Electronic Commerce Payment Systems

CYBERCASH

CyberCash’s Secure Internet Credit Card Service delivers a safe, real-time solution for merchant processing of credit card payments over the Internet. The Credit Card Service lets any consumer with a valid credit card buy from any CyberCash enabled merchant. Designed to integrate fully with existing transaction processing systems used by banks and other financial institutions, the service provides automated and instantaneous authentication, enabling order processing to traverse the Internet 24 hours a day, 7 days a week.

About CyberCash
CyberCash is an electronic payment system for processing transactions electronically. Each transaction is automatically and securely encrypted, without storing credit card information to assure the safety and privacy of Internet customers.

CyberCash works with all popular Internet browsers, hardware, software, servers, communication protocols, and Webstore applications.

Overall Benefits:
  • CyberCash functions as a front-end to existing infrastructures - CyberCash works with both the existing payment processing/banking networks and with merchant back-office systems.
  • Payment ease and convenience - The CyberCash Wallet works with any browser and can be used with almost all credit cards any time of the day.
  • Automated service/24 hours a day - 7 days a week -This can reduce overhead costs and makes smaller transactions cost effective for a merchant.
  • Payment spontaneity - Allows consumers to buy whenever they want without having to pre-establish an account or relationship with the merchant.
  • Payment security - Industrial-strength security combines DES private key and RSA public key technologies.

Learn more about CyberCash

Consumers Benefits:

  • Safe, private and easy to use. Protected by the highest allowed levels of Internet encryption with assured authentication.


  • Use existing Visa, MasterCard, American Express or Discover. No special credit cards are necessary.


  • Complete on-line payments

    • Merchant Benefits:

  • Real-time authorization and settlement


  • Receive payments instantly and secure


  • No need to maintain expensive phone or Facsimile operations


  • Open 24 hours a day

    • CyberCash Cash Register Ver. 3.2 (Merchant Connection Kit):
  • The new server-side Merchant Credit Card Processing solution
  • Extensions now hosted by CyberCash directly on their gateways
  • click here for the latest information

    • CyberCash CashRegister technology is designed for ease of use, the ability to introduce new payment services easily, operability and scalability.

    What's New about the CashRegister 3 Service?

    The key change between the CashRegister 2 and CashRegister 3 Service involves the location of the physical payment servers and software. CyberCash now handles the complex operations of payments in-house.

    For our new CashRegister 3 service, CyberCash has moved the bulk of the software code from the merchant site to the CyberCash payment services gateway.

    Instead of 20Mb of software, all you need with the CR 3 series is a 100k Merchant Connection Kit to connect your storefront to the CashRegister 3 service. CyberCash does the rest.

    The Bottom Line is that it is now dramatically easier for partners and merchants to integrate storefronts and operate payments services with the CashRegister.

    Merchants who plan to use the CyberCoin Service, or are using storebuilder applications that support the older CashRegister 2.1.4, should click here for more information.

    CyberCash Cash Register Ver. 2.1.4 (Merchant Administration Server and Extensions):

    Along with enabling secure on-line payments, the CyberCash Cashregister provides all the functions and tools necessary for managing transactions.

    Features:

  • Wallet Works with Multiple Platforms: the consumer CyberCash wallet runs on Windows and Macintosh


  • Supports Major Credit Cards: customers can shop with MasterCard, Visa, American Express and Discover cards issued world wide


  • Available at thousands of Banks: CyberCash currently provides service to credit card processors - such as FDC, GPS, NOVA, Checkfree and Wells - which can provide service to any merchant and its bank


  • Encryption: 1024-bit RSA and 56-bit DES provide the best protection legally available.

    • Benefits:

  • Real-Time, automatic sales 24 hours a day: all processes are carried out from your web site without manual intervention. Transactions occur within 15 to 20 seconds. Consumers have more payment options, so sales are increased


  • Inexpensive to integrate: because the CyberCash Credit Card Service works with over 80% of existing merchant banks, most merchants can continue their established banking and order-processing procedures.


  • A Complete Solution: to those who have a multiple order sources and need a single source for payment processing, CyberCash offers flexibility. The software reliably handles purchases, returns, credits, voids and other administrative functions.


  • Protects Against Fraudulent Use: strong key encryption consumer authentication and merchant authentication keep unauthorized individuals from obtaining credit information.

    • Transaction logging and reporting:
    To support balancing, reporting and other back-office functions, the Cashregister software automatically logs every transaction in a powerful database. All critical payment information remains in encrypted form. An easy to use, web based reporting feature provides password protected visibility into this transaction level information. To zero in on a problem a merchant can:

  • Select all or single card types (MasterCard, Visa, American Express or Discover)


  • Select all or specific transactions to be included (up to 200)


  • Search the entire log or select a specific date range


  • Search for a specific dollar amount or an amount range

    • Remote Management:
    Because many Internet store fronts are maintained by third parties such as SecureHost.Net, the CyberCash Cashregister provides merchants with a web based remote access to its many management features, including:

  • Remote queries against transaction logs


  • Merchant-initiated transaction entry (sales, credits, voids etc.)


  • End of day balancing for both terminal and host-based systems.

