Accepting Payments

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This topic contains 4 replies, has 2 voices, and was last updated by Joshua Aguirre Joshua Aguirre 1 year, 6 months ago.

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  • #409
    Joseph Morris
    Joseph Morris
    Participant

    I have a question that I haven’t seen covered here yet. What do I do about accepting payments for a premium part to my website?

    #413
    Joshua Aguirre
    Joshua Aguirre
    Moderator

    Hey Joseph. Thanks for your question. There’s a lot to this but we’ll take it one step at a time. First off, I think you need to decide which types of payments you want to receive, from which countries your customers are going to be in and then which payment processor is right for you. Once you figure out those three things, come back to me with further questions.

    #414
    Joseph Morris
    Joseph Morris
    Participant

    Thanks Joshua. I will check these things out and come back with more questions.

    #419
    Joseph Morris
    Joseph Morris
    Participant

    Alright, so I decided on Stripe based on what I need and found this helpful documentation on adding it into my website: https://stripe.com/docs/api What else should I be thinking about?

    #420
    Joshua Aguirre
    Joshua Aguirre
    Moderator

    Hey Joseph, glad to hear back from you! So now that you’re planning to accept payment and have the research done, you need to start building the structure of tracking these charges. If you don’t already have an LLC/Co for your business, I’d recommend getting that, an EIN, a bank account and then using a program like WaveApps to track and monitor your charges. Stripe can directly transfer money to your bank account and Waveapps will monitor this. From here you can expand to all sorts of reporting and projections. For more information on the corporate mumbo jumbo, check out this article. Thanks and good luck!

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