Recognized at payment industry event for its online subscription and recurring billing programs
MINNEAPOLIS – May 22, 2014–Digital River, Inc. (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, received a Customer Choice Award from CardNotPresent (CNP) for Best Subscription and Recurring Billing Program. The award was presented at the CNP Expo in Orlando on May 21, 2014. The awards honored the companies, programs and solutions that have distinguished themselves in the card-not-present space during the past year. The CNP Customer Choice Award winners are selected by customers for their experience and longstanding reputation in the card-not-present industry.
“We’re honored to be selected as the customer choice winner for Best Subscription and Recurring Billing Program,” said Souheil Badran, Digital River’s senior vice president and general manager of Digital River World Payments. “I’d like to congratulate our payments team. Their focus on customer needs, continued innovation and ongoing commitment to global payments excellence is enabling companies to grow their online businesses across virtually every country in the world.”
“Significant growth in e-commerce and mobile payments continues to spur innovation and excellence from the technology providers serving card-not-present merchants,” said Steve Casco, founder and CEO of CardNotPresent.com. “That growth is reflected in this year’s CNP Awards, which had a record number of nominations and a record number of votes for Customer Choice nominees. The CNP Awards have become the standard by which companies, programs and services around the world are being recognized and judged now and in the future.”
Digital River World Payments 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 http://www.digitalriver.com/ and follow @DigitalRiverInc on Twitter.
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.
Digital River is a registered trademark of Digital River, Inc. All other trademarks and registered trademarks are trademarks of their respective owners.
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