Recurly

Recurly is a subscription management and recurring billing platform designed for businesses with recurring revenue models. It provides tools for managing plans, pricing, promotions, subscriber lifecycles, payments, and churn. The platform also offers robust reporting and analytics to help businesses optimize their subscription performance.

Recurly is a comprehensive subscription management and recurring billing platform. It explicitly offers features like recurring billing, payment orchestration (which includes payment processing and alternative payment methods), fraud management, and reporting & analytics dashboards. While it integrates with payment gateways, it doesn't position itself as a developer-first payments infrastructure API platform like Stripe. Its core focus is on managing the subscription lifecycle, billing, and revenue recovery for businesses with recurring revenue models.