| Billing Runs | Payment Runs |
| A Billing Run creates invoices for your customers. | Payments Run evaluates the invoices and creates payments for your customers with payment methods on file. |
| Billing Runs can be manually started or scheduled to occur at a variety of intervals. | A Payment Run can be ad-hoc or scheduled to run immediately after a Billing Run or any other interval. |
| Looks for charges that are eligible for billing. | Looks for invoices and if auto-pay is enabled. |
Learn more about the difference between a Billing Run and a Payment Run.
Read Next: Billing Runs
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