CYBERCASH INC
SC 13D/A, 1999-02-12
COMPUTER INTEGRATED SYSTEMS DESIGN
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D
                                 (RULE 13D-101)

           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
                   RULE 13D-1(A) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13D-2(A).
                               (AMENDMENT NO. 3)*

                                 CYBERCASH, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.001 PER SHARE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   232462 10 1
- --------------------------------------------------------------------------------
                                 (CUSIP Number)
- --------------------------------------------------------------------------------
       RONALD FISHER                           STEPHEN A. GRANT, ESQ.
  SOFTBANK HOLDINGS INC.                        SULLIVAN & CROMWELL
10 LANGLEY ROAD, SUITE 403                        125 BROAD STREET
  NEWTON CENTER, MA 02159                        NEW YORK, NY 10004
      (617) 928-9300                               (212) 558-4000
- --------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)

                                February 5, 1999
- --------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
|_|.

NOTE: Six copies of this statement, including all exhibits, should be filed with
the  Commission.  See Rule  13d-1(a) for other  parties to whom copies are to be
sent.

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 (the "Act") or otherwise  subject to the liabilities of that section of the
Act but shall be subject to all other  provisions of the Act  (however,  see the
Notes).

                                                                 SEC 1746(12-91)
                         (continued on following pages)


<PAGE>


                                  SCHEDULE 13D

- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  2   OF   6   PAGES
- --------------------------                            --------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

       SOFTBANK AMERICA INC.
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (A) |_|
                                                                         (B) |_|
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       NOT APPLICABLE
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
       ITEMS 2(d) OR 2(e)                                                   |_|

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       DELAWARE
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
    NUMBER OF       ------------------------------------------------------------
      SHARES        8    SHARED VOTING POWER
   BENEFICIALLY
     OWNED BY            0
       EACH         ------------------------------------------------------------
    REPORTING       9    SOLE DISPOSITIVE POWER
      PERSON
       WITH              976,540
                    ------------------------------------------------------------
                    10   SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        976,540
- --------------------------------------------------------------------------------
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            |_|
- --------------------------------------------------------------------------------
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       4.9%
- --------------------------------------------------------------------------------
  14   TYPE OF REPORTING PERSON*

       HC, CO
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
                      INCLUDE BOTH SIDES OF THE COVER PAGE,
                 RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF
                  THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  3   OF   6   PAGES
- --------------------------                            --------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
       SOFTBANK HOLDINGS INC.                I.R.S. IDENTIFICATION NO.
                                             95-446-7445
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (A) |_|
                                                                         (B) |_|
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       NOT APPLICABLE
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
       ITEMS 2(d) OR 2(e)                                                   |_|

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       DELAWARE
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
    NUMBER OF       ------------------------------------------------------------
      SHARES        8    SHARED VOTING POWER
   BENEFICIALLY
     OWNED BY            0
       EACH         ------------------------------------------------------------
    REPORTING       9    SOLE DISPOSITIVE POWER
      PERSON
       WITH              976,540
                    ------------------------------------------------------------
                    10   SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        976,540
- --------------------------------------------------------------------------------
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            |_|
- --------------------------------------------------------------------------------
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       4.9%
- --------------------------------------------------------------------------------
  14   TYPE OF REPORTING PERSON*

       HC, CO
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
                      INCLUDE BOTH SIDES OF THE COVER PAGE,
                 RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF
                  THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  4   OF   6   PAGES
- --------------------------                            --------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

       SOFTBANK CORP.
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (A) |_|
                                                                         (B) |_|
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       NOT APPLICABLE
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
       ITEMS 2(d) OR 2(e)                                                   |_|

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       JAPAN
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
    NUMBER OF       ------------------------------------------------------------
      SHARES        8    SHARED VOTING POWER
   BENEFICIALLY
     OWNED BY            0
       EACH         ------------------------------------------------------------
    REPORTING       9    SOLE DISPOSITIVE POWER
      PERSON
       WITH              976,540
                    ------------------------------------------------------------
                    10   SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        976,540
- --------------------------------------------------------------------------------
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            |_|
- --------------------------------------------------------------------------------
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       4.9%
- --------------------------------------------------------------------------------
  14   TYPE OF REPORTING PERSON*

       HC, CO
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
                      INCLUDE BOTH SIDES OF THE COVER PAGE,
                 RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF
                  THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


                                  SCHEDULE 13D

- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  5   OF   6   PAGES
- --------------------------                            --------------------------
- --------------------------------------------------------------------------------
  1    NAMES OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

       MASAYOSHI SON
- --------------------------------------------------------------------------------
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (A) |_|
                                                                         (B) |_|
- --------------------------------------------------------------------------------
  3    SEC USE ONLY

- --------------------------------------------------------------------------------
  4    SOURCE OF FUNDS*

       NOT APPLICABLE
- --------------------------------------------------------------------------------
  5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
       ITEMS 2(d) OR 2(e)                                                   |_|

- --------------------------------------------------------------------------------
  6    CITIZENSHIP OR PLACE OF ORGANIZATION

