CyberSource Corporation, a provider of risk management and electronic
payment solutions for enterprise businesses, plans to release the
CyberSource Payment Manager version 4.0, a payment processing
software package that features new support for SolarisTM
Operating Enviornment (Solaris OE). In addition, Payment Manager
version 4.0 incorporates a web-based reporting package from Cognos and
includes enhancements to its multi-merchant hosting capabilities.
"Over the past decade, many corporations have chosen to run their back
office systems on the Solaris OE platform," said Jeanne Capachin,
Senior Analyst at Meridien Research. "They are unlikely to replace
these systems with other platforms as their need to process greater
amounts of data and support additional applications becomes apparent."
CyberSource's support for Solaris OE, in addition to the current
support for Microsoft Windows NT, is consistent with its goal of
providing flexible and reliable payment solutions to high-end,
multi-sales channel organizations.
Payment Manager version 4.0 will come pre-packaged with Impromptu Web
Reports from Cognos. This new tool provides Payment Manager customers
the ability to access standard Payment Manager reports through a
web-based interface and to customize the layout, content, and format of
Payment Manager can be used to facilitate third-party hosting of
payment operations for multiple companies or multiple divisions within
a single company. With Payment Manager version 4.0, CyberSource has
enhanced the hosting capabilities of the product to enable Payment
Manager administrators to add, delete, or modify a profile of a new
merchant or company while the server continues to operate.
The CyberSource Payment Manager software is a
transaction-processing server that operates behind-the-scenes to
authorize and settle credit and debit cards and electronic checks
through built-in connections with third-party processors and merchant
banks. The software integrates with legacy front-end,
financial management and customer relationship systems, enabling
customers to develop a seamless system.
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