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I use Paddle for taking subscription payments for a paid Chrome extension (https://www.checkbot.io/ https://www.checkbot.io/). The main draw for me over Stripe
by seanwilson 6y ago
I use Paddle for taking subscription payments for a paid Chrome extension (https://www.checkbot.io/ https://www.checkbot.io/).
The main draw for me over Stripe is Paddle handle all country specific sales tax and VAT for me. Paddle send me a single pay out every month, I file that as income in my tax return and I'm done. Without Paddle, I'd need to charge the correct VAT for sales to each country plus keep on top of the changing rules (I'm in the UK).
How do other people do this? I'm curious how many people just don't know the rules around e.g. EU VAT and ignore it when they're small.
- colesantiago 6y ago> I use Paddle for taking subscription payments for a paid Chrome extension (https://www.checkbot.io/ https://www.checkbot.io/). I had a look at Paddle (only heard about it just today) and seems to have an advantage with their VAT offering, (I thought Stripe does this already for you) How do payouts happen with Paddle in your experience? Stripe usually happens in a week for me. Also can't seem to see pricing on any of their pages.
- seanwilson 6y agoLast time I asked Paddle was 5% with $0.50 per transaction. Fastspring is more expensive with more features, and Gumroad is cheaper with less features where both deal with sales tax like Paddle does. I'd be curious at an estimate of the accountancy costs for dealing with sales tax yourself. I'm happy to pay for less admin and peace of mind, but obviously there'd be some point where it would be a cheaper to do it yourself. > How do payouts happen with Paddle in your experience? Stripe usually happens in a week for me. Reliably once a month at the start of the month. Never had an issue.