NZ firms caught in vortex of sinking digital ‘Titanic’ MyCommerce, Digital River

StationPlaylist.com owner Ross Levis said the unpaid $50,000 caused his company financial stress. (Image: Getty)

Thu, 24 Oct 2024

Multiple New Zealand companies remain unpaid by a global e-commerce platform reportedly having financial issues, with one local owner saying his business is owed $50,000.MyCommerce, owned by US-based company Digital River, takes payments for software for independent vendors (ISVs) worldwide and is supposed to pass those payments, minus a commission, along to the ISVs.Technology news outlet The Register reported the companies have failed to pay ISVs since July 2024, prompting one reviewer to refer to the 30-year-old Digital River as a sinking &l...

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