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CyberCash

   Also found in: Wikipedia, Hutchinson 0.01 sec.

CyberCash

A web payment processing service from CyberCash, Inc., Oakland, CA that allowed merchants to process credit cards and initiate direct transfers from customer checking accounts. Merchant transactions were sent to CyberCash servers which accessed the credit card networks and Automated Clearing House (ACH). In addition to its back-end payment processing, CyberCash also provided the InstaBuy digital wallet service that fills in the forms at any online shopping site.

One of the earliest (1995) payments systems on the Internet, CyberCash itself ran into financial trouble and declared bankruptcy in early 2001. Its North American payment services operations were quickly acquired by VeriSign, Inc., while its software assets were acquired by First Data Merchant Services Corporation. VeriSign planned to integrate CyberCash's financial processing components and customer base into its own core payment services unit. See Web payment service.



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But CyberCash has a distinct advantage over larger companies, he says, in that it caters only to banks and can afford to spend more time servicing individual customer needs.
The cyberman by Prince, C.J. / Chief Executive (U.S.)
This is how CyberCash works: When a customer makes an online purchase, a uniquely coded digital message travels to the merchant--in this case; Stewart--who confirms it and forwards it to CyberCash.
The $19.95 engagement by Koreto, Richard J. / Journal of Accountancy
3 is the first CyberCash product designed specifically for the Solaris platform.
CyberCash Launches Powerful Upgrade of WebAuthorize Electronic ... by Business Wire
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