Monexa charts the course in subscription billing with new product features
21 Octubre 2010 - 5:34PM
PR Newswire (Canada)
VANCOUVER, Oct. 21 /CNW/ -- Expansions to Monexa's subscription
billing capabilities enhance monetization for business VANCOUVER,
Oct. 21 /CNW/ - Monexa Solutions Inc. ("Monexa"), the leader in
flexible subscription billing, announces new product features in
its premier 'Monexa Billing' product. Leading with PayPal®
integration and following through with industry-leading advanced
pricing modules and enhanced reseller support that make monetizing
online services quick and easy. In production now, these releases
further establish Monexa as the most advanced subscription billing
and payment solution on the market. "Our 2010 product releases make
it easier for customers to run their businesses and focus on
growth, rather than logistics," states John Jacobson, President and
CEO of Monexa. "As the subscription commerce space continues to
grow, we are consistently releasing updates to Monexa Billing that
help our customers stay ahead of their competitors." 2010 enhanced
feature highlights include: 1. PayPal Integration and support:
Monexa introduced PayPal as a Payment Method in addition to
existing support for credit cards, electronic checks and other
traditional payment methods. Monexa allows customers to use the
Paypal gateway to process credit card payments whether the buyer is
a Paypal member or not. Why this is important? This feature is
significant for Monexa Billing customers that don't have a
traditional merchant account but need to process credit card
payments. The Paypal gateway can also be very effective for billing
international customers. 2. Increased flexibility for pricing
options: Monexa Billing price sheets are released as the
subscription billing industry's most comprehensive way of managing
different pricing models for the same service. This allows Monexa
Billing business-to-business customers to handle negotiated pricing
all the way down to the metered price of a service and target their
service at different market segments by applying different pricing
plans. Why this is important? Monexa allows customers to customize
and adjust price offerings as required - they can price in multiple
ways or at contrasting levels to match the needs of multiple
markets, with ease. Most billing vendors require you to duplicate
services in order to price them differently. This makes the product
catalog difficult to manage for larger organizations and renders
critical service performance reports useless. 3. Increased support
for channel sales: Monexa released the ability to automatically
distribute and share product catalogs and pricing to resellers and
across sales reporting regions. Why this is important? This feature
adds to Monexa's already strong support for managing white-labelled
and reseller billing, making it easier for channel partners to sell
and increasing the ability for Monexa customers to support their
channel partners. It is particularly key for enterprise customers
as it drastically reduces the need to manage product catalogs.
About Monexa Monexa pioneered the on-demand subscription billing
space and has worked with hundreds of businesses to help monetize
their services. Having the most capable and open subscription
billing solution in the cloud, combined with proven billing
industry expertise, sets Monexa apart from other service providers.
Monexa's customers range in size from high growth SaaS and Cloud
Infrastructure companies like Untangle and ActiveState to large
household name companies like Pitney Bowes Business Insight, AOL
Canada, Sprint, Amway and Bell Mobility. For more information about
Monexa Billing and the ways Monexa can help you monetize your
services visit http://www.monexa.com. Forward-Looking Statements
This news release contains forward-looking statements.
Actual events or results may differ materially from those described
in the forward-looking statements due to a number of risks and
uncertainties, including changes in financial and product market
conditions. Forward-looking statements are based on management's
estimates, beliefs, and opinions. The Company assumes no obligation
to update forward-looking statements, other than as may be required
by applicable law. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. To view this news release
in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/October2010/21/c4934.html
pHigh resolution photos and interview opportunities available.
/p p/p table valign="top" border="0"trtdbInvestor
Contact:/b/td tdbMedia Contact:/b/td/tr trtdJohn Jacobson, CEO/td
tdSara Pereira/td/tr trtdD: 604.630.5661/td tdPereira PR/td/tr
trtdE: a href="mailto:ir@monexa.com"ir@monexa.com/a/td tdP:
778.772.3208/td/tr trtd /td tdE: a
href="mailto:sara@pereirapr.ca"sara@pereirapr.ca/a/td/tr/table
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