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I just checked and realized I have zero annual Stripe renewals that have come through so far today. Not a big surprise, since most of our customers are on month
by gnicholas 3y ago
I just checked and realized I have zero annual Stripe renewals that have come through so far today. Not a big surprise, since most of our customers are on monthly subscriptions.
I have wondered about how Stripe handles months with differing numbers of days (for monthly subs), and leap years (for annual subs). Do they accelerate renewals in short months, so that February 28 has all the renewals that normally happen on the 29th-31st of other months? Or do they happen on March 1?
- jedberg 3y ago> Do they accelerate renewals in short months, Yes. They bill on the last day of the month if your anchor date is past that. In fact most billing systems do, which is why Feb 28th is the best day to load test billing systems. Because you'll get four days worth of renewals on one day. Interesting that you don't have renewals today, I wonder if they did them yesterday and have a bug?
- gnicholas 3y agoI do have plenty of monthly renewals, just not annual ones. I actually went to see if I'd had any annual renewals on the Feb 29, 2020, and it looks like I had just one, but they lapsed due to credit card failure. Fingers crossed that we get a signup today and can have a renewal on our next Leap day!