Talk:CyberCash

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Y2K misinformation

 On January 1, 2000, CyberCash fell victim to the Y2K Bug, causing double recording of credit card payments through their system. [1]

This entry and it's broken reference are both inaccurate and misleading.

ICVerify was a software product that CyberCash acquired in 1998. CyberCash offered a Y2K update of the ICVerify software. However not all customers downloaded the free update and subsequently may have experienced problems with duplicate transactions. CyberCash itself did not experience any y2k issues.

[1]

(Noting that Ambled added this section at 17:37, 17 June 2009)

Acquisition

Verisign did not acquire all of CyberCash's assets. First Data Merchant Services acquired the ICVerify software product to maintain for their existing installed merchant base.

[2]

(Noting that Ambled added this section at 17:37, 17 June 2009)

Company purchases

ICVerify was classified as an internet processing company. This was not correct. ICVerify was a software company which developed software to process credit cards. Most of their software used a traditional land-line with modem to call credit card processors for authorizations. The NetVerify product was a software-based application which used an internet connection to communicate with the credit card processors gateway.

Also, added reference to CyCh buying Tellan Software, which wasn't anywhere in the article.

--Robertjm (talk) 19:30, 13 January 2010 (UTC)[reply]