Netgiro Systems Wins New E-Retail Clients in Europe and North America
Mon Oct 26, 2009 8:00am EDTMINNEAPOLIS--(Business Wire)--
Netgiro Systems, a leading global payment service provider and business unit of
Digital River, Inc. (NASDAQRIV), announced it has signed new online payment
processing agreements with e-retail clients from Europe and North America. These
companies are using Netgiro`s payment processing platform and cash management
solution to manage payments flows for online sales in Europe, Asia Pacific and
United States.
Some of the new e-retail clients include:
* Isagenix, a global producer and distributor of weight management and skincare
systems;
* Verkkokauppa, an online reseller of electronic consumer goods in Finland;
* ModeLabs, a French distributor of mobile phones and accessories;
* Anastore, a European health product distributor; and
* Thunder Creek, a U.S. based producer and distributor of promotional apparel
and products.
Tailored to meet the business requirements of global e-retailers, the Netgiro
payment service offers a secure and centralized connection to a global portfolio
of localized online payment methods, as well as cash management services,
consolidated funding and centralized reporting. The company`s payment experts
specialize in developing regional payment programs designed to help e-retailers
extend their global reach, optimize conversion rates and ultimately drive online
sales.
"In the world of online retailing, merchants selling in different geographic
markets face major challenges in handling payment processing and administration.
They need to centralize these functions for the sake of efficiency and cost
control," said Paul Bridgewater, Digital River`s vice president, global
payments. "These new agreements reflect our ability to meet those needs across
the broadest possible range of payment methods and geographies."
About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions, builds
and manages online businesses for software and game publishers, consumer
electronics manufacturers, distributors, online retailers and affiliates. Its
multi-channel e-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 an e-commerce operation. The
company`s comprehensive platform offers site development and hosting, order
management, 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 Web site at www.digitalriver.com or call +1
952-253-1234.
Digital River is a registered trademark and Netgiro is a trademark of Digital
River, Inc. or its affiliates. All other company and product names are
trademarks, registrations or copyrights of their respective owners.
Digital River, Inc.
Media Contact:
Heather Morris, +1 952-253-1234 ext. 38828
Public Relations Specialist
publicrelations@digitalriver.com
or
Investor Relations Contact:
Ed Merritt, +1 952-540-3362
Group Vice President, Investor Relations
investorrelations@digitalriver.com
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