Stripe has introduced a new billing portal that will simplify subscription management for end-users.

The launch was part of Stripe’s plan to rollout new products for its clients as the economy gradually rebounds.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The new customer portal for Stripe Billing will allow platforms to provide their customers with greater control to manage subscriptions.

According to the company, the portal will enable the customers manage subscription and billing details. The customers can also view their billing history as well as update payment information and select payment plans.

Stripe has also expanded its bank debit support to enable its clients to bolster presence in the international market.

The move includes support for Bacs Direct Debit in the UK, BECS Direct Debit in Australia, FPX bank debits in Malaysia, and Pre-Authorized Debits (PADs) in Canada.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This will provide international customers with more payment options at checkout increasing conversion rates and lowering costs.

The company also noted that several companies have integrated Stripe Billing as digital payments surged due to Covid-19 pandemic. It includes ChowNow, Cloud Kitchens, Figma, Masterclass, Notion, Slack and Smartsheet.

Stripe Product Growth head James Dyett said: “There’s no part of building a SaaS platform we don’t obsess about.

“From the new customer portal through to a dashboard that shows everything right down to MRR by product and plan, we’re consistently shipping features—from home—to make the process of building a SaaS platform effortless.”

Notably, Stripe raised $600m in April in an extension of its Series G funding round.