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
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
News
How GIS Data Can Help Fix Vaccine Distribution
Jessica Davis, Senior Editor, Enterprise Apps,  2/17/2021
Commentary
Graph-Based AI Enters the Enterprise Mainstream
James Kobielus, Tech Analyst, Consultant and Author,  2/16/2021
Slideshows
11 Ways DevOps Is Evolving
Lisa Morgan, Freelance Writer,  2/18/2021
Register for InformationWeek Newsletters
Video
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you.
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