Short answer:
Xink offers two billing options: Card Billing and Invoice Billing. Card Billing is fully automated, supports monthly or annual subscriptions, and is the most cost-effective option. Invoice Billing is available for annual subscriptions only and includes manual invoice administration, which is reflected in the higher price.
Choose the billing option that best matches how your organization prefers to manage software subscriptions.
Billing options
| Feature | Card Billing | Invoice Billing |
|---|---|---|
| Subscription term | Monthly or annual | Annual only |
| Payment method | Credit or debit card | Invoice |
| Renewal | Automatically charged at renewal | Invoice sent 30 days before renewal with 30-day payment terms |
| Additional seats | Automatically charged when additional seats are added | Invoice with 14-day payment terms |
| Management | Self-managed in the Xink platform | Managed through your finance department |
| Supported payment methods | Credit or debit card | International bank transfer (EFT) or card |
| Pricing | Lower price | Higher price due to manual administration |
Why is Invoice Billing more expensive?
Invoice Billing requires manual administrative processes, including:
- Issuing invoices
- Tracking payments
- Payment reconciliation
- Finance administration
Card Billing is fully automated, allowing us to offer a lower subscription price.
Which option should you choose?
Choose Card Billing if you:
- Want the lowest subscription price.
- Prefer automatic renewals and payments.
- Want to manage your subscription directly from the Xink platform.
- Need either monthly or annual billing.
Choose Invoice Billing if you:
- Require invoices for your finance or procurement process.
- Need payment approval before renewal.
- Prefer annual invoicing with 30-day payment terms.
Good to know
You can manage your Card Billing subscription directly from the Subscription section in the Xink platform by adding or updating your payment card.
