Charge types and models
Loopit offers a comprehensive billing engine that allows you to control every aspect of your packages offered to customers.
Billing models
Once-Off
A one-time charge applied per booking, regardless of the booking’s duration, program type, or whether it’s recurring.
Example: An activation fee would be configured as a once-off charge since it should only be applied once.
Ongoing
A recurring charge applied based on the billing frequency and the duration of the booking.
Rental Example: A daily rate configured as ongoing will multiply by the booking duration. For a 5-day booking, the charge applies 5 times.
Subscription Example: A monthly subscription fee will be charged each month while the booking remains active.
Pricing models
The pricing model defines how charges are calculated. Available options depend on the selected billing model.
If Once-Off is selected, only the Flat Fee pricing model is available.
For Ongoing charges, the following models are supported:
Flat Fee
Unit Pricing
Volume Pricing
Flat fee
Rental
Subscription
A fixed charge applied per billing period or per booking.
Unit pricing
Rental
Subscription
Unit pricing applies charges based on specific billable metrics.
Example: To charge for additional drivers, set up an ongoing billing model using Unit Pricing with the billable metric set to Drivers.
Volume pricing
Rental
Allows you to apply different rates based on booking duration, offering discounts or tiered pricing for longer bookings.
See the Volume Pricing configuration section below for details.
Volume Pricing
Volume pricing allows you to apply different rates based on a billable metric such as duration, mileage, number of drivers and more.
How it Works
In the example above:
For bookings 1 to 5 days, the daily rate is $100.
For bookings 6 to 10 days, the daily rate is $90.
For bookings 11 days or more, the daily rate is $80.
Note: If the “To” value is left blank, that tier will apply to any booking duration beyond the previous range.
Billable metrics
The Billable Metric determines which value is used to calculate the charge. This is required when using an ongoing billing model with either a unit-based or volume-based pricing structure.
Unit pricing - current options are Drivers. Use this to control prices for additional drivers.
Volume pricing - current options are "Booking duration". See volume pricing configuration above.
Charge Types
Depending on your billing model, Loopit supports up to three charge types. Use them to bundle mandatory fees, offer optional extras, or apply one-off charges as needed.
Always
Automatically applied to every booking in the package.
Base Rate
Joining Fee
Add On
Optional extras customers can select during the booking flow.
Child Seats
Additional Mileage
Insurance Excess Reduction
Ad Hoc
Pre-defined charges staff can add during or after a booking.
Smoking Penalty
Cleaning Fee
Refill Charge
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