NASDAQ Comp.
05.06.2007 12:00:00
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Accretive Commerce Selects CyberSource as its Global Payment Processor
Accretive Commerce, the
leading business process outsourcer of direct-to-customer commerce
services, announced today they have formed a strategic alliance with CyberSource
Corporation (NASDAQ: CYBS), a leading provider of electronic payment and
risk management solutions, to offer CyberSource’s
payment management services to Accretive Commerce’s
clients.
Accretive customers will now be able to accept online credit card, debit
card, eCheck, PayPal, and Bill Me Later transactions. They will have the
ability to accept orders originating from 190 countries, verify
addresses, calculate sales tax, and check orders for compliance with
export regulations. Accretive Commerce’s
clients will also have the opportunity to utilize CyberSource’s
risk management services. These offerings range from fully-managed
services to advanced decision systems that automate order screening,
helping to increase sales conversion and reduce the risk of fraud.
Finally, merchants will also be able to protect their brand by using
CyberSource’s token-based secure storage
service, which helps keep sensitive payment data out of merchants’
daily business operations.
"Consumers are increasingly looking for
alternative methods of secure online payment, while merchants need the
latest in risk management to reduce their exposure to fraudulent
activity,” said Hank Reeves, Accretive
Commerce CEO. "CyberSource’s
services offer market-leading capabilities in both areas, and we believe
Accretive Commerce’s clients will be well
served through our relationship.” "Accretive Commerce, like CyberSource, has
significant experience serving some of the biggest brands in eCommerce
today,” said Carolyn Brackett, vice
president, channels & alliances, at CyberSource. "We
believe this alliance will provide Accretive with an even more complete
end-to-end outsourced eCommerce solution, including global payment and
risk management capabilities, further enhancing an already successful
offering.” About CyberSource Corporation
CyberSource Corporation is a leading provider of electronic payment and
risk management solutions. CyberSource solutions enable electronic
payment processing for Web, call center, and POS environments.
CyberSource also offers industry leading risk management solutions for
merchants accepting card-not-present transactions. CyberSource
Professional Services designs, integrates, and optimizes commerce
transaction processing systems. Approximately 20,000 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. For more information,
please visit CyberSource's web site at www.cybersource.com
or email info@cybersource.com.
About Accretive Commerce
Accretive Commerce is a market-leading business process outsourcer,
accelerating companies’ growth through a
fully integrated range of outsourced eCommerce, Customer Care, and
Fulfillment & Logistics solutions and services. Accretive Commerce has a
proven track record serving some of the world’s
best known brands such as American Eagle Outfitters, Godiva, Restoration
Hardware, and many others. The company combines market-leading
capability, scalability, and flexibility with lean six sigma process
excellence to deliver its clients a better brand experience, greater
revenues, and lower costs. Accretive Commerce has an unparalleled
commitment to customer service and a focus on brand protection that
translates into guaranteed results and value creation. For more
information, visit www.accretivecommerce.com.
© 2007 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.
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