FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bodine John

2. Date of Event Requiring Statement (MM/DD/YYYY)
1/27/2009 

3. Issuer Name and Ticker or Trading Symbol

CYBERSOURCE CORP [CYBS]

(Last)        (First)        (Middle)

C/O CYBERSOURCE CORPORATION, 1295 CHARLESTON ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
VP, Sales and Marketing /

(Street)

MOUNTAIN VIEW, CA 94043       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy)   1/27/2009   2/27/2017   Common Stock   7320   $11.21   D    
Incentive Stock Option (right to buy)   1/27/2009   9/15/2014   Common Stock   360   $3.25   D    
Incentive Stock Option (right to buy)   1/27/2009   11/15/2015   Common Stock   2515   $6.10   D    
Incentive Stock Option (right to buy)   1/27/2009   2/17/2016   Common Stock   3593   $6.81   D    
Nonqualified Stock Option (right to buy)   1/27/2009   2/27/2017   Common Stock   158   $11.21   D    
Nonqualified Stock Option (right to buy)   1/27/2009   11/1/2013   Common Stock   25000   $15.60   D    
Nonqualified Stock Option (right to buy)   1/27/2009   3/10/2014   Common Stock   25000   $12.70   D    
Nonqualified Stock Option (right to buy)   1/27/2009   11/17/2014   Common Stock   75000   $9.57   D    

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bodine John
C/O CYBERSOURCE CORPORATION
1295 CHARLESTON ROAD
MOUNTAIN VIEW, CA 94043


VP, Sales and Marketing

Signatures
/s/John Bodine 2/13/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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