19 April 2018
https://www.avoka.com

Zuora introduces subscription billing for Facebook apps

03 March 2009  |  5227 views  |  0 keyboard 2

Subscription billing and payments start-up Zuora has launched Z-Commerce for Facebook, a tool that lets developers charge for applications on the social networking site.

Zuora claims its tool is the "missing link" that will make the Facebook economy a reality. The start-up says that, until now, the developers of the 52,000 Facebook applications currently in existence have only been able to make money through advertising.

Z-Commerce will now enable developers to charge for their applications using recurring pricing, usage-based fees, one-time charges or subscriptions.

Tien Tzuo, CEO, Zuora, says: "Everyone knows that, even though Facebook is hugely popular, it lacks a genuine revenue model for applications. Facebook's potential won't be realized until there is a viable commerce engine - this is what Z-Commerce for Facebook is all about."

Z-Commerce includes an online console for developers to register their applications with Zuora, set up price plans and view which Facebook users have subscribed to which apps.

Developers can also add pre-built widgets directly into their application, to handle subscription sign-ups, update billing and view subscriptions, invoices and payments. The system also lets developers limit access to applications to subscribers.

Zuora introduced its first product, Z-Billing, last May and says it wants to build the "PayPal for the subscription world". PayPal president Scott Thompson joined the board in September and the following month the firm announced a series B funding round of $15 million.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Fraudsters hijacking Facebook accounts

Fraudsters hijacking Facebook accounts

11 November 2008  |  14255 views  |  0 comments
Pre-paid outfit Mint targets Facebook gamers

Pre-paid outfit Mint targets Facebook gamers

03 September 2008  |  5847 views  |  0 comments
SEFCU taps Facebook

SEFCU taps Facebook

10 July 2008  |  12544 views  |  0 comments
Visa taps Facebook users

Visa taps Facebook users

24 June 2008  |  8114 views  |  0 comments
Facebook users want Web 2.0 banking

Facebook users want Web 2.0 banking

04 June 2008  |  20056 views  |  0 comments
Moneybookers launches online payments application on Facebook

Moneybookers launches online payments application on Facebook

16 May 2008  |  12829 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
hands typing furiouslyArtificial Intelligence for fraud detectio...
12716 views 0 | 10 tweets | 6 linkedin
Speculative interest in cryptocurrencies may have peaked - BarclaysSpeculative interest in cryptocurrencies m...
10665 views comments | 16 tweets | 11 linkedin
Competing in an increasingly competitive spaceCompeting in an increasingly competitive s...
10196 views comments | 1 tweets | 2 linkedin
Revolut launches spare change savings toolRevolut launches spare change savings tool
9098 views comments | 14 tweets | 19 linkedin

Featured job

Find your next job