|[June 10, 2014]
Digital River Expands Its Global Partner Network with New Partner Programs
MINNEAPOLIS --(Business Wire)--
Digital River (News - Alert), Inc. (NASDAQ: DRIV),
a leading global provider of Commerce-as-a-Service solutions, announced
it has expanded its global Partner Network. The expansion includes the
introduction of a Marketing Ecosystem, a Payment Program, and a
Strategic Alliance Program. Designed to extend the capabilities of
Digital River's SaaS (News - Alert)-based commerce platform, the three new partner
programs offer online merchants easy access to complementary digital
marketing technologies and services, global payments options and
support, and preferred system integrators and digital agency partners.
In addition, Digital River announced partnerships with SheerID,
Translations.com and Yandex (News - Alert).Money.
Digital River's Partner Network makes it easy for merchants to integrate
best-in-class solutions and complementary technologies via pre-built,
plug-and-play configurations and referral relationships. The network has
been developed to help merchants accelerate time-to-market and improve
ROI. As part of its ongoing plan to expand its Partner Network, Digital
River continues to engage more partners. Among the recent partner
SheerID, a provider of real-time eligibility verification solutions,
which helps companies protect special offers by instantly verifying
customer segments online, including members of the military, college
students and teachers. Customers can leverage the SheerID pre-built
integration to add eligibility verification services to their existing
Digital River powered commerce businesses and private
Translations.com, one of the world's largest privately held providers
of laguage services and translation-related technologies. Through the
partnership with Digital River, merchants can access the
Translations.com GlobalLink® platform to accelerate and
optimize global content delivery as part of their worldwide commerce,
payments and marketing expansion plans.
the largest electronic payment service in Russia. The Yandex.Money
payment solution allows e-commerce merchants to accept bank cards,
e-wallets, mobile payments and cash via payment kiosks. The Digital
River integration with Yandex.Money's electronic wallet, which is
well-known and widely used in Russia, allows merchants to accept
payments from Yandex.Money's 16 million registered e-wallet users and
is one of the quickest ways for international merchants to start
selling to Russian customers.
"We are focused on helping companies find easier ways to stand up and
tailor commerce, payments and marketing solutions using category-leading
technologies at a fraction of the time and cost typically associated
with custom integrations," said Scott Heimes, Digital River's CMO.
"These recent Partner Network enhancements reflect our ongoing
commitment to give our customers more flexibility in launching
customized commerce solutions."
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
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.
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 its Partner Network programs; the market's acceptance
of such offerings; and other risk factors referenced in Digital River's
public filings with the Securities and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. All
other company and product names are trademarks, registrations or
copyrights of their respective owners.
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