# Pricing and Billing
## GPU pricing
We provide state-of-the-art hardware at competitive prices. Click the card below to view our current pricing for On-Demand instances.
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## Long-term contract discounts
We understand compute can be expensive, which is why we offer hefty discounts for long-term contracts. You can choose long-term contracts for GPU Instances and Instant Clusters via the console or [contact our sales team for customized GPU clusters](https://docs.verda.com/contact-support#cluster-sales).
Long-term contracts are paid up-front.
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## Making Payments
### Bare-metal Clusters
Every Bare-metal Cluster contract is tailored to your specific requirements. You will receive a custom invoice based on your consultations with our sales and technical teams. If you have specific payment needs, feel free to reach out to our team at .
### Cloud Console
When using the Cloud Console, you can deploy instances and clusters using the following payment models:
* Long-term: Secure your resources by paying up-front for a set contract length.
* Pay As You Go: Pay only for what you use, with **billing occurring every 10 minutes** (including storage).
You can manage your payments through the **Billing & Top-up** tab in the navigation sidebar or directly on the **Deploy a new instance** page.
Since our services operate on a prepaid basis, your usage is limited to your available balance. For Pay As You Go instances, your balance is automatically deducted every 10-minutes.
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If your balance reaches zero, your instances will be discontinued and your volumes (data) will be deleted.
*Your volumes can be restored up to 96 hours after deletion.*
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### Topping up in the console
#### One-time top-up
This option adds a specific amount to your balance as a single transaction. It’s a great choice if you are just starting out, running a few tests, or aren't yet sure how much compute power you’ll need.
#### Automatic top-up
To ensure your projects keep running without interruption, you can set up auto top-up. This automatically charges your saved card whenever your balance falls below a threshold you define. This is the best way to prevent your resources from being accidentally deleted due to an empty balance.
Once enabled, a green icon will appear next to your project balance so you know you're covered.
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Give yourself a buffer: We recommend setting your top-up trigger to a value equal to at least 12 hours of your estimated usage. This gives you a safe window to react if there’s ever a temporary payment issue.
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Check your payment card for expiration date, and enable low balance notifications in case your payment card fails for any reason.
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### Topping up via Bank Transfer
You can easily add funds to your Verda Cloud balance using a bank transfer. The process depends on your currency and location.
#### For EUR accounts with SEPA-enabled banks
If you are using a European bank within the SEPA zone, you can generate your transfer details instantly:
1. Navigate to Settings: Go to the **Bank Transfer** tab in your account settings.
2. Verify your info: Select your bank's country and enter the last 4 digits of your sending IBAN.
3. Get your details: You will immediately see your unique IBAN, BIC, and a list of frequently asked questions to help you complete the transfer.
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Note: If you have multiple projects in your account, wire transfers will arrive in your Unallocated Balance (located in your account settings page), where you can then distribute them to your specific projects.
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#### For USD accounts or non-SEPA banks
If you prefer to pay in USD or your bank is outside the SEPA zone, we handle these requests manually via a bank invoice.
* Minimum Amount: The minimum for invoice-based top-ups is 1,000 EUR or USD.
* How to request: Please email with the subject "Bank Invoice Top-up" and include the following details:
* User Info: Your full name and the Verda User Account to be credited.
* Company Details: Company name, street address (with postal code/city/state), and your Company Registration/Tax number.
* Billing Contact: The name and email address for the person receiving the invoice.
* Amount: The total amount you wish to top up (in EUR or USD).
Once we receive your email, we will send over an invoice. Your balance will be updated as soon as the payment is successfully processed.
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### Credit coupons
During promotions, events, and hackathons, we sometimes offer credit coupons. You can apply this coupon in the **Billing & settings** section of the project of your choosing.
See more about earning and redeeming credits: [Get Free Compute Credits](https://docs.verda.com/resources/obtaining-free-credits)
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## Low balance
By default, the low balance icon is visible when your balance has **less than 48 hours of running time** for all your resources combined. You can change this setting in the **Email notifications** tab.
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We recommend topping up your account immediately to avoid any deletion of your instances or volumes.
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For running resources with an unspecified duration, we recommend enabling automatic top-up.
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## Project Billing
[View project billing information](https://docs.verda.com/team-projects#project-billing)
