Zuora is a Subscription Management & Recurring Revenue Solution.
|
Feature
|
Paystand
|
Zuora
|
|---|---|---|
| Pricing | Subscription is based on annual volume processed through the system. |
Subscription-based pricing model which is based off usage, volume, monthly and annually. |
| Integration | Native SuiteApp - NetSuite is one-source-of-truth, no syncing back and forth as everything lives natively inside of NS. |
This integration includes the following high-level integration points between Zuora and NetSuite:
|
| Credit Card Rate | 2.39% + $0.30 per transaction (plus ability to pass over to payer if desired) |
Offers through 3rd-party partners: Ayden: 2.5%-3.9% + $0.30/txn depending on card type Amazon Pay: 2.9% + $0.30/txn Authorize.net: 2.9% + $0.30 (plus $25/month) BlueSnap: 2.9%+ $0.30/txn Braintree: 2.9%+ $0.30/txn CardConnect: 2.57% + $0.10/txn Chase Orbital: 2.9%+ $0.25/txn Checkout.com: 2.9%+ $0.20/txn CyberSource: 2.6%- 3.5% + gateway fees First Data: 3.29%-3.69% + $0.09-$0.19/txn IP Payments: 2.6%- 3.5% + gateway fees Mastercard Gateway: 2.5% + $0.10/txn Merchant eSolutions: 2.69%-5.19% + $0.30-$0.50/txn (plus $30-$64.95/month) Moneris: 2.65% + gateway fees NMI: 2.5%-3.9% + $0.10/txn depending on card type Paypal Pro: 2.9% + $0.30 (plus $30/month) Payflow Pro: 2.89% + $0.49/txn (plus $30/month) Payeezy: 2.9% + $0.30/txn (plus $19.95/month) Vantiv: 2.6% + $0.20/txn WePay: 2.9% + $0.30/txn Worldpay: 2.7%-3.3% + $0.30/txn |
| ACH Rate | $0.35 per transaction (plus ability to pass over to payer if desired) |
Zuora supports ACH for specific gateway and ERP integrations such as Authorize.net, CitiConnect, & CyberSource. Authorize.net: 0.75%/txn CyberSource: Unknown Citi: Unknown |
| Free Payment Option | Paystand's Bank-to-Bank Network (0.00% + $0.00 per transaction) | None |
| Fee Management |
Paystand offers two options, Convenience Fees and our Credit Incentivization Feature. Convenience Fees actually passes the fee along to the payer to motivate them to move over to more cost-effective options. Majority of our customers do this and pass over a 3% fee to create an additional source of revenue to cover the cost of the monthly subscription fee. The Credit Incentivization Feature allows you to instead offer a 1% credit on the current or next invoice if they choose to pay with Bank-to-Bank instead of CC, which would end up saving you the 1.39% you would have ended up paying had they paid through CC (originally 2.39%.) |
No fee management information found. |
| Automatic Reconciliation | Yes, all reconciliation for payments made through Paystand is done automatically. |
Real-Time Reconciliation enabled, the payment gateway can submit notifications to Zuora for various event types on gateway objects, and the corresponding records can be automatically updated in real-time. Zuora Gateway Reconciliation feature supports retrieval and recording of gateway's payment processing, settlement, and post-settlement events, to aid in the gateway reconciliation efforts. Gateway Reconciliation only applies to the gateway state of the payment or refund transaction. |
| Payments Interface | Completely customizable to your brand, with smooth customer experience, modern UI/UX, partial payments, and real-time balance updates. | Subscriber Portal is a web portal solution provided and hosted by Zuora. It not only provides a means to quickly access your customers' billing and transactional data created in Zuora, but also enables you to customize portal instances based on your preferences. Supports the integration with Okta, Auth0, and JSON Web Token (JWT) SSO services. |
| Click-to-Pay on NetSuite Invoices | Auto-Embedded within new or existing NetSuite templates & workflows. | Embedded within new or existing NetSuite templates & workflows. |
| Cash Application | Real Time: payment records written to NetSuite instantly to auto-update the balance on the invoice. |
Zuora's Payment Operations is our way to manage your invoice to cash process, or Accounts Receivables. Every system has different transactions and business operations for the Invoice to Cash Business Process. The Invoice to Cash business process starts with the invoice and includes all actions that the user or system performs to apply payments, give credits and ultimately to collect cash from your customer. |
| Customer Statements | Enable your customers to view and pay multiple invoices/account balance with a few clicks, payment records automatically written to corresponding invoices. | An invoice is generated from a bill run. Invoices are the bills that you are sending to your customers. Zuora billing and rating engine generates chargeable events for timely and accurate invoices. The invoices are generated automatically and driven by the configuration of products, rate plans, and billing schedules. When it is time to invoice, you can process them thousands at a time, do it on-demand, or one at a time as your customers need it. |
| Automated Payments | Create advanced & automated recurring billing schedules for any required configuration (monthly, quarterly, net terms, installments, usage based, etc) directly within NetSuite environment. |
Auto Pay: In the Customer Accounts module, you can enable customers for Auto-Pay which means that the customer has authorized you (as the merchant) to automatically charge their electronic payment method on file when payment is due. |
| PCI Compliance | Funds-on-file are automatically tokenized in a PCI Compliant manner, relieving your team of PCI Compliance restrictions. |
Zuora, being PCI Level 1 compliant, stores credit card details in a secured manner and makes the invoice-to-cash process easy. Platform is fully PCI compliant. |
| 3rd-Party Required | None |
3rd party processor and gateway Integration with ERP allows Payment Gateway. |