by Guest Post
Prepaid Subscriptions have dropped at Chargify! 🎉 This latest addition to our core functionality is a game changer for businesses that want to use value-based pricing to level up their billing. So, let’s jump right in. Shall we?
Introducing Prepaid Usage-Based Subscriptions
Today’s B2B SaaS businesses need to adapt to customer-centric, value-based pricing strategies if they want to stay competitive. Our latest functionality will help you do that while retaining a recurring revenue stream.
**Chargify’s Prepaid Subscriptions now allow you to bill your customers upfront for what they use.** As your customer uses your service, their balance is automatically drawn down against based on their consumption, refilling according to a preset threshold.
This billing process offers several advantages. Namely, it allows you to capitalize on the value of usage-based billing (like higher adoption rates, transparency in billing, and value-based pricing) without the drawbacks associated with billing in arrears (think delayed payments—or worse—“dine and dashers”). All the pros without the cons.
Secure, Value-Based Pricing (Without Overwhelming Your Developers)
This model isn’t new. Industry leaders like Datadog, Twillio, and AWS have been using this upfront, value-based billing model to great success for years. But in order to do so, they had to create their own in-house billing… from scratch. Many B2B SaaS companies dream of replicating their success; they simply don’t have time or resources for such a heavy lift. And besides, most would rather leave billing to the experts, so they can focus on developing the products their customers love.
That’s where we come in. At Chargify, we have taken this unique billing model and democratized it. We’re the first to offer Prepaid Usage-Based Subscriptions as a core feature of our product. It’s simple, accessible, and powerful enough to take your business to the next level.
For our existing customers, this new subscription type is easy to deploy. It’s just like creating any other subscription in Chargify! Simply choose “prepaid” instead of automatic or remittance. For newcomers, Chargify will be love at first sight, no matter where you’re coming from. ****We’re the only billing solution that truly understands the specialized needs B2B SaaS because we are B2B SaaS.
Welcome to the utopia of true value-based pricing. Learn more about Prepaid Usage-Based Subscriptions and whether they’re right for your business.
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