CyberSource® Introduces Enhanced Payment Processing Software Tailored for Enterprise-Class, Multi-Sales Channel Businesses
New CyberSource Payment Manager™ Version 4.0 Adds Support for Sun Solaris, Provides Robust Web-Based Reporting and Improves Hosting
MOUNTAIN VIEW, Calif., - October 9, 2001 -- CyberSource Corporation (Nasdaq: CYBS), a leading provider of risk management and electronic payment solutions for enterprise businesses, today announced plans to release the CyberSource Payment Manager version 4.0, a robust payment processing software package that features new support for Sun Solaris. In addition, Payment Manager version 4.0 incorporates a web-based reporting package from Cognos and includes enhancements to its multi-merchant hosting capabilities.
"Over the past decade, many corporations have chosen to run their back office systems on the Sun Solaris platform," said Jeanne Capachin, Senior Analyst at Meridien Research. "They are unlikely to replace these systems with other platforms as their need to process greater amounts of data and support additional applications becomes apparent."
CyberSource`s support for Sun Solaris, in addition to the current support for Windows NT, is consistent with its goal of providing flexible and reliable payment solutions to high-end, multi-sales channel organizations.
Payment Manager version 4.0 will come pre-packaged with Impromptu Web Reports from Cognos. This new tool provides Payment Manager customers the ability to access standard Payment Manager reports through a web-based interface and to customize the layout, content, and format of those reports.
"Our customers are typically sophisticated organizations that are used to closely managing their businesses with high-quality tools. We are pleased to align with Cognos to provide them a `best of breed` data analysis solution to meet their needs," said Tracy Wilk, Vice President of Payment Product Management at CyberSource Corporation.
Payment Manager can be used to facilitate third-party hosting of payment operations for multiple companies or multiple divisions within a single company. With Payment Manager version 4.0, CyberSource has enhanced the hosting capabilities of the product to enable Payment Manager administrators to add, delete or modify a profile of a new merchant or company while the server continues to operate.
About CyberSource Payment Manager
CyberSource payment solutions are designed to give merchants the freedom to use their preferred hardware, software, database and communications technologies to connect virtually any sales channel to their preferred payment processor.
The CyberSource Payment Manager software is a powerful, transaction-processing server that operates behind-the-scenes to authorize and settle credit and debit cards and electronic checks through built-in connections with third-party processors and merchant banks. The software integrates effectively with legacy front-end, financial management and customer relationship systems, enabling customers to develop a seamless system.
More on CyberSource Payment Manager software:
http://www.cybersource.com/solutions/electronic_payment/solutions/software.xml
More on CyberSource payment solutions:
http://www.cybersource.com/solutions/electronic_payment/solutions/
Availability
CyberSource expects that the CyberSource Payment Manager version 4.0 for Sun Solaris will be available Oct. 19, 2001 and that the CyberSource Payment Manager version 4.0 for Windows NT will be available Oct. 12, 2001.
About CyberSource
CyberSource Corporation is a leading provider of risk management and electronic payment solutions for enterprise businesses selling via multiple sales channels. CyberSource solutions manage transaction risk and enable electronic payment processing for Web, call center/IVR, and POS environments. CyberSource professional services designs, integrates and optimizes enterprise-wide commerce transaction systems. Over 3,000 businesses use CyberSource solutions, including over half of the Dow Jones Industrial companies. The company is headquartered in Mountain View, California, and has sales and service facilities in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource`s web site at http://www.cybersource.com or email info@cybersource.com.
Editorial Contacts:
Jennifer Jennings
CyberSource Corporation
650.965.6042
jjennings@cybersource.com
Liz Haas
atomic pr
415.703.9454
liz@atomicpr.com
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