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Home : Press Room : CyberSource® Provides Secure, Reliable Payment Processing and Fraud Management Functionality for the Oracle® E-Business Suite

CyberSource Provides Payment Processing Functionality for Oracle eBusiness Suite

Introduces New Integration Cassette for Seamless Assimilation of CyberSource Software and/or Services With Oracle iPayment

MOUNTAIN VIEW, Calif., June 25, 2002

CyberSource Corporation (Nasdaq: CYBS), a leading provider of electronic payment and risk management solutions for enterprise businesses, today announced availability of a new integration cassette that provides secure, reliable payment processing and risk management functionality for the Oracle® E-Business Suite.

The new cassette allows easy, seamless integration of the CyberSource Payment Service or the CyberSource Payment Manager software with Oracle iPayment to facilitate electronic payment processing across Oracle applications. The CyberSource payment solution, implemented through installation of one of the CyberSource integration cassettes, works behind the scenes to authorize and settle electronic payments through built-in connections with third-party processors and merchant banks. The integration cassettes also provide access to CyberSource fraud solutions to help protect businesses from accepting fraudulent transactions.

"We have made our payment processing and risk management solutions very accessible by building pre-integrations with industry leaders like Oracle. This approach ensures that enterprise customers can easily integrate CyberSource's solutions into their existing IT environment, consistent with CIOs' desires to leverage prior investments and rationalize their infrastructure," said Dave Daetz, Senior Vice President of Corporate Business Development, Marketing, and Product Management at CyberSource.

CyberSource Payment and Fraud Management Solutions

The CyberSource payment solution, available as an outsourced service or in-house managed software, operates behind-the-scenes to authorize and settle electronic payments, including credit, procurement and debit card and electronic check transactions. Developed for large enterprises with demanding needs, CyberSource payment solutions support web, call center, IVR and POS sales environments. CyberSource payment solutions integrate smoothly with major commerce platforms, ERP and CRM systems, and are designed for compatibility and interoperability with new standards and protocols. Further, with the CyberSource payment service, which leverages the industry's most advanced asymmetric encryption standards, enterprise businesses can rely on fast, secure, reliable, electronic payment service, worldwide, without the complexity of maintaining an in-house system.

Both CyberSource software and outsourced payment service options provide real-time, multiple currency support and seamlessly integrate with CyberSource's risk management solutions, giving businesses a powerful way to protect against losses from fraud. CyberSource risk management solutions include a combination of software and services designed to address the four key aspects of a thorough fraud management system — decision management, fraud screening, case review, and risk analysis. There is software available to provide central control of these components via a single intuitive business management interface. Components of the CyberSource risk management solutions can be purchased separately or as pre-packaged, tailored offerings to meet the specific needs of enterprise businesses with serious fraud problems in credit-card-not-present (CNP) sales channels.

More on CyberSource payment and risk management solutions:

http://www.cybersource.com/solutions/

The Oracle iPayment integration cassette is available from CyberSource by calling 1-888-330-2300.