CyberSource Extends E-Commerce Suite - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

CyberSource Extends E-Commerce Suite

CyberSource Corp. yesterday added a shipping-related service to its suite of E-commerce offerings. Company executives said [email protected], short for delivery address verification, is intended to help Web merchants avoid shipping errors due to order-entry errors that may crop up in the transaction process.

"We have seen [email protected] cut the incidence of returned goods from 3% to well under 1% by identifying undeliverable addresses early in the order flow," said Richard Lancaster, president of CobWeb Inc., an E-commerce solution provider, in a statement. "When you're shipping 100,000 pieces at $20 apiece, that kind of reduction results in huge cost savings."

CyberSource's offerings include services such as online payment processing and credit-card fraud protection. It provides these services directly to approximately 400 merchant sites on the Web, including Internet retailers that sell computers, such as Buy.com, as well as other types of merchants such as MotherNature.com, an online retailer of vitamins.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How to Create a Successful AI Program
Jessica Davis, Senior Editor, Enterprise Apps,  10/14/2020
News
Think Like a Chief Innovation Officer and Get Work Done
Joao-Pierre S. Ruth, Senior Writer,  10/13/2020
Slideshows
10 Trends Accelerating Edge Computing
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/8/2020
Register for InformationWeek Newsletters
Video
Current Issue
[Special Report] Edge Computing: An IT Platform for the New Enterprise
Edge computing is poised to make a major splash within the next generation of corporate IT architectures. Here's what you need to know!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll