Choose the exact day when a subscription will renew

Now you choose the exact day of the month when your customers’ subscriptions will renew.
With this update:
- Flexible renewal date: Select any day of the month as the renewal date for your customers' subscriptions.
- Automatic prorated billing: The first payment is prorated based on the number of days left in the current billing period, so customers are billed fairly from day one.
How to set it up:
- Create a subscription checkout page.
- Tick the "Billing Anchor" box.
- Select your preferred renewal day.
This new billing anchor option works for both subscription and payment plans and can be used in combination with setting a custom subscription start date.