Digital River is honored to be named as a finalist for one of the CardNotPresent (CNP) Awards! And we are in good company. The CNP Awards recognize the very best service and technology providers offering the most exceptional solutions in the payments industry. Digital River was nominated for our work on a payments initiative that increased authorization rates for some of our customers by 20 percent across multiple geographies.
We are competing along with the other finalists for the Customer Choice Award. Because the community is involved in the voting process, you can help us win by casting your vote for our nomination.
Winners will be announced at the CNP Awards ceremony on May 21, 2014, during the 2014 CNP Expo in Orlando, Florida.
About our Award Submission:
When a combination of strategic product improvements yields over a 20 percent overall increase in authorization rates for online subscriptions, people take notice. The Digital River payments team implemented a series of product enhancements that resulted in a significant increase in authorization rates, driving a recognizable uptick in revenue for some of our customers.
We know that consumer preferences are shifting towards the subscription economy. Maximizing authorization rates for recurring billing programs not only drives revenue derived from the initial sales, but it also manifests as a multi-year revenue benefit generated from subscription-based billing programs on an ongoing basis.
Remember to go to http://cardnotpresent.com/cnpawards/vote-digital-river2014.htm by Friday, March 28, 2014, to vote for Digital River for the CardNotPresent Customer Choice Award! All voters will also be given a 10% discount to attend the CNP Expo.