Stripe Billing
Product · SaaS / cloud software by Stripe
It features AI-powered revenue recovery that recaptures 55% of failed payments and supports 15+ flexible pricing models.
Category: Billing & Invoicing
- Deployment
- Cloud
- Platforms
- Web, iOS, Android, API
- Integrations
- Metronome, Snowflake, Databricks, BigQuery, Redshift, Xero
- APIs and SDKs
- REST API, Ruby, Python, PHP, Java, Node.js, Go,.NET SDKs
- Languages
- 34 languages supported in Checkout
- Pricing Models
- 15+ prebuilt models
- Recovers 55% of failed payments on average via Smart Retries
- Supports 15+ prebuilt pricing models including usage-based and tiered
- Automates tax collection in 100+ countries via Stripe Tax integration
- Powers subscriptions for 200M+ active accounts on the Stripe network
Overview
Stripe Billing is a SaaS solution designed for businesses to automate recurring payments, manage subscriptions, and issue one-time invoices. It serves companies of all sizes, from startups to enterprises like Atlassian and Slack, by providing a flexible infrastructure for 15+ pricing models including flat-rate, per-seat, and usage-based billing. The platform solves the complexity of global revenue operations by integrating with Stripe Tax for compliance in 100+ countries and automating revenue recognition in line with ASC 606 standards. Stripe Billing features AI-powered tools that recover 55% of failed payments on average through smart retries and automated customer communications. Businesses can implement a self-service customer portal that allows users to manage their own subscriptions and payment methods without developer intervention.
Subscription Management
- 15+ Pricing Models: Supports 15+ prebuilt pricing models including flat-rate, per-seat, usage-based, tiered, variable, and multi-currency options.
- Usage-Based Billing: Integrates with Metronome to meter, bill, and track usage-based revenue in real-time for advanced pricing models.
- Self-Service Customer Portal: Allows customers to manage their own accounts, update payment methods, pause or cancel subscriptions, and view invoice history.
- Quotes and Estimates: Enables businesses to provide pricing estimates to customers before starting a subscription or sending an invoice.
Revenue Operations
- Smart Retries: Recovers 55% of failed payments on average using AI-powered smart retries and automated customer communications.
- Automated Invoicing: Automates invoice creation, collections, and reconciliation with support for 100+ payment methods and 135+ currencies.
- Global Tax Automation: Automates sales tax, VAT, and GST collection in 100+ countries through integration with Stripe Tax.
Developer Tools
- REST APIs and SDKs: Provides a unified set of REST APIs for building full, working subscription integrations and managing billing cycles.
- Prebuilt UI Components: Offers prebuilt UI components like Stripe Elements and Stripe Checkout to create custom subscription pages.
- Webhook Notifications: Uses webhooks to receive real-time notifications of subscription activity and manage automated triggers.
- Testing and Sandboxes: Allows developers to test billing integrations using sandboxes for local development and continuous integration.
Use cases
- SaaS companies use Stripe Billing to manage tiered subscription plans and automate monthly recurring charges for global users.
- AI platforms implement usage-based billing to charge customers based on metered resources like LLM tokens or API calls.
- Professional service firms automate the creation and reconciliation of custom invoices to reduce manual back-office tasks.
- Enterprises use the self-service customer portal to allow users to update payment methods and pause subscriptions independently.
Specifications
- Deployment
- Cloud
- Platforms
- Web, iOS, Android, API
- Integrations
- Metronome, Snowflake, Databricks, BigQuery, Redshift, Xero
- APIs and SDKs
- REST API, Ruby, Python, PHP, Java, Node.js, Go,.NET SDKs
- Limits
- Maximum of 10 products when allowing customers to switch plans in the portal
- Languages
- 34 languages supported in Checkout
- Pricing Models
- 15+ prebuilt models
- Revenue Recovery Rate
- 55% of failed payments recovered on average
- Tax Compliance Coverage
- 100+ countries
- Payment Methods Supported
- 100+ methods
- Currencies Supported
- 135+ currencies
- API Uptime
- 99.999% historical uptime
- Checkout Languages
- 34 languages
- Portal Session Expiry
- 5 minutes for new sessions; 1 hour for active sessions
How it works
- Define Products and Pricing: Define your products and prices in the Stripe Dashboard or via API, choosing from 15+ prebuilt pricing models.
- Integrate with Your App: Integrate Stripe Billing using the REST API or prebuilt UI components like Stripe Checkout to collect customer payment details.
- Automate Recurring Billing: Stripe automatically generates invoices for each billing cycle, handles recurring charges, and sends notifications for renewals.
- Manage Revenue Operations: Use built-in tools for revenue recovery, tax automation, and revenue recognition to manage the full billing lifecycle.
Pricing
- Invoicing (after one-time purchase)
- 0.4% on transaction total ($2.00 cap)
- Standard Billing
- 0.5% on recurring revenue
FAQ
How does Stripe Billing help with failed payments?
Stripe Billing uses AI-powered smart retries and automated dunning to recover 55% of failed payments on average.
Can I use Stripe Billing for usage-based pricing?
Yes, through an integration with Metronome, Stripe Billing can meter, bill, and track usage-based revenue in real-time.
What can customers do in the self-service portal?
The customer portal allows users to update billing information, manage payment methods, update or pause subscriptions, and view past invoices.
Added by AntSpace from public sources (stripe.com).