Jet Airways First Indian Airline to Implement Automated Online Risk Management Solution CyberSource Provides Online Fraud Solution

Released on: October 15, 2007, 1:39 am

Press Release Author: JetAirways

Industry: Transportation & Logistics

Press Release Summary:
Jet Airways First Indian Airline to Implement Automated
Online Risk Management Solution
CyberSource Provides Online Fraud Solution

Press Release Body: MUMBAI, India, READING, U.K., and MOUNTAIN VIEW, Calif., USA -
11 October 2007 - Jet Airways, India's premier airline, is the first airline in
India to implement an automated online risk (fraud) management solution. CyberSource
Ltd., a wholly owned subsidiary of CyberSource Corporation (NASDAQ: CYBS), a leading
provider of electronic payment and risk management solutions, is providing its
Decision Manager solution to Jet Airways to help streamline online risk management
processes and reduce fraud.

Historically, Jet Airways has relied on internal solution and review processes when
managing its online payments. In keeping with its philosophy of innovative
solutions, Jet Airways was quick to realize the need to update its procedure with an
automated and flexible risk management solution that could be specifically tailored
to the Indian market. Jet Airways selected CyberSource's Decision Manager based on
the product's proven flexibility, reliability, scalability, as well as CyberSource's
reputation in the payment industry.

Decision Manager automatically evaluates transactions in real-time, and based on a
combination of rules determined by Jet Airways, the airline is able to estimate
whether the online ticket purchase should be accepted, rejected or reviewed. All
this happens within a span of a few seconds. The rules can be updated at any time
via an easy-to-use business interface. This flexibility enables companies to
continually adapt fraud screening strategies to meet the unique requirements in the
marketplace.

Mr. Gaurang Shetty, vice president, marketing at Jet Airways, commented, "In keeping
with our traditions of being first movers in Indian aviation and employing the
world's leading-edge technology, we implemented CyberSource's solution, Decision
Manager, which we believe will help us take proactive action on suspect online
ticket purchases, thus reducing fraud. We are committed to customer data security
with credit card security being a top-most priority at Jet Airways." Mr. Shetty
further added, "Our recently implemented enhanced online payment security, viz.
Verified by Visa and MasterCard SecureCode, along with Decision Manager, will now
give our customers further confidence to transact using their credit cards on
jetairways.com."

Dr. Akif Khan, head of client and technical services at CyberSource, said, "We have
been working closely with Jet Airways to understand the fraud trends in India and to
help ensure that our solutions meet the unique requirements of this market. Our
experience in the airline industry together with the robust and scalable nature of
Decision Manager, were key factors in securing this contract. By understanding the
major payment and risk management challenges in India, CyberSource offers merchants
a combination of local market knowledge and industry expertise, with the goal of
helping Indian organizations maximize their online revenue opportunities."



Jet Airways, The Spirit of New India

Jet Airways currently operates a fleet of 66 aircraft with 5 Boeing 777-300 ER, 50
classic and next generation Boeing 737-400/700/800/900 aircraft, 4 Airbus A330-200
aircraft and 7 modern ATR 72-500 turboprop aircraft. With an average fleet age of
5.1 years, the airline has one of the youngest aircraft fleets in the world. Jet
Airways operates over 340 daily flights to 53 destinations that span the length and
breadth of India and beyond, including New York (Newark), Toronto, London Heathrow,
Singapore, Kuala Lumpur, Colombo, Bangkok, and Kathmandu. The airline plans to
further extend its international operations to other cities in North America,
Europe, Africa and Asia in the coming years with the induction of wide-body aircraft
into its fleet in 2007. Since its inception in May 1993 until August 2007, Jet
Airways has flown over 75 million passengers.

About CyberSource Ltd.

CyberSource Ltd is a wholly-owned subsidiary of CyberSource Corporation (NASDAQ:
CYBS). CyberSource is a leading provider of electronic payment and risk management
solutions. CyberSource solutions enable electronic payment processing for web, call
center, and point-of-sale environments. CyberSource also offers industry leading
risk management solutions for merchants accepting card-not-present transactions.
CyberSource Professional Services designs integrate and optimize commerce
transaction processing systems. Over 20,000 businesses use CyberSource solutions,
including half the companies comprising the Dow Jones Industrial Average. The
company is headquartered in Mountain View, California, and has sales and service
offices in Japan, the United Kingdom, and other locations in the United States. For
more information, please visit the CyberSource Ltd. web site at
www.cybersource.co.uk or email uk@cybersource.com.

More information about CyberSource solutions for airlines can be found at:

http://www.cybersource.com/solutions/airlines/
JET AIRWAYS
PUBLIC RELATIONS
NEW DELHI, MUMBAI
OCTOBER, 2007

Jet Airways (India) Ltd.

RAGINI CHOPRA
VICE PRESIDENT - CORPORATE
COMMUNICATIONS & PR
NEW DELHI, INDIA
TEL: +91-11-4164 5080
FAX: +91-11-4609 5084
raginic@jetairways.com

A.K. SIVANANDAN
SR. GENERAL MANAGER - PR
NEW DELHI, INDIA
TEL : +91-11-2652 3357
FAX : +91-11-2652 3348
asivanandan@jetairways.com


SRIRUPA SEN
MANAGER - PR
MUMBAI, INDIA
TEL : +91-22-2852 3648
FAX : +91-22-2920 4437
ssen@jetairways.com




Web Site: http://www.jetairways.com

Contact Details: Jet Airways (India) Ltd.
S.M. Centre,
Andheri-Kurla Road,
Andheri (East),
Mumbai 400059
India

Phone: +91 22 4019 1000
Fax: +91 22 2920 1313

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