British Airways Selects CyberSource for Payment and Fraud Prevention Services
MOUNTAIN VIEW, Calif., November 5, 2003
British Airways has selected CyberSource Corporation (NASDAQ: CYBS) to be its payment service provider, supporting direct ticket sales made via British Airways' internet and telephone sales channels. Services contracted from CyberSource include credit and debit card authorization and settlement, payer authentication, and fraud screening. Phased deliveries begin in December 2003, with all services scheduled to be up and running by April 2004.
"We are gratified that our focus on international payment and risk management is achieving growing attention and success," said George Jathas, CyberSource's SVP Worldwide Sales. "British Airways is determined to create the fastest, most secure online payment capability in the world and we are delighted to play a role in that ambitious undertaking."
Could Not Process Widget with Tag Name (AboutCyberSource3000)
About British Airways
British Airways is the world's biggest international airline, carrying more passengers from one country to another than any of its competitors. Also one of the world's longest established airlines, it has always been regarded as an industry-leader.
Last year, more than 44 million people chose to fly on the 499,000 flights that it operated. That's the equivalent of 80 passengers checking in every minute around the clock, and a British Airways flight taking off or landing every 60 seconds. The airline also carried more than 907,000 tonnes of freight and mail last year (up 1.1 per cent on the previous year) - equivalent to one tonne loaded every 35 seconds.
British Airways is one of the founding partners of the oneworld alliance, which took off in February 1999.
