Digital River World Payments, a global payments service provider, announced it is working with First Data, a global leader in commerce-enabling technology, to offer online merchants a full-service, turn-key solution for processing in-country payments in Hong Kong, Singapore and Australia.
By adopting First Data’s global acquiring platform, Digital River World Payments can now help merchants with local entities in these regions increase their credit card authorization rates and global reach. Digital River World Payments is also expanding its existing in-country payment processing capabilities in Europe by adding First Data to its growing network of payments partners.
Today, Digital River World Payments offers online merchants entering Hong Kong, Singapore, Australia and Europe three different business models designed to evolve with their payment processing needs. This includes facilitating cross-border payments, providing a global payments gateway and offering a fully integrated, in-country payments solution.
Shane Fitzpatrick, head of Global Ecommerce for First Data, said, “First Data prides itself on simplifying the connections that make commerce possible, and nowhere is this truer than in our dynamic global online environment. By integrating with our multi-currency, multi-country platform, Digital River World Payments is not only expanding its payments offering, but also further capitalizing on international market opportunities.”
“Today, online merchants are seeking payment providers that can offer global payment options and highly localized experiences across multiple geographies. Our recent partnership with First Data responds directly to this need, and helps our merchants provide optimized in-country payments capabilities,” said Hayden Reed, senior vice president and general manager for Digital River World Payments. “In addition, it positions us to continue to expand our global reach and scale our solution across new markets.”