The No code apps and solutions are taking the ground in the 3rd decade of the 21st century. Back then, PayPal looks a great solution, and we thought there would be no better solution than PayPal because it was everything any person needed unless Stripe came into play.
Stripe target very different demography, there are some potential Stripe alternatives, but I believe Stripe is changing the way creators make money. Stripe is free and accessible to most developed countries. They make money by charging a small fee for your transactions.
Whenever some companies contact me regarding promoting their products on my blog, It is easier to send them a Stripe payment link that looks very professional, and it takes less than a minute for the client to pay me. With the new update, it takes less than three days to get a payout.
From Ecommerce to content creators to almost any business that works online, Stripe is revolutionizing.
Some examples that Stripe contribute to the Creator economy:
Stripe is more developer-friendly and provides solutions to a wide range of businesses. They want to increase the GDP of the Internet by offering solutions to businesses of every size and scope.
Substack, Ghost, and other newsletter-creating platforms use Stripe to let its creators make money selling subscriptions to their readers. Creators make thousands of dollars starting a subscription-based newsletter. Substack, which takes 10% of the earning, is in business because it charges a fixed fee for every transaction between a reader.
Tim Denning has a great article explaining how you can make a lot of money on Substack. Of course, there are pros and cons of every platform, but if you don’t want to invest money now and showcase your writing, it is high time to start a newsletter.
Stripe manages everything for you and for Substack (the company) to enable them to receive 10%, make sure your subscribers are charged on time at the end of the 30 days deadline…