Rate Plan Details Pane

Rate Plans are usage-based pricing structures that let you price your offering according to consumption or tiers.

Field Guidance Relevancy
Status Once Saved, the top bar of the page displays the rate plan status such as Active or Inactive.Automatic
ID Your unique ID for the rate plan. The ID can't be changed or reused.
Note: use of the forward slash character (/) in merchant identifiers is not allowed.
Required
Description A meaningful and unique description of the rate plan. Optional
UnitsFrom the dropdown menu, select an existing unit or create a new unit. When creating a new unit define its name in both singular and plural forms. These names the appear in the customer Billing Statements.Required
Included UnitsNumber of units included in the base subscription before rated billing begins. Enter a digit. Default value is 0.Optional
Decimal PlacesSelect the number of decimal places to which Subscribe will round reported Rated Unit Event totals. This number affects the value displayed for the Begins at Level, as well as the manner in which Subscribe will calculate Billing Cycle charges for Rate Plan priced Products. Default level is 0.

For example, given a total of 346.26961

  • 0 rounds to the nearest integer (346)
  • 2 rounds to the nearest hundredth. (346.27)
Optional
Status Toggle between Active/Inactive. Inactivate the plan when you no longer want to offer it to your customers. Default value is Active.Required
ModelToggle between Usage/License. Default value is Usage.
  • Usage: select when usage is measured and reported during the billing cycle and then rated in arrears.
  • License: select when usage is calculated in advance based on the number of units purchased or licensed.
Required
ChargeToggle between Per Unit/Flat fee. Default value is Per Unit.Required
Price OnSelect the method by which the Rate Plan prices per Billing Cycle.
  • Each respective Tier: for each respective Tier, multiplies the number of Rated Unit Events for the Billing Cycle by the Rate Price for the Tier in which they occurred; and calculates, for each respective Tier, the charge by Tier use. That is, if a Tiered Plan is defined as $2 for 0-9 units, and $1 for 10-100 units, a customer who uses 15 units will be charged $2*9 + $1*6 = $24.
  • Highest Applicable Tier: to the highest applicable Tier, multiplies the total number of Rated Unit Events for the Billing Cycle by the price for the Tier in which the total number occurs. That is if the same plan as above was used, and 15 units again were used the Highest Applicable Tier would calculate the charge by multiplying 15 units by $1.00, for a total charge of $15.
Required