The Prepaid with Drawdown feature allows customers to prepay for services and consume against the balance, with options for topping up or handling overages. It balances upfront commitment with pay-as-you-go models.

Prepaid with Drawdown overview

Answers to frequently asked questions about the Prepaid with Drawdown feature, including support for customer hierarchy, subscription management, billing options, and currency-based drawdown adjustments.

Prepaid with Drawdown FAQs

A prepayment charge enables the sale of prepaid services, such as cell phone plans, by collecting payment upfront. It includes specific fields like charge function, commitment type, and validity period, which define the service's structure and billing options.

Prepayment charge

Create a drawdown charge to track customer consumption of prepaid units, configurable through the Zuora UI, REST API, or SOAP API, with options for UOM conversion and specific charge models.

Drawdown charge

A prepayment subscription allows customers to pay upfront for a set period of service or a bundle of products, with options for discounts and flexible subscription terms.

Prepayment subscription

Explore the various types of prepaid balance transactions, including prepayment, drawdown, and adjustments, which affect the total prepaid units available during a subscription.

Prepaid balance transactions

zuora-billing/bill-your-customer/usage-billing/usage-billing---prepayment-credits-and-commitment

Usage billing

The Proration field in a product rate plan charge allows for specific charge proration behavior, offering options like No Proration and Time-Based proration, which calculates charges based on actual days in a billing period.

Usage charge proration

Prepaid with Drawdown

zuora-billing/bill-your-customer/usage-billing/prepaid-with-drawdown

bill-your-customer/usage-billing/prepaid-with-drawdown

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