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Authorize.Net Announces New Safe Storage Option
CyberSource Corporation today announced that its
Authorize.Net solution has launched Customer Information Manager (CIM), which
allows online merchants to store their customers' payment information on
Authorize.Net's secure servers. Merchants using CIM can simplify payments for
their returning customers, as well as easily manage recurring transactions.
Because transaction data is no longer stored on merchants' servers, CIM
potentially simplifies compliance with the Payment Card Industry Data Security
Standard (PCI DSS).
CIM is designed to address the needs of merchants seeking
ways to:
Simplify their PCI DSS compliance
Process recurring transactions where the date and/or amount
is different each month (e.g. utility companies)
Process usage charges where customers are only billed when the service is used (e.g. pay-as-you-go cell phones)
Provide returning customers with the convenience of not
having to re-enter personal data
With CIM, merchants can create, view, update and delete
customer profiles that include billing, payment and shipping information. CIM
also supports multiple profiles, allowing customers to store multiple shipping
addresses or payment methods.
"Managing transaction data is a significant challenge
for merchants of all sizes," stated Roy Banks, Authorize.Net president.
"By storing customer data safely on our servers, Authorize.Net can help
our merchants with their PCI compliance, which is one of the most important
issues facing merchants today. The adoption of CIM should be a priority for any
merchant who is concerned about the secure storage of their customer
transaction data. Also, managing customer information using CIM automates the
processing of recurring transactions and enhances both the convenience and
experience for repeat customers."
Realty4Cell.com, a service which gives realtors the ability
to transmit information and photos of real estate listings via cell phone, was
one of the first Authorize.Net merchants to implement CIM in its trial phase. "Real
estate agents using Realty4Cell.com pay a minimum monthly fee and depending on
usage, also pay a per transaction fee," stated Matthew Gaiser,
Realty4Cell.com president. "Prior to implementing CIM, we had to obtain
credit card data every time our customers had a usage charge. With CIM,
however, all of that is automated through our connection with Authorize.Net,
making billing a snap. The ability to have multiple and back-up funding sources
in the event that a credit card is declined or expires is also a tremendous
bonus."
For additional information on Authorize.Net's new Customer
Information Manager, please visit the CIM product page at
http://www.authorize.net/cim. Authorize.Net merchants interested in signing up
for CIM should contact their reseller or log into the Merchant Interface and
click Customer Information Manager from the main menu on the left, then follow
the instructions to sign up.
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. Over 220,000
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 http://www.cybersource.com or
email
For more information on Authorize.Net small
business solutions, please visit http://www.authorize.net or email
.
If you're planning to join the leading companies in the payments business in the ETA Annual Meeting exhibiton hall next April, now is the time to reserve your space and make your plans. Everything you need is here .
Electronic Transactions Association
1101 16th Street NW Washington, DC 20036
Toll Free: 800.695.5509 Tel: 202.828.2635
Tel: 202.828.2635
