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Ask HN: What payment processor can a private individual use to offer a service?

• q92z8oeif 7y ago
  Afraid the answer will be None.
• bellwether 7y ago
  You can receive payments using your individual social on PayPal I believe. I don't know if that opens up their checkout and subscription APIs though. It's a bit of unique test case, so if PayPal and Stripe don't work for you, I think you'll have a hard time finding a solution. Perhaps try talking to a business in the cannabis industry? They often have a lot of hurdles to overcome when accepting payments.
  • nenadg 7y ago
    That's the same conclusion I came upon, also interesting case for someone to build it :).
• tipsysquid 7y ago
  My company Gilded[1] can help small businesses or individual contractors get paid with cryptocurrency (stable coins), Stripe (local fiat currencies) integration, or wire transfers. Setting up a Coinbase account and getting paid with Gilded would be fairly easy. Also, USDC (stablecoin) can be exchanged 1:1 on Coinbase and can be quickly exchange for fiat in your bank account. Happy to help or discuss specific scenarios. [1] https://gilded.finance https://gilded.finance
  • RabbitmqGuy 7y ago
    Hi, I looked around the website and it looks like a cool service. But I was unable to figure out; 1. What countries are supported for sellers. 2. What countries are supported for buyers.
    • tipsysquid 7y ago
      Thanks for taking a look! We're a non-custodial service allowing our customers to create invoices anywhere, payable by anyone. We don't touch your funds, which makes us global without restrictions. If you are curious about on/off ramping stablecoins into your bank account, we have a deep integration with Coinbase which is available in 80+ countries and have partnerships with several stablecoin companies.
• seanwilson 7y ago
  Try https://paddle.com https://paddle.com? I use them for a paid Chrome extension (https://www.checkbot.io https://www.checkbot.io, you can see the Paddle checkout when you click the buy buttons) as an individual. Paddle let you sell worldwide via subscriptions and individual purchases where they handle country specific tax for you. Obviously you need to declare the income you make to the government but that shouldn't require you to form a company (in the UK at least) and this structure means you don't have to do accounting for EU VAT which I've heard is a huge plus. Let me know if you've got any questions like integration tips. Generally for a SaaS for example, you accept purchases via Paddle's embeddable JavaScript checkout then use a web hook sent from their server to trigger account creation, email confirmation etc. from your server.
  • mytailorisrich 7y ago
    On the other hand, in the UK forming and maintaining a company is so simple and cheap that you might want to do it anyway to keep your business finances and liabilities separate.
    • seanwilson 7y ago
      It's not simple though in the sense that you'll then have more ongoing paperwork to do each year for taxes and your accountancy costs will be higher (I wouldn't recommend doing company tax filings by yourself). The OP mentioned testing an idea out so creating a company only for this might not be worth the hassle and you risk doing your taxes wrong if you're not careful.
      • mytailorisrich 7y ago
        In my experience (UK), company tax filings are very simple if you have a solo business selling online, and not more difficult than tax filings as an individual. You have to do your accounts anyway: If you can do that you can fill a company tax return. Of course that's highly dependent on your jurisdiction. I was replying to you because you seem to be in the UK. Sometimes the hassle of wanting to avoid forming a company exceeds the hassle of forming a company (which you can use for multiple projects), which also shields you many liability issues.
• RabbitmqGuy 7y ago
  I have had success with PayPal in the past to power payments for my service [1]. Their API and documentation (or lack thereof) wasn’t great but it worked in far more countries than the likes of stripe. You could also try gumroad. 1. https://errorship.com/ https://errorship.com/
• miluge 7y ago
  Snipcart might solve your problem!
• nenadg 7y ago
  Update: I've tested Paddle, and it seems it's perfect. Thank you all for kind answers, and special thanks to @seanwilson for bringing Paddle up.
• question11 7y ago
  no one said crypto? stable USDT, EURT, Bitcoin?