Having a billing system that lets you stay nimble to respond to customers' needs is really critical. Stripe gives you that flexibility. It's something we wish we'd had years before.
Stripe offered what we needed out of the box – plus we wanted a system that we could reason about, had good documentation, and had existing integrations with essential third-party tools.
Stripe Billing enabled us to launch our subscription product, eero Plus, on schedule and with billing fully integrated.
We implemented Stripe to introduce new billing and payment models and increased our trial conversion by 300%.
Charge for one-time purchases.
Charge a single price on a recurring basis.
Calculate billing based on product usage.
Charge different prices based on volume tiers.
Adjust billing with discounts and trials.
Bill daily, weekly, monthly or annually in advance or in arrears, and set custom future start dates.
Processing bank transfers
|
Traditional flow
|
Stripe
|
---|---|---|
Send invoice
|
Manual | Automatic |
Review bank statement
|
Manual | Automatic |
Notice new customer payment
|
Manual | Automatic |
Match payment with invoice
|
Manual | Automatic |
Mark invoice as paid
|
Manual | Automatic |
We recovered 12% of revenue through Stripe Billing’s automatic card updater.
Customer for Meghan Smith was created
Subscribed to Bronze Plan
Trial ended for Bronze Plan
Subscribed to Additional Storage
Stripe automatically updated a Visa ending in 4242
Canceled subscription to Additional Storage
$100.00 off discount applied to the customer’s account
Changed subscription from Bronze Plan to Gold Plan
Payment failed and an alert was sent
Updated payment method to Visa ending in 4028