CWT on Tuesday announced a monthly billing model that reduces reconciliation time for clients, makes budgeting more predictable and avoids "unanticipated or hidden" fees. The "subscription fee" incorporates criteria such as a customer's "forecasted transaction volume" and any "value-added" products and services. CWT can adjust the fee as needs change.

According to a statement attributed to Brady Jensen, CWT VP of finance and head of global pricing, clients could save money based on "volume discounts" not typically found in the common transaction fee model. "This new billing model issues just one simple, comprehensive monthly invoice . . .

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