Aria Systems, a provider of on-demand billing and subscription management
solutions, has announced SubscriptionsPlus for PayPal, a subscription
management and recurring billing product designed for PayPal’s global merchant
base. SubscriptionsPlus for PayPal is aimed at giving merchants software-as-a-service-based
subscription billing capabilities.
SubscriptionsPlus for PayPal was developed to address the needs of millions of
small and medium-sized businesses that need to manage recurring billing for
subscription-based products and services, according to Aria. Capabilities include
self-service online registration and account management for merchants and their
subscribers, secure payment handling using PayPal as well as credit and debit
cards, real-time activation of subscription products and services, automated
invoicing and subscriber notifications and collections tracking with integrated
dunning processes, and automated service deactivation.
“Most companies don’t understand all the pieces that are necessary to ensure
end-to-end management of subscription revenue streams,” said Jeffrey Kaplan,
managing director of consulting service THINKstrategies and founder of the SaaS
Showplace. “Aria’s new program pulls these pieces together and provides
businesses a cost-effective turnkey solution to address these important
requirements.”
PayPal has more than 84 million active accounts in 190 markets and transacts in
24 currencies around the world. PayPal processed more than $71 billion USD in
payments in 2009. The company said SubscriptionsPlus for PayPal is currently in
pilot and available for trial users via the company’s Website.
“Aria SubscriptionsPlus for PayPal represents a major opportunity for merchants
to create and automate recurring revenue streams,” said Mike Morini, CEO
of Aria Systems. “Traditional, complex, on-premises billing platforms were out
of reach for small and medium-sized businesses, but now Aria SubscriptionsPlus
offers the flexibility and simplicity that this market needs.”
Earlier this year, Aria announced Platform Standard Edition, designed
to address the recurring billing needs of organizations ranging from
pre-revenue startup businesses up to SMBs. The updated version is designed to
provide the product capabilities, services and pricing models to address the
needs of the growing ranks of companies trying to create or expand their
subscription revenue streams.
The solution includes subscription billing and invoicing, user registration and
self-service templates, integrated tax calculation, Web services APIs, support
for two simultaneous payment processors, customer support representative tools
for managing customer interactions, a separate test and staging environment, a
library of prebuilt reports, Web and e-mail support, and10 hours of production
readiness support.
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