The office supplies retailer say it sacrificed some sales to improve online profitability. It also redesigned its business-facing e-commerce site, StaplesAdvantage.com.
Digital River selected Merchant e-Solutions' payment system for its security, speed, versatility and accuracy in processing online transactions on a global basis.
REDWOOD CITY, Calif., March 27, 2012 -- Merchant e-Solutions announced that it was selected to expand payment processing services in the U.S. for Digital River, Inc., the revenue growth experts in global cloud commerce. As one of the fastest growing processors in the commerce space, Merchant e-Solutions is well positioned to provide secure and quick payment processing for Digital River's global base of clients.
Digital River manages more than $10 billion in global online sales annually in more than 190 countries. Digital River selected Merchant e-Solutions' payment system for its security, speed, versatility and accuracy in processing online transactions on a global basis.
Kevin Gallagher, general manager of e-commerce at Merchant e-Solutions explains, "A rapidly-expanding company like Digital River needs to be at the forefront of technological advances both today and with regards to what they will require tomorrow. We are delighted to work with Digital River to provide expanded payment processing capabilities for its clients."
"Working with Merchant e-Solutions gives us another opportunity to expand our existing U.S. payment processing capabilities and integrate with a self-contained payments platform," said Souheil Badran, senior vice president and general manager of Digital River World Payments. "Our focus at Digital River is on helping our clients grow their revenue on a global basis through secure, efficient and reliable payment solutions."
About Merchant e-Solutions
Founded in 1999, Merchant e-Solutions provides Internet-based payment processing solutions for merchants and banks. Merchant e-Solutions currently processes more than $14 billion in payments for more than 65,000 merchants while supporting 150 global currencies and all major credit, debit and alternative payment solutions. The company specializes in services for e-commerce and Card-Not-Present (CNP) merchants and provides a comprehensive suite of payment solutions that are Payment Card Industry (PCI) compliant and designed to reduce merchant risk exposure. Merchant e-Solutions is headquartered in Redwood City, Calif., with operations in Spokane, Wash., and satellite offices in Minneapolis and Columbus, Ga.
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 company's 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, multilingual 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.