Set the value of the credits and create wallets for your customers. Prepaid credits increase transparency for both parties. Manage wallets, check balances and trigger top-ups at any time via the API or the user interface.
When creating a new billable metric, you can define dimensions that will be used to group events according to their properties. If the way you charge changes based on the region, channel, type of messages, you can add as many dimensions as you’d like to your usage data, and charge based on them.
Keep the flexibility to charge ‘postpaid’ by decreasing prices in tiers (‘graduated model’), or based on the total volume consumed in a cycle (‘volume model’), or ‘prepaid’ through packages. These options are built-in within Lago’s user interface and API.
Adjust prices in real-time based on various factors such as demand, competition, inventory levels, or customer segmentation. By leveraging data analytics and algorithms, companies can dynamically optimize prices to maximize revenue and profit margins.