HBL partners CyberSource for internet acquiring service

Wednesday 19 March 2014 14:24 CET | News

The Pakistani bank Habib Bank (HBL) has launched internet acquiring in partnership with Visa’s division CyberSource, a provider of credit card processing for business, electronic payment and risk management solutions.

The new service will allow ecommerce businesses to accept payments online via Visa and other scheme credit and debit cards.

CyberSource provides an array of services to process online payments, streamline fraud management, and payment security. Established in 1994, CyberSource activated in online payment and fraud management services for medium and large-sized merchants. In 2010, it became a subsidiary of Visa. Today, more than 400,000 businesses worldwide use CyberSource solutions.

HBL has launched Internet Acquiring with Aga Khan Hospital’s Patient Behbud Society for donation collection and will be bringing on other businesses such as airlines, telecommunication operators and other service providers in 2014.

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Keywords: Habib Bank, Pakistan, Cybersource, Visa, internet acquiring, electronic payment
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce