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Redwood City, Calif. – October 7, 2015 – Vindicia, a leader in enterprise-class subscription billing, today announced that Media Prima Berhad is using Vindicia® CashBox® to support various billing requirements across the MPB Group. Media Prima is Malaysia’s leading fully-integrated media group with diversified businesses under six core platforms, namely TV Networks, Print Media, Radio Networks, Big Tree Outdoor, Content Creation and Digital Media. Vindicia CashBox will play an integral role as it relates to Media Prima’s strategy to develop a fully-integrated media group with a unified customer experience.
Media Prima currently has more than four million registered users on TonTon, the number one Malaysian video portal, and more than five million readership for Media Prima’s three printed media. The company selected Vindicia CashBox based on its ability to support various content management technologies through its open API architecture and its flexibility to provision Media Prima’s various business models. In addition, Media Prima will be utilizing CashBox’s use of credits as a way to build loyalty and a connection around its various content streams.
Paul Moss, GM Platforms & Technology at Media Prima Digital, explains how the company takes advantage of Vindicia CashBox: “Vindicia will allow Media Prima users to have an easy and seamless experience when purchasing or signing up for content, which will help us build loyalty and affinity for our various service offerings. Vindicia will be integral in Media Prima’s mission to unify the full customer experience across all our platforms.”
“We’re pleased that Media Prima will be using CashBox to support their various billing requirements,” says Gene Hoffman, chairman and CEO of Vindicia. “As companies increasingly turn to subscription and recurring revenue business models, they’re finding that traditional billing platforms fall short. CashBox delivers the go-to-market flexibility, security, reporting, and customer support that companies need to thrive in the subscription economy.”
For more information about Vindicia CashBox, please visit http://www.vindicia.com/products/vindicia-cashbox.
Vindicia CashBox is a subscription billing platform that drives higher levels of customer acquisition, retention, and satisfaction. Designed to support the subscription lifecycle, CashBox helps companies that provide digital goods and services by subscription to grow their customer base and revenue. The result: CashBox makes you bigger faster. It also delivers the back-office finance, tax, and anti-fraud automation you expect in an enterprise-class solution.
Vindicia brings enterprise-class innovation to consumer-facing subscription billing to help digital companies acquire and retain more customers by making payments seamless, secure and easy. Vindicia keeps customers connected to the subscription services they love, and companies connected to the subscription revenues they need. Vindicia has processed more than $21 billion globally and generates over $90 million in annual incremental revenue for clients. Clients include TransUnion Interactive, IAC, Bloomberg, Vimeo, and Next Issue Media. Vindicia was recently ranked the number one billing software solution on the market by Business-Software.com, and recognized as a “Top 100 Promising Tech Companies” by CIOReview magazine. For more information visit: www.vindicia.com.