Products are always associated with a store. Think of them as items on the shelves of your digital shop. Each product can be one of several types, each serving a different purpose. Let’s break them down:
Product TypeAvailabilityDescriptionExample Use Case
One TimeGeneral AvailabilitySingle purchase itemsLifetime access to a software
ServiceGeneral AvailabilitySellable servicesConsulting or design work
DownloadsBetaDownloadable filesScreen recording software
Serial KeysGeneral AvailabilityUnique access codesDiscord bot access key
LicensePlanned (Q1 2025)Software licensesApp licenses managed via API
SubscriptionsPlanned (Q4 2024)Recurring paymentsMonthly access to a service
PhysicalPlanned (Q4 2056)Tangible productsT-shirts or merchandise (US only)

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Details

  1. One Time: Perfect for products that customers buy once and own forever. Great for digital goods or lifetime access to services.
  2. Service: Ideal for businesses offering services like consulting, design work, or any task-based offerings.
  3. Downloads: Use this for selling digital files that customers can download after purchase. Good for software, e-books, or digital art.
  4. Serial Keys: Useful for providing unique access codes to your digital products or services.
  5. Subscriptions: (Coming soon) Will allow you to set up recurring payments on various schedules (monthly, weekly, yearly).
  6. Physical: (Future feature) Will be used for tangible products. Note: This will be limited to legal products in the US only.
  7. License: Specifically for software licenses. These are managed by Pandabase, and you can use their API to check license status.

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Pricing Options

Pandabase offers flexible pricing options to help you sell your products globally.
  • Settlement Currency: Pandabase settles all transactions in USD, regardless of the currency used by the customer.
  • Supported Currencies: You can currently price and sell your products in:
    • USD (United States Dollar)
    • EUR (Euro)
    • GBP (British Pound Sterling)

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Regional Pricing (Coming Soon)

We’re excited to announce that regional pricing will be available in the near future (planned for Q2 2025). This feature will allow you to set different prices for different regions, making your products more accessible to a global audience. This will be an optional feature and it’s togglable. Once implemented, you’ll be able to set prices for specific regions. For example:
  • A customer in the US might see a price of $5.00 USD
  • A customer in Germany might see a price of €3.00 EUR
  • A customer in Bangladesh might see a price of ৳100.00 BDT
This feature will help you optimize your pricing strategy for different markets and potentially increase your global sales.