Terms
Here at , we use Stripe for processing the financial transactions involved in the business of your members. Stripe is an payment processing service that allows businesses with any size to take payment online (and in person). It's one of the most well-known payments processors worldwide However, there are a number of competing companies that offer similar services.
The best choice for your company's payment processor depends on a range of factors, such as your type of business operate in, the locations which you do business in, the payment options you need to accept as well as the pricing and features offered by each platform.
Let's have a take a look at a few Stripe competitors to find out what's most pertinent to you and your company!
Which one of the payment processors is right for you?
In this article, we'll take a deeper look at each individual competitor below, but first let's examine Stripe competitors in a quick glance with respect to the size and type of business:
SMEs
If you're a small or medium business it is possible to look into one of the payment processors such as Stripe, Square, or Authorize.net. These payment processors offer many attributes that work well for smaller businesses like cost-effective pricing, simple set up and friendly interfaces for users.
Enterprise
If you're a big company, it might be worthwhile to think about using a payment processor like Adyen, Worldpay, or Braintree. They offer a wider range of features and support for more ways to pay than processors specifically designed for smaller companies.
Global business
If you are required to accept payments from international customers, you may want to think about using a payment processor like 2Checkout, Mollie, or Payoneer. These processors are specialized in a variety of features for managing international payments like exchange rates and fraud protection.
Competition to Stripe
Below are a selection of popular Stripe competitors, however please keep in mind you may find something that is more pertinent to you and the work you do. In order to ensure you've got the most effective payment solution for your business, it's helpful to ask friends and colleagues for feedback and to look up reviews written by other businesses.
PayPal
PayPal is an online payment processor offering many features which include the capacity to accept payments from large debit and credit card companies in addition to PayPal accounts.
PayPal provides a variety of business-friendly features, such as invoicing and the ability to bill recurringly.
Adyen
Adyen is a worldwide payment processor that offers many payment methods, including credit and debit cards, e-wallets, and bank transfers.
Adyen is particularly well-suited for corporations and big businesses, since it has a wide range of features for managing global payment transactions.
Square
Square is a processor for payments for small businesses developed through Block, Inc (which was also created by Twitter founder Jack Dorsey).
It offers a variety of features, including an online point-of-sale program, payment processing, and the management of inventory. Square is well-known for its reasonable cost.
Authorize.net
Authorize.net is yet another well-known payment processor that is ideal for small-sized businesses. It has a wide range of features, including online payment processing, recurring billing, and fraud protection.
Authorize.net also offers a variety of pricing plans that meet business needs.
Braintree
Braintree is a payment processor that is operated by PayPal. It has a wide range of features, including payments made online in addition to mobile payments and fraud protection. MAO99WdaAxDCHNdPXbKW Braintree is ideally suited to companies that require payments across multiple channels including mobile, online or in-person.
GoCardless
GoCardless is an British payment processor that is specialized in direct debit payments as well as open banking.
It is a good option for businesses that need to receive regular payments from their customers, such as for membership businesses.
Mollie
Mollie is an Amsterdam-based payment processor that is well-suited for organizations that have to take payments by European customers. It offers a wide range of payment options, such as debit and credit cards, electronic wallets, as well as bank transfer.
Mollie provides a range of options for handling European transactions, like SEPA direct debit and IDEAL.
Worldpay
Worldpay is a worldwide payment processor that offers an array of options for payment, such as debit and credit cards, electronic wallets, and bank transfer.
Worldpay is particularly well-suited for huge enterprises and businesses, as it offers a variety of tools for managing global payment transactions.
Payoneer
Payoneer is a processor for payments which specializes in international transactions. It is a good alternative for companies that have to pay contractors and freelancers across the globe. The
Payoneer provides a range of other features that include mass payouts and currency conversion.
Final conclusion: Stripe's competitors
Stripe is an internationally renowned payment processor, but it is crucial to compare the various payment processors available to you before choosing which to use. Consider the features and pricing offered by each Stripe competitor provides in addition to the payment methods that are required to use. Also, you should read the reviews of different payment processors and get reviews from businesses that have used them.
Some of the main competitors for Stripe are Adyen, Worldpay, Braintree, and 2Checkout. They offer number of benefits, including more payment options, lower fees, and many more options. But, they do come with some drawbacks like a smaller international reach, a more difficult configuration, and not as much assistance.
The most suitable company to use for payment depends on a range of variables, including the type of business you have, the countries that you do business in, as well as the payment methods you need to accept. This is a great guide! information useful!