Billing
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Billing
Smart billing solutions designed for diverse business models

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As digital transactions continue to evolve, businesses need efficient solutions to manage payments, pricing, and overall customer billing experience. Solidgate addresses this need and provides a comprehensive billing system tailored to support different business models, helping optimize operations and enhance revenue management.

At the core of this solution are flexible product, pricing, and Glossary
A feature for a payment arrangement where a customer authorizes the automatic and periodic withdrawal of funds from their account to fulfill ongoing financial obligations.
subscription
management features that allow merchants to customize their billing approach. In Solidgate, products represent the goods or services available for purchase, while pricing options empower businesses to sell in multiple currencies, reaching customers worldwide. Merchants have complete control over billing operations, encompassing product and price creation, and subscription management via the Solidgate HUB or Solidgate API , ensuring a flexible and scalable payment framework.

Managing products includes creating new offerings, retrieving product details, or adjusting existing products to meet specific needs and enhance customer experience.
Product pricing management is empowered by options to create, update, and retrieve pricing information, allowing merchants to maintain accurate and competitive pricing strategies.

With products and pricing in place, merchants are fully equipped to link customers with their offerings using the Solidgate’s subscription service. Throughout the subscription lifecycle, businesses have access to subscription tools to pause, cancel, or resume subscriptions, update payment credentials, and access subscription details. Furthermore, businesses can employ coupon codes to attract new customers and foster loyalty among existing ones.

Solidgate's subscription service connects customers to products. It allows for defining the frequency of recurring payments and outlining the details of the subscriptions. Additionally, merchants can offer trial periods for subscriptions and track subscription statuses.
Solidgate equips merchants with essential tools for subscription management. They include product switching, data retrieval, token updating, pausing, cancellation, and restoration, ensuring efficient operations and customer satisfaction.
For businesses centered around subscriptions, coupons feature is a great tool for attracting and retaining customers. Coupons can be tailored for various durations, redemption limits, and expiration dates, enabling targeted promotional strategies.

Solidgate’s comprehensive subscription management toolkit is extended with flexible retry logic to recover failed payments, detailed reason codes to understand churn drivers, and real-time notifications to inform merchants of all subscription events.