Recurring Billing Systems
Recurring billing systems are software platforms that automate the process of charging customers on a regular basis, typically for subscription-based services or products. They handle payment processing, invoicing, subscription management, and customer lifecycle events like upgrades, downgrades, and cancellations. These systems integrate with payment gateways and often include features for dunning management, revenue recognition, and analytics.
Developers should learn about recurring billing systems when building or maintaining subscription-based applications, SaaS products, or any service requiring automated payments. They are essential for ensuring reliable revenue collection, reducing manual billing errors, and scaling subscription businesses efficiently. Use cases include e-commerce platforms with subscription boxes, software-as-a-service (SaaS) applications, and membership-based websites.