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Usage

Usage

CashBox gives you the flexibility to offer both usage-based and flat-rate pricing systems using CashBox Rate Plans. You turn to the rate plan features in the easy-to-use CashBox Product Catalog to create usage-based pricing structures for products. With usage-based products, pricing varies by the number of items or the quantity of service used. In contrast, a flat pricing system is the same regardless of the number of items or quantity of service used. Usage-based pricing provides you with the opportunity to start customers with an inexpensive plan and upsell them as they realize the value of your offering.

You can add tiers to charge different prices based on usage. For instance, if you were changing for minutes of usage, you could charge $20 for up to 200 minutes, $0.05 for each additional minute up to 300 minutes, and $0.01 per minute of additional use. You can also set minimum and maximum monthly limits.

Using Rate Plans

CashBox offers two types of rate plans, each of which can be configured to suit your needs. The rate plan types are:

  • Prepaid, license-based models. These plans provide your customers with the option to buy individual licenses, or seats, for prices defined in your rate plan. With this type of plan, you can establish pricing tiers based on the number of licenses purchased, making it easy to offer volume discounts.
  • Postpaid, usage-based models. With this type of plan, your customer signs up for your service, uses it, and is charged for the services used. You can create price tiers based on the amount of service used. The measures used can be based on definitions you select, such as minutes, storage or processing volume, number of items used, or other measure.

CashBox grants entitlement to access your products if customers are in good standing with payments. For postpaid pricing, this means that the customer has successful paid for the prior billing cycle. The number of use-events is reported throughout each billing cycle. The account is then billed according to the number of items consumed during the previous billing cycle, and granted entitlements for the following cycle

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