New Service Offers Powerful but Easy Subscription Management Small- and Medium-Sized Businesses
SAN MATEO, CA--(Marketwire - May 25, 2010) - Aria Systems, Inc. (http://www.AriaSystems.com), the leading provider of on demand billing and subscription management solutions, today announced Aria SubscriptionsPlus for PayPal, a new subscription management and recurring billing product designed for PayPal's global merchant base. Aria SubscriptionsPlus for PayPal gives merchants robust, SaaS-based subscription billingcapabilities, enabling them to develop or expand their recurring revenue streams.
Subscription-based products and services are an increasingly popular way for merchants to build predictable revenue streams and long-term customer relationships. Major markets continue to embrace subscription business models, from gaming and entertainment to publishing, SaaS and cloud computing, social networking, and service providers of all sizes from multi-billion dollar global organizations to small, family-owned businesses.
Aria SubscriptionsPlus for PayPal was developed to address the needs of millions of small- and medium-sized businesses who need to manage recurring billing for subscription-based products and services, and provides the following capabilities:
- 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
- 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," stated Jeffrey M. Kaplan, Managing Director of THINKstrategies, Inc. 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."
"Aria SubscriptionsPlus for PayPal represents a major opportunity for merchants to create and automate recurring revenue streams," said Mike Morini, CEO at Aria Systems. "Traditional, complex, on-premise 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."
Aria SubscriptionsPlus for PayPal is currently in pilot and available for trial users atwww.paypal.com/subscriptionsplus. Merchants interested in participating in the pilot program should contact PayPal at subscriptionsplus@paypal.com
PayPal has more than 84 million active accounts in 190 markets and transacts in 24 currencies around the world, PayPal enables global ecommerce, processing more than $71 billion USD in payments in 2009.
About Aria SystemsAria Systems is the leader in on-demand billing and subscription management solutions. Since its inception in 2003 as the pioneer in SaaS billing, Aria has grown rapidly to manage millions of accounts in every country in the world and spanning a wide range of industries. The Aria Billing and Subscription Management Platform is the industry's most reliable, flexible and scalable on-demand platform for organizations looking to accelerate recurring revenue capture while significantly reducing operating costs. Aria Systems also leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI DSS Level 1 compliance for the entire billing management process. Aria's team is comprised of industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information about Aria Systems, visithttp://www.AriaSystems.com or call 1-877-755-2370.
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