Stripe Billing

Stripe Billing is a comprehensive subscription and recurring revenue management platform that powers over 300,000 companies globally and manages nearly 200 million active subscriptions. As a core component of Stripe's Revenue and Finance Automation Suite, Stripe Billing has achieved a $500 million revenue run rate, demonstrating its critical role in the modern subscription economy.

Built on Stripe's payments infrastructure that processed $1.4 trillion in total payment volume in 2024 (up 38% year-over-year), Stripe Billing enables businesses to support any pricing model—from flat rate to usage-based to hybrid subscriptions. The platform's sophisticated capabilities include automated proration handling, metered billing, smart payment retries, and comprehensive revenue recognition tools that help businesses maximize revenue and minimize churn.

Stripe Billing's revenue recovery tools are particularly impactful, having helped users recover over $6.5 billion in revenue in 2024. Smart Retries alone recover 57% of recurring payments that originally failed, significantly reducing involuntary churn without requiring manual intervention. The platform supports 100+ payment methods including stablecoins and 135+ currencies, enabling truly global subscription businesses.

In 2024, Stripe consolidated its billing plans into a single comprehensive offering priced at 0.7% of volume, providing businesses with predictable pricing and access to advanced features. The company was recognized as a Leader in The Forrester Wave Recurring Billing Solutions Q1 2025 and the 2025 Gartner Magic Quadrant for Recurring Billing Applications. Recent innovations include Stripe Scripts for custom billing logic, mixed interval subscriptions, and an AI foundation model specifically designed for payments, positioning Stripe Billing at the forefront of subscription technology innovation.