Stripe is one of the popular platforms for receiving online payments, and millions of small businesses use the payment platform. When it comes to getting online payments for your business, Stripe offers a great payment provider app, but it does fall short in some areas.
Stripe is limited to about 39 countries and is limited when considering customization. But don’t worry, here are our top picks for Stripe alternatives that work in the US, UK, Europe, Australia, and other parts of the world.
Best Stripe alternatives you can try
What are the best online payment platforms? I’ve listed 15 of the best Stripe alternatives you can use to receive online payments for your website that have more features, fewer fees, and global reach.
A collection of the best online payment platforms
PayPal
Best Online Payment Platform Recommendation: PayPal is one of the best alternatives to Stripe that accepts payments worldwide. Arguably the most popular service on this list, PayPal is reliable and available in almost every country, increasing global visibility. For e-commerce and B2B companies, you can use PayPal to receive data-driven insights about your customers to deliver more personalized services and optimized ads on your website. PayPal is highly customizable for both buyers and sellers, easy to use, and its resolution center can resolve even unusual disputes. The pricing is 2.9% plus a $0.3 transaction fee.
Merit:
- Strengthen consumer relationships.
- Use your global network to engage with new customers.
- Several utilities to handle mundane but vital tasks.
- Instant transfers.
Shortcoming:
- Seller protection is very limited.
- Customer service is inconsistent regarding phone service.
Square
Which Best Online Payment Platform is Best? Stripe’s earliest competitor, Square, is a versatile app for small and medium-sized businesses. In terms of functionality, it’s similar to Stripe, but its in-person POS payment service ends up being more refined than Stripe. Fraud detection tools work well, and Square works in tandem with a growing number of third-party apps. Square can even help users find the best solution to help companies grow, with its free website builder that can create a professional website in minutes. The processing price is 2.9% + $0.3.
Merit:
- Customer data, sales, inventory, and more are all synchronized.
- Great for in-person and contactless payments.
- Square’s sales service team offers support and assistance.
- Instant payouts and fast ACH transfers.
Shortcoming:
- Only mobile wallet and credit card transactions are processed.
- With the exception of the United States, the United Kingdom, and Australia, there is little global influence.
Amazon Pay
What are the best Stripe alternatives? Amazon’s global reach is not comparable to that of most of the services on this list. Amazon Payments is great for global businesses, and its localization features even allow users to set up payments in regional currencies. Amazon Pay’s enhanced security management features ensure a secure checkout experience. The service is developer-friendly, so it can be added to a website seamlessly. Amazon Pay uses AI to detect fraudulent activity, and the app is optimized for mobile devices. Pricing is 1.95% + applicable taxes.
Merit:
- Global Communication.
- State-of-the-art fraud detection.
- Accessibility of a wide range of developer tools.
- Convenient subscription management.
Shortcoming:
- Multiple payment methods are not supported.
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Authorize
What are the best online payment platforms? Authorize’s services have been in use for 2 years and they just simplify the transaction process. With Authorize, creating a “Buy Now” payment button has never been easier—all you have to do is customize, copy the HTML and paste it on your website. Integrating solutions isn’t complicated, and Authorize has a variety of resources to help developers choose the right option for their business. The service is more than enough for professionals on a tight budget. Pricing is $0.10 per transaction, billed at $25 per month.
Merit:
- Risk detection tools and Authorize protect customer data.
- Automate billing for recurring consumers.
- Support for virtual points of sale at no additional cost.
Shortcoming:
- There is no global rollout and is only available in the United States, Canada, and Australia.
- No transactions with merchant accounts.
Ayden
Best Online Payment Platform Recommendation: For small and medium-sized businesses, Ayden is another great option because of its extremely low processing rate compared to Stripe. The maximum processing fee for American Express is %3.95 + $0.12, but the processing fee for Mastercard and Visa is 0.6% + $0.12. To better regulate your online account, Ayden offers a merchant account, and while it’s recommended for small businesses, it’s used by online entities like Spotify and eBay. The RevenueAccelerate tool allows users to get the most out of a single transaction, and the feature can work in a number of ways, one of which is that the tool uses only the best processing route to ensure that it gives you a higher conversion rate at a lower cost.
