Your needs will depend a lot on they kind of payment provider that you're using, in particular the dealing with taxes. The taxes that you need to charge your customers depend on a lot of factors. Therefore you may want to make use of a service that calculates the tax rates for you (but then you still may need to pay those taxes), or use a service that acts as a merchant of record and handles all taxes on your behalf. See this discussion for more info: https://www.indiehackers.com/post/9a829d8d9e
That said, depending on your country (outside of the EU), you can probably ignore these difficulties while you're small ...
Thanks for the link! I was always wondering why we can't just collect payments and then handle our taxes once a year, not involving any website changes.
Yes, I'm using Stripe and yes I'm in the EU. Time to start worrying.
BTW: I think there's a business opportunity for a EU-based Paddle/GumRoad competitor that has a solid API and offers more payment methods than Creditcard and Paypall.
Your needs will depend a lot on they kind of payment provider that you're using, in particular the dealing with taxes. The taxes that you need to charge your customers depend on a lot of factors. Therefore you may want to make use of a service that calculates the tax rates for you (but then you still may need to pay those taxes), or use a service that acts as a merchant of record and handles all taxes on your behalf. See this discussion for more info: https://www.indiehackers.com/post/9a829d8d9e
That said, depending on your country (outside of the EU), you can probably ignore these difficulties while you're small ...
Thanks for the link! I was always wondering why we can't just collect payments and then handle our taxes once a year, not involving any website changes.
Yes, I'm using Stripe and yes I'm in the EU. Time to start worrying.
Hehe, time to consider Paddle or GumRoad :)
BTW: I think there's a business opportunity for a EU-based Paddle/GumRoad competitor that has a solid API and offers more payment methods than Creditcard and Paypall.