SAN MATEO, Calif.--(BUSINESS WIRE)--
Vindicia, an Amdocs company (NASDAQ: DOX) and the leader in business-to-consumer digital services monetization, today announced that Vindicia® CashBox® now supports Apple Pay, which has transformed mobile payments with an easy, secure and private way to pay that’s fast and convenient. CashBox streamlines subscription and recurring payment services and improves the overall customer billing experience.
By adding Apple Pay to its existing range of payment solutions, Vindicia is providing its customers with a frictionless payment method that increases revenue, drives user adoption, and converts visitors to customers with a simple, more convenient way to pay. The integration with Apple Pay is a testament to Vindicia’s leadership in the B2C billing space and underscores the company’s commitment to providing the very best payment options with tremendous innovation, speed and agility for digital merchants and their customers.
“Companies are adopting subscription models, and by supporting Apple Pay, we’re making it easier and more seamless for consumers to purchase their favorite subscription services,” said Kris Nagel, CEO, Vindicia, an Amdocs company. “Vindicia is committed to introducing new ways to leverage innovative solutions to deliver ever-more convenient and secure mobile payment options for our customers. With already millions using Apple Pay everyday, this integration enables us to offer next-generation payment solutions that meet their expectations and gives them an easier and safer way to pay.”
With Apple Pay shopping in apps or on the web is simple with Touch ID, or just double-click the side button and glance at your iPhone X to authenticate with Face ID. There’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information with Apple Pay.
Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.
Vindicia CashBox is a SaaS-based billing platform for digital goods that accelerates business growth via data-driven insights, improved customer acquisition and extreme ease of use for subscribers. Other benefits include scalability and reliability; go-to-market flexibility; international and multiple payment options; and finance, tax and anti-fraud capabilities. Vindicia’s cloud-based technology augments Amdocs’ digital portfolio and together they help customers capture the exciting world of on-demand services and digital immediacy. For more information about Vindicia CashBox, please visit http://vindicia.com/products/vindicia-cashbox.
About Vindicia
Vindicia, an Amdocs company, believes that a subscription platform should pay for itself. The company’s comprehensive SaaS-based subscription management solution combines big data analysis, strategic consulting and proprietary retention technology to generate significant new revenue for its clients. Vindicia removes the barriers between the consumer and the goods and services they want. That's why the company’s client list reads like a who's who of subscription businesses. To learn more about Vindicia please visit www.vindicia.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171205005426/en/
