Digital River Includes Bitcoin as Payment Option For Merchants

Digital River Includes Bitcoin as Payment Option For Merchants

Internet commerce giant Digital River (NASDAQ: DRIV) announced today that merchants who are making use of their small to mid-sized e-commerce products and who sell online here in the United States can now also accept bitcoin payments alongside traditional means (such as credit cards, wire transfers, bank transfers, and other third-party wallet services). "Bitcoin continues to attract more mainstream attention," says Tom Peterson, executive vice president and general manager of commerce at the Minnesota-based company. "We're excited to be among the first pure play ecommerce providers to....


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News Summary: June 15-21

Digital River is now accepting Bitcoin! Digital River is an e-commerce payment processor, but has previously been used for more conventional methods such as credit cards. Since its founding in 1994, Digital River has processed $30 billion dollars in transactions, making it one of the biggest payment processors. Due to this, I think it’s huge that it’s accepted Bitcoin. It allows people that have used Digital River for years to maybe start accepting Bitcoin, and creates competition amongst popular Bitcoin payment processors such as Bitpay and Coinbase.

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