Merit:
- International and best suited for African and Asian countries.
- Easily integrate solutions and fraud mitigation technologies.
Shortcoming:
- The layout needs some renovation.
Braintree
Collection of Best Online Payment Platforms: Braintree, one of the more advanced fintech apps, is a fork of PayPal that allows users to increase efficiency and streamline workflows. Its association with PayPal means it can reach more customers. It’s very effective at driving conversions and can reliably increase revenue streams for partners across the globe, which is especially important for any payment portal. Braintree’s credit card processing rates are also quite low, and it provides analytical acumen that helps in running a more successful business. The pricing is 2.9% and the processing fee is $0.3.
Merit:
- Excellent customer service.
- Seamless integration with the BigCommerce platform.
- The portal is neat and pleasing to the eye.
- For the service’s users, sophisticated cyber protection tools have reduced fraud losses by 60%.
Shortcoming:
- Since it’s developer-centric, unfamiliar users may experience some difficulties in setting up the service.
- American Express is not supported.
WorldPay
Which Best Online Payment Platform is Best? WorldPay, the UK’s largest payment provider, is used by around 250,000 small and medium-sized businesses. They have 25 years of payment processing expertise and have implemented hassle-free data compliance, ensuring that sensitive card details are stored securely on servers. The WorldPay checkout template is customizable, it supports a wide range of payment methods, and transactions can be made in 120 different currencies. Payments are fast, and its power system can process millions of simultaneous transactions in a second. Pricing is 2.75% + 20p.
Merit:
- Simple subscription management.
- Best for UK businesses.
- Support for recurring billing and point-of-sale.
Shortcoming:
- Unsupported chargebacks.
Razorpay
What are the best Stripe alternatives? Razorpay is ideal for any Indian looking to build a global e-commerce platform. Flash Checkout supports recurring billing, facilitates better conversions, and reduces code for easy integration. Razorpay can be used with a well-documented SDK, API, and any major plugin. Users have access to real-time statistics and insights, which can provide them with information that will help their company grow. All the most important international cards are supported, and Razorpay supports 92 currencies. Pricing is 2% for Indian cards, wallets, or UPI, and 3% for international cards.
Merit:
- Unique and intuitive interface.
- Available in the UK, US, France, Australia, South Asia and UAE.
- Simple integration.
- Run offers and loyalty programs with the click of a button.
Shortcoming:
- TDR payment gate rates are slightly higher than other providers.
Dwolla
Dwolla is the cheapest Stripe alternative in the US. The service works with all U.S. banks and unions, and users can design a trading experience that works for them. Dwolla uses tokenization to transfer sensitive customer data and expedite payments by implementing same-day ACH timing. There are several tools that users can use for free, and Dwolla supports digital wallet operations. It’s developer-friendly, makes it easy to add integrations, and maintains a cohesive brand experience. Pricing is 0.5% + $0.5 with no hidden costs.
Merit:
- There are no additional monthly fees.
- Customized notifications for customers.
- Chat support and fraud prevention.
- Excellent documentation and support for two-way wire transfers.
Shortcoming:
- There is no global promotion.
- You can’t add a credit card as a backup funding source.
Cardinity
For European businesses, Cardinity is the perfect choice. It shares several features with Stripe, such as its unified functionality, inclusive payment solutions, and it also offers merchant accounts for greater control over online accounts. Unlike Stripe, it’s cheaper and doesn’t require a monthly or yearly maintenance fee. Cardinity gives you free access to developer tools with security features that meet the highest cybersecurity standards. The service provider accepts all major currencies and does not require payments to be made through any third party. Priced at 1.35% + €0.25.
Merit:
- Significant global spread.
- Fraud detection utilities and adequate subscription management.
