Stripe is among the popular platform to receive an online payment that is used by millions of small-scale businesses. When it comes to getting an online payment for your business then Stripe offers a brilliant payment provider application, but it does fall short in some areas.
Stripe is restricted to about 39 countries and is limited when considering customization. But fret not, here are our best picks for Stripe alternatives that work in US, UK, Europe, Australia, and other parts of the world.
Best Stripe Alternatives you can try in 2021
I have listed the 15 best Stripe alternatives that you can use to receive an online payment for your website that has more features, less fees, and has worldwide reach.
Quick Overivew
Paypal
Paypal is among the best alternatives to Stripe that accept payment globally. Arguably the most popular service on this list, PayPal is dependable and is available in almost every country, enhancing global visibility. For e-commerce and B2B companies, you can use PayPal to receive data-driven insights about customers for more personalized servicing and optimized advertising on your site. PayPal is highly customizable for both the seller and the buyer, it’s easy to use and its resolution center can even settle the unusual dispute. Pricing is 2.9% with an additional $0.3 transactional fee.
Pros:
- Strengthens consumer relationships.
- Uses worldwide networking to interact with new customers.
- Several utilities to handle mundane but crucial tasks.
- Instantaneous transferal of money.
Cons:
- Seller protection is very limited.
- Customer service regarding the phone service is inconsistent.
Square
Stripe’s earliest competitor, Square is a versatile application for small to medium-sized businesses. In terms of functionality, it is similar to Stripe, but its in-person POS payment services are ultimately way more polished than Stripe. The fraud detection tools work perfectly and Square works in unison with a growing number of third-party applications. Square even helps users find the best solutions to help their company grow and its free website builder can create a professional website in minutes. Pricing is 2.9%+ $0.3 for processing.
Pros:
- Customer data, sales, inventory, etc. are all synchronized.
- Great for in-person and contactless payments.
- Square’s sales service team provides support and assistance.
- Instant payment and speedy ACH transfer.
Cons:
- Only processes mobile wallet and credit card transactions.
- Not much of a global reach, aside from the USA, UK, and Australia.
Amazon Payments
The worldwide outreach of Amazon is incomparable to the outreach of most services on this list. Amazon Payments is perfect for a globalized business and its localization features even let users set up payment in the regional currency. Amazon Pay’s enhanced security management features make sure for a safe checkout experience. The service is developer-friendly so that it can be added seamlessly to a website. Amazon Pay uses AI to detect fraudulent activity and the application is mobile optimized. Pricing is 1.95%+ relevant taxes.
Pros:
- Global spread.
- State-of-the-art fraud detection.
- Accessibility to extensive developer tools.
- Facilitates easy subscription management.
Cons:
- Does not support varied modes of payment.
Authorize
Authorize’s services have been in use for 2 decades and they’ve merely simplified the transactional process. With Authorize, creating a BUY NOW payment button has never been easier and all you need to do is customize, copy the HTML and paste it onto your website. Integrating solutions is uncomplicated and Authorize has several resources that can help developers choose the right choices for their business. The service is adequate for professionals on tight budgets. Pricing is $0.10 per transaction with a monthly charge of $25.
Pros:
- Risk detection tools and Authorize protect customer data.
- Billing is automated for recurring consumers.
- Supports Virtual Point of Sales at no additional cost.
Cons:
- Does not have a worldwide outreach and is only available in the US, Canada, and Australia.
- Does not transact with merchant accounts.
Ayden
Ayden is another great option for small to moderately sized businesses, as it has an extremely low processing rate as compared to Stripe. The highest processing fee is for Amex cards at %3.95 + $0.12 but it charges 0.6% + $0.12 for MasterCard and Visa cards. To better regulate your online account, Ayden provides merchant accounts and although it is recommended for smaller businesses, it is used by online entities such as Spotify and eBay. The RevenueAccelerate tool allows users to gain the most revenue out of a single transaction and the feature works in many ways, one of them being that the tool uses only the best processing routes to ensure higher conversion rates at a lower cost for you.
Pros:
- Internationalized and optimal for African and Asian countries.
- Easy integration of solution and fraud mitigation technology.
Cons:
- The layout needs some renovation.
Braintree
One of the more advanced fintech applications, Braintree is a subdivision of PayPal which allows users to boost efficiency and streamline workflow. Its association with PayPal means that it has access to a larger number of customers. It is highly effective at driving conversion and can increase revenue stream with global partners reliably, which is especially important for any payment portal. Braintree also has fairly low rates for credit card processing and it provides analytical acumens which can aid in running a business more successfully. Pricing is 2.9% with an additional $0.3 for processing.
Pros:
- Excellent customer service.
- Seamless integration with the BigCommerce Platform.
- Portal is decluttered and pleasing to look at.
- For users of the service, the sophisticated Cyber Protection tools have reduced fraud losses by 60%.
Cons:
- Since it is developer-focused, unfamiliar users may face some difficulty in setting the service up.
- Doesn’t support American Express.
WorldPay
The UK’s largest payment provider, WorldPay is used by approximately 250,000+ SME businesses. They have 25 years’ worth of payment handling expertise and have implemented hassle-free data compliance ensuring that sensitive card details are stored securely on the server. WorldPay checkout templates are customizable, it supports many modes of payments and transactions can happen in 120 different currencies. Payouts are speedy and its power system can process millions of simultaneous transactions within a second. Pricing is 2.75% + 20p.
Pros:
- Uncomplicated subscription management.
- Best for UK businesses.
- Supports recurring billing and Point of Sale.
Cons:
- Unsupported chargebacks.
