CYBS Cybersource (MM)

READING, England, April 10 /PRNewswire/ -- CyberSource Ltd., a leading provider of electronic payment and risk management solutions, announced today that it has been selected to supply the electronic payment processing for Avis Europe's new website (http://www.avis.co.uk/). (Logo: http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO ) Avis is currently updating its internet reservation site across the UK and Europe, as part of an initiative to improve customer service and make car rental reservations both faster and simpler. CyberSource will help Avis reach these goals by enabling the company to accept payments in a range of currencies to cater for consumers across Europe. CyberSource's payment infrastructure is highly secure and robust, and designed to scale to meet peaks in demand, helping Avis' customers have a safe and swift online experience. "The new website is a key part of our strategy to differentiate the consumer experience," said John Phipps, director of web development for Avis Europe. "We needed a reliable payment processing solution that could seamlessly integrate with our website. In our opinion, CyberSource's payment service proved to be the best solution available." Michael Walsh, senior vice-president, worldwide sales for CyberSource said, "CyberSource's experience in delivering robust eCommerce payment solutions was a key factor in securing the contract. Avis required a dependable solution to help protect the brand name and we are delighted to have been chosen to support their growing online business." 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 center, 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 optimizes commerce transaction processing systems. Over 18,000 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 http://www.cybersource.co.uk/ or email . NOTE: CyberSource is a registered trademark in the U.S., U.K., and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies. http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO http://photoarchive.ap.org/ DATASOURCE: CyberSource Ltd. CONTACT: UK, Vicky Cayzer of Noiseworks, +01628-628080, or , for CyberSource; or US, Bruce Frymire of CyberSource, +1-650-065-6042, or Web site: http://www.cybersource.co.uk/ http://www.cybersource.com/ http://www.avis.co.uk/

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