Challenges and solutions for online payments in the software industry.

The top 10 challenges and solutions for the online software industry are set against a backdrop where companies and individuals are changing the way they buy and use software applications.

The Internet market is a strong driving force for new ‘mainstream’ type applications.  Niches will even become even smaller with increased competition.
The old software business model driven by a one-time sale  with multiple updates is being replaced by an ongoing subscription model to access the most-up-to-date application. This is a major shift for companies with easy and direct access to a global economy, lower cost of operating, direct communication with companies and consumers, and a centralized billing platform.

The top 10 challenges and solutions presented in this paper focus on how GlobalCollect provides a scalable solution for  the various challenges in the new global software industry’s billing requirements.