SaaS (Software as a Service) is a business model where software is licensed on a subscription basis and centrally hosted (cloud-based). Payments for SaaS are typically handled via recurring billing (subscriptions) rather than one-time purchases.
FAQs:
- How does SaaS billing work?
It is usually automated monthly or annual billing using a saved credit card (e.g., Stripe Billing). - Why is SaaS popular for merchants?
It provides predictable, recurring revenue (MRR – Monthly Recurring Revenue) and reduces the need to resell to the customer every month. - Can Charge for Stripe be used for SaaS?
Yes, you can manage subscription plans and view SaaS metrics like MRR within the app if it connects to your Stripe data.
Related Terms:
- Recurring Payment
- Subscription
- Churn
- MRR (Monthly Recurring Revenue)