Applying for Trustmatic Seal

Trustmatic Seal is basically a not-for-profit Tool Provided to analyze and gauge the trustworthiness of a business or Enterprise, based  upon its verified record of certified documents.

Trustmatic Seal has devised a unique system on which it assigns a business entity a Trustmatic Seal. This seal is allotted to a business entity based upon its verifiable credentials. A business entity has to submit a copy of specified documents which are basically the legal evidence of entity's credentials based on certain credibility parameters.

Each parameter has its own importance. Once all the applicable documents are submitted along with subscription application, web4value management then verifies the documents and accordingly assign a Trustmatic Seal for the business entity.

Companies participating at web4value can apply to obtain Trustmatic Seal, which will be granted if the documents presented by the company comply with the minimum requirements as laid down by web4value. These documents may include Company registration certificate, Income Tax Registration/PAN number, Sales Tax No., RBI Code No., quality certifications, audited financial results, etc.

Once approved, companies can display Trustmatic Seal along with verified details at their Websites, Catalogs, Directory listings, Trade offers etc.

B2B Snapshot

Definition - On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers. Although early interest centered on the growth of retailing on the Internet (sometimes called e-tailing), forecasts are that B2B revenue will far exceed business-to-consumers (B2C) revenue in the near future. According to studies published in early 2007, the money volume of B2B exceeds that of e-tailing by 10 to 1. Over the next five years, B2B is expected to have a compound annual growth of 41%. The Gartner Group estimates B2B revenue worldwide to be $7.29 trillion dollars by 2004. In early 2007, the volume of investment in B2B by venture capitalists was reported to be accelerating sharply although profitable B2B sites were not yet easy to find.