Web Hosting Firm Digital River Teams with Visa for Credit Card

HostReview.com
Saturday, March 26, 2005; 03:58 AM

Digital River, a web hosting service provider that specializes in building and managing online businesses for more than 40,000 software publishers, manufacturers, distributors and online retailers, today announced that it is offering its clients the Digital River Visa Electron Card.

The card, which functions like a debit card, provides Digital River clients a quick, easy and secure method for making off-line purchases, withdrawing cash, and receiving payments from the company for revenue they generate on their Digital River-hosted e-commerce sites.

The Digital River Visa Electron Card is tailored for the company's small- to mid-sized clients.

"As a leader in e-commerce outsourcing with a global client base, we have found that we need to continually innovate and adopt new ways of conducting business to further expand internationally and accommodate clients in geographies we already have penetrated," said Joel Ronning, Digital River's CEO.

The Digital River Visa Electron Card can be used in off-line locations, but requires a personal identification number like a debit card.

The card also is accompanied by a Virtual Visa card, which can be used to make online purchases on sites that accept Visa. In addition, the card can be used in over 150 countries to withdraw cash from nearly one million ATMs that display the Visa or PLUS logos.