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Products explained

Learn how products, prices, and collection surfaces fit together on Radom.

What is a product?

Products are the goods or services you offer to customers through Radom. They can represent one-time purchases, recurring plans, or usage-based billing models, and they can be reused across hosted checkout, payment links, invoices, and subscription workflows.

Examples:

ExampleBusiness typeTypical pricePricing model
Black trousersEcommerce$10One-time
Premium planSaaS$50 per monthRecurring
API accessDeveloper platform$20 per 1,000 requestsUsage-based

Each product has a unique product ID that you can use across dashboard workflows and API-based integrations.

What is a price?

Prices are not just the amount your customer pays. In practice, your Radom setup needs to capture:

  • The billing model.
  • The charge currency and amount.
  • Any recurring billing interval used for subscriptions.
  • The collection surface that will present the payment to the customer.

Products define what is being sold. The checkout, payment link, or invoice flow then determines which public payment methods and operational settings are exposed at collection time.

What is a token?

Tokens are digital assets that exist on top of a blockchain with its own native cryptocurrency.

Radom supports a public list of payment tokens across multiple networks. See Supported payment methods for the current list.

You can then expose supported networks and tokens through the collection flows you launch for that product.

What is a charging interval?

A charging interval is the regular cadence at which a recurring product charges the customer.

Common intervals include daily, weekly, monthly, and yearly billing.