A one-time charge is a payment against the goods or services sold once and it is unlikely to occur again.
Muvi Billing is a subscription billing system that can be used for managing one-time payments on-demand or automated. Muvi Billing uses multiple payment modes, settlements streams, taxes, and much more.
The value metric aligns with the value your customer gets from your product or service. Some common value metrics are - Users: As the number of users increases so does the cost. This is the most common value metric used by companies today. Data: The value increases for the customer based on the amount of data they consume. Events: Like API calls, Notifications, tasks, phone calls, etc.
With Muvi Billing you can configure multiple pricing models, a few of those are:
To reap the benefits of quantity-based billing, you need to automate workflows, including payment collection, invoicing, and revenue recognition, based on the individual customers. Muvi Billing helps you improve billing accuracy and increase billing efficiency across the board by converting your manual processes into automated workflows.
While running a subscription business it is important that you offer multiple payment options for your customers to choose from. Muvi Billing offers 17+ payment gateways that allow you to accept payments with credit cards, debit cards, ACH, carrier billing, digital wallets from anywhere in the world. You can also integrate your preferred payment gateway or even integrate your own, out-of-the-box and accept payments in local currencies across the world.
Quantity-based billing is complex and revenue streams can be unpredictable sometimes. Analyzing billing performance is important to correct any issues which may hinder your growth later. Muvi Billing offers you a birds-eye view of important metrics like Average Revenue Per customer, Lifetime Value, revenue for specific regions, customer segments, and payment gateways, etc