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by askinakhan 4176 days ago
Hi Matt,

Great job you're doing. Would be really interested in seeing the Wordpress product when it's out. Haven't found anything for perfect conversions as of yet.

You're currently using Paddle that takes 5%, in my opinion this is far too much, you could save 2.5% a year by going to Stripe or even more by going to GoCardless. Besides the clump sum you get at the end of each month, what is your motivation behind using Paddle compared to other, cheaper services?

Thanks

3 comments

As John said, having Paddle deal with VAT saves us lots of time and boring administrative work.

In EU accounting rules are quite strict, so you have to enter every single transaction into your accounting books. A lot of this work is still done manually. Having one lump sum frees us from that as well.

The last time I checked Stripe is not available to merchants in Slovenia.

And Paddle works with PayPal also. Many people prefer to use PayPal instead of credit cards.

He referred to #VATMESS - the new VAT rules across the EU that place a large administrative burden on smaller businesses like his (and mine) - more info here: http://rachelandrew.co.uk/archives/2014/11/25/how-small-comp... . Paddle seem to take care of this burden for him. I've looked into it and Stripe does not do this.
Wonderful story Matt, thanks for sharing it!

@askinakhan: While Stripe's base fees may be lower, Paddle is more of an all-in-one platform that simplifies the process of selling digital products.

As well as handling all of the VAT admin work for Pinegrow (which is a huge burden for sellers), Paddle also manages customer support and allows customers to pay via PayPal with a seamless checkout experience. We also offer analytics and developer tools that make it easy for devs to offer trial versions of their apps/games, in-app purchases and more.

Feel free to reach out to us if you have any questions! -- Fabio from Paddle.com