Charging customers based on their monthly usage has been a system available for quite a while now. From water and electricity consumption to internet and phone usage, metered billing is always around us. Metered billing is being widely implemented in SaaS and PaaS platforms lately and it is becoming a very vital functionality for subscription billing applications.
Metered or usage billing usually involves a base monthly recurring fee charged upfront plus additional charges based on usage, and at the end of the billing term the charges are calculated and collected. This can be very complex and painful or a simple straightforward process depending on how you go about getting things done.
At ChargeBee, we released more sophisticated features around metered billing recently, allowing merchants to charge their customers based on their usage of products and services.
For example, a website hosting company will calculate the cost based on the total GBs used per month and charge accordingly. This can be accomplished using this feature. Setting up metered billing is quite effortless. Enable invoice notification, and just add the line items and the charge, and ChargeBee takes care of the rest.
To know more about how metered billing works, please click on the link below:
To know more on using metered billing through the API calls:
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ChargeBee Recurring Billing and Invoicing for Online Business
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