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Ask HN: What's the best way to pay your customers?

1 pointsby radmuzomalmost 4 years ago
I am currently working on a website where there will be a monthly competition and the winners will need to be paid. I am open to considering both cash payments as well as cryptocurrency. My customers may be based all over the world. A simple Google search did not turn up much useful information in the first 5 pages of search results.<p>Can the community recommend any service I can use to do this? Ideally the service would also take care of any tax implications if required by law.

1 comment

salawatalmost 4 years ago
Welcome to back office hell.<p>As far as I&#x27;m aware, the only systems that actually handle things like that are ERP&#x27;s, and HR systems. Those mostly tend to be hand rolled from my experience, and the ERP out of the box stuff tends to have so much baggage it&#x27;s considered common wisdom to change your business to fit their program than for them to change their program to accommodate you.<p>The issue you&#x27;re trying to deal with is the hardest business problem to solve. &quot;How do I pay X, and what subtransactions am I on the hook for in order to do so?&quot;<p>Often, the answer is liberal application of accountant&#x2F;software in some proportion. You can make your life easier by constraining your jurisdictions of business to the ones you know how to handle at the trade off of missing out on some early growth hacking, but in my estimation, better to grow off a stable foundation than a shaky one and be constantly writing checks that the first audit could result in the entire house of cards falling over.