Recurring Billing

What is recurring billing?

Recurring billing is an automated process that charges customers at regular intervals for products or services. It’s used by businesses that offer subscriptions, memberships or ongoing services. With this payment automation enabled, businesses can have a steady income, and customers don’t always have to make manual payments. Recurring billing has become the standard way for many companies to handle payments. Think of all the recurring payments we make in today’s age: Streaming, music, apps, bills, memberships, etc. just to scratch the surface.

Key Points

Recurring billing automates payments at regular intervals so businesses can have steady income and customers can have uninterrupted service.
Recurring billing software simplifies the process, reduces administrative overhead, and helps businesses manage subscriptions.

Example recurring billing software

Many businesses use recurring billing software to streamline payments, track subscriptions and reduce administrative overhead. Here are a few popular ones:

EBizCharge – A comprehensive payment platform that integrates with accounting and ERP systems, makes it easy for businesses to manage recurring billing.
Stripe – Known for its simplicity and flexibility, Stripe provides businesses with tools to manage subscription payments and recurring billing through an intuitive interface.
Recurly – A solution designed for subscription-based businesses, Recurly automates recurring billing, invoicing and customer retention.
Chargebee – Ideal for SaaS and eCommerce businesses, Chargebee offers customizable subscription management and billing automation.
Square Subscriptions – Great for small businesses, Square helps companies manage memberships, services, and installment payments on a recurring basis.

Benefits for businesses

Recurring billing isn’t just about making life easier for businesses—it’s about creating a better experience for customers too. No one wants to worry about manually paying for a subscription every month, and no company wants to chase after overdue invoices.

Take Netflix, for example: by automating billing, they can focus on what matters most—delivering great content and keeping customers happy. You get uninterrupted streaming, and they get a steady income.

For a business owner, recurring billing means more time for innovation and strategy. Less time chasing down payments means more time to grow your business. It’s a win-win. Recurring billing helps businesses avoid cash flow surprises, save time on invoicing, and keep customers happy.