Z-Payment (zuora.com) On-Demand Recurring Payments for Subscription Businesses

Z-Payment
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Are you a subscription business? Maybe you've taken advantage of the cloud computing infrastructure and quickly launched your product to market. Maybe you're a SaaS company or you just launched a new Facebook application. Maybe you're even using Z-Billing to manage your customer subscriptions and invoices.

But how are you getting paid?

It used to be so easy… a customer paid for your product and you delivered it-- transaction complete. But with subscriptions, you must collect payments over and over again, without disrupting customers' service in any way. Current solutions don’t address the headaches of recurring payments. For example, they fall short when a customer's credit card exceeds the approved limit, or it has expired. Or when an automatic account deduction fails due to insufficient funds or an invalid pin number. The list goes on and on. For years companies have struggled unsuccessfully to manage their recurring payments with solutions that don't scale and can't handle the complexity.

But not anymore. Introducing Z-Payments, the first product built specifically to manage the entire recurring payment lifecycle for subscription businesses. Z-Payments gives subscription businesses the ability to accept traditional payments, like check or wire transfer, manage recurring payments, automate exception handling around any payment issues, view customer account balances, and shorten collection cycles, all in one complete solution.

With Z-Payments, any subscription business can manage and collect recurring payments from customers. Z-Payments is how subscription businesses get paid:

Recurring payments

Z-Payments makes it easy to receive, reconcile, and manage recurring payments at any frequency - - ad hoc, daily, weekly, monthly, annually, etc. With Z-Payments, your subscription customers can now make their recurring payments with popular payment gateways such as PayPal and Authorize.Net. Support for Google Checkout and Amazon MPS coming soon!

Electronic and physical payments

Z-Payments enables companies to accept any form of electronic payment method, including PayPal, ACH, credit cards, debit cards, and wire transfers, as well as traditional checks and even cash.

Payment exception handling

Z-Payments warns you in advance when credit cards are about to expire and has full workflow to handle electronic payment exceptions when they occur - - every type of recurring payment failure from an invalid credit card #, rejected credit cards, credit card exceeded limit, fraud alerts, etc.

Reduce billing and payment disputes

Z-Payments provides a full history and audit trail for every payment, giving subscription companies and customers the big picture they need to quickly resolve billing questions and payment disputes.

Shorten collection cycles

Cash is king and Z-Payments lets subscription businesses get paid faster. Automated collections and dunning workflow notifies customers of past due amounts and suspension notices. 30/60/90 day aging reports give executives insight into past-due payments and current status.

Seamless integration with PayPal

Enjoy the speed, convenience, and safety of the leading online payment solution? Not using PayPal yet? It's easy to get started. From within Z-Payments so you can provide this popular online payment option to your subscription customers.

No more manual reconciliations

Z-Payments automatically reconciles and applies payments against invoices and ties these back to the original subscription and amendments.

Let customers choose how to pay

With Z-Payments, companies can give their customers more choices, from support for multiple payment methods and auto-pay options to the ability to change how they pay at any time.