Barclaycard has signed an agreement with Digital River World Payments to provide card acquiring services for the payment service provider.
The agreement will allow Digital River to incorporate Barclaycard’s secure processing platform. Digital River will act as the commercial, technical and operational connection, while Barclaycard’s platform will be integrated in to their system.
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“Digital River World Payments is a leading payment service provider and this new relationship reinforces Barclaycard’s strategy of working with key partners to deliver enhanced payment solutions to our customers, and enabling them to achieve their growth aspirations.” added Marc Pettican, director of sales and account development at Barclaycard, about the agreement.
“Working with a leading brand like Barclaycard enables us to deliver greater value to our customers as a single partner for transaction processing, settlement and reporting.” Souheil Badran, Digital River’s senior VP and general manager added on the cost effectiveness of the agreement.
The agreement will help assist with creating efficient and less costly cross border transactions within Europe for Digital River’s merchants