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Takeover Cybersource by Visa

US electronic payment company Visa (NYSE:V) said Wednesday it has completed the acquisition of electronic-pay and risk management firm Cybersource (NASDAQ:CYBS) for some USD2bn (EUR1.5bn) in cash.

  • In 2005 Cybs took over CardSystems
  • In 2007 they take over Authorize.net
  • Who and what is next?

A company like Cybersource that has been growing enormously in the past few years has been taken over by 800 pound gorilla Visa

Is this the end of an agile growth machine or is the start of a new era?

American Express has seen the light as well and is now the proud owner of Authorize.net. There are only a handfull of players left to be bought by the big 3 global card schemes.

The game is moving online and the question is not if but when the poin-of-sale terminal get replaced by online methods.