Westcon-Comstor delivers own flexible payment offering

Tuesday 17 May 2022 12:27 CET | News

US-based technology provider Westcon-Comstor has launched Flex, a payment service which provides flexible funding for the IT channel.

Flex provides a range of flexible payment solutions, contracted, and invoiced directly by Westcon-Comstor, without having to go through third party billing agents or brokers. This allows partners and vendors to offer more solutions in their portfolio on a subscription basis, regardless of their billing capabilities or customer budget restrictions.

Forming a central part of Westcon-Comstor’s broader Partner Success approach, Flex is designed to enable long-term, sustainable success, profitability, and relevance in the growing as-a-service world. An adopter of the new service is Cello, a New Zealand-based telco, which tapped Flex during the height of the pandemic to help its clients tackle funding crunches.

With over 90% of tech companies now embracing consumption business models, according to EY, Flex will help all Westcon-Comstor channel partners and vendors take advantage of subscription models and capitalise on the direction that the industry is headed.

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Keywords: BNPL, product launch, subscription payments, subscription economy, lending, funding
Categories: Payments & Commerce
Companies: Westcon-Comstor
Countries: World
This article is part of category

Payments & Commerce


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