Digital River expands into mobile payments with the launch of Beanstream

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Digital River, Inc. (NASDAQ: DRIV) today announced the launch of Beanstream Mobile, a suite of mobile payment solutions for iPhones(R) , iPads(R) and Android(TM) devices that provide fast and secure transactions in 140 currencies. Beanstream Mobile frees merchants by turning mobile devices into a portable card swipe, cash register and comprehensive solution.

Beanstream Mobile works with an encrypted card reader and a free downloadable app. With the solution and their mobile device, merchants can swipe or key in credit or debit card data on the spot, accept and track cash and check transactions, and capture online sales wherever they go. In addition, merchants can supply receipts, complete with geo-location data, directly from the app via a printed copy, email or text message. The system consolidates all sales workflows and data into one system, making analytics more accessible and comprehensive.”

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