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Technology / AI and automation

ORACLE SHIPS ORACLE PAYMENT SERVER 1.0

Oracle Corp has started shipping its Oracle Payment Server 1.0., which runs on the Oracle Web application server and other commerce applications to automate credit card and cash payments over the internet using either secure sockets layer 3.0 security software or limited Secure Electronic Transaction support. The actual payment systems for credit cards and cash come from ICVERIFY and CyberCash respectively and the server, which costs $10,000 per CPU, uses rules-based software routes to evaluate payment information from a company’s customers toward the relevant payment system. An administration tool enables companies to modify the payment processing systems The Oracle Payment Server comes with the Oracle Payment Server 1.0 cartridge, Oracle Web Application Server 3.01, a restricted- use license of the Oracle7r 7.3.3 Enterprise Edition data server, as well as the CyberCash Cash and ICVERIFY payment system cartridge. The server will provide full SET support on the next version of Oracle Payment Server due out in June.

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CBR Staff Writer

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