Digital River provides online payments solutions for Wix.com

Digital River, Inc,. a leading global provider of Commerce-as-a-Service solutions, announced that it will provide payments solutions for Wix.com, a leading web development platform.

Wix.com’s cloud-based technology enables users to create a professional website themselves and manage additional aspects of their business from one cohesive environment. As the solution of choice for over 42 million users in 190 countries, Wix is a market leader in the web publishing industry.

“Wix.com strives to simplify website creation and bring powerful functionalities to small business owners, entrepreneurs, creative professionals and individuals,” said Lior Shemesh, CFO at Wix.com. “When we were selecting a payments provider, we looked for similar attributes – simplicity and powerful technical functionality. We wanted our payments provider to help streamline our payments process and bring advanced global capabilities that easily scale in the markets we are pursuing.”

“In a global online economy, companies can extend their reach and opportunities far beyond domestic markets but they often need to scale to meet international demands,” said Souheil Badran, Digital River’s senior vice president and general manager of Digital River World Payments. “Through Digital River’s technical and banking connections, Wix.com can continue to grow in markets like Mexico, Brazil and Europe, more quickly and cost effectively and with less risk than they could on their own.”

Through Digital River World Payments, Digital River offers online merchants more than 180 international and local payment options, and over 170 transaction and display currencies. In 2013, the company processed more than $30 billion in online transactions.

Digital River recently released a white paper, “Many Ways to Pay: Why Expanding Internationally is Tougher Than It Looks.” Read it to get some insights into the three stages of international online payments expansion.