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Reading, UK - August 28, 2008
CyberSource Ltd, a leading provider of electronic payment and risk management solutions, today announced that it is supplying its Payer Authentication service to Hertz Europe, Ltd. CyberSource Payer Authentication Service gives Hertz access to the online payment verification offered by both Verified by Visa and MasterCard SecureCode programmes through a single connection to CyberSource. Both programmes require Hertz customers to supply a separate password linked to their bank card during checkout, an added layer of security for buyer and seller.
Hertz is one of the world's largest vehicle renting companies and operates from 8,100 locations in 145 countries worldwide. The organisation is committed to providing customers with a safe and swift online reservation experience. CyberSource’s solution is now fully integrated with the Hertz Europe website, helping to authenticate web bookings and maintain customer confidence.
Lesley Lindberg, vice president, marketing at Hertz, said, “We are constantly reviewing our online reservation processes as part of an ongoing commitment to payment security and improved customer service. CyberSource’s Payer Authentication Service is flexible enough to integrate fully with our existing eCommerce systems, maintaining a streamlined consumer experience.”
Simon Stokes, managing director at CyberSource, said, “CyberSource’s robust and scalable payment and risk management solutions have a strong reputation in the travel sector. We are delighted that yet another major brand in the sector has selected us to help them deliver enhanced security with the best possible customer experience.”
To learn more about CyberSource’s Risk Management solutions, see http://www.cybersource.co.uk/solutions/risk_management/
About CyberSource
CyberSource Ltd is a wholly-owned subsidiary of CyberSource Corporation (NASDAQ: CYBS). CyberSource is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for web, call centre, and point-of-sale environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimises commerce transaction processing systems. Over 237,000 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 including Bellevue, Washington and American Fork, Utah. For more information, please visit the CyberSource Ltd web site at www.cybersource.co.uk or email uk@cybersource.com.
© 2008 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies.