Ans.
Spending limit are charges approved by the merchant. It determines the maximum limit of order usage within the selected plan.
In simple terms, the spending limit is the maximum amount that can be charged for monthly order usage.
Spending limit in Free plan
There are no spending limits in free plan. You can use it for up to 200 orders only.
Spending limit in Growth plan
Plan pricing is $49 a month for 500 orders.
The usage-based charge is $10 per 100 orders.
The spending limit you will approve with the plan will be $200. (This limit can be changed)
The spending limit covers usage charges after the plan's limit is reached. If you have over 500 monthly orders, the maximum usage charge will be determined by the spending limit.
Considering the current plan details, you will have 2500 monthly orders. 500 of these will be covered by the plan, and the remaining 2000 will be charged based on usage, up to a maximum of $200.
Spending limit in Established plan
Plan pricing is $199 a month for 3000 orders.
The usage-based charge is $10 per 100 orders.
The spending limit you will approve with the plan will be $1500. (This limit can be changed)
The spending limit covers usage charges after the plan's limit is reached. If you have over 3000 monthly orders, the maximum usage charge will be determined by the spending limit.
Considering the current plan details, you will have 18000 monthly orders. 3000 of these will be covered by the plan, and the remaining 15000 will be charged based on usage, up to a maximum of $1500.
Spending limit in Lite plan
Plan pricing is $15 a month for 700 orders.
The usage-based charge is $2 per 100 orders.
The spending limit you will approve with the plan will be $180. (This limit can be changed)
The spending limit covers usage charges after the plan's limit is reached. If you have over 3000 monthly orders, the maximum usage charge will be determined by the spending limit.
Considering the current plan details, you will have 9700 monthly orders. 3000 of these will be covered by the plan, and the remaining 9000 will be charged based on usage, up to a maximum of $180.
For any doubts regarding spending limits and app usage charges feel free to connect at support@getflits.com