Is there a service that can handle all incoming and outgoing payments for me?
I'm planning a web app. There will be a paid subscription option and I would like to pay users commission for new sign up referrals.
I'm not an accountant nor do I want to be, and I don't have the funds to run an entire accountacy department either – it's just me on my own at the moment. With that in mind, I'm looking for a third party solution that will handle all the incoming and outgoing payments on my website. All I want to do is point my app at its API and not worry about tax requirements or whether or not I've paid users correctly.
Does such a thing exist?
As far as I remember, Fastspring, Paddle and Gumroad all do subscriptions and deal with the different tax requirements for charging different countries for you. User commission isn't something I think they're set up to do though. Paddle has an affiliate program.