Company
Date Published
Author
-
Word count
1089
Language
English
Hacker News points
None

Summary

Lago offers a solution to the daunting task of managing billing systems by providing a platform that is both scalable and user-friendly for engineers. The platform incorporates advanced metering to track exact usage, ensuring transparency in billing, and supports plan overrides for customized pricing without complicating codebases. Lago also features grace periods that allow customers to review invoices before finalizing, thus preventing service interruptions, and integrates seamlessly with multiple Payment Service Providers (PSPs) to accommodate various payment preferences. Additionally, dunning management is automated, helping to handle failed payments with scheduled retries and reminders, making the process less burdensome. Overall, Lago aims to transform billing from a dreaded task into a manageable and even enjoyable aspect of business operations.