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Yearly/Monthly

Updated on 2024-05-16 GMT+08:00

If you expect to use resources for a longer period, you can save money with yearly/monthly billing. This section describes the billing rules for yearly/monthly ROMA Connect instances.

Recommended Scenario

In yearly/monthly mode, you pay upfront for a certain duration. This mode is suitable for services with the following characteristics:

  • Running for a long time with stable resources: For example, enterprise official websites, online malls, and blogs. Yearly/Monthly billing provides higher cost-efficiency.
  • Long-term: For example, scientific research projects and large-scale events. Yearly/Monthly billing ensures stable resource supply throughout the project period.
  • Predictable service peaks: For example, e-commerce promotions, festivals, and holidays. Resources insufficiency can be avoided by purchasing resources in advance for peak demands.
  • High data security requirements: For services with this characteristic, yearly/monthly billing ensures continuous resource supply to prevent data security risks caused by account arrears.

Billing Period

The billing period of yearly/monthly ROMA Connect instance is determined by purchased duration (GMT+8). The billing period starts from the time you activate or renew your subscription (precise to seconds), and ends at 23:59:59 on the expiration date.

For example, if you purchased a ROMA Connect instance for one month at 15:50:04 on Oct 16, 2023, the billing period is from Oct 16, 2023, 15:50:04 to Nov 16, 2023, 23:59:59.

Billing Example

Assume that you purchased a yearly/monthly ROMA Connect instance (basic edition) for one month on Oct 16, 2023, 15:50:04, and manually renewed it for another month before it expires:

  • The first billing period: Oct 16, 2023, 15:50:04–Nov 16, 2023, 23:59:59
  • The second billing period: Nov 16, 2023, 23:59:59–Dec 16, 2023, 23:59:59

You need to pay for each billing period in advance. The billing formula is as follows: Unit price of instance specifications x Purchased duration.

For example, if the monthly price of the instance is $10,800 USD, the total fee for the preceding two billing periods is 10,800 x 2 = $21,600 USD.

Impact of Expiration

Figure 1 describes the status of each stage of a yearly/monthly ROMA Connect instance. After you purchase a resource, it runs properly during the billing period, which is also called "validity period". If the resource is not renewed after expiration, it goes into the grace period and then the retention period.

Figure 1 Life cycle of a yearly/monthly ROMA Connect instance

Expiration Reminder

From the 7th day before a yearly/monthly ROMA Connect instance expires, the system will send an expiration reminder through the email address or mobile number you used to create your Huawei Cloud account or through internal messages.

Impact of Expiration

If your yearly/monthly ROMA Connect resource is not renewed after expiration, it goes into the grace period and changes to the Expired state. You can still view the instance during this period.

If you do not renew your yearly/monthly ROMA Connect instance before the grace period ends, it goes into the retention period and its status turns to Frozen. You cannot perform any operations on your yearly/monthly ROMA Connect instance in the retention period.

If you still do not renew your yearly/monthly ROMA Connect instance before the retention period ends, the instance will be released, and the data cannot be restored.

NOTE:
  • Both the grace and retention periods are 15 days.
  • For details about renewals, see Overview.

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