Stripe Billing
Automate recurring payments and manage subscriptions with flexible billing solutions.
Executive Summary
Stripe Billing provides comprehensive solutions for businesses to manage recurring payments and subscriptions. It enables the design and implementation of custom billing workflows with minimal code, supporting various pricing models including usage-based and tiered structures. Businesses can set up and manage subscriptions via robust APIs or directly within the Stripe Dashboard. The platform also incorporates AI-powered features to reduce churn by intelligently handling failed payments and dunning processes, ensuring efficient and scalable subscription management.
Use Cases
- Automating recurring payments for subscription services.
- Implementing flexible pricing models like usage-based or tiered subscriptions.
- Reducing involuntary customer churn through smart payment retries.
- Managing customer subscriptions and invoices through a self-service portal.
- Integrating custom billing logic into existing applications via APIs.
Features
Visibility
- Customizable Billing Workflows: Design and implement custom billing workflows with minimal code, supporting various business and pricing models.
- Subscription Management: Manage recurring payments, subscription models, and customer billing cycles through APIs or the Dashboard.
- Customer Portal: Offer a self-service portal for customers to manage their subscriptions, payment methods, and view invoices.
Intelligence
- AI-Powered Churn Reduction: Leverage AI for smart retries and dunning to automatically recover failed payments and reduce involuntary churn.
Technical Specifications
- Architecture
- RESTful API architecture with predictable resource-oriented URLs, accepting form-encoded requests and returning JSON-encoded responses.
- Deployment
- SaaS
- API Available
- Yes
Security & Compliance
Certifications: SOC 1, SOC 2, SOC 3
Pricing
- Model
- Pay-as-you-go, Subscription
- Starting Price
- Starts at 0.7% of recurring transactions
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Monthly, Pay-as-you-go
About Stripe
Stripe is a financial infrastructure platform that provides financial services for businesses. It helps companies accept payments, build flexible billing models, and manage money movement, aiming to increase the GDP of the internet.