5 Best Paddle Alternatives in 2024
In evaluating Paddle alternatives, it is important to remember the fact that Paddle is a merchant of record (MoR). The company is responsible for transactions on behalf of sellers of digital items, offering the infrastructure for global payment transactions online while also taking on responsibility in tax collection and payment, prevention of fraud, and various other aspects of the process of checkout.
Paddle is a viable solution but by no means is Paddle a universal and one-size-fits-all solution. Based on the needs of your business the sellers could face several problems with the Paddle platform.
- Paddle isn't able to accept the same variety of payment methods as others MoR partners.
- The subscription management system doesn't allow multi-product transactions.
- Other MoRs boast higher conversion and acceptance rates.
- Paddle has less expertise in comparison to the other MoR partners.
In this post, we discuss five companies that act as a whole or part as alternative to Paddle which could assist you in avoiding the limitations mentioned above, starting with a look at our solution, .
Competitors on the Paddle list:
The Advantages of Paddle vs.
The main benefit to partnering with a retailer of record is the infrastructure. MoRs offer complete payment solutions that enable you to outsource all checkout processes, as well as liability for sales tax and VAT payment, fraud prevention as well as tax compliance.
So, once you've adopted, you're eligible to start selling -- across more than 200 countries that support more than 21 languages, and 23+ currencies -- in a matter of minutes.
provides a stronger, fully-featured platform that can be used for a wider range of applications.
Paddle also has an MoR, but its functionality isn't as strong and neither is it as effective as . Our eCommerce solution was designed to provide all the necessary features which means you're able to concentrate on creating a top-quality product. We've included a greater, more robust set of features as compared to Paddle.
- It supports more than 20 payment options includes other payment options PayPal doesn't support like checks, pix, and wire transfers in transactions less than US$100.
- also powers multi-product transaction also, which allows you to provide customers with bundles of products as well as upsells and multi-product coupons.
provides industry-leading approval and conversion rates.
The platform handles transactions locally, includes best-in-class smart payment routing. It also provides quick and automated failure-over process to limit the risk of involuntary the churn. Additionally, thanks to our JavaScript library, and three distinct checkout experience options, you're able to swiftly and effortlessly create the most efficient checkout process to suit your needs.
is a more seasoned expert partner for your SaaS company.
We've been working in this area since 2005 and we've seen the growth of subscription businesses firsthand. Our team is well-versed in the intricacies of billing for subscriptions as well as selling. And we're deeply committed to helping our clients grow.
It could be offering support for customers to help to migrate from another payment processor, or even a an recurring billing service, enhancing your checkout process to boost sales, or working with you to expand into new markets, we're your partner in growth.
4 Additional Paddle Alternatives
Stripe
- Checkout.
- Digital invoices.
- Payment collection and subscriptions.
- In-person payments.
- Revenue metrics and analytics.
- Management of risk and fraud.
One of the most important differences to take note of is as Stripe isn't an MoR, its pricing looks quite a bit lower at first with, but considering all the additional features needed to make it function just like an MoR and to make it a MoR, the cost will go up rapidly.
It can also be used for selling physical goods, both online and in person and in person, with Stripe Terminal serving as a point of Sale (PoS) solution as well.
2Checkout (now Verifone)
Verifone (formerly 2Checkout) provides a variety of different products and services:
- The main 2Sell product acts as the payment gateway which allows sellers to accept online and mobile transactions.
- 2Subscribe is a management platform that provides services like regular billing, churn-prevention and more.
- 2Monetize is the closest product to Paddle. Its package Verifone acts as the MoR, and sellers get features to help with conversion rate optimization (CRO), VAT and sales tax collecting and remittance as well as protection against fraud.
Braintree by PayPal
Braintree is a product of PayPal is a payment processor which allows customers to accept payments online via credit, debit, Venmo (in the U.S.), online payment wallets (Apple Pay, and Google Pay), and obviously -the infamous PayPal. Braintree additionally offers merchant accounts and also:
- Recurring billing.
- Checkout flow has been optimized.
- Risk mitigation.
- Reporting and pricing analytics.
- Integrations from third-party companies for ongoing invoice software, accounting software and much more.
Maxio (Formerly Chargify and SaaSOptics)
Maxio is neither an MoR nor the payment gateway. Instead, the company declares itself to be accounting and financial operations for B2B SaaS, and the featureset is much focussed on the back-end of operations.
The core Maxio product lets users automate recurring bill payment. Other functions include:
- A/R management.
- Advanced revenue management.
- Expense amortization.
- Integrations from third-party companies for payment processing and accounting. CRM, payment processing and many more.
Important note: With Maxio, you'll need to use another, separate system to handle taxes and compliance.
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