Zuora Named Amazon Pay Premier Partner for Millions of Merchants Seeking to Capitalize on the Subscription Economy
October 11 2018 - 9:00AM
Business Wire
The Telegraph and The Seattle Times are First
to Market with Zuora and Amazon Pay
Zuora, Inc. (NYSE: ZUO), the leading cloud-based subscription
management platform provider, today announced at its Subscribed™
New York conference, that the company has been named a Premier
Partner in the Amazon Pay Global Partner Program. Merchants can now
easily integrate Amazon Pay into their subscription checkout
experience. Publishers including The Seattle Times and The
Telegraph are now using the powerful combination of Zuora® and
Amazon Pay to accelerate the shift to the subscription model and
help increase their digital readership.
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the full release here:
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Amazon Pay provides customers around the world a fast, easy and
secure way to pay for products and services using the information
already stored in their Amazon account. Now available to Zuora’s
customers with tens of millions of subscribers, Amazon Pay on Zuora
creates an incredible solution for joint merchants seeking to
succeed in the Subscription Economy™. Available across the EU, UK
and US, Zuora’s integration with Amazon Pay supports merchants
looking to drive the growth of their digital goods subscriptions
and offer their customers a payment solution that is trusted, easy
and familiar.
"Subscriptions are The Telegraph's top strategic priority,” said
Chris Taylor, Chief Information Officer, The Telegraph. “The
convenience and reach of Amazon Pay has significantly reduced
friction and increased speed of sign up for our subscribers. In
combination with Zuora, the benchmark for subscription management,
this is incredibly powerful."
“We’re thrilled to be launching with Amazon Pay as a payment
method while running our subscription business on Zuora,” said
Curtis Huber, Senior Director, Circulation and Audience Revenue,
The Seattle Times. “To us, a subscriber-centric business model
means building a technology stack that supports our customers with
a seamless experience to consume our content on any device. We
believe Amazon Pay and Zuora are essential to our subscription
business growth. In fact, since adopting Zuora, we’ve already
improved retention rate by 30 percent. With the ease of use of
Amazon Pay, we expect to see retention rate increase even
more.”
“Zuora has shown the value of subscription models. By extending
the trust and convenience of the Amazon experience to Zuora,
merchants around the world can now streamline the subscription
checkout experience for their customers,” said Patrick Gauthier,
Vice President, Amazon Pay. “We are excited to be working with
Zuora to accelerate the Amazon Pay integration process for their
merchants and provide a fast, simple and secure payment solution
that helps grow their business.”
“Zuora’s integration with Amazon is huge for our B2C customers
whose buyers love the convenience of using Amazon Pay to easily
access their favorite subscription services. As companies expand
their digital payment options, the importance of integrating with
Zuora - their core billing platform - is even greater. Merchants
can easily add additional payment methods, like Amazon Pay, without
adding complexity or disrupting a seamless buying experience,” said
Tom Krackeler, Senior Vice President of Product, Zuora.
Amazon Pay Director of Global Marketing Kelly Wenzel will speak
today at Zuora’s annual conference Subscribed™ New York.
About Zuora, Inc.
Zuora provides the leading cloud-based subscription management
platform that functions as a system of record for subscription
businesses across all industries. Powering the Subscription
Economy™, the Zuora® platform was architected specifically for
dynamic, recurring subscription business models and acts as an
intelligent subscription management hub that automates and
orchestrates the entire subscription order-to-cash process,
including billing and revenue recognition. Zuora serves more than
1,000 companies around the world, including Box, Komatsu, Rogers,
Schneider Electric, Xplornet and Zendesk. Headquartered in Silicon
Valley, Zuora also operates offices in Atlanta, Boston, Denver, San
Francisco, London, Paris, Beijing, Sydney, Chennai and Tokyo. To
learn more about the Zuora platform, please visit
www.zuora.com.
Forward-Looking Statements
This press release contains forward-looking statements that
involve a number of risks, uncertainties and assumptions, including
but not limited to statements regarding the expected benefits of
Zuora’s core billing platform. Any statements that are not
statements of historical fact may be deemed to be forward-looking
statements. Actual results could differ materially from those
stated or implied in forward-looking statements due to a number of
factors, including but not limited to, risks detailed in the "Risk
Factors" section of Zuora’s Quarterly Report on Form 10-Q filed
with the Securities and Exchange Commission (SEC) on September 12,
2018, as well as other documents that Zuora may file from time to
time with the SEC. The forward-looking statements in this press
release are based on current expectations as of the date of this
press release and Zuora undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
© 2018 Zuora, Inc. All Rights Reserved. Zuora, Subscription
Economy, Powering the Subscription Economy, and Subscription
Economy Index are trademarks or registered trademarks of Zuora,
Inc. Other names and brands may be claimed as the property of
others. Nothing in this press release should be construed to the
contrary, or as an approval, endorsement or sponsorship by any
third parties of Zuora, Inc. or any aspect of this press
release.
SOURCE: Zuora Financial
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181011005120/en/
Zuora, Inc.Jayne Gonzalez, 408-348-1087press@zuora.com
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