Monexa and reseller partner bring subscription pricing to the retail till.
30 März 2011 - 11:17PM
PR Newswire (Canada)
VANCOUVER, March 30 /CNW/ -- VANCOUVER, March 30 /CNW/ - Monexa
Technologies Corp. (TSX-V: MXA), ("Monexa"), the leader in flexible
subscription billing, announces that a US-based Fortune 500
specialty retailer is using a Monexa commerce solution to offer
convenient and affordable pay-as-you go pricing for its consumer
service products at its in-store point of sale terminals.
Jointly developed and delivered through an authorized Monexa
reseller, this unique solution is now in a pilot release
phase. The retailer plans to expand this offering to over
four thousand retail outlets across the United States by June,
2011. This is the first launch of this unique retail
solution. Jointly developed by Monexa and one of its
authorized resellers, the solution integrates with the retailer's
point of sale system to capture customer information and set up
automatic future payments. For maximum customer convenience,
a branded online self-service portal allows the retailer's
customers to take charge of their accounts and manage their
services and payments without returning to the store. Integration
of the solution with the retailer's point-of-sale systems began in
the fourth quarter of 2010 and the first stores went into operation
in February 2011. "Fortune 500 companies see our flexible and
capable automated billing and payments solutions as a great tool to
drive new revenue. Bricks and mortar retailers, online
businesses and cloud service providers get new revenue sooner with
Monexa's cloud-based billing solution," said John Jacobson,
President and CEO of Monexa. About Monexa Monexa's financial
services automation software, delivered as a cloud-based on-demand
service, automates billing and revenue generation for a wide range
of customers. The capable and open subscription billing and
payments solution combined with extensive 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, AOL Canada, Sprint,
Amway and Bell Mobility. For more information about Monexa Billing
and the ways Monexa can help you monetize, 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/March2011/30/c7963.html
table tr valign="top" td align="left" bInvestor
Contact:/bb /bbr/ Garth Albright, CFObr/ D: 604.630.5657br/
E: a href="mailto:ir@monexa.com"ir@monexa.com/a /td td
align="right" /td /tr /table p /p
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