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Foster City, CA. , United States. Parent. Visa Inc. Cybersource is an American payment gateway founded in 1994. In November 2007, Cybersource acquired the U.S. small business payment services provider Authorize.net for $565 million. [1] On April 22, 2010, Visa Inc. acquired Cybersource for $2 billion. [2][3]
Authorize.Net, A Visa Solution is a United States-based payment gateway service provider, allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol (IP) connection. Founded in 1996 as Authorize.Net, Inc., the company is now a subsidiary of Visa Inc.
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CyberSource Corporation is the owner of '154 patent (U.S. Patent No. 6,029,154), [2] which describes a method and system for detecting fraud of credit card transactions through internet by using IP addresses, MAC addresses, e-mail addresses, etc. in order to determine if an address is associated with the credit card.
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