Business Summary
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CyberSource Corporation (CyberSource) is a provider of electronic payment and risk management solutions. The Company’s solutions enable electronic payment processing for Web, call center, and point-of-sale environments. The Company partners with and connects to a network of payment processors and other payment service providers to offer merchants a single source solution that simplifies electronic payment management. Payment solutions allow e-Commerce merchants to accept a range of online payment options, from credit cards and electronic checks, to global payment options and emerging payment types. It also offers industry risk management solutions to help online merchants address complexities, such as credit card fraud, online tax requirements and export controls. Its Professional services help to design, integrate and optimize commerce transaction processing systems for merchants. During the year ended December 31, 2008, CyberSource processed approximately 1.9 billion transactions.
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