Considerations for Billing and Payment Processing: Stripe vs Other Options

The State Changers had a meeting to discuss setting up billing for a B2B compliance software or app. They were considering using Stripe, but wanted opinions on other options like Paddle. It was mentioned that Stripe is more focused on payment processing while other services like Paddle or Chargebee provide built-in support for taxes. It was advised to consider tax liabilities and whether the service offered is subject to sales tax. If sales tax is not a concern, using Stripe would be fine. However, if sales tax applies or there are concerns about handling taxes, using one of the other services may be beneficial despite the higher fees. Overall, Stripe was praised for its billing management, payment processing, and fraud management capabilities. Justin asked if there were any other questions, but it is unclear what the response was.

(Source: Office Hours 6/19 )

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