Billing

FinCobra Checkout billing is automatic. There are no manual plan switches.

Every merchant starts on Free Start. The first $1,000 of paid invoice volume is free. After that one-time free volume is used, the account automatically moves to Pay as You Go.

Pay as You Go

Pay as You Go is a flat 0.5% of paid invoice volume after Free Start. It is billed monthly in arrears from paid invoice volume in the billing cycle.

For example, after Free Start is used, $12,000 of paid invoice volume in a cycle creates $60.00 in fees.

What Counts

Billing uses the USD invoice amount locked at invoice creation. Volume counts when the invoice payment is confirmed or when payment is recorded out of band.

Invoices that are never paid do not count. Overpayment above the invoice total does not count toward billed volume.

Billing Invoices

Billing invoices are created after each Pay as You Go cycle ends. They are due 7 days after issue. If a billing invoice remains unpaid after the due date, the account can become past due and then blocked until payment is confirmed.