Digital River expands its services to Mexico and Brazil

Netgiro Systems, a business unit of Digital River, Inc. has announced the launch of its services in Latin America, namely in such countries as Mexico and Brazil. According to the company statement they are going to support the online processing of domestic credit cards which are the most popular way to pay. Under the signed agreements Netgiro will deliver its technology and services that are aimed at simplifying the payment process and at bringing of the local market to the international level.

"Many times local credit cards are restricted for cross-border online shopping, which can lead to a decline in successful transactions and significant loss in revenue for e-merchants. By taking advantage of our locally adapted payment solution and connections to regional bank partners in Latin America, e-merchants can break through these barriers and increase their sales in one of the fastest growing e-commerce regions in the world," commented Johan Hard, Managing Director, Netgiro Systems.

"Digital River remains committed to supporting global online markets at local levels and continues to take steps to provide companies with the payment processing technology and tools they need to grow outside of their native regions. By expanding Netgiro's payment processing capabilities to Latin America, we can broaden Netgiro's opportunities in its core markets, which include travel, hospitality, entertainment, telecommunications and retail service-related industries," completed Paul Bridgewater, Vice President of Global Payments at Digital River.