Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
CyberSource’s fraud prevention technology is expected to help Visa to increase online use of the credit, debit and prepaid cards that bear its name. Visa is also aiming at the growing mobile payments market worldwide.
The purchase price of $26 per share represents a 34 percent premium over Mountain View, Calif.-based CyberSource’s Tuesday closing price.
Articles
- Global Aviation in Worst Crisis Since Pandemic on Drone Strike Concerns
- Pyongyang Fires 10 Ballistic Missiles During US-S. Korea Drills
- Musk Teases Tesla AI Terafab to Leapfrog Nvidia Chip Shortage
- White House AI Czar Says US Should Declare Victory and End Iran Conflict
- Asian Chefs Are Dominating LA’s Michelin Guide
- Apple MacBook Neo Deemed Most Reparable Laptop in History
- US Farmers Lose Critical Fertilizer for Planting Season Due to Mideast Conflict
- US Withdraws Plan to Further Burden Close Allies Wanting AI Chips
- The Asian Penis Myth and Why Some Still Cling to It
- Xaivian Lee Eyes Championship Run with Gators
- How Maggie Kang Created a Global Media Phenomenon
Videos
- Goldsea Archival Homepage (2003 - 2012)
- Asian American Polls
- Asian American Parenting
- Personalities
- Identity
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians