Subscription Billing

Subscription billing is a payment system where customers pay a recurring fee at regular intervals, such as monthly or yearly, to access a service or product. Instead of one-time purchases, the billing process automatically charges the customer according to their subscription plan, often including features like upgrades or renewals. This system simplifies payment management for both businesses and customers, providing consistent revenue for providers and continuous access for users. Examples include streaming services, software subscriptions, and membership programs.