ProfitWell
UnclaimedAutomate payments, tax, and compliance to accelerate your SaaS and app growth.
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TL;DR - ProfitWell
- All-in-one platform for subscription billing, payments, and global tax compliance.
- Acts as a Merchant of Record, handling fraud liability and revenue reconciliation.
- Includes tools for revenue recovery and free subscription analytics.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Simplifies global expansion by handling international payments and tax compliance.
- Reduces operational overhead by acting as a Merchant of Record.
- Increases revenue by optimizing payment acceptance and recovering failed payments.
- Provides comprehensive analytics for subscription businesses at no additional cost.
- Offers robust fraud protection and chargeback management.
Cons
- Pricing model is transaction-based, which might be less predictable for some businesses.
- Custom pricing is required for products under $10 or those needing invoicing, indicating potential limitations for very low-cost items.
- While comprehensive, it's a single vendor solution, which might lead to vendor lock-in for some businesses.
Key Features
Subscription Management with Customer PortalGlobal Payment Processing (20+ currencies, multiple methods)Localized Checkout with Branding OptionsAutomated Sales Tax and VAT Compliance (100+ jurisdictions)Fraud Protection and Chargeback PreventionAutomatic Failed Payment Recovery (Dunning)Free Subscription Analytics and Revenue Reporting (ProfitWell Metrics)Developer-friendly APIs, SDKs, and Documentation
Pricing Plans
Pay-as-you-go
$5
- Global payments and billing seamlessly unified in one platform
- Cross-border sales tax compliance
- Protection against fraud and chargebacks
- No migration fees, monthly fees, or hidden extras
Custom pricing
Contact Sales
- Tailored pricing for rapidly scaling and established large-scale businesses
- Custom pricing to fit your business model and products
- Get access to optional premium services and success management
- Custom migration services and implementation support
About ProfitWell
By Toolradar Team·
ProfitWell, now part of Paddle, provides a comprehensive platform for subscription billing, payment processing, tax compliance, and revenue recovery for SaaS and app businesses. It acts as a Merchant of Record, handling all the complexities of global payments, sales tax, VAT, and fraud protection, allowing businesses to focus on their core product and growth initiatives. The platform includes a complete billing solution with smart payment routing, localized checkouts, and flexible subscription management, alongside tools for recovering failed payments and detailed revenue reporting.
This all-in-one solution is designed for software companies looking to scale globally without the administrative burden of managing diverse payment methods, international tax regulations, and fraud liabilities. It supports various product types including SaaS subscriptions, downloadable software, digital products, mobile apps, and gaming solutions. By consolidating billing, tax, and churn prevention into a single system, ProfitWell by Paddle aims to reduce operational costs and complexity while boosting conversion rates and customer retention.
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ProfitWell FAQ
How does ProfitWell by Paddle handle sales tax and VAT compliance across different countries?
As a Merchant of Record, ProfitWell by Paddle assumes full responsibility for calculating, collecting, and remitting sales taxes and VAT in over 100 jurisdictions globally. This includes managing all local regulations and compliance requirements, ensuring businesses remain compliant without needing to navigate complex international tax laws themselves.
What specific features are included in the free ProfitWell Metrics offering?
ProfitWell Metrics provides accurate and accessible revenue reporting specifically for subscription and SaaS companies. It offers insights into key metrics such as MRR, churn, LTV, and other essential analytics to help businesses understand their financial performance without any additional cost.
Can ProfitWell by Paddle help recover revenue from failed subscription payments?
Yes, the Retain feature automatically recovers failed card payments through advanced dunning software. It is designed to increase customer retention by proactively addressing payment failures, reducing involuntary churn without requiring manual intervention from the business.
How does the platform ensure high conversion rates for global customers?
ProfitWell by Paddle supports over 20 currencies and multiple local payment methods. Its localized checkout automatically adjusts to the customer's language and currency, improving the customer experience and reducing payment friction, which in turn boosts conversion rates.
What kind of support does ProfitWell by Paddle offer for migrating existing subscribers?
ProfitWell by Paddle provides dedicated teams to assist with migrating existing subscribers to their platform. This service is designed to minimize the risk of churn during the transition, ensuring a smooth and seamless transfer of customer data and billing information.
Source: profitwell.com