What is the difference between Manual and Stored (card-on-file) billing modes?

There are two billing modes. In Manual mode, each due cycle is invoiced for the customer to pay (no card is automatically charged) — suited to bank transfer, COD-style, or approval-based recurring billing. In Stored mode, the system charges a saved card on file (a tokenized payment method) automatically each cycle — the classic auto-renew experience. The mode is set on the…

There are two billing modes. In Manual mode, each due cycle is invoiced for the customer to pay (no card is automatically charged) — suited to bank transfer, COD-style, or approval-based recurring billing. In Stored mode, the system charges a saved card on file (a tokenized payment method) automatically each cycle — the classic auto-renew experience. The mode is set on the subscription, and the daily billing sweep behaves accordingly: invoicing in Manual, charging the stored token in Stored. Customers can attach a card to enable Stored-mode auto-renewal.