Razorpay
Razorpay is ideal for any Indian looking to construct a globalized e-commerce platform. The Flash Checkout supports recurring billing, facilitates better conversions, and less code for easier integration. Razorpay can work in conjunction with well-documented SDKs, APIs, and any major plugins. Users have access to real-time stats and insights, which can provide them with information that aids the growth of their company. All the foremost international cards are supported and Razorpay has support for 92 currencies. Pricing is 2% for Indian cards, wallets, or UPI, and 3% for international cards.
Pros:
- Unique and intuitive interface.
- Available in UK, US, France, Australia, South Asia, and UAE.
- Simple integration.
- Runs offers and loyalty programs with the click of a button.
Cons:
- TDR payment gate rates are slightly higher than other providers.
Dwolla
Dwolla is the cheapest alternative to Stripe in the US. The service works with all US banks and unions, and users can design a transactional experience that is catered to them. Dwolla uses tokenization to transmit sensitive customer data and expedite payments by implementing the same-day ACH timings. Users have access to several tools at no additional costs and Dwolla supports digital wallet operations. It is developer-friendly, effortlessly adds integrations, and maintains a cohesive brand experience. Pricing is 0.5% + $0.5, with no hidden costs.
Pros:
- No additional monthly fee.
- Customized notifications for customers.
- Chat support and fraud prevention.
- Superior documentation and enables wire two-way wire transfers.
Cons:
- No global outreach.
- Credit cards can’t be added as a backup funding source.
Cardinity
For European-based businesses, Cardinity is perfect. It shares several features with Stripe, such as its unified functionality, inclusive payment solutions and it also offers merchant accounts for more control over the online account. Unlike Stripe, it’s cheaper and does not require a monthly or annual maintenance fee. Cardinity lets you use developer tools at no additional cost and its safety features comply with the highest standard of cybersecurity. The service provider accepts all major currencies and no payments need to occur through any third party. Pricing is 1.35% + 0.25 euros.
Pros:
- Notable global spread.
- Fraud detection utilities and adequate subscription management.
- Supports recurring billing and easy integration.
Cons:
- Subpar customer service.
Melio
Melio is another popular online payment receiving app helping businesses pay bills to contractors, vendors, suppliers, etc. Either recurring or first-time payments, Melio reduces the entire process down to a few clicks. Transactions through Melio are speedy and most payments would reflect in your account within 1-3 days. The application sends notifications to ensure that users are on top of their scheduled and processed payments. Melio integrates solutions that streamline accounting and users can pay any invoice for free if they choose to use a bank transfer. Pricing for credit cards is 2.9%.
Pros:
- Pay using bank transfer or credit cards, and the receiver gets the payment in their way.
- Augment record-keeping by adding bills paid off the platform and place them beside regular Melio bills.
- Intuitive interface
Cons:
- Available in the US only.
- Only supports credit cards and bank transfers as modes of payment.
Chargebee
A cloud based payment provider, Chargebee has merged together over 30 payment services such as Stripe, PayPal, Braintree, etc. under one destination. The API is user-friendly that even a novice user can setup with their website and there are opportunities for solutions through integration. Chargebee’s features include automated billing and invoicing, subscription management, and recurring payments. Derive payment trends and construct your own reports without any middlemen. The Financial Analysis feature can be organized with any number of metrics to seal revenue leakage and the customer service team assists first-time businesspersons to make the right decisions. Pricing varies by plan.
Pros:
- Is extremely secure and data is safeguarded from fraudulent actors.
- Customizable templates.
- Multilingual and supports multiple currencies.
Cons:
- The interface is not mobile optimized.
- The layout is not very intuitive.
Transferwise
Transferwise is a global payment provider with attractive interest rates in the mid-market range, that is reasonable to both the consumer and the seller. Complete transparency in finance is a mission that Transferwise has undertaken and the service is upfront, with no hidden payments. Whether the instance of bankruptcy or fraudulent activity, the customer’s information will always be protected. Transferwise security has been verified by the responsible establishments in every country it services and the application is very fast. Pricing is 0.37% + 0.26 GBP.
Pros:
- Suitable for international businesses with multicurrency accounts.
- Extremely secure.
Cons:
- No support for integrations.
Checkout
Checkout has numerous functionalities and it offers comprehensive localization customizability. It is used by brands such as Adidas, Samsung, Zomato, etc. World-class machine learning and sophisticated AI mitigates fraudulent activity and safeguards against malicious actors not to mention, the technology responds in real-time. Checkout supports popular forms of payment and the service handles PCI compliance so that you can customize the embed payment portals. Pricing is available through contact.
Pros:
- No account maintenance or surprise fees.
- The support team provides valuable integration advice.
- Global outreach.
Cons:
- Mobile optimization could use fine-tuning.
BlueSnap
BlueSnap shares many common utilities with Stripe since it is an all-inclusive payment provider. It routes payments through portals that optimize cost and authorization. BlueSnap works with a multitude of diverse business integrations and software you probably already use. There are mechanisms that will manage the hassles of tax compliance and fraud detection, and the service is extremely easy to use. Pricing is catered to businesses.
Pros:
- Ideal for B2B, B2C, and SaaS businesses.
- Supports recurrent payments.
Cons:
- Reporting can be overcomplicated at times.
FAQs
Who are the top Stripe competitors?
There are few like PayPal, Braintree, Authorize who the leading Stripe competitors.
Who are the Stipe competitors in UK, US, Europe?
Cardinity is the top Stripe competitors for European countries, whereas PayPal and Square are the leading competitors of Stripe in US, Australia and UK.
Which is cheaper than Stripe?
Dwolla and Cardinity are cheaper than Stripe.
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