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| [December 03, 2012] |
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Digital River Elected to the Merchant Risk Council Americas Advisory Board
MINNEAPOLIS --(Business Wire)--
Digital River (News - Alert), Inc. (NASDAQ: DRIV),
the revenue growth experts in global cloud commerce, announced that
Souheil Badran, senior vice president and general manager of the
company's Digital
River® World Payments™ solution, has been
elected to the Merchant Risk Council's Americas Advisory Board.
The Merchant
Risk Council is a global, merchant-led trade association focused on
electronic commerce risk and payments. The organization leads the
industry in networking, education, benchmarking and advocacy programs to
make electronic commerce more efficient, safe and profitable. The
members of the Merchant Risk Council Americas and European Advisory
Boards represent a broad cross-section of its membership. The board
members collaborate to improve online payments acceptance, secure
sensitive data related to online payments, and fight against online
payment fraud.
"We are excited to add Souheil to our America's Advisory Board," said
Tom Donle, managing director of the Merchant Risk Council
Americas. "His strong payments and security experience is an asset to
our organization and mission. Digital River has been a supportive
sponsor and active member for many years and is an important payments
provider in our industry. We look forward to continuing our journey with
Souheil and Digital River."
"With the payments landscape rapidly evolving, it is more important than
ever for merchants to share their knowledge and experiences in order to
ensure the efficient and secure processing of online payments
worldwide," said Badran. "With our track record and history of success
as a global merchant and payments provider, Digital River is well
positioned to contribute to and support the Merchant Risk Council's
mission."
Digital River World Payments offers relevant payment options in nearly
every country and over 170 transaction 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, A/B testing, real-time
fraud detection, solutions to manage PCI (News - Alert) 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.
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, 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.

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