This is how I handle this and have always handled this since having two nightmare clients. I got burned by 2 clients that were awful, awful experiences. (Side note the worst experience is transferring a website to the client and leaving you the co-owner especially if it's a client who understands NOTHING about computers.) So the way around this I have discovered is in my contract I state you are the website owner, however the client provides a down payment and I begin designing. Once the basic design is done and I start doing back end connections like business info, google setup, etc, I meet with the client (in-person, zoom, Google Meet, Phone call, etc.) and they provide a credit card and we buy a WiX Plan and a domain (if one isn't already owned). While I'm the owner, all Credit Card info for the plan is under their CC. If the company is taking online payments, we set that up as well. All money then regarding the website hosting is not managed by me at all. Sure I can see earnings and such, and also it's helpful when they want added features (ascend, etc) that need a subscription. I simply tell them what it costs extra, and purchase it with their CC on file for them. I'm still managing the hosting but it's not on my business account. Now I don't have to worry about when it's time for renewals and collecting payments.
Now I understand some partners are making a profit off this by up-charging when it comes to hosting because they have to deal with the money. For me, it's more headache than it's worth to manage all of that. I clearly state in my quote the price for hosting (with possible discounts the first year) and what payment goes to me, the designer.