The Subscription API Suite enables seamless recurring billing management by allowing you to define, create, and automate subscription-based payments. This suite comprises three key components: Plans, Subscriptions, and Presentation, ensuring a flexible and efficient billing process.
Key Components:
Plans:
Define the pricing structure, billing frequency (daily, weekly, monthly, yearly, or custom), and payment terms. Plans serve as reusable templates to standardize subscription offerings.
Subscriptions:
Manage recurring billing cycles where customers are charged at predefined intervals based on the selected plan. Automate payments to ensure consistency and revenue predictability.
Presentation:
Presentation defines how recurring charges are collected. This can be:
- Auto-Debit Flow – The system automatically debits the subscription amount on the scheduled date and time.
- Approval-Based Debit Flow – We will wait for your request to explicitly process the debit before charging.