Processing Recurring Subscription Payments Cleanly
Written by Harry Prabandham
Curated by Rubric Financial
Last updated
1 / 5
The Recurring Payment Lifecycle
- Each billing cycle a charge is created from the subscription terms, then authorized and captured through your payment processor.
- Successful captures settle into your bank account on the processor payout schedule, usually a day or two later.
- Failed captures enter a retry and dunning path rather than immediately ending the subscription.
- Every event in this lifecycle should produce a record your accounting system can later match to cash.
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About the author
Harry PrabandhamFounder & CEO
Founder and CEO of StartupCFO. MBA from Wharton, MS in Computer Science, and decades of experience building and advising venture-backed startups.
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