API helps resellers enroll merchants on ecommerce site.
Press Release Summary:
Merchant Boarding Application Programming Interface (API) allows resellers to enroll merchants onto Authorize.Net system, automatically passing data from reseller's merchant system to website. If reseller has Web application that allows merchants to self-provision, entire merchant account and payment gateway setup process can be fully automated. Merchant's information is automatically entered into both reseller and Authorize.Net systems simultaneously.
Original Press Release:
Authorize.Net Streamlines Reseller Sign-ups
LAS VEGAS, April 15 / / - 2008 ETA Annual Meeting & Expo - CyberSource Corporation (NASDAQ:CYBS) today announced the upcoming release of a new Merchant Boarding Application Programming Interface (API) from its Authorize.Net small business solution. The Merchant Boarding API allows resellers to more simply and efficiently enroll ("provision") merchants onto the Authorize.Net system. Resellers no longer have to manually re-enter new merchant data into the Authorize.Net merchant boarding system. Instead, the API automatically passes the data from the reseller's merchant system to Authorize.Net. Redundant data entry is eliminated, saving resellers time and money. If the reseller has a Web application that allows the merchants to self-provision, the entire merchant account and payment gateway setup process can be fully automated, saving even more time and effort. The merchant's information is automatically entered into both reseller and Authorize.Net systems simultaneously.
"This is just another way that resellers can leverage Authorize.Net to become more efficient," stated Roy Banks, Authorize.Net president. "Our goal is to continue to develop innovative solutions like the Merchant Boarding API that simplify processes and allow our resellers to do what they do best -- sell to and service their merchants. We hope all of our resellers will take advantage of this opportunity to automate their merchant provisioning processes with the new API."
Stephen Goodrich, president, e-onlinedata, Inc. said, "We've been an Authorize.Net reseller for six years and during that time we've seen our business with Authorize.Net grow significantly. However, as the business grew we had to dedicate substantial time and employee resources to assist with the merchant provisioning process. Authorize.Net's new Merchant Boarding API will greatly simplify this process, and save us time and money as well. It's great to see that Authorize.Net's commitment to its resellers remains steadfast."
Availability
The Merchant Boarding Application Programming Interface is scheduled to be released in May 2008.
About CyberSource
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 228,000 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 including Bellevue, Washington and American Fork, Utah. For more information on CyberSource please visit www.cybersource.com/ or email info@cybersource.com. For more information on Authorize.Net small business solutions, please visit www.authorize.net/ or email sales@authorize.net.
2008 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies.
Source: CyberSource Corporation
CONTACT: David Schwartz, +1-425-586-6039, david@authorize.net, for CyberSource Corporation
Web site: www.cybersource.com/
http://www.authorize.net/
