MINNEAPOLIS — Dec. 3, 2012 — Digital River, Inc. (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, announced that Souheil Badran, senior vice president and general manager of the company’s Digital River® World Paymentsâ„¢ solution, has been elected to the Merchant Risk Council’s Americas Advisory Board.
The Merchant Risk Council is a global, merchant-led trade association focused on electronic commerce risk and payments. The organization leads the industry in networking, education, benchmarking and advocacy programs to make electronic commerce more efficient, safe and profitable. The members of the Merchant Risk Council Americas and European Advisory Boards represent a broad cross-section of its membership. The board members collaborate to improve online payments acceptance, secure sensitive data related to online payments, and fight against online payment fraud.
“We are excited to add Souheil to our America’s Advisory Board,” said Tom Donlea, managing director of the Merchant Risk Council Americas. “His strong payments and security experience is an asset to our organization and mission. Digital River has been a supportive sponsor and active member for many years and is an important payments provider in our industry. We look forward to continuing our journey with Souheil and Digital River.”
“With the payments landscape rapidly evolving, it is more important than ever for merchants to share their knowledge and experiences in order to ensure the efficient and secure processing of online payments worldwide,” said Badran. “With our track record and history of success as a global merchant and payments provider, Digital River is well positioned to contribute to and support the Merchant Risk Council’s mission.”
Digital River World Payments offers relevant payment options in nearly every country and over 170 transaction currencies. The solution features a wide range of customizable services for managing the complete payment lifecycle. These services, which work through a single payments connection, include checkout page optimization, A/B testing, real-time fraud detection, solutions to manage PCI exposure and currency risk, as well as advanced back-office reconciliation services and business intelligence tools. To learn more about Digital River World Payments, visit www.digitalriverpayments.com.
About Digital River, Inc.
Digital River, Inc., the revenue growth experts in global cloud commerce, builds and manages online businesses for software and game publishers, consumer electronics manufacturers, distributors, online retailers and affiliates. Its multi-channel commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running a global commerce operation. The company’s comprehensive platform offers site development and hosting, order management, global payments, cloud-based billing, fraud management, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America. For more details about Digital River, visit the corporate website, follow the company on Twitter or call +1 952-253-1234.
Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.