Since 2000, Beanstream Internet Commerce Inc.® has provided payment, risk management and authentication solutions to some of North America’s leading companies and institutions.
Beanstream® has forged relationships with major financial institutions, built a network of over 700 partners and 22,000 merchants, and provides white label solutions for First Data Canada, and TD Bank, and Sage Payroll. Customers include both online merchants and brick and mortar merchants, government, financial institutions and higher education.
Acquisition by Bambora
On September 30th 2015, Bambora Group acquired Beanstream Internet Commerce from Digital River, Inc. The Bambora Group was launched May 2015 and already handles more than $50 billion in transaction value a year, of which more than 70 percent is online. Bambora has 520 employees with offices in seven countries. The group consists of industry innovators, engineers, financial advisors, marketers and digital developers who all share a common goal – simplifying trade between people, in-store, online and on mobile devices.