Worldpay and Zuora Team up on Subscription-Based Payments
Worldpay and enterprise software company Zuora have partnered to launch an integrated global payments solution which will enable businesses to offer smarter online subscription models for everything from digital software to music, movies, marketplaces, news, video games, sports, social and TV.
One of the first companies to benefit from the more powerful, flexible billing integration will be OZ. The streaming video service provides premium lifestyle, music, sports, documentaries and a host of entertainment channels via subscription. Customised for mobile and web, OZ allows creators and content owners to launch exclusive channels to draw in subscribers across multiple devices, networks and regions including Europe, North America and Latin America.
Worldpay’s comprehensive range of acquiring, gateway, and fraud risk management services has been boosted with the addition of Zuora’s relationship business management platform. This means organisations will be able to offer flexible subscription services, better tailored to specific markets and user types, and seamlessly process secure payments in multiple currencies. Zuora’ s technology also integrates with existing business software applications such as Customer Relationship Management tools (CRM), meaning businesses will be able to link payment data immediately to customer profiles to get a more detailed view of their purchasing preferences and better tailor their subscription offerings for each user.
Kevin Dallas, Chief Product and Marketing Officer, Global eCommerce at Worldpay, said: “The world is moving rapidly towards subscription services, from the way we watch sport to the way we use business software. Successful companies offer compelling subscription models that work for the business while offering the flexibility consumers demand. By combining our global payments capability and expertise in the digital content space with the power of Zuora’s offering, we are enabling our customers to become leaders in the subscription economy.”
John Phillips, Regional Director, Northern Europe from Zuora said: “Collaborating with Worldpay means we can offer our global customers, and their customers, more flexibility and scalability when it comes to subscribing to new goods and services. By providing more choice than ever before, companies are able to tailor subscription offerings to attract a wider range of consumers, on more attractive and profitable terms.”
OZ, which recently launched a premium video platform for high end creators and their dedicated fans, is benefiting from Worldpay’s and Zuora’s global payment system, which will enable the company to cater to the needs of both their creators and subscribers, while reaching a broader customer base in new markets in the United States and abroad. It provided OZ with a pre-built and integrated system, delivering greater flexibility, and savings of up to 60 per cent in development time and costs.
Paula Gould, Head of Marketing for OZ states: “Security, usability and scalability is vital for OZ and having a subscription model with transparency and flexibility is critical to our creators and viewers. The integration between Worldpay and Zuora is an ideal match for our needs.”
To find out more about the partnership:
- Meet Worldpay, Zuora and OZ at the Zuora Subscribed event on 7 October in London
- Opt-in to receive our upcoming joint whitepaper with Zuora at offers.worldpayglobal.com/subscribe
For more information please contact:
Worldpay is a leading global provider of payment and risk services, processing millions of transactions every day. We provide an end-to-end service including card acquiring, treasury, gateway, alternative payments and risk management, all of which can be provided with a single integration to Worldpay. We make global payments simple for many of the world’s leading organisations.
Zuora builds and sells modern, ﬂexible and easy-to-use enterprise software that enables companies to manage all aspects of their relationship with their subscribers. Zuora’s applications are designed to automate billing, commerce, and finance operations.
OZ is a subscription-based premium video platform empowering creators to quickly launch exclusive video channels that more deeply engage their most passionate fans and viewers around the world. OZ is for video creators and viewers who want a flexible and transparent subscription-based service for distributing, viewing and developing a passionate community around video content. www.oz.com