H&R Block Extends Commitment to CyberSource Payment Services
Hosted solution ensures scalability and security during demanding tax season
MOUNTAIN VIEW, Calif., March 18, 2003
CyberSource Corporation (NASDAQ: CYBS), a leading provider of electronic payment and risk management solutions, today announced that H&R Block, Inc. has extended its agreement to utilize CyberSource Payment Services. Under the terms of the agreement, CyberSource enables online credit card and electronic check payment for tax preparation tools, services, and software available on the H&R Block, Inc. web site at http://www.hrblock.com.
"H&R Block's reputation relies on providing quick, professional and completely trustworthy service to our clients," said Aaron Horvath, director of online products at H&R Block. "CyberSource has supported us by delivering the scalability, reliability and service support levels that are critical to our business. We're happy to expand our original agreement."
CyberSource Payment Services allows real-time payment for H&R Block taxpayer products and services via credit, debit, procurement card and electronic check, providing H&R Block a fast, secure, reliable, electronic payment service without the complexity of maintaining an in-house system.
About H&R Block
H&R Block Inc. (www.hrblock.com) is a diversified company with subsidiaries that deliver tax services and financial advice, investment and mortgage products and services, and business accounting and consulting services. The world's largest tax preparation company, H&R Block in fiscal year 2002 served nearly 21 million clients in approximately 10,400 retail offices worldwide and with award-winning TaxCut® software and online services. It is the only major tax preparation and financial services company that focuses primarily on helping middle-income Americans achieve their financial objectives. Investment services and securities products are offered through H&R Block Financial Advisors Inc., member NYSE, SIPC. H&R Block Inc is not a registered broker-dealer. H&R Block Mortgage Corp. offers retail mortgage products. Option One Mortgage Corp offers wholesale mortgage products and a range of mortgage services. RSM McGladrey Inc. serves mid-sized businesses with accounting, tax and consulting services. Additional information is available on the company's Web site at www.hrblock.com.
Could Not Process Widget with Tag Name (AboutCyberSource3000)Editorial Contact:
Bruce Frymire
CyberSource Corporation
650.965.6042
bfrymire@cybersource.com
© 2010 CyberSource Corporation, a Visa company. All rights reserved.
