👉 Billing computing refers to the process of managing and charging for computing resources, such as cloud services, on a per-use or subscription basis. When you utilize these services, whether it's storage, processing power, memory, or bandwidth, billing computing systems track the consumption of these resources and calculate the corresponding costs. This can be done through various models, including pay-as-you-go, where users pay only for what they use, or subscription-based models, where a fixed fee is charged regardless of usage. The billing process often involves APIs or software that monitor resource consumption, apply pricing rules, and generate invoices, ensuring transparency and accurate cost allocation for both service providers and consumers.
