Billing Automation

Invoicing & Accounting

Because Bag is the MoR:

• Customer invoices are issued in Bag's name, not yours
• You receive a consolidated settlement invoice each billing cycle
• Revenue recognition is clean: one invoice, one payment, no per-transaction tax tracking

Your finance team books revenue based on the settlement invoice, not individual transactions.

---

API Considerations

When integrating Bag:

• Tax calculation is automatic—do not implement your own tax logic
• Customer location is detected via IP or billing address for tax purposes
• Stablecoin transaction metadata (network, tx hash) is available via webhooks

Our unified Billing SDK manages the entire payment lifecycle. You do not need a separate billing or invoicing platform.

---

Payment Links & Subscriptions

You can programmatically generate two types of payment flows:

• One-Time Payment Links: Ideal for single purchases or milestone-based payments.
• Subscription Links: Native support for recurring billing cycles.

---

Multi-Chain Stablecoin & Card Support

We support native stablecoin payments across major networks to minimize gas and FX fees:

• Supported Assets: USDC (Ethereum, Solana, Polygon, Base).
• Card Payments: Visa, Mastercard, and American Express via Bag's PCI-compliant infrastructure.

---

Automated Invoicing & Settlement

• Auto-Generation: Upon successful payment, a PDF invoice is automatically generated and emailed to the end-user.
• Fiat Settlement: All settlements are delivered in USD or local Fiat, depending on your registered business location.
• Fee Structure:
  • Conversion Fees: Paid by the end-user, ensuring your margins remain intact.
  • Payout Fees: Calculated based on your transaction volume and payout frequency.
• FX Optimization: By leveraging stablecoins and our global LP partners, we offer significantly lower FX rates compared to traditional banking rails.

---

What's next