Subscription Billing is a payment model that allows businesses to charge customers on a recurring basis for services or products, typically on a weekly, monthly, or yearly schedule. This system automates the billing process, ensuring that payments are collected consistently without the need for manual invoicing. Subscription billing is particularly useful for businesses offering ongoing services, such as software as a service (SaaS), streaming platforms, or membership-based services. It provides a predictable revenue stream while also offering convenience to customers, who don’t have to remember to make regular payments.

By using a subscription billing system, businesses can easily manage customer accounts, track subscription statuses, and offer flexible billing options like tiered pricing or discounts for longer commitments. Automation reduces the risk of missed payments and improves cash flow management, allowing companies to focus on scaling their business without being bogged down by administrative tasks.