Alipay Enhances Cyber Fraud Management and Enlists CyberSource to Support Growing Cross-Border Transactions

SINGAPORE/CHINA — 18 January 2012 —

Alipay, an affiliate of Alibaba Group and China’s leading third-party online payment company, has chosen CyberSource, a Visa company (NYSE: V), as its fraud management solutions provider. As online fraud is becoming increasingly sophisticated, widespread and harder to detect, CyberSource solutions will enable Alipay to offer their merchants real time protection while ensuring a positive experience for buyers from around the world.

With over 650 million registered users and 460,000 cooperating merchants, Alipay is well-positioned for next-stage development by further capitalizing on the rapid growth in global e-commerce. Leveraging CyberSource’s industry-recognized solutions, namely Decision Manager which features the world’s largest fraud detection radar, and the Performance Monitoring Service, staffed by CyberSource’s experienced fraud management team, Alipay can further enhance its capabilities to fight against the growing menace of cyber fraud.

Michael Bradley, Managing Director at CyberSource, said, “Given the proliferation of the Internet and the growth of eCommerce, online fraud has evolved to a stage whereby cyber criminals tend to be, more often than not, highly sophisticated and likely part of organized crime. The need for a robust, real-time solution that can detect fraud quickly, help make confident decisions promptly, and increase process efficiency without impacting customers’ experience is of paramount importance. We are excited about the opportunity to support Alipay in safeguarding the interests of their customers and enabling the growth of ecommerce in China; and in doing so, help Alipay expand their business internationally.”

Headquartered in the United States, CyberSource maintains offices throughout the world and has a strong presence in Asia, including China. Therefore, in addition to CyberSource’s Global Fraud Team facilitating true and highly responsive 24/7 order processing and review operations, Alipay will also benefit from the world-class support provided by a dedicated team of CyberSource professionals based in China.

For more information on CyberSource products, visit www.cybersource.com/asiapacific.

About CyberSource

CyberSource Corporation, a wholly-owned subsidiary of Visa Inc., is a payment management company. Over 390,000 businesses worldwide use CyberSource and Authorize. Net brand solutions to process online payments, streamline fraud management, and simplify payment security.

The company is headquartered in San Francisco and maintains offices throughout the world, with regional headquarters in Singapore (Asia Pacific), Tokyo (Japan), Miami/Sao Paulo (Latin America and the Caribbean), and Reading, U.K. (Europe/Middle East/Africa).

CyberSource operates in Europe under agreement with Visa Europe. For more information, please visit www.cybersource.com/asiapacific.

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