The Bootstrapped Founder

297: Payment Platforms for Solopreneurs

Feb 23, 2024
Exploring payment platforms for solopreneurs, the podcast compares Stripe, Paddle, and Lemon Squeezy. It discusses key features, benefits, and challenges of each platform, focusing on what matters most to indie founders. The importance of choosing the right payment system for solopreneurs is emphasized, with insights on growth strategies and business value.
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ANECDOTE

First Paying Customers

  • Arvid Kahl shares his excitement over the first paying customers for his product, Podscan.fm.
  • Two out of three customers opted for annual subscriptions, validating his efforts and motivating further marketing.
INSIGHT

Payment System Choices

  • Solopreneurs face the challenge of choosing payment systems suited for low headcounts and bootstrapped budgets.
  • Established players like Stripe and Paddle, along with newcomers like Lemon Squeezy, offer diverse options.
ADVICE

Stripe vs. Paddle vs. Lemon Squeezy

  • Consider Stripe for its developer-focused integration and wide language support.
  • Paddle and Lemon Squeezy excel as merchant-of-record solutions, handling taxes and customer interactions.
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