Line Corporation, a Japanese internet services and mobile applications company, has formed a strategic partnership with CyberSource, a Visa company that provides eCommerce payment management services.
Through the partnership, Line will leverage CyberSource’s payment management platform to provide customers with payment security for its mobile payment service LINE Pay.
CyberSource’s global payment gateway will facilitate Line to process online payments from multiple card brands and issuers along with certain alternative payment methods.
Line will also utilise CyberSource Decision Manager, the fraud management tool which features fraud detection radar to pinpoint fraud accurately and with less manual intervention.
Line Corporation COO Takeshi Idezawa said: "With our entry into the mobile payments market, we are now able to empower our customers with more choices and flexibility in online payments.
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By GlobalData"On top of that, we are also able to protect their interests with CyberSource’s payment security expertise. We strongly believe this will be pivotal in helping us accelerate our global growth."