stripe-billing-subscriptions

What problem does it solve?

This Skill provides expert guidance on Stripe's comprehensive billing and subscription infrastructure, simplifying the complex task of implementing and managing recurring revenue. It addresses challenges like diverse pricing models, usage-based billing, trial periods, and customer self-service, helping businesses streamline their subscription operations.

Core Features & Use Cases

• Subscription Management: Create, update, and cancel subscriptions, handle trial periods, and manage proration for mid-cycle changes.
• Flexible Pricing Models: Implement various pricing strategies including flat-rate, tiered, volume, and usage-based billing with metered prices.
• Customer Portal & Invoicing: Provide a self-service customer portal for subscription management and payment method updates, alongside automatic invoice generation and dunning management.
• Use Case: "I need to set up a monthly subscription plan with a 14-day free trial. Show me how to create a product and price, then create a subscription with a trial period."

Quick Start

Create a new Stripe product named 'Premium Plan' with a monthly price of $49.99, then create a customer and subscribe them to this plan.