- Support recurring billing and easy integration.
Shortcoming:
- Subpar customer service.
Melio
Best Online Payment Platform Recommendation: Melio is another popular online payment receiving app that helps businesses pay bills to contractors, vendors, vendors, and more. Whether it’s a recurring payment or a first-time payment, Melio reduces the entire process to a few clicks. Transactions made through Melio are fast, and most payments will be reflected in your account within 1-3 days. The app sends notifications to ensure that users are on top of their bookings and processing payments. Melio integrates a solution that simplifies accounting, and users can pay any invoice for free if they choose to use a bank transfer. The credit card is priced at 2.9%.
Merit:
- Pay with a bank transfer or credit card, and the recipient gets paid their way.
- Enhance record keeping by adding bills paid from the platform and placing them next to regular Melio bills.
- Intuitive interface
Shortcoming:
- Available in the United States only.
- Only credit cards and bank transfers are accepted as payment methods.
Chargebee
Best Online Payment Platform Collection: As a cloud-based payment provider, Chargebee has consolidated more than 30 payment services like Stripe, PayPal, Braintree, and more into one destination. The API is user-friendly, even novice users can use their website to set it up, and there is a chance that problems will be solved through integrations. Chargebee’s features include automated billing and invoicing, subscription management, and recurring payments. There’s no need for any middleman to derive payment trends and build your own reports. The financial analysis feature can be organized with any number of metrics to prevent revenue leakage, and the customer service team can help first-time entrepreneurs make the right decisions. Pricing varies depending on the plan.
Merit:
- It is very secure and the data is safe from fraudsters.
- Customizable templates.
- Multi-language and multi-currency support.
Shortcoming:
- The interface is not optimized for mobile devices.
- The layout is not very intuitive.
Transferwise
Which Best Online Payment Platform is Best? Transferwise is a global payment provider with attractive interest rates in the mid-market range, which is reasonable for both consumers and sellers. Full financial transparency is a mission that Transferwise undertakes, and the service is upfront with no hidden payments. Whether it’s an instance of bankruptcy or fraudulent activity, the customer’s information will always be protected. Transferwise security has been verified by the responsible authorities in every country it serves, and the application is very fast. Pricing is 0.37% + £0.26.
Merit:
- Suitable for international businesses with multi-currency accounts.
- Very safe.
Shortcoming:
- Integrations are not supported.
Checkout
What are the best online payment platforms? Checkout comes with a plethora of features and offers full localization customizability. It is used by brands like Adidas, Samsung, Zomato, and others. World-class machine learning and sophisticated artificial intelligence mitigate fraudulent activity and protect against malicious actors, not to mention, the technology responds in real-time. Checkout supports popular payment methods, and the service handles PCI compliance so that you can customize the embedded payment portal. Prices are available through contact.
Merit:
- There are no account maintenance or surprise fees.
- The support team provides valuable integration advice.
- Global rollout.
Shortcoming:
- Mobile optimization can use fine-tuning.
BlueSnap
Best Online Payment Platform Recommendation: BlueSnap shares many of the usual tools with Stripe because it’s an all-inclusive payment provider. It makes payments through a portal that optimizes costs and authorization. BlueSnap works with a number of different business integrations and software that you may already use. There are mechanisms in place to manage the hassle of tax compliance and fraud detection, and the service is very easy to use. Pricing caters to businesses.
Merit:
- Great for B2B, B2C, and SaaS businesses.
- Support for recurring payments.
Shortcoming:
- Reports can sometimes be overly complex.
frequently asked questions
What are the best Stripe alternatives? Who are Stripe’s top competitors?
There are few leading Stripe competitors like PayPal, Braintree, Authorize.
Who are Stipe’s competitors in the UK, US, Europe?
Cardinity is the largest Stripe competitor in European countries, while PayPal and Square are Stripe’s main competitors in the United States, Australia, and the United Kingdom.
Which is cheaper than Stripe?
Dwolla and Cardinity are cheaper than Stripe.
