Recurring billing (or subscription based billing) is an ongoing scheduled payment process for products or services.
HOW IT WORKS:
- A subscriber provides you with their payment information to periodically pay for your goods or services.
- You can withdraw subscriber payments regularly until the subscription cycle expires (monthly, quarterly, annually, etc).
SUBSCRIBER BENEFITS:
- Enables predictable budgeting.
- Prevents service interruption.
- Reduces paperwork.
BENEFITS TO YOU:
- Makes your revenue streams more predictable.
- Automates tedious billing tasks such as invoicing, dunning and collections.
- Helps with customer service and retention.
Billing Champ can help streamline your billing process by providing a single source for CRM, billing, payments, help desk and more.
