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July 08, 2015 12:29 AM ET

IT Services

Company Overview of CyberSource Corporation

Company Overview

CyberSource Corporation operates as an eCommerce payment management company. It provides CyberSource and Authorize.Net brand solutions to businesses worldwide for payment processing, payment security, fraud management, and other services. CyberSource Corporation has a strategic partnership with Korean Air. The company was founded in 1994 and is based in Mountain View, California. It has regional headquarters in Singapore; Tokyo; Miami/Sao Paulo; and Reading, United Kingdom. The company also has additional offices in Asia, Europe, Latin America, the Middle East and Africa, and the United States. As of July 21, 2010, CyberSource Corporation operates as a subsidiary of Visa Inc.

1295 Charleston Road

Mountain View, CA 94043

United States

Founded in 1994

654 Employees

Phone:

888-330-2300

Fax:

650-625-9145

Key Executives for CyberSource Corporation

Chief Marketing Officer and Senior Vice President
Age: 54
Head of Sales - Authorize.Net
Age: 48
Vice President of Asia Pacific
Senior Vice President of Cybersource and Playspan
Head of Cybersource Sales - North America
Compensation as of Fiscal Year 2015.

CyberSource Corporation Key Developments

CyberSource Announces a Partnership with Television Broadcasts Limited

CyberSource announced a partnership with Television Broadcasts Limited. This agreement will allow TVB's internet portal TVB.com to provide secure online payment acceptance services, as they continue to grow their business by enabling customers to purchase content from their web and mobile channels easily and safely. Through this partnership, TVB.com will be able to leverage CyberSource's global payment gateway services to process online payments from various card types from multiple issuers, made on both web and mobile channels, with options for recurring billing as well. To further streamline the checkout process, TVB.com will also utilize CyberSource Secure Acceptance services to enable instant checkout for returning customers. CyberSource's online payment solution provides TVB with access to secure payment acceptance and comprehensive payment management services, via a single connection. TVB will be able to process a wider spectrum of payment methods, while extending its business to the digital media space.

Korean Air Creates New Customer Experience with CyberSource Payment Services

CyberSource announced a strategic partnership with Korean Air to provide secure online payment acceptance capabilities and enhance the overall customer experience. As part of its drive to improve customer satisfaction, the airline is currently in the process of developing a new Passenger Service System, which will constitute a Global Payment System, a system to integrate all payment and acquiring services. With CyberSource's global payment gateway solution, Korean Air will be able to securely accept a wide range of payment methods, including debit and credit cards and alternative payments across its sales channels. Korean Air believes that the implementation of its new Global Payment System, complemented with CyberSource's solutions and expertise, will allow the company to take its customers' experience to the next level. The company is confident that its partnership with CyberSource will address the diverse payment preferences of its customers, who come from 45 countries around the world.

LINE Partners with CyberSource to Enhance the Convenience of Line Pay's Global Payment Services

CyberSource, a Visa Inc. announced a strategic partnership with LINE Corporation. This agreement will allow LINE to enhance the convenience of its mobile payment service LINE Pay. Through this partnership, LINE will leverage CyberSource's payment management platform to enable its full suite of payment and fraud management services for its mobile payment service LINE Pay. Via CyberSource's global payment gateway, LINE will be able to process online payments from multiple card brands and issuers, as well as certain alternative payment methods. These solutions enable LINE to advance their business globally in a scalable and secure manner. In addition to global payment services, LINE will also have access to secure payment acceptance and comprehensive fraud management services via the CyberSource payment management platform. This means LINE will be able to provide payment security, with users' sensitive payment data residing in CyberSource's secure data centers, as well as process a wider spectrum of payment methods. LINE Corporation will also be able to leverage CyberSource Decision Manager, the fraud management tool which features the Fraud Detection Radar, to pinpoint fraud faster, more accurately and with less manual intervention.

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