    • The CyberCash setup process
    According to the following URL from the CyberCash web site, there are 6 steps required to complete the entire CyberCash Credit Card Merchant setup. *Please note that we do not provide CyberCoin Merchant accounts, we only offer the CyberCash Credit Card Merchant accounts.

    http://www.cybercash.com/cybercash/merchants/getstarted.html

    Step One
    "Financial Institutions". This step is performed by you or the webmaster of your domain. Notify your bank that you are interested in accepting credit cards using CyberCash. If your bank does not set up merchant credit card accounts for CyberCash, you can e-mail CyberCash: bank@cybercash.com to request CyberCash to speak with your bank on your behalf. You can also refer to the following URL of the CyberCash domain for a list of CyberCash Partner Financial Institutions.

    http://www.cybercash.com/cybercash/financial/bankfin.html

    Step Two
    "Credit Card Agreement". This step is performed by you or the webmaster of your domain. You will need to submit a "Credit Service Agreement", complete the online registration form to register for the CyberCash credit card service. Please refer to the following URL of the CyberCash domain for the "Credit Service Agreement"

    http://www.cybercash.com/cybercash/merchants/servlic.html

    Step Three
    "Download Cash Register". This step is performed by SecureHost.Net. SecureHost.Net has a separate server that has the CyberCash Cash register software installed. SecureHost.Net will create a Merchant Administration Server account for you on our CyberCash server:

    The Merchant Administration Server account is where you will perform your various merchant tasks such as process Orders, Voids and Returns. You can also review any Order Status as well as enter Direct Credit Card Input for manual order taking. Please refer to the following URL of the CyberCash domain for the complete on-line Merchant Administration Server users guide:

    http://www.cybercash.com/cybercash/merchants/docs/html/cshrg21/cashregtoc.html

    Step Four
    "Public Key Exchange". This step is also performed by SecureHost.Net. SecureHost.Net will generate your public encryption key. SecureHost.Net will then contact CyberCash, who will create your private encryption key on their servers. Please refer to the bottom of this page for the information that you must provide SecureHost.Net for the creation of your encryption key.

    After this step is completed, you will receive three e-mail messages from SecureHost.Net Technical Support. The first e-mail will contain your user id and password for your Merchant Administration Server account on our CyberCash server (see step three above). The other e-mails will contain two CyberCash Perl scripts, invoice.cgi and pay-to.cgi. These scripts are provided by CyberCash and are to be used in the creation of your html store front (see step five below).

    Step Five
    "Merchant Support Area". This step is performed by you or the webmaster of your domain. This involves the creation of your html store front and the integration of your CyberCash scripts that you place into your /cgi-local directory. You will need to use Perl scripts to communicate between the html store front on your domain and your Merchant Administration Server account on our CyberCash server. The integration of the CyberCash scripts into your html store front will require additional Perl programming. Once you have your html store front completed, you will need to perform some "test" transactions to make sure that everything is functioning correctly.

    Please refer to the following URL of the CyberCash domain for additional information concerning the use of CyberCash with your html store front and to download additional CyberCash Perl scripts:

    http://wilder.cybercash.com/

    Please refer to the following URL of the CyberCash domain for the Merchant Support Area. This is where you can find additional information on integrating the CyberCash software into your html store front:

    http://www.cybercash.com/cybercash/merchants/support/

    If you require additional assistance with the integration of your html store front and your CyberCash scripts, please refer to the following URL of the CyberCash domain for the Merchant Development Partners:

    http://www.cybercash.com/cybercash/mdp/list_mdp.html

    As an alternative, you can use third party html store front products that include a CyberCash interface. One such product that SecureHost.Net offers is the Mercantec SoftCart. The SoftCart includes a CyberCash interface that can be used in place of the CyberCash Perl scripts. This interface does not require any additional Perl programming. For additional information, please refer to the SecureHost.Net SoftCart page:

    http://www.clearwaterfl.com/softcart.htm

    Step Six
    "Announce Yourself". This step is performed by you or the webmaster of your domain. This involves "going live" with your store. When your testing procedure is complete, CyberCash will contact you via e-mail stating that your test transactions were received correctly. You would then send an e-mail confirmation to CyberCash with a 25 word description of your site. You will then receive a final e-mail from CyberCash that states to switch your Merchant Administration Server account from "Debug" mode to "Live" mode. Please forward that e-mail to SecureHost.Net Technical support. Our system programmers will change that setting in your Merchant Administration Server account configuration file.

    These steps are detailed completely on the following URL of the CyberCash site:

    http://www.cybercash.com/cybercash/merchants/getstarted.html

    Required Information:
    To start the CyberCash installation process we require the following information:

    1. Domain name

    2. UserID

    3. Processor:

  • American Express
  • CheckFree Corporation
  • First Data Corporation
  • First USA/Paymentech, Inc
  • Global Payment Systems
  • National Processing Company
  • NOVA Information Systems, Inc.
  • SLIGOS
  • Vital Processing Services

    • Please refer to the following URL of the CyberCash domain for a current list of CyberCash Participating Processors:

    http://www.cybercash.com/cybercash/financial/processor.html

    4. AuthType:

    AuthCapture (FDC does NOT support AuthCapture for CyberCash)

  • will automatically check the credit card for authorization at the time of transaction


  • will automatically process the transfer of funds from the credit card holder at the time of transaction


  • best suited for use by a store front that is offering non-tangible items, for example on-line information or on-line access.

    • AuthOnly

  • will check the credit card for authorization during the ordering process


  • will not automatically process the transfer of funds from the credit card holder at the time of transaction


  • the orders are batched for manual processing. All batched orders that are not manually processed within 24 hours will become void


  • best suited for use by a store front that is offering tangible items that must be delivered. This eliminates the need to void transactions when items are out of stock.


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