Cardinal and CyberSource Team Up
MENTOR, Ohio, March 10, 2009 (GLOBE NEWSWIRE) -- CardinalCommerce Corporation, the worldwide-leading payment brand enabler, today announced a new strategic partnership with CyberSource Corporation (Nasdaq:CYBS), a leading provider of electronic payment and risk management solutions. CardinalCommerce has integrated its Cardinal Centinel(r) Platform with CyberSource's payment management services to provide CyberSource merchants with continued, strengthened support for Verified by Visa (VbV) and MasterCard(r) SecureCode(tm) (MCSC).
Through the partnership, CyberSource is able to leverage Cardinal's team, which provides active monitoring and quality assurance so participating merchants receive the maximum benefits of VbV and MCSC -- including the potential for fraudulent chargeback protection and interchange savings. By utilizing Cardinal's hosted platform, CyberSource customers will also have the benefit of improved reliability and speed for VbV and MCSC transactions. Enhanced transaction performance and Cardinal quality assurance review are designed to create an optimized authentication experience for both merchants and their customers.
"To be entrusted by one of the world's premier online fraud prevention companies is a great achievement for Cardinal," said Tim Sherwin, EVP/CMO, CardinalCommerce. "We are proud of the incredible growth, adoption, and evolution of our Cardinal Centinel platform that has brought us to this very important partnership. Clearly, we are excited to bring our enhanced payer authentication offering together with CyberSource's well-known payment services to grow our business."
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About CyberSource
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 253,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States including Bellevue, Washington and American Fork, Utah. For more information on CyberSource please visit www.cybersource.com or email info@cybersource.com. For more information on Authorize.Net small business solutions, please visit www.authorize.net or email sales@authorize.net.
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce. Cardinal Centinel(r)* enables payment brands such as Verified by Visa, MasterCard(r) SecureCode(tm), Amazon Payments(tm), Bill Me Later(r), Clickandbuy(tm), Ebates(tm), eBillme(tm), eLayaway(tm), Google(tm) Checkout, Green Dot(r) MoneyPak(r), Mazooma(tm), MyECheck, NACHA(r) Secure Vault Payments (SVP), PayPal(tm), RevolutionCard(tm), Western Union(r), Ukash(tm), and more to a network of thousands of merchants and merchant service providers. Our mobile commerce platform, Cardinal MAX(tm), makes it simple for retailers to sell and market products through the mobile channel. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors the ability to conduct authenticated Internet, wireless and mobile transactions safely and securely. Headquartered in Cleveland, Ohio, with facilities in the United States, Europe, and Africa, Cardinal services a worldwide customer base.
For more information, visit www.cardinalcommerce.com
