MINNEAPOLIS--([ BUSINESS WIRE ])--Digital River, Inc. (NASDAQ: [ DRIV ]), the revenue growth experts in global cloud commerce, announced that its [ Digital River World Paymentsa" ] solution has won two [ CNP Awards ], which honor companies, programs and solutions that have distinguished themselves in the card-not-present space during the past year. The CNP Awards winners were announced today at the [ 2012 CNP Expo ], which is hosted by CardNotPresent.com, an online resource for merchants that accept customer or card-not-present payments. The event takes place May 20-22, 2012, at the Buena Vista Resort in Orlando, Fla.
"We are honored to be recognized for helping global organizations transform their payments programs from a cost center into a revenue stream"
All CNP Awards winners were selected by a panel of independent judges chosen for their deep experience and reputations in payments and the card-not-present industry. Digital River World Payments and its innovative payment lifecycle management methodology was recognized in two categories: aBest E-Commerce Platform/Gatewaya and aBest Processor.a
"We are honored to be recognized for helping global organizations transform their payments programs from a cost center into a revenue stream," said Souheil Badran, senior vice president and general manager of Digital River World Payments. "This approach is a cornerstone of our payment lifecycle management solution, which is further enabled by our fraud management and cloud commerce capabilities. With input from our customers and partners, we have developed integrated payment solutions that help companies of all sizes extend their global footprint while securing their data and meeting complex regulatory compliance standards.a
aAs a winner in multiple categories at the very first CNP Awards, CardNotPresent.com is pleased to recognize Digital River World Payments as a leading global payments solution,a said Steven Casco, founder and president of CardNotPresent.com, the organization behind the CNP Awards. aThe number of companies that support the merchants who accept card-not-present payments is diverse and growing. For the first time, we recognized commerce providers, like Digital River, that continue to set the industry standard for technology and service a" making card-not-present payments secure and efficient for merchants and consumers around the world.a
Digital River World Payments offers relevant payment options in nearly every country and over 170 transaction and display currencies. The solution features a wide range of customizable services for managing the complete payment lifecycle. These services, which work through a single payments connection, include checkout page optimization, multi-variate testing, real-time fraud detection, solutions to manage PCI exposure and currency risk, as well as advanced back-office reconciliation services and business intelligence tools. To learn more about Digital River World Payments, visit [ www.digitalriverpayments.com ] and follow [ @DigitalRiverPay ] on [ Twitter ].
About Digital River, Inc.
Digital River, Inc., the revenue growth experts in global cloud commerce, builds and manages online businesses for software and game publishers, consumer electronics manufacturers, distributors, online retailers and affiliates. Its multi-channel 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 a global commerce operation. The companyas comprehensive platform offers site development and hosting, order management, global payments, cloud-based billing, 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 website ], follow the company on [ Twitter ] or call +1 952-253-1234.
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.
Tweet tags: #CNPExpo, #payments, @DigitalRiverPay
Tweet this: Digital River World Payments wins two CNP Awards at the 2012 #CNPExpo