Billing And Payments
How Parasail Handles Payments
Org Based Billing:
Your user account belongs to an Organization. That Organization gets billed for the usage of all users under that Organization. Please see the page Account Management to understand more about how organizations work.
Arrears Based Billing:
Unless you have pre-negotiated invoicing, the system automatically charges your card after you spend $25. The system automatically charges your card. At the end of the month the system automatically adjusts your remaining balance for that billing cycle.
FAQ: how do you increase the arrears billing?
You need to contact Parasail directly to increase the threshold based billing or move to an enterprise based contract.
Credit Cards:
Every customer must provide a credit card for their account to access the platform. If you choose not to provide a credit card you can still view the platform but only "Look Around" with no access to use the models or API keys.
Stripe handles all of your credit card information. Parasail doesn't store any of your Payment Card Industry data.
Billing Page:
The billing page breaks down all of the services that you have consumed. It shows all of your past invoices and the current invoice for the month.
Enterprise Invoicing/Billing Cycle:
For enterprise-based billing, Parasail bills customers on a monthly basis or according to what the parties have signed in the billing contract.
Invoice Period
Monthly cycle: first through last day of each month
Invoice Reconciliation
Date: first of the following month
Process: Manual review and adjustments such as removing line items and making corrections
Automatic Invoice Submission
Date: second of the following month
Action: Invoices automatically submitted to Stripe
Invoice Approval
Date: third of the following month
Action: Approve invoices for distribution from Stripe
Payment Terms
Net 30 billing terms apply
This structured format presents the information clearly and chronologically, making it easier for users to understand the billing process and important dates.
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