Digital River Extends Its SMB Payments Solution to U.K. Merchants
Integrates SMB payment processing solution with the Volusion commerce platform
MINNEAPOLIS — April 23, 2014 — Digital River, Inc. (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, announced the expansion of its Digital River SMB Payments solution into the United Kingdom (U.K.). The solution offers small and medium enterprises, commerce providers, systems integrators and developers turn-key access to credit card processing capabilities for Visa, MasterCard and Maestro cards in Euros and Pound Sterling. The SMB solution already supports more than 17,000 merchants and partners in Canada.
“Whether you are an independent e-merchant or a commerce provider in need of payment processing capabilities, our SMB Payments solution can be plugged into your commerce platform to increase speed to market and revenue while reducing the risks and complexities associated with processing payments on a global basis,” said Souheil Badran, senior vice president and general manager of Digital River World Payments.
Platform-agnostic and built on an open architecture for easy integration, the Digital River SMB Payments solution offers several benefits for companies conducting business in the U.K., including the ability to:
- Quickly set up and start processing online payments in the U.K. through an automated application process;
- Access expert support staff who are knowledgeable in local and global payment requirements;
- Leverage payments tools that include recurring billing, batch processing, data import services, virtual terminal, tokenization, fraud and authentication tools, and a developer portal; and
- Seamlessly scale from a SMB to an enterprise solution as payment volumes grow.
“Getting a merchant account and gateway set up for your website can be quite difficult, but with Digital River I was taken through every step of the process by their hands-on sales team,” said Chris Williams, owner of Dark Prism Accessories, a quality alternative jewellery and accessories shop. “They made it easy and simple to go from my initial application through approval and go-live.”
Recently, Volusion, an e-commerce provider for small and medium enterprises, integrated the Digital River SMB Payments solution with its commerce platform. The integration is designed to enable independent operators of Volusion e-shops to quickly launch online card processing capabilities in the U.K.
“We are looking forward to working with Digital River and expanding our payments portfolio with services that are localized for the U.K. market,” said David House, director of U.K. sales at Volusion. “This enhanced functionality will help our customers drive sales.”
“The combination of our payments capabilities with Volusion’s commerce platform creates a pairing that nicely complements the core competencies that each company brings to the integration,” said Badran. “We plan to continue to leverage this partner-centric integration strategy to create new opportunities across the U.K. as well as other geographies.”
In addition to its stand-alone SMB Payments solution, Digital River offers small and medium enterprises international payment processing services as an integrated part of its MyCommerceâ„¢ solution. Based on a do-it-yourself model, MyCommerce provides independent businesses with a variety of affordable, global, cloud-based commerce options to support the online sales of digital products.
For more information and to get started processing payments in the U.K. today, visit http://digitalriverpayments.co.uk/payment-processing/. Read our blog about the new solution to get additional information.
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, 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 the expansion of its SMB Payments solution in the U.K.; 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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