- SaaS Company
- Small Business
What exactly is Recurring Billing?
Recurring billing is a process by which your initiate payments from your customers on a regular schedule. This process not only significantly reduces the time and money you spend on billing and collections, it also provides a very convenient way for your customers to pay you on time, every time. The process is easy, and all you need to get started is a PaySimple account. You must first get written permission from your customers to start a subscription billing program. (We provide you with all the materials you need to do this.) You then upload your customer’s payment information–only once, eliminating data entry errors–and payments are retrieved and processed at regular intervals going forward. The entire process is customizable. For example, you can choose a monthly bill date, and create a custom receipt. You can even provide your clients access to update their preferences and billing details online.