This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Digital River Expands Its Global Online Payments Portfolio With Prepaid Payment Solution, Paysafecard

Digital River, Inc. (NASDAQ: DRIV), the revenue growth expert in global cloud commerce, announced it has expanded its online payments portfolio with paysafecard, a solution of paysafecard.com Wertkarten AG. Online merchants using Digital River’s enterprise commerce platform will be able to accept the prepaid electronic payment method at checkout. Through its global e-commerce solutions, Digital River offers online merchants more than 40 international and local payment options, and over 170 transaction and display currencies. In addition, the company expects to handle more than $20 billion in online transactions in 2013.

paysafecard enables consumers to make secure online purchases without requiring access to a credit card or bank account and can be purchased with cash or credit at one of 450,000 brick-and-mortar retail outlets. A leader in Europe, paysafecard is gaining popularity in the gaming, social media and online communities, and music, film and entertainment industries. It is used in 33 countries across Europe, North America and South America.

“Digital River is committed to continuing to expand our e-payments portfolio with solutions that are global and secure, and that help our customers expand their addressable markets and increase conversions,” said Souheil Badran, senior vice president and general manager for Digital River World Payments. “paysafecard makes online purchasing possible for consumers who either don’t have bank accounts or credit cards or are reluctant to use credit cards online.”

“By adding paysafecard to Digital River’s e-payments portfolio, we can help them service an untapped demographic of consumers while increasing our exposure among games and software companies – core verticals where Digital River has established market leadership,” said Michael Mueller, CEO, paysafecard. “In 2012, paysafecard processed more than 55 million transactions. In 2013, one of our key goals is to increase that number by strengthening our footprint in the U.S., deepening our coverage in industries where we already have a presence, and expanding into new markets.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.91 +93.33 0.53%
S&P 500 2,081.34 +12.58 0.61%
NASDAQ 4,997.4590 +5.5190 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs