Vindicia and GlobalCollect Sign Partnership Agreement

Vindicia, a market leader offering SaaS billing solutions for digital merchants, has teamed up with GlobalCollect, the world's premier payment service provider of local e-payments

Amsterdam, The Netherlands – Vindicia, a leading provider of SaaS billing solutions which help digital merchants optimize customer retention and customer acquisition, has entered into a partnership with GlobalCollect to give its customers access to an unrivalled portfolio of local, international, and alternative payment methods. This strategic cooperation offers Vindicia’s merchants in the digital goods space the opportunity to obtain best of breed billing and subscription services, combined with GlobalCollect’s broad range of popular payment options via its single-interface platform WebCollect.


Sanjay Sarathy, Senior Vice President Marketing of Vindicia, said: “Digital merchants are focused on how to maximize the loyalty and value of their customers, and the combination of Vindicia CashBox and GlobalCollect provides a compelling solution for merchants to optimize their online marketing and payment processes.”

Koen Vanpraet, CCO of GlobalCollect, added: “Vindicia’s key objective is to support online merchants across multiple business models, from subscriptions to micro transactions, and they handle over 250,000 international transactions daily for some of the largest merchants in the digital world. GlobalCollect’s key objective is to offer access to a portfolio of payment methods in over 200 countries to help its clients reach previously inaccessible target groups by catering to locally preferred payment choices. The benefit is twofold: it will boost Vindicia’s conversion rates and increase end consumer satisfaction.”


About Vindicia
Vindicia is a leading provider of SaaS billing solutions that help digital leaders optimize customer retention and acquisition through integrated marketing best practices. Over the past twelve months, Vindicia clients sent $2 billion through our system, billed in every global region, and generated $50 million in annual incremental revenue. Our clients include Symantec, TransUnion Interactive, Intuit, Activision Blizzard, Bloomberg, and Next Issue Media. To learn more, please visit www.vindicia.com

About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com

Contact Vindicia
Juli Greenwood
tel: +001-781-672-3137
e-mail: jgreenwood@chenpr.com

Contact GlobalCollect
Bettina Duske
Senior Manager PR & Marketing Communications
tel: +31-(0)23 567 1500
e-mail: press.globalcollect@globalcollect.com




Topics: Industry-digital, Industry-other, Year: 2011

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