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/ Marketing
Afraid of fraud, 30% of U.S. e-retailers block orders from some countries
E-retailers are looking abroad for sales as the domestic economy sinks, but many are wary of the risk that such orders pose. 30% of merchants that accept international orders online have stopped taking orders from one or more countries because of fraud.
Posted 02/10/2009Katie DeatschPost a comment
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/ Technology
New service helps merchants gain on credit card chargebacks
Many online retailers are missing out on opportunities to win chargeback disputes, says CyberSource, which has launched a Chargeback Recovery service. A common oversight: Customers getting duplicate credits for the same chargeback.
Posted 10/30/2008Paul DemeryPost a comment
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/ Technology
PropertyRoom.com to handle payments for third-party sellers
The online auction site for legally recovered property opened its platform to third-party sellers last year. Now, it’s built a system that will accept payments on their behalf.
Posted 08/10/2006Paul Demery1 comments
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/ Technology
Q1 revenue at CyberSource up 40% year-over-year
Revenue at CyberSource Corp., a provider of Internet payment and security applications, rose 40% to $15.6 million for the first quarter ended March 31, the company said.
Posted 04/24/2006Kurt PetersPost a comment
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/ Technology
Merchants recover 17% of fraudulent chargebacks, study finds
Online merchants challenge 43% of credit card chargebacks and recover losses from 39% of those challenges, resulting in a net recovery of 17% of chargebacks, CyberSource says in a study of online fraud.
Posted 12/08/2005Paul DemeryPost a comment
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/ Technology
New CyberSource release aims to find fraud faster and cut processing costs
Functionality in the automated order review system flags unusual order patterns that could indicate fraud. Another feature cross-matches order information with a merchant’s negative list to halt suspicious orders prior to payment authorization.
Posted 08/11/2005Mary WagnerPost a comment
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/ Technology
53% of online retailers view instant credit service as risky, study says
53% of online retailers said they believe instant credit or invoicing services to be “much more risky” than credit cards, CyberSource says.
Posted 02/03/2005Paul DemeryPost a comment
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/ Technology
PayPal extends its market ambitions with CyberSource agreement
Payment processor CyberSource Corp. today reported that it is making PayPal acceptance available to its merchant base, the first payment processor to do so. PayPal boasts more than 31 million account holders.
Posted 10/09/2003Kurt PetersPost a comment
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/ Marketing
CyberSource and E4X combine for an overseas payment offering
The new CyberSource Multi-currency Service combines through a single interface E4X`s ability to manage currency conversion risks for sellers and buyers with CyberSource`s payment and risk management services.
Posted 05/21/2003Kurt PetersPost a comment
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/ Technology
Growing fraud--and the threat of more--drive more e-retailers to encryption
The proportion of businesses that sell over the Internet and who are encrypting stored credit card numbers increased by 23% over the past year, reports Cybersource’s fourth annual fraud survey.
Posted 11/27/2002Kurt PetersPost a comment
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