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Maxio allows for the creation of unique subscriptions from scratch or the tailoring of current product and component pricing for specific customers. This enables the management of sales-negotiated contracts alongside self-service signups without cluttering the main product catalog.
Maxio automates rating and billing for common usage-based billing models such as metered, tiered, and stair-step. It also offers granular event-based billing, allowing customers to pre-pay for services or pay in arrears with their monthly bill.
Through Maxio’s hosted billing portal, customers can manage their subscriptions by updating credit cards, changing plans, and opting for upgrades or downgrades. Businesses can also customize the actions subscribers can take and personalize the branding of the portal.
Maxio’s public signup pages are highly customizable with CSS and JavaScript, allowing for optimization of product and user experience. They also support configuration for automatic or remittance billing, subscription billing cycles with proration, coupons, and custom fields.
Maxio supports automatic collection from a payment method on file, remittance options for customers to pay via credit card, check, or bank draft, and prepaid models for usage-based services where an initial prepayment funds the service.
Invoices can be automatically generated upon subscription signup, at subscription renewal, for prorated upgrades, and for ad hoc charges. This automation streamlines the invoicing process for various billing events.
Source: chargify.com