Digital River World Payments Selected to Provide Global Payment Services for Tenfu Tenmax
30 July 2015 - 1:12PM
Business Wire
Leading Chinese tea company expands across
Southeast Asia, Japan, Korea, Russia and the United States
Digital River, Inc., a leading global provider of
Commerce-as-a-Service solutions, announced that it signed a global
payments agreement with Tenfu Tenmax, a China-based, direct
marketing company. Tenmax is using the Digital River World Payments
solution to support its rapid global expansion plans and offer
localized payments across Southeast Asia, Japan, Korea, Russia and
the United States. The Digital River solution will offer Tenmax
customers online credit card and local payments.
“Rapid global growth is our main goal. We plan to draw upon our
long history in shaping the Chinese tea culture and our online
channel to reach consumers across the globe. Regardless of their
location, we want to ensure our customers can make purchases using
payment methods that are both familiar and convenient,” said Morgan
Zhang, CEO at Tenfu Tenmax. “We chose the Digital River World
Payments solution for its widespread global reach, comprehensive
capabilities and local support.”
“Helping our clients maximize their global sales while
minimizing the risks, exposure and costs associated with online
payments are key benefits of our solution,” said Hayden Reed,
senior vice president and general manager of Digital River World
Payments. “We are looking forward to working with Tenmax to
optimize their global payments program and their customers’
international shopping experience.”
The Digital River World Payments solution enables merchants to
process online payments using more than 200 international and local
payment options, and over 170 currencies. Built to reduce the risks
and costs of running a global payments program, the solution also
offers a wide range of value-added services that support the
complete payment lifecycle. These include checkout page
optimization, real-time fraud detection, solutions to manage PCI
exposure and currency risk, as well as advanced back-office
reconciliation services and business intelligence tools. In 2014,
Digital River processed more than $35 billion in online
transactions.
About Tenfu Tenmax
Tenfu Tenmax is a biotechnology company headquartered in
Xiang’an District, Xiamen City, China. The company’s goal is to use
the biotechnology domain to extract the health benefits of tea and
develop a series of products, including beauty skin care,
nutrition, commodity and detergent. For more information, visit the
Tenfu Tenmax website.
About Digital River, Inc.
Backed by 20 years of ecommerce experience, Digital River is
recognized as a leading global provider of Commerce-as-a-Service
solutions. Companies of all sizes rely on Digital River’s
cloud-based commerce, payments and marketing services to manage and
grow their online businesses. In 2014, Digital River processed more
than $35 billion in online transactions, connecting B2B and B2C
digital products companies and branded manufacturers with buyers
across multiple devices and channels, and nearly every country in
the world.
Digital River is headquartered in Minneapolis with offices
across the U.S., Asia, Europe and South America. For more details
about Digital River, visit the corporate website, read the Digital
River Blog, follow the company on Twitter or call +1
952-253-1234.
Digital River is a registered trademark of Digital River, Inc.
All other company and product names are trademarks, registrations
or copyrights of their respective owners.
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Digital River, Inc.Maryna Frolova, +1 952-225-3247Public
Relations and Social Media
Managerpublicrelations@digitalriver.com