Remove B2C Remove compliance Remove PayPal
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2Checkout vs. Stripe vs. FastSpring: Comparing Payments, Taxes, and Platform Features (+ Pricing)

FastSpring

They offer three different levels of products: 2Sell for mobile and online payments worldwide, 2Subscribe to add on subscription management features, and 2Monetize to further add features such as global tax and regulatory compliance, invoice management, and more payment methods. They also have an enterprise pricing package called 4Enterprise.

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8 Best Chargebee Alternatives and Competitors (And How They’re Different)

FastSpring

However, you’ll still be responsible for paying taxes, processing chargebacks, and for things like legal compliance, dunning, and more. If something goes wrong with taxes, local compliance, chargebacks, accounts not balancing, etc., Stripe, PayPal, etc.). Zuora is a monetization platform for B2C and B2B companies.

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What is B2B Payments Processing and How Do You Implement It?

Stax

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). B2B vs. B2C Payments Despite the fundamental similarity that money is being given from one entity to another, B2B and B2C payments are quite different.

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In-Depth Comparison of 5 Monthly Recurring Billing Software

FastSpring

This means we take the lead on legal compliance, collecting and remitting consumption tax, chargebacks, and more. At FastSpring, we’ve been serving B2B and B2C software companies — including SaaS, digital goods, and one-time downloads — for nearly 20 years (Factor #2). Reconciling payments with accounts and remitting consumption tax.

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4 Ways to Expand Your Digital Business Worldwide

FastSpring

Europeans prefer a digital payment system like PayPal. Establish global and local compliance. And GDPR has made compliance even more rigorous and important. A great place to start with compliance is to get familiar with the 101 of sales tax and VAT (Value Added Taxes). Online payment preferences vary greatly globally.

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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

This can include peer-to-peer payments, and business-to-business (B2B) or business-to-customer (B2C) transactions. Additionally, automated record-keeping and electronic transaction histories simplify auditing and financial reporting, making it easier for businesses to maintain compliance with regulatory requirements.

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. SaaS billing solutions are usually talked about within the context of B2C payment processing.