Stripe Billing
by Stripe · Billing & Subscriptions
Recurring billing and subscription management for SaaS and usage-based businesses
- Works with
- NetSuite, QuickBooks Online, Xero, Sage
- Deployment
- Cloud
- Company size
- SMB, Mid-market, Enterprise
- Pricing
- Percentage of billing volume (pay-as-you-go), with annual commitment plans available
- Founded
- 2010
- Headquarters
- South San Francisco, California, US
Overview
Stripe Billing is the subscription and recurring-revenue layer of the Stripe platform. It lets companies model and run pricing across flat-rate, per-seat, tiered, and usage-based plans, automatically generating invoices, collecting payments, prorating mid-cycle changes, and managing the full subscription lifecycle (trials, upgrades, pauses, cancellations, and renewals). Because it sits on top of Stripe's payments stack, billing volume can be collected through cards, wallets, bank transfers, and other methods across more than 135 currencies.
Beyond invoicing and collection, Billing focuses heavily on revenue recovery and retention. Smart Retries applies machine-learning-driven retry timing to failed charges, and automated dunning emails, card-updater logic, and cancellation surveys aim to reduce involuntary and voluntary churn. On the finance side, Stripe layers on automatic tax calculation, ASC 606 / IFRS 15 revenue recognition reporting, and reconciliation, plus analytics and data-warehouse export for finance and RevOps teams. Usage-based and metered pricing is now powered by Metronome within the Stripe ecosystem.
For ERP-driven finance teams, Stripe is typically connected to the general ledger rather than replacing it. The Stripe-built Connector for NetSuite syncs charges, payouts, fees, invoices, refunds, disputes, and customer records into NetSuite and automates cash reconciliation; QuickBooks, Xero, and Sage are reached through marketplace apps. Stripe was named a Leader in Gartner's 2025 Magic Quadrant for Recurring Billing Applications and in The Forrester Wave for Recurring Billing Solutions (Q1 2025).
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Stripe.
Features & capabilities
Subscriptions & pricing models
Model and run recurring revenue across pricing strategies.
- 15+ built-in pricing models (flat-rate, per-seat, tiered, volume)
- Free trials and paid trials
- Mid-cycle upgrades and downgrades without cancellation
- Automatic prorations
- Subscription pause and resume
- Multi-phase subscription schedules
- Installment billing
- Entitlements for feature-level access control
Invoicing
Create, send, and reconcile invoices.
- Automatic invoice generation per billing cycle
- Hosted, customizable invoices (no-code from the Dashboard)
- e-Invoicing
- Credit and debit notes
- Self-serve customer portal for invoices and subscriptions
- Custom quotes and CPQ integrations
- Automatic invoice reconciliation
Usage-based & metered billing
Usage-based pricing powered by Metronome within the Stripe ecosystem.
- Usage-based and consumption pricing models
- Rate cards
- Event metering at high throughput (up to ~100K events/second)
- Combine usage charges with recurring fees
Revenue recovery & retention
Reduce involuntary and voluntary churn.
- Smart Retries (ML-driven retry timing for failed payments)
- Automated dunning emails for failed and expiring payments
- Automatic card-updater for expired cards
- Cancellation surveys
- Retention and recovery automations
Tax, revenue recognition & reporting
Finance-grade controls and analytics.
- Automatic tax calculation across 90+ countries (Stripe Tax)
- ASC 606 and IFRS 15 revenue recognition reporting
- Billing analytics and benchmarks
- Revenue recovery analytics
- Custom reporting via Stripe Sigma
- Data-warehouse export (Snowflake, Redshift, BigQuery, Databricks, S3)
Payment collection
Collect recurring revenue across methods and geographies.
