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Terapeak Selects eCommerce Solutions Provider Avangate to Manage SaaS Online Sales

By Rajani Baburajan
TMCnet Contributor

Avangate, an eCommerce solutions provider, announced that Terapeak, a provider of eCommerce market research and payment analytics, has selected Avangate as their official online vendor to help manage SaaS (News - Alert) online sales.

Besides assisting in consolidating Terapeak’s payments and billing services, and increasing global reach, the flexibility of Avangate's solution provides Terapeak with the global scale and local depth to accept 27 different payment methods in 24 languages.

“We needed an eCommerce service provider to easily integrate with our existing software systems, such as Salesforce.com (News - Alert); provide our customers with subscription billing options; and to simplify our international expansion by serving as our merchant of record across a number of worldwide locations,” said Chris Krystalowich, director of Client Services, Terapeak, in a statement.

“One of the main reasons we chose Avangate was their flexibility. Avangate shares our dedication to superior customer service and by offering support for multiple licensing models for SaaS companies, they help accelerate our ability to get to market quickly,” Krystalowich added.

The sole authorized re-licensor of eBay (News - Alert) data, Terapeak provides custom insights and SaaS technology-enabled solutions to eCommerce merchants. Terapeak will have the capability to offer recurring payment capabilities, coupons and other special offers leveraging the Avangate solutions, company officials said.

Earlier, Terapeak operated with multiple, disconnected billing services. Those services limited the supported payment methods, as well as put barriers to adding new services and new markets entry.

“Our goal with companies like Terapeak is to act as a global partner and equip them to increase their international presence and at the same time stay locally relevant,” said Joseph Brown, senior vice president of Worldwide Sales, Avangate, in a statement.

Recently, Avangate announced that TeamLab, a corporate collaboration platform for document and project management, selected Avangate to manage their SaaS online sales.