Prepaid Usage uses the concept of pre-paying usage products as well as provides the ability to re-load or top-up usage products when all of the allocated units have been used up by the customer/account. This behaves similar to the Subscription-type rating method with linked overages where the said linked overages (Usage-type products) will have included quantities that will be free of charge when usage is received until such time that the linked overage threshold amount is reached. When that happens, the prepaid usage product can either:
- Generate a new Prepaid Usage charge.
- Not generate a new Prepaid Usage charge and the active rate for the linked overage product will be used instead for the usage quantity that is beyond the threshold defined on the linked overage configuration.
Step 1. Create a new product.
Go through the motion of creating a new product by referring to the How To Create A New Product section. When asked to specify the Rating Method, select Prepaid Usage.
Step 2. Specify the rate details
You have the ability to skip defining the default rate for the product for later definition when provisioning to a customer or when it is added to a package as a package product. For the purpose of this process, we will define the default rate for the product that you created.
Click the Specify Default Rate checkbox and enter the rate corresponding to the currency code that the product will be used for.
Refer to table 1 below for the field definitions to help you populate the rate details and attributes of the prepaid usage product.
Click Submit to save the changes.
Indicates if a new prepaid usage product charge is generated and invoiced to the customer when the linked usage quantity is used up. If left unchecked, the prepaid usage product will not generate a new charge and the linked usage product will be invoiced using the active rate.
|Linked Overage Products||
Linked overage components will allow you to add an amount of usage included with the prepaid usage. You may link any usage product that is already configured in the application.
This is specifically useful for product offerings where you have a flat fee and then will charge the customer for any excess usage. This field will then contain the product that will capture the excess usage.
Indicates which overage information will be monitored and rated. Available options are:
|Tiered Rate Type||
Only applicable for Tiered Pricing, this allows for choosing the behavior of how usage data is handled for tiered rates. Available choices are:
|Tier Calculation Level||
Only applicable for tiered pricing, this indicate the aggregate level of the tiered rates. Available options are:
|Split Usage Crossing Bands||When dealing with large chunks of data, enabling this option will allow the splitting of usage data across bands. Disabling the option will have the large chunk rated against the lower band.|
Indicates the type of pricing that the product will use. Available options are:
Pricing rate of the product.
Minimum charge when this product is charged to the customer. If the computed rate multiplied by the # of consumed units is less than the minimum charge, the minimum charge will be reflected on the customer's invoice.