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Title: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: bryant.coleman on June 16, 2014, 05:51:45 PM http://www.coindesk.com/30-billion-processor-digital-river-bitcoin-payment-option/
Quote Commerce-as-a-service solutions provider Digital River – a company that processed more than $30bn in online transactions in 2013, has announced that it has added bitcoin as a payment option for its online merchants. The offering is now available to merchants using the Minnesota-based company’s SWREG solution for small and mid-sized businesses. Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: LiteCoinGuy on June 16, 2014, 05:52:13 PM great one :)
30 billion...man :o Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: LiteCoinGuy on June 16, 2014, 06:11:51 PM http://blogs.wsj.com/moneybeat/2014/06/16/e-commerce-payment-processor-digital-river-to-accept-bitcoin/
Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: bryant.coleman on June 16, 2014, 06:16:31 PM Here are the details:
http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ Market Cap: $ 506 million. Revenue for Y 2013: $ 389.68 million Net Income: -$ 24.65 million Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: howardb on June 18, 2014, 12:58:16 PM Here are the details: http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ Market Cap: $ 506 million. Revenue for Y 2013: $ 389.68 million Net Income: -$ 24.65 million Yikes, only $24 million net income on $30 billion of sales!! They must offer wafer thin fees for their service. Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: bryant.coleman on June 18, 2014, 02:53:52 PM Yikes, only $24 million net income on $30 billion of sales!! They must offer wafer thin fees for their service. Actually it is a net loss of $ 24 million. That's why I put the negative sign (-). Not surprising, though. Smaller players are finding it increasingly difficult to compete with the market giants. The bigger companies are squeezing the smaller ones out. Title: Re: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC Post by: howardb on June 18, 2014, 07:20:55 PM More likely that value transfer is going on to evade tax.
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