Stripe Billing lets you send invoices with built-in support for credit and debit cards. The hosted invoice page detects which card payments require SCA and dynamically applies 3D Secure when required.
The benefits of using Stripe Billing for your ecommerce business:
Stripe Billing is a new set of tools to build and scale your recurring business model.
Effortlessly design and test pricing
Iterate on your pricing as quickly as you improve your product with Stripe’s flexible billing components.
Global payments built-in
Accept any supported payment method with our unified API—no one-off integrations or separate contracts required.
Protect your revenue, simplify PSD2 compliance
PSD2 regulation requires European customers to provide Strong Customer Authentication—or SCA—for many subscription and invoice payments. Stripe Billing helps protect your revenue by identifying which charges require SCA and triggering authentication when required—all with as little friction as possible.
Customizable and comprehensive invoices
Tailor invoices to match your brand, configure templates to display necessary customer and product information, and apply inclusive or exclusive tax rates for different locales.
Reduce declined payments by up to 45%
Nearly a quarter of churn is caused by missed payments or declined cards. In 2017, Stripe’s recovery tools reduced payment declines for users by 45% on average and increased revenue by 10% on average.
- Automatic card updater
Stripe works directly with card networks to update payment details with new card numbers or expiry dates.
- Smart retry logic
Stripe uses machine learning algorithms that train on data from across the Stripe network to optimize retry logic and minimize failed payments.
- Payment reminders and overdue notices
Maximize your chances of getting paid with pre-built email reminders for missed or overdue payments.
How to integrate Stripe Billing with Spree
BUILDING BLOCKS FOR BILLING
The Stripe Billing API is easy to integrate into existing websites, mobile apps, or even CRM systems. Developers can use out-of-the-box functionality to get started quickly or use our composable API building blocks to design fully customized subscription logic and pricing models.