You may be willing to start a social network for target community using Hosted solutions as you wanted to kick off hassles of script installations and server configurations . So far you have two options in hosted solutions.
SocialGo – The Social Network building platform with free and premium package, they offer member billing option on their premium packages.
Ning – They published that in this first weeks of June 2011 they will embed member billing options to their system. [ Ning official Eric Suesz confirmed member billing will be announced soon in their creator's forum.
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