Does Stripe use Stripe Billing to bill its customers?

Stripe, a prominent fintech company, is widely used for its software and APIs that facilitate online payments and business management, with Stripe Payments and Stripe Billing being key products. While Stripe Billing is designed to manage subscriptions and calculate customer charges, replicating Stripe's own pricing model using it reveals several limitations, particularly for B2B and product-led companies. These limitations include difficulties in charging percentage fees, a non-event-based architecture requiring redundant usage records, and the need for managing multiple IDs for simple pricing setups. Additionally, rate limits pose scalability issues for high-volume transaction processors, and the requirement for uniform billing periods across products complicates usage-based pricing models with diverse billing needs. Despite these challenges, the experiment underscores the potential of alternative billing solutions like Lago, which are tailored for B2B contexts and usage-based pricing complexities.