Billing for Machine-to-Machine services (M2M billing), is also often referred to as billing for the Internet of Things (IoT billing) or billing for the Internet of Everything (IoE billing).
Billing M2M services is a relatively new phenomenon and is essentially based around two elements; One is billing the recurring charge for either the M2M service and/ or for the SIM card service only, the other is the added complexity of billing data usage. Inform Billing’s Eclipse billing platform can cater for both these elements.
Why use Eclipse for M2M billing?
The recurring charge or subscription billing capacity of Eclipse allows you to bill any recurring or subscription charge on a monthly, quarterly, six-monthly or annual basis.
Eclipse will automatically deal with any pro-rata charging and auto-credits for advance charges where appropriate.
Unique elements of the M2M proposition, such as data aggregation and test-ready phase elements, are also catered for by Eclipse.
Eclipse can deal with validation of supplier charges as well as onward billing of data charges to a very granular level. It also allows a single bill output for services across multiple suppliers on one single bill.
As standard you can bill multi-level bundles for data, SMS and voice services or any combination of these at individual SIM level or aggregated as required.