Glossary > Subscription Billing
Subscription Billing
Subscription billing, also known as recurring billing, is a business model that allows you to charge your customers for products or services on a regular basis. Customers are charged according to the actual usage of their subscription. The most common example of Subscription Billing is monthly cell phone plans.
The subscription billing model is popular in the SaaS (software-as-a-service) world, where it’s used by companies to sell their products online.
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Similar Terms:
Billing Platform
IaaS Billing
Recurring Billing
SaaS Billing
Usage-Based Billing (UBB)
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Subscription and Billing Management
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Vendor and Product Information Management
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