       JAPAN
- --------------------------------------------------------------------------------
                    7    SOLE VOTING POWER

                         976,540
    NUMBER OF       ------------------------------------------------------------
      SHARES        8    SHARED VOTING POWER
   BENEFICIALLY
     OWNED BY            0
       EACH         ------------------------------------------------------------
    REPORTING       9    SOLE DISPOSITIVE POWER
      PERSON
       WITH              976,540
                    ------------------------------------------------------------
                    10   SHARED DISPOSITIVE POWER

                         0
- --------------------------------------------------------------------------------
  11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        976,540
- --------------------------------------------------------------------------------
  12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                            |_|
- --------------------------------------------------------------------------------
  13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       4.9%
- --------------------------------------------------------------------------------
  14   TYPE OF REPORTING PERSON*

       IN
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
                      INCLUDE BOTH SIDES OF THE COVER PAGE,
                 RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF
                  THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


<PAGE>


- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  5   OF   6   PAGES
- --------------------------                            --------------------------


         SOFTBANK  America  Inc., a Delaware  corporation  ("SB  America"),  Mr.
Masayoshi  Son, a Japanese  citizen  ("Mr.  Son"),  SOFTBANK  Corp.,  a Japanese
corporation  ("SOFTBANK"),  and SOFTBANK  Holdings Inc., a Delaware  corporation
("SBH" and, together with SOFTBANK America, Mr. Son and SOFTBANK, the "Reporting
Persons"),  hereby amend the report on Schedule 13D for the  Reporting  Persons,
dated January 11, 1999, as amended on February 8, 1999 (the  "Original  Schedule
13D"),  filed  by  the  Reporting  Persons  with  respect  to the  Common  Stock
beneficially owned by them.

ITEM 3.   SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         Not applicable.

ITEM 4.   PURPOSE OF TRANSACTION.

         Not applicable.


ITEM 5.   INTEREST IN SECURITIES OF THE ISSUER.

         (A).  Item 5(a) of the Original  Schedule 13D is hereby  amended in its
entirety to read as follows:

         The percentage  interest held by each Reporting  Person presented below
is based on the number of shares of Common Stock  reported to be  outstanding as
of February 5, 1999 in the  Issuer's  Registration  Statement  on Form S-3 dated
February 5, 1999 (the "Outstanding Shares").

         As of the date of the filing of this Statement, SB America beneficially
owns, and SBH, SOFTBANK and Mr. Son may be deemed to beneficially own through SB
America  976,540  shares of Common Stock  comprising  approximately  4.9% of the
Outstanding Shares.

         Except as described in this Statement,  none of the Reporting  Persons,
nor to the best  knowledge  and belief of SB America,  SBH or  SOFTBANK,  any of
their respective  executive  officers or directors  beneficially owns any Common
Stock or securities convertible into Common Stock.

         (D). Not applicable.

         (E). Item 5(e) of the Original  Schedule 13D is amended in its entirety
to read as follows:

         As a  result  of the  Issuer  issuing  additional  securities  prior to
February 5, 1999, the Reporting  Persons have ceased to be the beneficial owners
of more  than  five  percent  of the  Issuer's  Outstanding  Shares on or before
February 5, 1999.



<PAGE>


- --------------------------                            --------------------------
CUSIP NO.   232462-10-1                               PAGE  6   OF   6   PAGES
- --------------------------                            --------------------------


                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

February 12, 1999                         SOFTBANK AMERICA INC.


                                          By: /s/ Stephen A. Grant
                                              ---------------------------------
                                              Stephen A. Grant
                                              Assistant Secretary


                                          SOFTBANK HOLDINGS INC.


                                          By: /s/ Stephen A. Grant
                                              ---------------------------------
                                              Stephen A. Grant
                                              Secretary


                                          SOFTBANK CORP.


                                          By: /s/ Stephen A. Grant
                                              ---------------------------------
                                              Stephen A. Grant
                                              Attorney-in-fact


                                          MASAYOSHI SON


                                          By: /s/ Stephen A. Grant
                                              ---------------------------------
                                              Stephen A. Grant
                                              Attorney-in-fact


<PAGE>


                                  EXHIBIT INDEX

         Exhibit           Description
         -------           -----------

         Exhibit A         Agreement  of Joint  Filing,  dated as of January 11,
                           1999, by and among  SOFTBANK  America Inc.,  SOFTBANK
                           Holdings Inc.,  SOFTBANK Corp. and Mr.  Masayoshi Son
                           (incorporated  by  reference  to Exhibit  99.1 to the
                           Statement on Schedule  13D filed by SOFTBANK  America
                           Inc.,  SOFTBANK Holdings Inc., SOFTBANK Corp. and Mr.
                           Masayoshi Son dated January 11, 1999).


         Exhibit B         Power  of  Attorney  (incorporated  by  reference  to
                           Exhibit 24 to the  Statement on Schedule 13G filed by
                           SOFTBANK,  Mr. Son and  SOFTBANK  Ventures,  Inc.  on
                           February 18, 1998 with respect to Concentric  Network
                           Corporation).




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