Randicoot Receives Highly Commended Award for Best ecommerce Payment Innovation

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The Payment Innovation award recognises Randicoot’s (http://www.randicoot.com) unique & secure in-player billing capability and low friction approach to online and mobile payments. An approach that is low on distractions and keep the customer in the video player. We allow businesses to move away from user-impenetrable ‘pay walls’ with up to 40 required data fields to user friendly ‘pay fields’ that are welcoming and require just 10 characters.

Subscription, pay-per-view and micro-billing solutions.

Randicoot - subscription, pay-per-view and micro-billing solutions.

We can launch clients globally in 24 hours, securely, with multiple currencies, languages and billing methods.

Randicoot is a rapidly growing UK start-up focused subscription, pay-per-view and micro billing solutions for the online paid video market.

Randicoot uniquely offers turnkey pay-per-view, micro billing, subscription and e-wallet capability to media owners or publishers on a variable cost basis only. Before Randicoot, development of a bespoke media subscriber management platform would typically exceed £1m+. Randicoot makes this full capability available for a few pence per transaction, a price point designed to disrupt the market, reduce piracy and transform the digital economy.

Randicoot allows media owners to launch a full media billing capability within 24 hours on leading online video platforms and players including KIT digital, Kaltura and JW Player. The solutions also seamlessly extend to IP set-top-boxes and mobile devices.

Nigel Regan, CEO of Randicoot said: “I truly love our company. Our dedicated development team has built an incredible suite of services and low-friction payment solutions that will transform digital revenues for media owners. That we can launch clients globally in 24 hours, securely, with multiple currencies, languages and billing methods is truly disruptive and a testament to our dedication and commitment to the media market.”

Randicoot offers three core services:

Secure identity management – allowing customer details to be stored in a highly secure framework that exceeds the highest security standards.

Pricing and bundling – price individual media assets or group them into packages, channels or bundles. Set complex pricing policies and wholesale revenue allocation in real-time. Offer discounts,

Billing – Broad banking integration with 12 credit & debit card services including AMEX, Visa and Mastercard, premium SMS in 12 countries and global e-wallets. Anti-fraud services, the capability to perform 1million transactions per second and nano-billing to £0.00001.

Randicoot partners with KIT digital, Inc (NASDAQ:KITD) http://kitd.com and Kaltura http://www.kaltura.com

Best eCommerce Payment Innovation Highly Commended – Randicoot
Randicoot beat MPP Global and PayPal to win runner up award for Best ecommerce Payment Innovation.

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Nigel Regan

Nigel Regan
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