Terms
Here at , we use Stripe for processing the financial transactions involved in your membership businesses. Stripe is a worldwide online payment processing platform which allows companies that are of any size to accept payments online (and in-person). It's among the most well-known payment processors in the world However, there are a number of other competitors that offer similar offerings.
The ideal choice for your company's payment processor is based on a variety of variables, like the type of business you operate in, the locations you operate in, the payment options that you must accept, and the features and pricing provided by the various platforms.
Let's take a take a look at a few Stripe rivals to determine what is the most appropriate for both your business and yourself!
Which one of the payment processors is right for you?
In this article, we'll take a deeper look at each individual competitor below however, let's first look at Stripe competitors in the context of your type and size of business:
SMEs
If you're running an enterprise of a medium or small size then you might want to think about using a payment processor such as Stripe, Square, or Authorize.net. They offer a variety of options that can be suited to small businesses, such as low prices, simple setup as well as easy-to-use interfaces.
Enterprise
If you are a large enterprise, you might want to look into an online payment service like Adyen, Worldpay, or Braintree. These processors provide more features as well as support for a variety of ways to pay than processors for small enterprises.
Global business
If you are required to accept payment from customers outside of the United States it is possible to consider using one of the payment processors such as 2Checkout, Mollie, or Payoneer. These payment processors specialize in various options for handling international payments, such as exchange rates and fraud protection.
Competitors who use Stripe
Below are a few popular Stripe competitors, however please keep in mind it is possible that there's something else pertinent to you and your work. In order to ensure you've got the best payment service to run your business It is helpful to inquire of your colleagues and friends for their feedback or read customer reviews from other businesses.
PayPal
PayPal is a popular online payment processor offering many features that include the capability to accept payments made by the most popular debit and credit cards in addition to PayPal accounts. The
PayPal also offers a number of business-friendly features including invoicing and the ability to bill recurringly.
Adyen
Adyen is a world-wide payment processor, offering a wide range of payment methods, including debit and credit cards, electronic wallets, and bank transfers.
Adyen is particularly well-suited for corporations and big businesses, because it provides a range of features for managing global payment transactions.
Square
Square is a credit card processor for small businesses developed by Block, Inc (which was developed by Twitter its founder Jack Dorsey).
It offers a variety of features, including a point-of-sale system, online payment processing, and inventory management. Square is well-known for its reasonable pricing.
Authorize.net
Authorize.net is a popular payment processor for small businesses. It offers a variety of services, like online payment processing, recurring billing, and security against fraud.
Authorize.net provides a range of pricing plans to fit business needs.
Braintree
Braintree is a payment processor that is operated by PayPal. It provides a range of services, including payments made online in addition to mobile payments and security against fraud. MAO99WdaAxDCHNdPXbKW Braintree is ideally suited to companies that require payment from a variety of channels like mobile, online as well as in-person.
GoCardless
GoCardless is an British payment processor that specializes in direct debit transactions and open banking. IdigfCGAAhf74sBGltSf can be a great option for businesses that need to take recurring payments from customers, such as for membership businesses.
Mollie
Mollie is an Amsterdam-based payment processor which is ideal for companies that must accept payments made by European customers. Mollie offers a variety of payment methods including debit and credit cards, e-wallets, as well as bank transfer.
Mollie provides a range of options for handling European payment methods, including SEPA direct debit as well as IDEAL.
Worldpay
Worldpay is a world-wide payment processor offering many payment methods, including credit and debit cards, e-wallets as well as bank transfers.
Worldpay is specifically suited for huge enterprises and businesses, because it provides a range of features for managing global payments.
Payoneer
Payoneer is a processor for payments which specializes in international transactions. This is an excellent option for businesses that need to pay freelancers and contractors across the globe. The
Payoneer is also able to provide a number of additional features that include mass payouts and currency conversion.
Final conclusion: Stripe's competitors
Stripe is a globally popular payment processor, but it's important to evaluate several payment processors at your disposal before deciding the one you want to choose. Take into consideration the pricing and features of each Stripe competitor offers and the payment methods that are required to use. Also, you should read the reviews on different payment processors and get reviews from businesses that have used them.
The main rivals that are a major threat to Stripe include Adyen, Worldpay, Braintree, and 2Checkout. These payment processors offer a range of benefits such as more payment methods, lower fees, and additional features. However, they come with some drawbacks like a smaller coverage across the globe, a more complicated installation, and little support.
The ideal choice for your company's payment processing will depend on a number of factors, such as the kind of business you are operating, the country you operate in, and the payment options you have to accept. We hope that you find this information useful!