BILLWERK+ WIKI

The Billwerk+ Wiki – your wiki for everything related to the subscription economy, subscription management, and payment solutions. Here you will find basic knowledge, definitions and information about the most important companies in the subscription industry.

The interbank system is a global network of financial institutions.

The term payment processing generally refers to the transmission of a certain amount from the purchaser or subscriber to the beneficiary.

Giropay is an online payment procedure supported by the German banking industry and used by many credit institutions.

The German company Robert Bosch GmbH was founded in 1886. The company is active in the fields of industrial technology, consumer goods, and energy and [...]

Duolingo is a freemium online service for language courses. The aim of the platform is to make further education possible for everyone. The Duolingo [...]

Changes to a subscription, such as upgrades or downgrades, may result in prorated charges. The calculation of these pro-rata charges is called Proration.

The reverse charge procedure is a special VAT scheme that helps to minimise tax abuse and fraud.

The term chargeback refers to the cancellation of a purchase made in a digital shop with a credit or debit card.

In the subscription business, there are various metrics and KPIs that describe the success of a subscription offer or a company with a subscription [...]

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