Visa Pays $2 Mil. for Online Payment Processor
By wchung | 22 Mar, 2026
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.
SAN FRANCISCO (AP)
Articles
- The Mensch Way for Don to Smooth Over His Iran Bad
- Elon Musk Offers to Pay TSA Salaries During Partial Shutdown
- Tencent Debuts ClawBot to Take on Agentic AI from Alibaba, Baidu
- China Pledges More Balanced Trade After Record $1.2 Trillion Surplus
- Airports Step up to Feed Unpaid TSA Workers
- Don Struggles for a Face-Saving Exit from a Self-Created Nightmare
- OpenAI to Double Workforce to 8,000 by End of 2026
- BTS Comeback Concert Shuts Down Central Seoul
- United Cuts 5% of Flights, Plans for $175 per Barrel Oil
- Jeanne Grey Was An Influencer Before They Existed