READING, UK, 30th May 2007 - The Guardian Weekly has chosen a payment processing solution from CyberSource to manage international newspaper subscriptions ordered via website and telephone. CyberSource Ltd is a leading provider of electronic payment and risk management solutions.
CyberSource’s payment solution enables real-time order processing, so The Guardian Weekly immediately knows the status of the order and can promptly provide confirmation to the subscriber. Prior to implementing the service, orders were submitted for batch processing, with any unsuccessful payments followed up manually - a procedure that was both costly and time-consuming. Using CyberSource has helped streamline the process, making it easier for Guardian Weekly staff and improving the customers’ shopping experience.
Steve Clarke, fulfilment and distribution manager at The Guardian Weekly, said, “In the past, our payment process was more complex and expensive to operate. CyberSource has automated the system, allowing us to focus time and resources on growing our subscriber base.”

“CyberSource’s solutions are designed to be scalable and to help streamline the online payment process,” said Mike Walsh, senior vice president, worldwide sales for CyberSource Corporation. “We are delighted that The Guardian Weekly has chosen CyberSource to support their online business and we look forward to working with them.”

For more information on CyberSource payment processing, please go to: http://www.cybersource.co.uk/products_services/payment_processing/index.html

About CyberSource
CyberSource Ltd is a wholly-owned subsidiary of CyberSource Corporation (NASDAQ: CYBS). CyberSource is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for web, call centre, and point-of-sale environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimises commerce transaction processing systems. Approximately 20,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource’s web site at www.cybersource.co.uk or email uk@cybersource.com.

© 2007 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S., UK, and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies.

For more information, please contact:
Sarita Singh
Noiseworks
+44(0)1628 628080
saritas@noiseworks.com

Published on: 12:00AM on 30th May 2007