Digital River Expands its Global Partner Network with New Partner Programs
Announces partnerships with SheerID, Translations.com and Yandex.Money
MINNEAPOLIS — June 10, 2014 — Digital River, Inc. (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, announced it has expanded its global Partner Network. The expansion includes the introduction of a Marketing Ecosystem, a Payment Program, and a Strategic Alliance Program. Designed to extend the capabilities of Digital River’s SaaS-based commerce platform, the three new partner programs offer online merchants easy access to complementary digital marketing technologies and services, global payments options and support, and preferred system integrators and digital agency partners. In addition, Digital River announced partnerships with SheerID, Translations.com and Yandex.Money.
Digital River’s Partner Network makes it easy for merchants to integrate best-in-class solutions and complementary technologies via pre-built, plug-and-play configurations and referral relationships. The network has been developed to help merchants accelerate time-to-market and improve ROI. As part of its ongoing plan to expand its Partner Network, Digital River continues to engage more partners. Among the recent partner additions are:
- SheerID, a provider of real-time eligibility verification solutions, which helps companies protect special offers by instantly verifying customer segments online, including members of the military, college students and teachers. Customers can leverage the SheerID pre-built integration to add eligibility verification services to their existing Digital River powered commerce businesses and private stores.
- Translations.com, one of the world’s largest privately held providers of language services and translation-related technologies. Through the partnership with Digital River, merchants can access the Translations.com GlobalLink® platform to accelerate and optimize global content delivery as part of their worldwide commerce, payments and marketing expansion plans.
- Yandex.Money, the largest electronic payment service in Russia. The Yandex.Money payment solution allows e-commerce merchants to accept bank cards, e-wallets, mobile payments and cash via payment kiosks. The Digital River integration with Yandex.Money’s electronic wallet, which is well-known and widely used in Russia, allows merchants to accept payments from Yandex.Money’s 16 million registered e-wallet users and is one of the quickest ways for international merchants to start selling to Russian customers.
“We are focused on helping companies find easier ways to stand up and tailor commerce, payments and marketing solutions using category-leading technologies at a fraction of the time and cost typically associated with custom integrations,” said Scott Heimes, Digital River’s CMO. “These recent Partner Network enhancements reflect our ongoing commitment to give our customers’ more flexibility in launching customized commerce solutions.”
About Digital River, Inc.
Backed by 20 years of e-commerce experience, Digital River is recognized as a leading global provider of Commerce-as-a-Service solutions. Companies of all sizes rely on Digital River’s multi-tenant, SaaS commerce, payments and marketing services to manage and grow their online businesses. In 2013, Digital River processed more than $30 billion in online transactions, connecting B2B and B2C digital products and cloud service companies as well as branded manufacturers with buyers across multiple devices and channels, and nearly every country in the world.
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, read the Digital River Blog, follow the company on Twitter or call +1 952-253-1234.
In addition to the historical information contained herein, this press release contains forward-looking statements, such as statements containing the words, “will,” “plans,” “intends,” “expects,” and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Digital River, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others: Digital River’s operating history and variability of operating results; competition in the electronic commerce market; the ability of Digital River to support its Partner Network programs; the market’s acceptance of such offerings; and other risk factors referenced in Digital River’s public filings with the Securities and Exchange Commission.
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.
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