ModusLink Simplifies Subscription and Payment Processing for High-Growth E-Commerce Companies
July 20 2016 - 8:00AM
Business Wire
Fully-Integrated Solution Provides Customizable
Payment Models to Maximize Revenue at Every Level
ModusLink Corporation, a wholly owned subsidiary of ModusLink
Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel
technology and fulfillment provider, today announced the launch of
its Subscription Solution, available worldwide. The
platform-agnostic solution, powered through ModusLink’s
enterprise-class Poetic™ software, is the only global full
omni-channel offering for creating and managing online
subscriptions. It includes functionality such as multiple payment
options, financial management and tax services, entitlement
management, systems integration, invoicing and fulfillment – all in
one, fully-integrated solution.
ModusLink® Subscription Solution is a flexible, easy-to-use
offering that follows the entire subscription lifecycle process
from the initial subscription order through pre-delivery
notification to ensure superior customer service. Users have the
option of integrating ModusLink® Subscription Solution either as a
standalone offering or via ModusLink® Poetic™ Service Cloud, which
enables end customers to tailor their subscriptions from product
selection to delivery schedule directly in a merchant’s online
store and modify it at any time.
The solution also extends beyond the traditional scope of
subscription management to help merchants maximize revenue and
growth opportunities through this line of business. Built-in
Financial Management Services empower merchants to expand their
global footprint and find new opportunities by tackling country and
industry-specific payment challenges, helping them grow as their
e-commerce strategy evolves. A cloud-based business intelligence
platform within the solution gives merchants tools for real-time
reporting, monitoring and analysis.
Additional features include:
Subscription Management
- Multiple subscription and recurring
payment options based on business needs:
- Merchant-initiated subscription billing
- merchants offer their own flexible subscription and marketing
models, keeping full control of all billing parameters on their
systems
- Automated billing plan - stored payment
plans allow collection of regular payments from buyers in a
predefined automated way
- High-End model - Merchants can manage
recurring payments, access rights to intellectual property, content
and services for all their products, on premise or in the cloud
(SaaS)
- Subscription registration integration
with resellers and partner systems
- Support of built-in and external web
store integration for subscription ordering
- Fixed calendar dates, floating time
periods, count-based and registration anniversary-based delivery
schedules
- Automated email notification deliveries
and renewal fulfillment
Payments
- All transactions are routed and
processed through a single integration
- Mobile point-of-sale, eCommerce,
mCommerce, and eTerminal (MOTO) are all configured and managed
through a single dashboard
- The merchant is in full control of
payment management and can request varying debit amounts and/or
frequencies (e.g. first month free, or changing payment
amounts)
Global Scalability
- Immediate access to more than 250
global and localized payment acquirers
- Cross-border processing and local
acquiring on a global scale
- Multi-region, multi-language and
multi-product line subscription program structures
- Full coverage of VAT (value-added tax),
indirect tax models, import/export taxing and reporting, Intrastat
reporting and support for regulatory or industry body compliance
such as the European Waste Electrical and Electronic Equipment
Directive (WEEE)
Risk Management
- Over 120 risk checks, including
tokenization for recurring payments, to strongly protect against
fraud and chargebacks
- Full compliance with the PCI (Payment
Card Industry) Data Security Standard
“As companies look to expand their global footprint, the proper
management of subscription services is critical in order to achieve
greater revenue potential,” said Murt O’Donnell, director,
ESolutions, at ModusLink. “Having a flexible, fully-integrated
subscription solution allows our customers to easily scale their
sales channels while maintaining the control to manage it in the
way that’s most impactful for their business.”
For more information, please visit
https://www.moduslink.com/subscription-services/.
About ModusLink Global SolutionsModusLink Corporation, a
wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ:
MLNK), is a global, omni-channel technology and fulfillment
provider that gives clients real-time visibility into their
end-to-end supply and demand chain operations, with expertise and
facilities worldwide to manage forward and reverse logistics. The
company’s operations are supported by more than 20 sites across
North America, Europe and the Asia/Pacific region. For more
information, please visit www.moduslink.com and
www.valueunchained.com, the blog for supply chain
professionals.
This release contains forward-looking statements regarding the
benefits of ModusLink’s subscription solutions. All statements
other than statements of historical fact are forward-looking
statements. The following important factors and uncertainties,
among others, could cause actual results to differ materially from
those described in these forward-looking statements: ModusLink's
success, including its ability to reach its revenue, sales and
profitability goals depends on its ability to execute on its
business strategy as well as the continued and increased demand for
and market acceptance of its services; global economic conditions,
especially in the technology sector are uncertain and subject to
volatility; demand for ModusLink’s clients' products may decline or
may not achieve the levels anticipated by ModusLink’s clients; and
increased competition and technological changes in the markets in
which ModusLink competes. For a detailed discussion of cautionary
statements that may affect ModusLink's future results of operations
and financial results, please refer to ModusLink's filings with the
Securities and Exchange Commission, including ModusLink's most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10-Q. Forward-looking statements represent management's current
expectations and are inherently uncertain. ModusLink does not
undertake any obligation to update forward-looking statements made
by the company.
ModusLink, ModusLink Global Solutions, the ModusLink Logo, and
Poetic are trademarks of ModusLink Corporation. All other company
names and product names may be trademarks of their respective
owners.
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ModusLink CorporationLindsay Daly, +1
617-986-5023moduslink@famapr.com