CyberSource, a Visa Inc. company and a global provider of eCommerce payment services, opened a French unit in Paris that will focus on fraud management solutions for French retailers online, reports Finextra. CyberSource opened its EMEA headquarters in Reading, UK back in 1997, making the Parisian subsidiary their second expansion into Europe.
As France’s ecommerce sales increase, it is necessary to take precaution measures in fraudulent activity. With the growth of online retailers, online fraud has been rising close behind. CyberSource will lead a team of employees that will strengthen fraud management solutions for French retailers.
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