Currency & Payments

Introduction

This article outlines the setup and management of invoicing, billing cycles, currency options, and payment processing, offering a comprehensive guide for platform administrators and users alike.

In this article

• Invoicing
• Billing Section
• Currency
• Payments

Invoicing

Users with access to Settings can see Invoicing tab as the first tab in Settings/Currency & payments:

The seller can select the following Starting outgoing invoice status:

New (default) - you can add corrections before issuing your invoices.

Verified - you cannot add corrections, but can issue invoices manually (e.g., on a specific day).

Issued - all invoices are issued automatically as soon as available, with no corrections.

Users must click the Save button to apply changes or select the Cancel to discard them and reset the selection on the page.

A partner who never wants to verify outgoing invoices before issuing them to partners is able to set starting invoice status to "Issued", so that they are immediately made available to all of their partners.

When an invoice is created, it is created in the status configured as the starting status for the tenant.

Billing

Sellers can select which supported billing cycles should be available to their customers in Settings. All other billing cycles will become unavailable in the platform to the customer even if they are supported by the vendor.

The available billing cycles are:

• Monthly
• Quarterly
• Yearly

When purchasing an offer, the customer will only be able to select the billing cycles which are enabled by the direct seller. If an offer doesn’t have any of the billing cycles which have been enabled, it will be hidden.

Select the "Settings" tab, on this page, select Currency & Payments -> Billing. 

Choose which billing cycles you want to support. If a new billing cycle becomes available for a license in your catalog, you will be able to enable it here manually.

 One or several valid charge period values can be selected.

Currency

Customers can see and pay the invoice in their preferred or local currency from a list provided by the seller. Sellers can integrate their chosen FX rate provider using the AppXite Partner API or provide their own custom currency exchange rates through the same API.

In more details regarding exchange rate, read the following article. Currency exchange (FX) rate management.

Select the "Settings" tab, on this page, select Currency & Payments -> Currency. Select the "Add" button from the bottom.

By selecting "Add", you can manage Currency details:

 In more details read the article How to select custom provider as FX rate source?

Payments

Payments are accessible in - Seller view:

As a seller you have possibility to collect the payments for your end customers. This section under Settings (go to Settings → Currency & Payments) is visible only to Seller admin:

Select the icon (1) to see more details.

Stripe is a leading payment provider globally.

In order to create a stripe account, the seller has to click on the link (2), create a Stripe account. If the seller already has a Stripe account, then just needs to sign in.

To find out more on the topic of receiving, copying Publishable and Secret Keys, please follow the link:  https://stripe.com/docs/keys