CyberSource Acquires BidPay

MOUNTAIN VIEW, Calif., March 7, 2006

CyberSource Corporation (NASDAQ: CYBS), a leading provider of electronic payment and risk management solutions, today announced that it has acquired BidPay.com, Inc. from First Data Corporation. In exchange for $1.8 million in cash, CyberSource acquired proprietary technology, databases, and certain intellectual property rights, including exclusive rights to the BidPay.com brand. BidPay will be operated as a wholly owned subsidiary of CyberSource. CyberSource intends to re-launch BidPay in the coming months.

Launched in 1999, BidPay was one of the original payment options available to serve online auctions. BidPay developed a proven platform based on proprietary technology and acquired over 4 million registered users prior to ceasing operations in December 2005. In addition to an intuitive interface and robust functionality, BidPay focused on developing and refining risk and fraud management. The BidPay brand achieved market recognition and enjoyed a base of repeat users on eBay and other online auction sites.

About CyberSource

CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Over 13,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource's web site at www.cybersource.com or email info@cybersource.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995

Statements in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the company's expectations, objectives, anticipations, plans, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements in this release include, without limitation, statements regarding: (1) re-launch schedule for BidPay, (2) features and functionality of the BidPay service; and, (3) BidPay achieving market recognition. Factors that could cause actual results to differ materially from the forward looking statements include risks and uncertainties such as the inability to enter into a purchase agreement prior to expiration of the exclusivity period, unsolicited bids from third parties, new products and services offerings by the company's competitors, any unforeseen event or any unforeseen system failures, and other risks indicated in our filings with the Securities and Exchange Commission. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should also refer to the documents filed by CyberSource with the Securities and Exchange Commission, specifically the annual report filed on Form 10-K for the year ended December 31, 2004, filed with the Securities and Exchange Commission on March 10, 2005, and our quarterly reports filed on Form 10-Q from time to time, all of which identify important risk factors.

Editorial Contact:
Bruce Frymire
CyberSource Corporation
650.965.6042
bfrymire@cybersource.com

© 2010 CyberSource Corporation, a Visa company. All rights reserved.