Business Services Industry
CyberSource turns to PayPal for online payment solution
Internet Business News, Oct 13, 2003
INTERNET BUSINESS NEWS-(C)1995-2003 M2 COMMUNICATIONS LTD
Electronic payment and risk management solutions provider CyberSource Corp has entered into an agreement with PayPal, an eBay company, so that CyberSource merchants can accept online payments by PayPal.
CyberSource claims that its online merchants can now increase the security, cost-effectiveness and convenience of their online transaction processes. Also, the new agreement advances CyberSource's strategy to provide its e-commerce merchants with a single source payment solution.
The financial terms of the agreement were not announced.
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