As a result, the new version of the CashBox service is set to allow merchants to present aggregated and itemised invoices to customers and enable the payment, including the ability to bill customers for several services simultaneously and to collect for those services in a single payment. In addition, the enhanced service is set to offer hierarchical billing across multiple groups within an organisation.
Vindicia currently offers a range of payment methods including credit and debit cards, PayPal, InComm-based prepaid cards, Electronic Check (ACH in the US), European Direct Debit (ELV in Germany and Austria) and Boleto Bancario in Brazil to support both subscription billing and micro-transactions.
In recent news, Vindicia and the US fraud-fighting technology developer Kount are set to enter a partnership to provide fraud mitigation services and billing options to online merchants and call centre operations.
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