
Charging, Pricing, & Rating
Make Pricing a Competitive Advantage
Connect:SM for Cloud Commerce provides you the flexibility and power to create and manage subscription pricing plans that give you an advantage over your competitors. Support for any type of pricing model, micro-transaction support, promotions and discounts, multi-currency capability, real-time, or near real-time usage pricing and balance management, are just a few of the capabilities that Connect:SM for Cloud Commerce offers so you can launch new subscription products and recurring services quickly and start capturing more market share.
Flexible Pricing & Rating for Recurring, Usage, and One-time Transactions
Pricing can be one-time, recurring, or usage-based. Individual products can include multiple recurring charges, usage plans, or one-time and miscellaneous charges. Pricing can be established for any frequency, and support is included for fixed or variable plans, including tiered and volume-based.
Pricing can include promotions and/or discounting. Promotions can be as simple as offering so many months for free and then charging for the monthly subscription to more complex promotions involving packages and bundles.
Charging can be done in advance or arrears and support is provided for synchronizing charging to the beginning of a period with proper pro-ration for interim usage, and/or partial-period charges.
Special pricing can be established for individual resellers, geographic areas, customer groups, and individual customers. Full integration is provided for the optional n-tier account hierarchy structure.
Move Beyond Simple Usage - Balance Management for Prepay & Top Up
Real-time balance management capabilities allow customers to charge against their prepaid or authorized credit balance until they reach a configurable threshold for refreshing (topping up) their credit balance. Configuration options are provided to establish how to handle uncompleted transactions that cross the threshold to ensure customer satisfaction.
Enable Micro Transactions
Connect:SM for Cloud Commerce enables you to accept transactions that normally would be too small in amount to handle via your established payment methods. Micro-transactions support is provided in conjunction with the real-time balance management functionality to enable the aggregation of small charges to an account based on a prepaid balance or authorized credit limit. Micro-transactions with balance management support can be combined with other payment methods on individual accounts, or any other grouping parameter, and is supported in the optional n-tier account hierarchy structure.
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