Zuora, a Redwood City, California – based startup has launched a new product capped “Z-Payments”, that manages the entire life cycle of getting payments from customers including the issues that could arise in payments such as credit card expiries, suspension warnings, customizable payments terms, penalties for non payments and so on. Z-Payments will be available for free to Z-Billing customers, and as a standalone product with a base price of $500 per month. Zuora has raised $6.5 million from Benchmark Capital and Marc Benioff, CEO of Salesforce.com
[via VentureBeat]



