You can create custom pricing units and use different currencies when building a rate card in Metronome. Doing so ensures that billing aligns with the unique needs of your products and services, no matter where your customers are located.Pricing using custom units can decouple pricing from currency fluctuations and provide a standardized unit of value that’s understandable across all markets. This approach simplifies pricing logic for customers to understand how their usage translates into cost.
Use different currencies to provide a localized billing experience for your global customers. Metering on local currency eliminates confusion around conversation rates and provides a customer-centric billing approach for international customers. Metronome supports these currencies:
Example: Use custom pricing units and currencies in commits or credits
Credits and prepaid commits, on a contract or at the customer level, can have access schedules in custom pricing units and select currencies. For example, you can have a prepaid commit, paid for in CHF, that gives access to 100 Cloud Compute Tokens.
Example: Invoice with custom pricing units and currencies
Usage of a product with custom pricing unit rates burns down credits and prepaid commits with access schedules in that custom pricing unit. For example, 100 Cloud Compute Tokens was burned down by the AI Model Training usage.If there are no applicable credits or prepaid commits with access schedules in that custom pricing unit, a conversion line item is added to calculate the cost in the specified fiat currency set on the rate card.For Acme’s invoice, after burning down all prepaid commits, the remaining total of 350 Cloud Compute tokens is converted to the fiat currency and is the total due.