Hosted Billing
Hosted Billing is a cloud-based platform that provides subscription management, invoicing, and payment processing services for businesses, typically through APIs and web interfaces. It automates recurring billing cycles, handles customer data, and integrates with accounting systems to streamline financial operations. This solution is often used by SaaS companies, e-commerce platforms, and other subscription-based models to manage revenue operations efficiently.
Developers should learn and use Hosted Billing when building applications that require automated subscription handling, such as SaaS products, membership sites, or digital services with recurring payments. It reduces the complexity of implementing billing logic from scratch, ensures compliance with payment regulations, and scales with business growth by handling high volumes of transactions securely. Specific use cases include managing tiered pricing plans, handling upgrades/downgrades, and generating detailed financial reports.