MINNEAPOLIS — Dec. 20 2012 — Digital River, Inc. (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, announced that it has expanded its Digital River World Payments solution by adding full card acceptance services for American Express. Digital River World Payments will work as a single commercial, technical and operational connection for global online merchants that wish to offer American Express as a payment option on their e-stores. This agreement allows Digital River to further expand its product portfolio, enhance its card acquiring services and strengthen its position as a leading turnkey e-payment solution provider.
“We continue to expand our global payments portfolio, equipping merchants with more payment options and creating new opportunities for them to increase their international online marketshare,” said Souheil Badran, senior vice president and general manager of Digital River World Payments. “Through our payments gateway, we offer merchants global connectivity to payment options that span virtually every country. Because we handle processing, settlement and reporting, we can deliver a single, consolidated view of their payments program and ensure each stage of the payment lifecycle is tuned for maximum performance.”
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.
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 credit card processing through American Express; the market’s acceptance of such offerings; and other risk factors referenced in Digital River’s public filings with the Securities and Exchange Commission.
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