|This article relies on references to primary sources. (November 2006)|
|Type||eCommerce Payment Management|
|Fate||Acquired by Visa Inc.|
|Headquarters||Foster City, CA, U.S.A|
Founded in 1994, CyberSource provides online payment and fraud management services for medium and large-sized merchants. In 2007, CyberSource acquired the U.S. small business payment services provider, Authorize.Net, In November 2007 for $565 million.
CyberSource marketed products for electronic payment processing for web, call center, and POS environments. CyberSource also offers industry risk management services for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems.
Over 400,000 businesses worldwide use CyberSource, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Foster City, California, and has offices in locations such as the United Kingdom, Japan, Brazil, Mexico, China, Singapore, Australia and Russia.
On April 22, 2010 Visa Inc agreed to acquire Cybersource for about $2 billion.
- "CyberSource to Buy Authorize.Net in $565M Deal". eWeek.com. 2007-06-19. Retrieved 2007-06-19.
- "Visa seeks online growth with CyberSource". Reuters. 2010-04-21.