Heartland Payment, CyberSource Partner

Transaction services company CyberSource Corp. has partnered with Heartland Payment Systems (HPS), a
subsidiary of Heartland Bank in St. Louis, MO, to provide Web merchants with
a one-stop credit card acceptance solution.

The solution offers quick and easy merchant account setup combined with
secure real-time processing of credit card payments, the companies said.
Financial arrangements between the companies were not disclosed.

The partnership enables service providers such as ISPs to supply their
merchants with a complete e-commerce transaction processing package.

HPS provides the merchant account application system, called Merchant
Provisioning System (MPS), which lets merchants apply online in a six-step
process. When combined with CyberSource eCommerce Transaction Services, MPS
allows Web merchants to begin accepting VISA and MasterCard payments in as
little as 48 hours.

“Our goal was to create a one-stop online credit card processing solution for
eCommerce merchants,” said John Waldron, vice president of Internet marketing
and sales for HPS. “The combination of CyberSource services and HPS’ 48-hour
online merchant account application process provides Web merchants with a
significant time-to-market advantage.”

ISPs can also benefit through HPS’ Value Added Reseller (VAR) Program. This
program allows VARs to earn a signing bonus and ongoing residual payment for
any merchant that joins the HPS and CyberSource merchant program.

“CyberSource eTransaction services cover the full range of e-commerce functions, from
fraud screening to delivery address verification, and are all available to
merchants taking advantage of this new one-stop program,” said Tom Clements, director of channel sales at CyberSource.

HPS is a full-service merchant card processor (for credit, debit, ATM, and
check cards), handling services that include fraud monitoring,
reconciliation, compensation, ACHing of
merchant funds, draft retrieval processing, and chargeback processing.