify’ Service, a New Method for Supplier Verification
EC21.com, one of the world’s largest and most popular B2B marketplace for buyers and suppliers recently announced launch of new verification service ‘TradeVerify’ for suppliers to assist them on building their credibility and trust relationship with global buyers and in turn helping buyers to identify legitimate and genuine suppliers listed on EC21 site.
(PressZoom) - Seoul, Korea, November 5, 2008 – EC21.com, the world’s leading business-to-business ( B2B ) marketplace for buyers and sellers, recently announced launch of new service “TradeVerify” specially designed for suppliers, manufacturers and exporters to build their credibility and trust with global buyers and promote their business more effectively. The company, which is recognized as a pioneer in B2B e-commerce, provides online marketing services and promotional tools to buyers and suppliers to find new trade opportunities and promote their businesses online.
TradeVerify is a strong security solution of supplier verification process that will assist global buyers to identify legitimate and genuine suppliers listed on EC21 site and prevent the risk of fraud and identity thefts. It is a new Authentication & Verification service provided by EC21 in conjunction with 3rd party credit rating agencies to verify business, legal, and contact information about business entities. TradeVerify is available for both free and premium suppliers and all the verified suppliers get an exclusive TradeVerify seal placed on their homepage, product pages, and search result pages, which strongly signifies credibility and reliability of their company.
Commenting on the launch of new service, Mr. Taesung Kim, Vice President of EC21 said, TradeVerify is a unique service aimed to help suppliers to increase their trustworthiness and attract buyers more convincingly. We hope that TradeVerify service will give more confidence to both buyers and suppliers in finding right business partners and in turn will help us to make EC21 more reliable and trustworthy business-to-business platform in the coming months”, he added.
With the increasing number of frauds on B2B marketplaces, most of the buyers prefer trading with verified suppliers and choose to disclose their contact information only to verified suppliers. Priced at just US$150 per annum, TradeVerify gives a good opportunity to all free suppliers listed on EC21 site to increase their credibility and also gives additional benefit to rank higher in buyers search results. Premium members ( TradeOK and TradePRO members ) get a cost advantage as TradeVerify comes as a bundled product in the premium membership package and is provided free of cost for one Year.
TradeVerify is different from company’s popular Credit Report service, which was launched earlier last year. Credit Report is a quick solution designed for worldwide buyers and suppliers to check which company is Real and which is a Scam. Credit Reports can be ordered by anybody to check business credentials, details of capitalization, financial and legal status, and growth/decline trends of any company worldwide. Whereas new service TradeVerify is available only for EC21 free and premium suppliers and to get a TradeVerify seal, a supplier has to go through a successful verification process.
About EC21 Inc. EC21 is one of the world's leading B2B e-commerce company, connecting millions of buyers and suppliers worldwide through 3 major e-marketplaces: Global B2B marketplace ( www.ec21.com ) for worldwide exporters and importers, a Chinese-version marketplace ( cn.ec21.com ) for importers and exporters in China, and a Korean version marketplace ( kr.ec21.com ) for domestic traders in Korea. EC21 is headquartered in Seoul, Korea has 8 regional sales offices throughout Mainland China along with sales offices in Taiwan, Turkey, India, Italy and Pakistan.
EC21 provides free and premium membership services using which suppliers can easily create their own homepage to showcase products online, locate and contact global buyers, reply to buying leads and post trade offers to sell. Buyers can use the site for free and can easily search for new products, locate and contact new suppliers, and post buying leads. With the trust and support of millions of buyers and sellers worldwide, EC21 has today become one of the world’s largest and most popular B2B network with over 3 million Product listings and buying/selling leads and over 600,000 inquiries are exchanged every month.
For Media and Partnership inquiries, please contact: Risa Kim, EC21 Inc, Korea Email: pr@ec21.com Phone: +82-2-6000-6621
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EC21 Inc.
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This news item was released on 2009-01-07. Please make sure to visit the official company or organization web site to learn more about the original release date. See our disclaimer for more information.
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