Netgiro Systems Wins New E-Retail Clients in Europe and North America
MINNEAPOLIS, Oct. 26, 2009 - Netgiro Systems, a leading global payment service provider and business unit of Digital River, Inc. (NASDAQ:DRIV), 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 the Asia Pacific, Europe 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 solution 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.