CyberSource/Codemasters Online deal
Payment services agreement signed.
READING, UK – May 18, 2009 – CyberSource Ltd., the UK-based CyberSource (NASDAQ: CYBS) subsidiary today announced that it has been selected to provide payment management services for The Codemasters Software Company Ltd., a developer and publisher of entertainment software. CyberSource was chosen following a rigorous selection process based on expertise, broad service set, and the ability to offer outsourced services and comprehensive support.
Solutions chosen by Codemasters include:
PAYMENT—Codemasters will securely process payments for its online games via CyberSource’s PCI-certified global payment processing network. Multiple payment options and over 190 countries and currencies are supported. SECURE PAYMENT DATA STORAGE— Codemasters will now store authorised customers’ payment data in CyberSource’s secure and PCI-certified datacentres. FRAUD SCREENING MANAGEMENT—CyberSource will design fraud management strategies and install and configure the associated CyberSource Decision Manager system. This system includes over 150 fraud detectors, including device fingerprinting, to control fraud loss and increase sales conversion. Any orders requiring manual review will be reviewed by CyberSource order review experts, and overall performance of the operation will be monitored by CyberSource fraud analysts.David Solari, Vice President of Codemasters Online Gaming, commented, “The popularity of online games has increased in recent years. As a result, we needed a payment, security and risk management provider with the ability to deliver a solution that could scale as we grow internationally. CyberSource’s superior functionality, comprehensive suite of products and expertise in areas we were unfamiliar with, such as PCI compliance, meant that we could completely outsource our payment and fraud requirements while we focused on our core business.”
Simon Stokes, Managing Director at CyberSource Ltd., said, “Codemasters needed an effective payment and fraud strategy that could handle the increasing complexities of a burgeoning industry. We are glad to be part of Codemasters’ eCommerce environment and look forward to supporting the growth of their online business.”
About CyberSource Ltd.
CyberSource Ltd. is the UK-based wholly-owned subsidiary of CyberSource Corporation (NASDAQ: CYBS), 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. Over 262,000 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, please visit the CyberSource Ltd web site at www.cybersource.co.uk or email uk@cybersource.com.
About Codemasters
Codemasters is a leading developer and publisher of best-selling interactive entertainment products for a global audience across multiple gaming platforms and channels. Established in 1986, the company’s dominant brands include Colin McRae DiRT, Race Driver GRID, Overlord and Operation Flashpoint; the company recently secured the exclusive worldwide video game rights to FORMULA 1. Codemasters is headquartered in Warwickshire UK, with North American operations based in Universal City, California. The company also maintains operations in Germany, France, Spain, Benelux and Malaysia. Codemasters receives over two million visitors to its web site every month, discover why at www.codemasters.com
About Codemasters Online
Codemasters Online is a leading global publisher / operator of online persistent world games. Established in 2005 and part of the wider Codemasters organisation, in a short time Codemasters Online has become one of the west’s leading gaming companies specialising in persistent world services. With a suite of successful persistent games including the hugely popular The Lord of the Rings Online™, ArchLord and forthcoming space based MMO Jumpgate Evolution, Codemasters Online is one of the fastest growing specialists in massively multiplayer online games in the world.
©2009 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.
For more information:
Danielle Cook/Sarita Sawhney
+44 (0)1628 628080
cybersource@noiseworks.com