There are a few reasons, from most to least important:
- Paddle handles VAT tax for me. Stripe doesn't.
- Paddle is a merchant of record (like an app store), so I don't have to worry about invoicing to my customers (which is very important for a solo indie hacker like me).
- Paddle supports Vietnam, Stripe doesn't.
- Paddle handles fraud and risky transactions on their side, I don't have to do anything. Stripe pushes that responsibility to the business owners (me).
Paddle’s transaction fee is 5% + 0.5c, which is quite high, but worth it.
That's all 😄
PS: if you are also using Paddle (or planning to), join the Paddle Seller community on Twitter 👋.
PSS: more relevant links from the internet
We moved from Stripe to Paddle. Here is why. - Splitbee Blog
We recently switched from Stripe to Paddle and we're more than happy about it. For many people, especially developers, Stripe is the go-to platform for accepting online payments. That's why a lot of people choose Stripe without looking at alternatives that might be a better fit.
Stripe vs Paddle
This January/February I've been looking at which payment method is best for my SideProject. I've decided to share what I've discovered, as I haven't found much information on the advantages/disadvantages of Stripe vs Paddle. I have a SideProject (SPAM: WebiCaster.com) which I want to charge recurrently on a monthly basis.
👋 Like what you read here?
Hello there, I'm Tony Dinh.
I quit my high paying job to work on my side projects with a mission to make a living from my apps and live an independent life. 🌴
- 🛠️ I built a macOS app for developers: DevUtils.app
- 🎩 I built a browser extension for Twitter: BlackMagic.so
- 🏖️ Read my story → https://newsletter.tonydinh.com/
- 💻 Everything about me → https://tonydinh.com
❤️ Thanks for reading!