- 100+ payment methods including cards, wallets, bank transfers, and BNPL
- 135+ currencies
- ACH Direct Debit and other asynchronous methods
- Automatic and send-invoice collection methods
- Multiprocessor support (bill on Stripe, collect off Stripe)
Common use cases
- Launching and managing SaaS subscription plans
- Implementing usage-based or hybrid pricing
- Recovering failed and expiring recurring payments
- Automating invoicing and customer self-service
- Calculating and remitting tax on recurring revenue
- Producing ASC 606 / IFRS 15 revenue recognition reports
- Expanding subscription billing into new currencies and markets
Strengths & considerations
Strengths
- Native part of the Stripe payments stack, so billing and collection are unified
- Smart Retries trained on platform-wide payment data for failed-payment recovery
- Multiprocessor model lets companies bill on Stripe while collecting through other processors
- Usage-based billing powered by Metronome with high-throughput metering
- Named a Leader in Gartner's 2025 MQ and Forrester Wave Q1 2025 for recurring billing
Considerations
- Billing fee (0.7% of billing volume) is in addition to standard Stripe payment processing fees
- The NetSuite connector syncs one-directionally (Stripe into NetSuite), not bi-directional
- QuickBooks, Xero, and Sage rely on marketplace/third-party apps rather than a Stripe-built connector
- Deep value is realized within the Stripe ecosystem; mixing other payment gateways limits some features
- Advanced usage-based billing depends on Metronome, which carries its own pricing
ERP integrations
Stripe-built Connector for NetSuite syncs charges, payouts, fees, invoices, refunds, disputes, and customers; automates cash reconciliation.
Connected via accounting apps in the Stripe App Marketplace; imports transactions for reconciliation.
Marketplace connector syncs payments, fees, refunds, and payouts as bank transactions in Xero.
Pricing
Pay-as-you-go is 0.7% of billing volume, applied on top of standard Stripe payment processing fees. Annual subscription plans (billed monthly) offer volume discounts for higher volumes. The former Starter (0.5%) and Scale (0.8%) tiers were consolidated to 0.7% in 2024. Usage-based billing via Metronome is priced separately. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- Stripe-hosted SaaS
- Compliance
- PCI DSS Level 1, SOC 1 Type II, SOC 2 Type II, SOC 3
- Languages
- 35+ languages for hosted billing surfaces
About the vendor
- Founded
- 2010
- Headquarters
- South San Francisco, California, US
- Ownership
- Private
- Notable customers
- Atlassian, Figma, Intercom, Retool, Fox Sports
Alternatives to Stripe Billing in Billing & Subscriptions
Stripe Billing — frequently asked questions
How much does Stripe Billing cost?
Pay-as-you-go pricing is 0.7% of billing volume, charged in addition to standard Stripe payment processing fees. Annual commitment plans billed monthly offer volume discounts at higher volumes, and usage-based billing through Metronome is priced separately.
Does Stripe Billing integrate with my ERP?
Stripe provides a Stripe-built Connector for NetSuite that syncs charges, payouts, fees, invoices, refunds, disputes, and customers into NetSuite and automates reconciliation. QuickBooks Online, Xero, and Sage are connected through accounting apps in the Stripe App Marketplace.
Does Stripe Billing support usage-based pricing?
Yes. Usage-based and metered pricing is powered by Metronome within the Stripe ecosystem, supporting rate cards, high-throughput event metering, and hybrid models that combine usage charges with recurring fees.
How does Stripe Billing reduce churn?
Smart Retries applies machine-learning-driven retry timing to failed payments, while automated dunning emails, an automatic card updater for expired cards, and cancellation surveys address both involuntary and voluntary churn.
Does Stripe Billing handle revenue recognition and tax?
Yes. Stripe provides ASC 606 / IFRS 15 revenue recognition reporting and automatic tax calculation across 90+ countries through Stripe Tax, plus reconciliation and data-warehouse export for finance teams.
Evaluating Billing & Subscriptions?
Tell us your ERP and requirements and we'll send an independent shortlist — including Stripe Billing and the best-fit alternatives — with honest pros and cons.