Knowledge Base
Payment Solutions
There are several payment solution providers for online creators. Here are some popular ones:
Ko-fi | Ko-fi is a platform that allows creators to receive one-time payments or recurring donations from their fans. Creators can offer supporters the option to buy them a “coffee” or make a monthly contribution. Ko-fi charges a transaction fee of 5% per payment. |
Gumroad | Gumroad is a platform that enables creators to sell digital products, such as ebooks, music, or software. Creators can set their own prices and keep 95% of the revenue. Gumroad charges a transaction fee of 3.5% + 30 cents per transaction. |
Payoneer | Payoneer is a global payment solution that allows creators to receive payments from around the world in their local currency. Creators can receive payments via bank transfer, credit card, and other methods. Payoneer charges a transaction fee based on the payment method and the payment amount. |
Square | Square is a payment processing platform that enables creators to accept payments via credit card, debit card, and mobile wallets. Creators can use Square to sell products, accept donations, and charge subscriptions. Square charges a transaction fee of 2.9% + 30 cents per transaction. |
Wise | Wise is a global money transfer service that allows creators to receive payments from around the world in their local currency. Creators can receive payments via bank transfer, credit card, and other methods. Wise charges a transaction fee based on the payment method and the payment amount, with transparent and low fees. Wise also offers a multi-currency account for creators to hold and manage funds in different currencies, which can save money on currency conversion fees. |
Stripe | Stripe is a payment processing platform that enables online creators to accept payments via credit card, debit card, and mobile wallets. Creators can use Stripe to sell products, accept donations, and charge subscriptions. Stripe charges a transaction fee of 2.9% + 30 cents per transaction. |
PayPal | PayPal is a popular payment solution that allows users to send and receive payments online. Creators can use PayPal to accept payments from their audience, sell digital products or services, and receive donations. PayPal charges a transaction fee based on the payment amount. |