We are excited to announce the introduction of Usage-based billing within the platform. With Usage-based billing, your customers can now enjoy tailored billing that scales with their actual consumption, ensuring they only pay for what they use. This feature allows you to test, measure and scale your pricing strategy with flexibility and reduce churn by offering tailored plans that grow with your customers.

Why We Introduced It:

In response to customer feedback and evolving market demands, we recognized the need for a billing model that adapts to variable usage. Whether it’s SaaS, utilities, or any consumption-based service, Usage-based billing offers:

• Flexible billing: Customers are billed based on actual usage, leading to fairer and more accurate charges.
• Scalability: As usage grows, billing scales automatically, removing the guesswork for businesses.
• Cost efficiency: This model eliminates the need for expensive fixed-rate plans, ensuring customers only pay for what they consume, building trust.

Learn more from our documentation

Explore detailed instructions on how to set up a Usage-based billing model in our support documentation here:

• Step-by-step guides on creating and configuring a Usage-based billing product.
• The various pricing models available for usage-based billing:

1. Per unit (flat pricing)
2. Per unit – Step (graduated pricing)
3. Per tier (volume pricing)
4. Per tier – Step (graduated volume pricing)
5. Percentage (revenue share pricing)
6. Percentage – Step (graduated rev share pricing)

• API integration details and tips for configuring billing for your customers.
• Information on calculating usage using different strategies, such as Sum of All Usages, Maximum of All Usages, and The Latest Usage.

For any questions or feedback to improve or validate the new product feel free to reach out to our support team support@billwerk.com

Contact our sales team for a personalized demo or to discuss how the solution might work for your business.