Terms
Here at , we use Stripe for processing the payments that you make to the membership business you run. Stripe is a worldwide online payment processing platform which allows companies with any size to take payment via the web (and in-person). It's one of the most well-known payment processors around the globe, but there are many others that provide similar features.
The best choice for your company's payment processor is based on a variety of elements, including the type of business you are operating, the country which you do business in, the payment methods you need to accept along with the services and prices that each payment processor offers.
Let's glance 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?
We'll dive deep into each individual competitor below But first, let's take a look at Stripe competitors in a quick glance in the context of the size and type of business:
SMEs
If you're running operating a small or medium-sized business then you might want to think about using one of the payment processors like Stripe, Square, or Authorize.net. They offer a variety of attributes that work well for small-sized businesses, including cost-effective pricing, simple set up and easy-to-use interfaces.
Enterprise
If you're a big company, it might be worthwhile to think about using a payment processor such as Adyen, Worldpay, or Braintree. They offer a wider range of features and support for more payment methods than payment processors for small businesses.
Global business
If you are required to accept payments from international customers You might want to think about using an online payment service like 2Checkout, Mollie, or Payoneer. These processors are specialized in various options for handling international payments like exchange rates and fraud protection.
Competition that Stripe
Below are a few popular Stripe rivals, but keep in mind that you may find something that is more pertinent to you and the work you do. For you to make sure that you are using the best payment service to run your business, it's helpful to ask friends and colleagues for feedback and to look up reviews written by other businesses.
PayPal
PayPal is a popular online payment processor offering many features, including the ability to accept payment from the most popular debit and credit cards, as well as PayPal accounts.
PayPal also offers a number of useful features for business including invoicing and regular billing.
Adyen
Adyen is a world-wide payment processor that offers a wide range of options for payment, such as credit and debit cards, e-wallets, as well as bank transfer.
Adyen is particularly well-suited for large businesses and enterprises, because it provides a range of options for managing international payment transactions.
Square
Square is a processor for payments specifically designed for small companies, developed through Block, Inc (which was founded by Twitter its founder Jack Dorsey).
It offers a variety of functions, like a point-of-sale system, online payment processing and the management of inventory. Square is also known for its affordable prices.
Authorize.net
Authorize.net is yet another well-known processing service for small companies. It provides a range of options, such as online payment processing along with recurring billing as well as fraud protection.
Authorize.net has a wide range of pricing plans that meet the needs of different businesses.
Braintree
Braintree is a payment processor which is part of PayPal. It provides a range of options, such as the ability to process payments online in addition to mobile payments and fraud protection. The
Braintree is particularly well-suited for businesses that need to accept payments across multiple channels including mobile, online as well as in-person.
GoCardless
GoCardless is an British payment processor that specializes in direct debit payment as well as open banking. IdigfCGAAhf74sBGltSf can be a great alternative for companies that want to take regular payments from their customers, like for membership-based businesses.
Mollie
Mollie is a Amsterdam-based payment processor which is ideal for companies that must accept payments from European customers. Mollie offers a variety of payment methods, including debit and credit cards, e-wallets, and bank transfers.
Mollie provides a range of tools to manage European payment methods, including SEPA direct debit as well as the iDEAL.
Worldpay
Worldpay is a worldwide payment processor, offering many options for payment, such as debit and credit cards, electronic wallets, and bank transfers.
Worldpay is especially suited to big companies and large enterprises since it has a wide range of features for managing global payment transactions.
Payoneer
Payoneer is a processor for payments that specializes in international payments. It's a great choice for businesses who need to pay freelancers or contractors around the world. The
Payoneer provides a range of other features like mass payments and currency conversion.
Conclusion: Stripe's competition
Stripe is a globally popular processing company, however it's crucial to look at different payment processors that are accessible to you prior to deciding which to use. Consider the features and pricing offered by each Stripe competitor provides and the payment options are required to use. It is also recommended to read reviews on various payment processors, and seek opinions from other companies.
The main rivals that are a major threat to Stripe are Adyen, Worldpay, Braintree, and 2Checkout. These payment processors offer a number of benefits, including more payment options with lower charges, as well as more features. However, they come with some drawbacks that include fewer global reach, more complex configuration, and not as much help.
The ideal choice for your company's payment processing depends on a range of elements, like the type of business you operate in, the locations that you do business in, as well as the payment methods you'll need to accept. We hope that you find this guide useful!