Stripe Billing

stripe.com

This to me is pretty clearly the most significant new product since the last newsletter. Stripe's take on recurring business models looks really powerful, they can take care of invoicing in the same type of really smart, customer-friendly way they were already doing online payments, you can do wire payments and ACH and still have Stripe notice the payment (it sets up virtual bank accounts for receiving), you can do all types of billing models, etc. and the pricing is great - free for the first million dollars, then 0.4% on top of their payment processing fee. They still don't do quite everything that a provider like Chargebee or Chargify does, but they're getting pretty close.

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