Leaders offer secure, reliable payment processing integrated with best-of-breed subscription billing
Dallas, TX and Media, PA – Mar 30, 2010 – Chase Paymentech, a leading merchant acquirer and payment processor, and Aria Systems, Inc., the leading provider of on-demand billing and subscription management solutions, announced their agreement to offer merchants a solution that combines Aria’s SaaS based billing platform with the security, reliability, and broad currency support of Chase Paymentech.
Chase Paymentech is a leader in global payments processing, authorizing transactions in more than 130 currencies, which has helped the company capture a significant share of global card-not-present (CNP) payments. The company’s data security, experience, and fault tolerant infrastructure complement Aria’s billing and subscription management capabilities, creating a platform for worldwide monetization of subscription products and services.
The Aria Billing and Subscription Management Platform affords merchants with unmatched flexibility by automating one-time or recurring subscription and usage-based charges for any measurable unit of usage. Aria lets merchants capture the full value of their products and services, bring new products to market quickly, and easily adjust plans and pricing as market and competitive conditions evolve.
Issuu, the leading digital publishing platform, uses Chase Paymentech and the Aria Platform to monetize their publishing platform which includes more than one million digital publications from a large and diverse network of media and publishing companies, freelancers and marketers. Issuu is used by more than eleven million visitors per month and is trusted by leading organizations like Google, Viacom, Random House, Siemens, The New York Times, The Telegraph, the United Nations, and thousands of other publishers.
“Aria Systems and Chase Paymentech give us a secure, reliable solution for integrated recurring billing and payments,” said Astrid Sandoval, CCO Sales & Marketing at Issuu. “With Aria and Chase, we’ve got a globally-capable solution that can grow and scale with us as our business grows.”
About Aria Systems:
Aria Systems is the subscription billing and management market leader serving Global 2000 companies. The Aria Subscription Billing Platform is the industry’s only enterprise-class solution that automates the entire subscriber life cycle for all recurring revenue models. Disney, Pitney Bowes, Ingersoll Rand, DreamWorks, EMC, Internap, VMware, Taleo, and HootSuite all rely on Aria for fast time-to-market, low operational costs, and monetization flexibility. For more information, visit www.ariasystems.com.
About Chase Paymentech:
Chase Paymentech, a subsidiary of JPMorgan Chase (JPMC), is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2009, Chase Paymentech processed more than 18 billion transactions with a value exceeding $409.7 billion, including an estimated half of all global Internet transactions. The company also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentech’s unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small. More information can be found at http://www.chasepaymentech.com.