Cybersource is an American
payment gateway
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The ...
founded in 1994.
In November 2007, Cybersource acquired the U.S. small business payment services provider
Authorize.net
Authorize.Net is a United States–based payment gateway service provider, allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol (IP) connection. Founded in 1996 as Authorize.N ...
for $565 million.
On April 22, 2010,
Visa Inc. acquired Cybersource for $2 billion.
[{{Cite news, last=Martin, first=Andrew, url=https://www.nytimes.com/2010/04/22/business/22visa.html, title=Visa Buys Cybersource for $2 Billion, date=2010-04-21, work=The New York Times, access-date=2020-04-17, language=en-US, issn=0362-4331]
See also
*
List of on-line payment service providers
References
Companies based in Foster City, California
Visa acquisitions
American companies established in 1994
Financial services companies established in 1994
1994 establishments in California
2010 mergers and acquisitions
Payment service providers
Online payments
Internet fraud