Digital River Launches Beanstream Mobile Payment Solutions

Digital River, Inc. (NASDAQ: DRIV)

today announced the launch of Beanstream

Mobile, a suite of mobile payment solutions for iPhones^®,

iPads^® and Android^TM devices that provide fast and

secure transactions in 140 currencies. Beanstream Mobile frees merchants

by turning mobile devices into a portable card swipe, cash register and

comprehensive solution.

Beanstream Mobile works with an encrypted card reader and a free

downloadable app. With the solution and their mobile device, merchants

can swipe or key in credit or debit card data on the spot, accept and

track cash and check transactions, and capture online sales wherever

they go. In addition, merchants can supply receipts, complete with

geo-location data, directly from the app via a printed copy, email or

text message. The system consolidates all sales workflows and data into

one system, making analytics more accessible and comprehensive.

Unlike most mobile payment solutions, Beanstream Mobile’s interface and

encrypted card reader are specifically designed to be white-labeled by

brands and financial institutions. The smartphone app for iOS and

Android provides for an efficient and polished mobile sales process by

allowing merchants to tailor customer information fields that matter to

their business. Beanstream Mobile also offers time-savers such as a

one-step signature and gratuities screen, and up to two automatic taxes.

“Existing mobile payment solutions have fallen short for merchants with

multi-currency operations, in-store and online sales, and inventories,”

said Souheil Badran, senior vice president and general manager, global

payments and commerce at Digital River. “Now, merchants will be able to

unify their payment channels with one device and accept credit card

mobile payments in 140 currencies through an integration with Digital

River World Payments’ international bank connections.”

Beanstream Mobile for iPad, the flagship app, offers a unique inventory

capability that lets merchants add photos of products and create UPC

codes. By leveraging Digital River’s flexible API toolkit, users can

quickly upload existing inventory and retrieve valuable analytics and

sales data from all apps in the mobile product family. Beanstream

Mobile’s point-to-point encryption ensures no sensitive data is stored

on the device.

“Small businesses including charities, service organizations, traveling

salesmen and drivers, among many others, can’t get their job done

without being mobile,” added Badran. “For these merchants who have

struggled to get paid in a timely and organized way, Beanstream Mobile

will simplify the entire payment process by providing their customers

more choice for payment methods.”

The free Beanstream Mobile apps are now available in the Apple iTunes

and Google Play stores. Beanstream API is also available for developers

who wish to integrate mobile payment capabilities into their application.

To learn more about Beanstream’s mobile payment processing solutions,

visit http://mobile.beanstream.com/

About Digital River, Inc.

Copyright (2013) Business Wire.

All Rights Reserved.

*http://www.virtual-strategy.com/2013/08/29/digital-river-launches-beanstream-mobile-payment-solutions

source : http://techie.id1945.com/2013/08/digital-river-launches-beanstream-mobile-payment-solutions/