System News
CyberSource Payment Manager Version 4.0
Support for Solaris Operating Enviornment
October 22, 2001,
Volume 44, Issue 4

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 those reports.

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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