What is a billing cycle?

A billing cycle refers to the interval at which customers are charged for a subscription service, typically occurring on a monthly, quarterly, or annual basis. The billing cycle is the period between one payment due date and the next, and it determines how often a customer is required to make payments in exchange for continued access to a service or product.

Why is the billing cycle important?

A billing cycle refers to the interval at which customers are charged for a subscription service, typically occurring on a monthly, quarterly, or annual basis. The billing cycle is the period between one payment due date and the next, and it determines how often a customer is required to make payments in exchange for continued access to a service or product.