# Set up flat rate pricing

Set up flat rate pricing for your subscriptions.

SaaS businesses often offer their customers a choice of escalating service options. Customers choose a service tier and pay a flat rate for it. For example, imagine a business called [Typographic](https://typographic.io/) that sells a subscription webfont service. They offer three different service levels: Basic, Starter, and Enterprise. They offer a monthly and yearly price for each service level.
![](https://b.stripecdn.com/docs-statics-srv/assets/pricing_model-flat-rate.e99989aa8c2abe76edd607462840776e.png)

Flat-rate pricing model

In this example, Typographic has three products: `Basic`, `Starter`, and `Enterprise`. Each product has several different prices. The basic level has prices for 10 USD per month and 100 USD per year. Both prices are for the same `Basic` product, so they share the same product description on the customer’s receipt and invoice.

#### Dashboard

First, create the `Basic` product. To learn about all the options for creating a product, see the [prices guide](https://docs.stripe.com/products-prices/manage-prices.md#create-product).

1. Go to [Product catalog](https://dashboard.stripe.com/products).
2. Click **+ Create product**.
3. Enter a **Name** for the product.
4. (Optional) Add a **Description**. The description appears at checkout, on the [customer portal](https://docs.stripe.com/customer-management.md), and in [quotes](https://docs.stripe.com/quotes.md).

Next, create the monthly price for the `Basic` product:

1. Click **More pricing options**.
2. Select **Recurring**.
3. For **Choose your pricing model**, select **Flat rate**.
4. For **Amount**, enter a price amount.
5. For **Billing period**, select **Monthly**.
6. Click **Next** to save the price.

Then, create the yearly price for the `Basic` product:

1. Click **+ Add another price**.
2. Select **Recurring**.
3. For **Choose your pricing model**, select **Flat rate**.
4. For **Amount**, enter a price amount.
5. For **Billing period**, select **Yearly**.
6. Click **Next**.
7. Click **Add product** to save the product and price. You can only edit the product and price until you create a subscription with them.

#### API

1. Create a Product for the `Basic` service level.
   ```curl
   curl https://api.stripe.com/v1/products \
     -u "<<YOUR_SECRET_KEY>>:" \
     -d name=Basic
   ```
2. Create the monthly price for the `Basic` product.
   ```curl
   curl https://api.stripe.com/v1/prices \
     -u "<<YOUR_SECRET_KEY>>:" \
     -d "product={{PRODUCT_ID}}" \
     -d unit_amount=1000 \
     -d currency=usd \
     -d "recurring[interval]=month"
   ```
3. Create the yearly price for the `Basic` product.
   ```curl
   curl https://api.stripe.com/v1/prices \
     -u "<<YOUR_SECRET_KEY>>:" \
     -d "product={{PRODUCT_ID}}" \
     -d unit_amount=10000 \
     -d currency=usd \
     -d "recurring[interval]=year"
   ```

Repeat these steps to create the `Starter` and `Enterprise` products and their associated prices. After you create this pricing model, use it to create [subscriptions](https://docs.stripe.com/api/subscriptions.md) for your customers.

```curl
curl https://api.stripe.com/v1/subscriptions \
  -u "<<YOUR_SECRET_KEY>>:" \
  -d "customer={{CUSTOMER_ID}}" \
  -d "items[0][price]={{RECURRING_PRICE_ID}}"
```