Verio, CyberSource Offer International E-Commerce
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In an effort to reach the growing e-commerce industry globally, Web hosting and e-commerce firm Verio Inc. Monday formed an agreement with CyberSource to offer electronic commerce solutions in a variety of individual currencies.
Verio has agreed to resell CyberSource's multi-currency payment processing services through Verio's distribution channels. The service will be available in 29 currencies as part of Verio's overall international e-commerce utility, designed to offer a host of storefront management applications. It is scheduled for availability on June 1.
CyberSource's offerings are made to provide merchants with a tool to present products on their Web sites in multiple currencies, while allowing shoppers to buy products in a familiar currency. Its services are offered through partnerships with IBM Global Merchant and National Westminster (NatWest) Bank.
The agreement was made to provide tap into the growing e-commerce industry worldwide, said Herb Hribar, Verio's president and chief operating officer.