Forum OpenACS Q&A: Cybercash about to go belly-up?

Posted by Edmund Lian on 03/03/01 03:59 AM

Anybody else notice that Cybercash has filed for bankruptcy protection? It's still alive, but for how much longer I wonder. See WSJ. Hmm...

2: Response to Cybercash about to go belly-up? (response to 1)

Posted by Don Baccus on 03/03/01 04:33 PM

It appears they're still getting bought but in a way much less
favorable to them, and that Chapter 11 is their bridge until the deal
gets restructured. The deal restructuring is due to the (ahem) less
than stellar performance of the stock market recently.

3: Response to Cybercash about to go belly-up? (response to 1)

Posted by Bart Teeuwisse on 06/21/01 11:51 PM

Maybe not belly up, but their service doesn't seem to be available to
new customers anymore. Read
http://www.cybercash.com/integration/verisignfaq.html for more
information.

Maybe that in the future after Verisign's PayFlow and Cybercash's
CashRegister services have merged that there will be a similar service
available again. In the meantime other credit card gateways are not as
feature rich as CashRegister.

Has anyone looked into Intellipay and authorize.net? Intellipay is
lacking an API to void transactions but authorize.net might be a viable
alternative. Any thoughts, insights or experiences?

4: Response to Cybercash about to go belly-up? (response to 1)

Posted by Gustavo Garcia on 08/14/01 11:01 PM

Bart, just yesterday I spoke with an intellipay agent who told me
that all development should be done via the autorize.net website. He
explained also that Intellipay is merely one of many vendors
(gateways?) who
sell the authorize.net service to merchants. I just got a merchant
number from Intellipay a few days ago and yet I was told to not use
intellipay.com
to do transactions, but instead use autorize.net. Low and behold, my
merchant user id and password DO work on authorize.net, which,
judging by what you said earlier would allow me to do
cancellations... We'll see. As I have no experience whatsoever
developing aolserver adp scripts nor tcl scripts, my learning curve
will be steep, so anyone reading this message, if you're ahead of me
and have code/experience to share, please share of it as much as
your kindness allows, that I will do the same!

5: Response to Cybercash about to go belly-up? (response to 1)

Posted by Bart Teeuwisse on 08/15/01 09:02 PM

Gustavo,

Authorize.net is definately the better of the two as it has a more complete API. However, it is missing the ability to refer to transactions by your order number. The importance of that is dicussed in the ecommerce status? thread.

Nevertheless, I think that Authorize.net could be a decent replacement for Cybercash as long as you are aware of its limitations. Especially for smaller ecommerce sites like the one I'm working on.

I will start working on an integration between Authorize.net and the ACS 4 ecommerce module in a week or 2. If you have any questions post them on this forum.

6: Response to Cybercash about to go belly-up? (response to 1)

Posted by Don Baccus on 08/16/01 12:59 AM

Gilbert Wong is interested in adding additional settlement options to OpenACS 4 ecommerce, to (he's doing the port to PG). You guys ought to touch base.

Also, Neophtyos and Kapil have been designing an ACS Services Contract
which will replace acs-interfaces with something somewhat more feature-complete. Among other things this package will act as an intermediate between packages that need to communicate. Setting up the ecommerce requirements for interfacing to various payment gateways
would simplify the writing of drop-in packages to them.

Expect more information on ACS Services Contract in a week or so.