A guide on transitioning to a decoupled billing system, and achieving PSP redundancy with minimal development effort.
Existing Setup
Stripe Billing is great for early stage growth due to their ease-of-use and powerful features. But as the business grows and rolls out to more markets, the need for a more scalable setup increases.
Gaps in local payment methods
Missing local payment methods and currencies, add friction and hamper growth.
Missing pricing flexiblity
Solvimon's specialized platform adds the flexibility required for more sophisticated monetization and billing setups.
The ability to charge your customers is critical. Relying on a single vendor exposes your business to the risk of a single point of failure.
Step 1
Adding Solvimon Billing to the existing setup
Integrate Solvimon without affecting the current setup, running it alongside Stripe Billing.
Zero disruption
Solvimon integrates with Stripe Payments, so payment processing remains uninterrupted.
Flexible pricing
Leverage Solvimon’s flexibility and customization to unlock more monetization options, localized pricing and billing features.
White label UX
Customize your customer billing portal using customizable components or Solvimon's SDKs.
Step 2
Access more payment methods and currencies by adding Adyen
Integrate Adyen to unlock additional Local Payment Methods (LPMs), Adyen's Auto-Rescue, Real-Time Account Updater, and Network Token Optimization.
This setup routes Customer Initiated Transactions (CIT) based on conditions you define, enabling partial redundancy.
Step 3
Fully migrate subscriptions to Solvimon to reduce cost
Decouple from Stripe Billing completely. Doing so will lower the overall cost of the billing setup while keeping all the benefits and capabilities.
Step 4
Enable full PSP redundancy by introducing a token vault
Add a Token Vault to your payment stack and import the card tokens from Stripe and Adyen to enable dynamic routing of merchant-initiated transactions (MIT).
Bonus Option
Using Solvimon as a Headless Billing System
Solvimon offers a headless billing option. This approach provides backend services while allowing your team to build and maintain a completely custom frontend experience.
Transitioning from Stripe Billing to a more sophisticated billing setup doesn't have to be an all-or-nothing endeavor. Each phase delivers tangible benefits while laying the groundwork for future expansion:
Reduced vendor dependency and associated costs
Improved viability for international expansion
Better system reliability through redundancy
Greater control over customer experience
Future-proof infrastructure that scales with you
Your billing infrastructure directly impacts your ability to monetize effectively and serve customers efficiently. By taking control of this critical business function, you're not just solving today's challenges – you're building a foundation that can support your business's growth for years to come.
Approach the steps at the pace that makes the most sense for your organization at a given time. The modular nature of these options means you can take a phased approach based on your monetization needs as your business continues to expand internationally.
Why Solvimon
Helping businesses reach the next level
The Solvimon platform is extremely flexible allowing us to bill the most tailored enterprise deals automatically.
Ciaran O'Kane
Head of Finance
Solvimon is not only building the most flexible billing platform in the space but also a truly global platform.
Juan Pablo Ortega
CEO
I was skeptical if there was any solution out there that could relieve the team from an eternity of manual billing. Solvimon impressed me with their flexibility and user-friendliness.
János Mátyásfalvi
CFO
Working with Solvimon is a different experience than working with other vendors. Not only because of the product they offer, but also because of their very senior team that knows what they are talking about.
Steven Burgemeister
Product Lead, Billing
