Skip to main content

Price

The Price resource represents a price that can be billed on a subscription, resulting in a charge on an invoice in the form of an invoice line item. Prices take a quantity and determine an amount to bill.

Orb supports a few different pricing models out of the box. Each of these models is serialized differently in a given Price object. The model_type field determines the key for the configuration object that is present.

Unit pricing​

With unit pricing, each unit costs a fixed amount.

{
    ...
    "model_type": "unit",
    "unit_config": {
        "unit_amount": "0.50"
    }
    ...
}

Tiered pricing​

In tiered pricing, the cost of a given unit depends on the tier range that it falls into, where each tier range is defined by an upper and lower bound. For example, the first ten units may cost $0.50 each and all units thereafter may cost $0.10 each.

{
    ...
    "model_type": "tiered",
    "tiered_config": {
        "tiers": [
            {
                "first_unit": 1,
                "last_unit": 10,
                "unit_amount": "0.50"
            },
            {
                "first_unit": 11,
                "last_unit": null,
                "unit_amount": "0.10"
            }
        ]
    }
    ...

Bulk pricing​

Bulk pricing applies when the number of units determine the cost of all units. For example, if you've bought less than 10 units, they may each be $0.50 for a total of $5.00. Once you've bought more than 10 units, all units may now be priced at $0.40 (i.e. 101 units total would be $40.40).

{
    ...
    "model_type": "bulk",
    "bulk_config": {
        "tiers": [
            {
                "maximum_units": 10,
                "unit_amount": "0.50"
            },
            {
                "maximum_units": 1000,
                "unit_amount": "0.40"
            }
        ]
    }
    ...
}

Package pricing​

Package pricing defines the size or granularity of a unit for billing purposes. For example, if the package size is set to 5, then 4 units will be billed as 5 and 6 units will be billed at 10.

{
    ...
    "model_type": "package",
    "package_config": {
        "package_amount": "0.80",
        "package_size": 10
    }
    ...
}

BPS pricing​

BPS pricing specifies a per-event (e.g. per-payment) rate in one hundredth of a percent (the number of basis points to charge), as well as a cap per event to assess. For example, this would allow you to assess a fee of 0.25% on every payment you process, with a maximum charge of $25 per payment.

{
    ...
    "model_type": "bps",
    "bps_config": {
       "bps": 125,
       "per_unit_maximum": "11.00"
    }
    ...
 }

Bulk BPS pricing​

Bulk BPS pricing specifies BPS parameters in a tiered manner, dependent on the total quantity across all events. Similar to bulk pricing, the BPS parameters of a given event depends on the tier range that the billing period falls into. Each tier range is defined by an upper bound. For example, after $1.5M of payment volume is reached, each individual payment may have a lower cap or a smaller take-rate.

    ...
    "model_type": "bulk_bps",
    "bulk_bps_config": {
        "tiers": [
           {
                "maximum_amount": "1000000.00",
                "bps": 125,
                "per_unit_maximum": "19.00"
           },
          {
                "maximum_amount": null,
                "bps": 115,
                "per_unit_maximum": "4.00"
            }
        ]
    }
    ...
}

Tiered BPS pricing​

Tiered BPS pricing specifies BPS parameters in a graduated manner, where an event's applicable parameter is a function of its marginal addition to the period total. Similar to tiered pricing, the BPS parameters of a given event depends on the tier range that it falls into, where each tier range is defined by an upper and lower bound. For example, the first few payments may have a 0.8 BPS take-rate and all payments after a specific volume may incur a take-rate of 0.5 BPS each.

    ...
    "model_type": "tiered_bps",
    "tiered_bps_config": {
        "tiers": [
           {
                "minimum_amount": "0",
                "maximum_amount": "1000000.00",
                "bps": 125,
                "per_unit_maximum": "19.00"
           },
          {
                "minimum_amount": "1000000.00",
                "maximum_amount": null,
                "bps": 115,
                "per_unit_maximum": "4.00"
            }
        ]
    }
    ...
}

Matrix pricing​

Matrix pricing defines a set of unit prices in a one or two-dimensional matrix. dimensions defines the two event property values evaluated in this pricing model. In a one-dimensional matrix, the second value is null. Every configuration has a list of matrix_values which give the unit prices for specified property values. In a one-dimensional matrix, the matrix values will have dimension_values where the second value of the pair is null. If an event does not match any of the dimension values in the matrix, it will resort to the default_unit_amount.

{
    "model_type": "matrix"
    "matrix_config": {
        "default_unit_amount": "3.00",
        "dimensions": [
            "cluster_name",
            "region"
        ],
        "matrix_values": [
            {
                "dimension_values": [
                    "alpha",
                    "west"
                ],
                "unit_amount": "2.00"
            },
            ...
        ]
    }
}

Fixed fees​

Fixed fees are prices that are applied independent of usage quantities, and follow unit pricing. They also have an additional parameter fixed_price_quantity. If the Price represents a fixed cost, this represents the quantity of units applied.

{
    ...
    "id": "price_id",
    "model_type": "unit",
    "unit_config": {
       "unit_amount": "2.00"
    },
    "fixed_price_quantity": 3.0
    ...
}