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A wallet in Flexprice acts as a virtual account linked to a customer. It allows for storing and managing credits that can be applied toward subscription payments, usage-based charges, or other transactions. Flexprice enable you to manage prepaid credits for your customers. These are credits added to a wallet and can be consumed for billing purposes. Wallets ensure an efficient and transparent mechanism for credit handling, aligning with subscription and usage-based pricing models. Wallets operate in a defined currency and can be topped up manually or automatically. Creating a Wallet
  • Go to the Customers section in the dashboard.
  • Select the desired customer.
  • Navigate to the Wallet tab in the customer’s profile.
  • If no wallet exists for the customer, you will see a message: “No wallet linked to the customer yet.” Screenshot 2025-03-12 at 5.37.58 PM.png
  • Click the Add Wallet button to open the wallet creation form.
  • Fill out the following details: Screenshot 2025-03-12 at 5.40.07 PM.png
    • Wallet Name: Assign a name to the wallet. By default, it will be “Prepaid Wallet.”
    • Currency: Select the currency in which this wallet will operate (e.g., USD, INR). Note: Only one active wallet per currency is allowed for a customer. If a wallet for the selected currency already exists, you must deactivate it before creating a new one.
    • Currently, only Free Credits can be added. These credits do not generate an invoice, as they are granted without charge. Also, the credit-to-currency ratio is 1:1 (e.g., 1 credit equals 1 USD or 1 INR)
    • Click Save Wallet to finalise the creation process.
  • The wallet will now appear in the Wallet tab for the customer, showing the balance and available credits. Screenshot 2025-03-12 at 5.40.54 PM.png
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