SOURCE: Vindicia

Vindicia

November 18, 2009 09:00 ET

Wicked Interactive Turns to Vindicia for Strategic Billing

Online Games Publisher Selects Vindicia CashBox™ for Diverse Payment Method Support and Global Reach

REDWOOD CITY, CA--(Marketwire - November 18, 2009) - Vindicia, a leading provider of on-demand strategic billing solutions, announced today that Wicked Interactive Ltd. has selected Vindicia CashBox™ for its online gaming platform, Suba Games.

Founded in 2008 and based in Toronto, Canada, Wicked Interactive offers a centralized destination where gamers can access a range of Massively Multiplayer Online (MMO) games in stunning virtual settings to meet, talk, compete and share in social gaming experiences. Reaching nearly one out of every two Internet users and representing nearly $7.7 billion or 70% of total PC gaming revenues last year, online gaming accounts for one of the fastest growing online categories.

Wicked Interactive selected Vindicia after a thorough competitive review for its flexibility in supporting multiple payment methods for its free-to-play games, worldwide reach and focus on customer acquisition and retention. CashBox will process all customer payments including credit card, debit card and PayPal transactions. The addition of Wicked Interactive to its roster of online game publishers, which includes Cryptic Studios, Realtime Worlds and Outspark, underscores Vindicia's market leadership. CashBox continues to be viewed as an essential component to any successful game launch -- from Cryptic's subscription-based MMOs to Outspark's free-to-play casual games.

"Vindicia's rich experience in the gaming market allows us to focus on creating and delivering the type of gaming experience our communities want without sacrificing the superior customer service they've come to expect," said Garvin Yeung, CEO of Wicked Interactive. "CashBox offered everything we were looking for -- the ability to scale, manage chargebacks and handle multiple payment methods."

"CashBox was designed with successful online game publishers like Wicked Interactive in mind," said Vindicia Chairman and CEO Gene Hoffman. "The Internet feeds a much more dynamic, social gaming experience and Vindicia CashBox will support Wicked Interactive in their mission to provide top quality free-to-play MMO games to its community."

About Vindicia

Vindicia offers an on-demand strategic billing solution for marketing and sales that manages subscriptions and one-time payments for online merchants. We work with some of the best-known brands on the Internet, including Symantec, Activision Blizzard, Intuit, and Atari/Cryptic. As an externally audited PCI Service Provider and a SAS 70 Type II company, Vindicia securely handles online revenue of over a billion dollars annually. For more information, visit www.vindicia.com.

Contact Information