Virgin Wines Selects CyberSource® to Power eCommerce Business
CyberSource to Provide Online Wine Retailer Virgin Wines, Part of the International Virgin Group, with its Payment Services
London & Mountain View, Calif. June 23, 2000
CyberSource International Ltd, a wholly-owned subsidiary of CyberSource Corporation (Nasdaq: CYBS), a leading provider of mission-critical eCommerce transaction services, today announced that Virgin Wines, part of the international Virgin Group, has deployed CyberSource Payment Services for its online store.
Launched today, Virgin Wines (www.virginwines.com) will sell over 20,000 different wines and offer visitors wine tours, search facilities and a personalized "wine wizard" to help visitors find wine according to their taste.
CyberSource, partnering with Blue Martini, will run its payment services for Virgin Wines on a Solaris platform. With CyberSource's payment services integrated into virginwines.com, the site quickly processes real-time authorization and settlement of major credit cards from around the world.
"CyberSource is the right partner to help Virgin launch this unique online retailing initiative on an international scale," said Rowan Gormley, chief executive at Virgin Wines. "We are confident that they can provide us with the payment services we need to drive our new eCommerce venture forward on a global basis."
Neil Cook, managing director for CyberSource Ltd, comments, "Virgin can now concentrate on extending its brand name to selling wines online, confident that we are providing them with a secure trading environment in which to operate." He continues, "Virgin Wines chose to outsource their payment services to CyberSource because we offer a transaction infrastructure that will enable them to process their orders quickly and efficiently."
CyberSource provides online businesses with an outsourced suite of eCommerce transaction services* available on an 'a la carte', 'pay as you grow' basis. Online businesses of all types can easily implement the company's back-end eCommerce transaction services and avoid major investments in software and staffing. The CyberSource Internet Commerce Suite™ includes: Credit Card Services, Electronic Check Services, Gift Certificate and Promotional Services, Internet Fraud Screen enhanced by Visa, Fulfillment Messaging, Delivery Address Verification, Digital Delivery, Digital Warehousing, Policy Compliance, and Export Compliance.
*Some of the services may not be available or applicable outside the United States. CyberSource Internet Fraud Screen enhanced by Visa is available only to businesses within the U.S. CyberSource Internet Fraud Screen is available to businesses outside of the U.S.
About Virgin Wines
Virgin Wines, the online wine shop, is designed to offer customers a tailored service to help take the guesswork out of discovering new wines. There are 17,500 wines to choose from, the largest selection of wines available in the world from one retailer. Virgin Wines can be found at www.virginwines.com. It is open for business 24 hours a day, 7 days a week 365 days of the year. Customers can also contact the Virgin Wines call center at 011 44 0845 603 63 63.
Editorial Contact:
Bruce Frymire
CyberSource Corporation
650.965.6042
bfrymire@cybersource.com
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