[wnm]

Personally, I wouldn't move. I value the time and hassle saved, more then the money. For my business (https://presskithero.com) I use https://paddle.com, which is even more expensive then gumroad (5% + 0,5%). But they handle VAT (value added tax) for me, which otherwise would be a huge hassle and time sink.

[seanwilson]

Doesn't Gumroad handle EU VAT? https://help.gumroad.com/11164-payments/dealing-with-vat

[wnm]

They do. The reason I went with Paddle is that Gumroad only pays out via Paypal (to customers in Germany). I had problems with Paypal in the past, and don't trust them. Also, they charge about 3% in hidden fees when you convert USD to EUR, which I'd have to do to get the money to my bank account.

[deadcoder0904]

Woah. I have problems with Stripe since I am from India & it is not supported in India so I have to go PayPal way. Also, can u tell me how much hidden fees they will charge me to convert from USD to INR ?

[wnm]

The hidden fees come in the form of bad exchange rates. In my experience it was always around 3% less, then what Google Currency Converter told me it should be.

Edit: to be fair, Stripe also doesn't give you excactly the same rate as Google Currency Converter would show you, but at least they are transparent about it:

> As currency prices constantly vary, it’s not possible to know in advance the FX rate you’ll pay. The rate displayed online at various sites such as Open Exchange Rates or Google’s Currency Converter is the mid-market rate: the average between the prices at which people are buying and selling the currency. The actual exchange rate includes markups from financial institutions. When Stripe performs a currency conversion, funds are usually converted at 1% above the daily mid-market rate for users in the United States.

https://stripe.com/docs/currencies/conversions#calculating-f...

[deadcoder0904]

Thank you so much, you've been such a great help

[vram22]

What methods does Paddle pay by?

[wnm]

Wire transfer

[vram22]

Thanks.