What does paddle software do?
Paddle is a financial compliance software that automates tax, billing, and reporting processes for businesses. It best serves SaaS companies and digital product creators, like software developers and online educators, who need efficient financial operations. When you buy a product or a subscription developed by one of the software companies that sell using our platform, Paddle is the company you are purchasing from and is responsible for charging you for the product you’ve bought. However, the developer licenses the product itself and will continue to support it.Paddle safety for consumers It’s understandable to be concerned if you see a retailer on your bank or credit card statement that you don’t recognise, but rest assured that Paddle is a legitimate company. We follow strict security rules like GDPR and PCI compliance to protect your personal and payment information.Some of the companies that use Paddle include BandLab Technologies, Data-Core Systems Inc. Ethics Infotech, eyeo GmbH, HubX, Leonardo, Mozilla, Newegg, NSW Government, Primer, and many more.Paddle is one of the most complete-solution payment gateways that manages payments, subscriptions, and even taxes for your online business. Paddle simplifies the complexities of online transactions and is supported in almost every part of the world.Paddle is a payment infrastructure that works on the MoR (Merchant of Record) model. It’s for freelancers/companies developing SaaS software, and freelancers selling digital products.