Selling Online Courses Without Platform Lockout: The Crypto Fix That Ultimately Fails
A small team of software developers faced challenges in selling online courses due to restrictions on popular payment platforms. They initially attempted to use third-party payment gateways but encountered significant technical issues. Ultimately, they turned to cryptocurrency for payments, which led to increased sales but also new problems, including high abandoned checkouts and a steep learning curve for customers.
- ▪The team was unable to receive payments through popular platforms like PayPal and Stripe due to local restrictions.
- ▪Attempts to use third-party payment gateways resulted in technical debt and frequent lockouts.
- ▪Switching to cryptocurrency initially increased sales but led to high abandonment rates during checkout.
DEV.to (Top) files mainly under programming. We currently carry 4,877 of its stories.
Opening excerpt (first ~120 words) tap to expand
try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3942413) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Alice Nkosi Posted on May 22 Selling Online Courses Without Platform Lockout: The Crypto Fix That Ultimately Fails #community #webdev #programming #opensource The problem we were actually solving, We're a small team of software developers in a country where popular online platforms like PayPal, Stripe, Gumroad, and Payhip are blocked.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at DEV.to (Top).
Discussion
0 commentsMore from DEV.to (Top)
