Cheddar vs Sequence Billing

Cheddar is a monetization platform for product-led growth and usage-based subscription billing, available through web and API. Its API records customer activity as counters called tracked items, and billing rules are applied afterward; the maker says pricing can therefore change without changes to billing code. Cheddar uses plan rules to generate invoices, then processes them with built-in credit-card processing or an external system. Payment options include CheddarPay, compatible processors, PayPal, ACH, and checks. All plans include customer communications, SaaS reporting, revenue optimization, invoice generation, subscription billing, and usage tracking. Monthly plans include up to 500,000 API interactions, with additional interactions costing 25 cents per 1,000. Customizable hosted pages cover subscription signup, payment updates, subscription changes, and cancellations; tracked items and one-time invoices require API use. The REST-like API can be used with any programming language, and the service integrates with Zapier. The Builder Plan is $99 a month plus 30¢ per transaction; the Growth Plan is $599 a month plus 0.5% of revenue.

Sequence Billing has no write-up on Specifiction yet; its figures are above.