Terms
At our company, we utilize Stripe for processing the payments that you make to the membership business you run. Stripe is a worldwide payment processing service that allows businesses of all sizes to accept transactions online (and in-person). It's among the most popular payment processors around the globe however there are others that provide similar services.
The ideal payment processor for your business depends on a range of factors, such as the kind of company you operate in, the locations you operate in, the payment methods you need to accept and the features and pricing offered by each platform.
Let's have a take a look at a few Stripe competitors to find out what is the most appropriate for you and your company!
Which one of the payment processors is right for you?
We'll go into the details of each individual competitor below, but first let's examine Stripe competitors at a glance in the context of your size and type of company:
SMEs
If you're operating a small or medium-sized business, you may want to look into one of the payment processors like Stripe, Square, or Authorize.net. They offer a variety of attributes that work well for small businesses, such as affordable pricing, easy setup, and friendly interfaces for users.
Enterprise
If you're a big business, you may want to look into an online payment service like Adyen, Worldpay, or Braintree. They offer an array of options as well as support for a variety of options for payment than those specifically designed for smaller enterprises.
Global business
If you need to accept payments from foreign customers, you may want to consider using a payment processor such as 2Checkout, Mollie, or Payoneer. These payment processors specialize in many different features for managing international payments like exchange rates and fraud protection.
Competitors who use Stripe
Below are a few popular Stripe competitors, however please keep in mind you may find something that is more relevant to your and the work you do. For you to make sure that you are using the right payment option to run your business it is beneficial to solicit your colleagues and friends for their feedback, or to read reviews of other companies.
PayPal
PayPal is an incredibly popular online payment processor offering many features which include the capacity to accept payments from the most popular debit and credit cards, as well as PayPal accounts. The
PayPal provides a variety of features that are suitable for businesses, such as invoicing and regular billing.
Adyen
Adyen is a world-wide payment processor that offers many payment options, such as debit and credit cards, e-wallets and bank transfers.
Adyen is especially suitable for corporations and big businesses, since it has a wide range of options for managing international payment transactions.
Square
Square is a payment processor specifically designed for small companies, developed by Block, Inc (which was founded by Twitter the founder Jack Dorsey).
The company offers of options, such as the point-of-sale software, online payment processing, and the management of inventory. Square is well-known for its reasonable cost.
Authorize.net
Authorize.net is a popular payment processor that is ideal for small-sized businesses. It provides a range of options, such as online payments, recurring billing, and fraud protection.
Authorize.net provides a range of pricing plans to meet business needs.
Braintree
Braintree is a payment processor which is part of PayPal. It offers a variety of features, including the ability to process payments online, mobile payments, and security against fraud. MAO99WdaAxDCHNdPXbKW Braintree is ideally suited to companies that require payments from multiple channels, such as online, mobile or in-person.
GoCardless
GoCardless is a British payment processor that is specialized in direct debit payment as well as open banking. IdigfCGAAhf74sBGltSf can be a great choice for businesses who need to receive regular payments from their customers, like for membership-based businesses.
Mollie
Mollie is a payment processor, which is ideally suited for companies that must take payments made by European customers. It offers a wide range of payment methods including debit and credit cards, e-wallets, and bank transfers.
Mollie is also able to provide a wide range of features for managing European payments, such as SEPA direct debit and iDEAL.
Worldpay
Worldpay is a global payment processor offering an array of payment options, including credit and debit cards, e-wallets, as well as bank transfers.
Worldpay is specifically suited for big companies and large enterprises as it offers a variety of features for managing global payment transactions.
Payoneer
Payoneer is a processor for payments which specializes in international transactions. It is a good choice for businesses who need to pay contractors and freelancers all over the world. It is
. Payoneer also offers a variety of additional features, such as mass payouts and currency exchange.
Conclusion: Stripe competitors
Stripe is an internationally renowned processing company, however it's crucial to look at the various payment processors at your disposal before deciding the one you want to choose. Be aware of the options and prices of each Stripe competitor provides and the payment options are required to use. You should also read reviews about the various payment processors as well as get feedback from other businesses.
Some of the main competitors that are a major threat to Stripe are Adyen, Worldpay, Braintree, and 2Checkout. The payment processors provide a variety of advantages, including more payment options with lower charges, as well as more features. But, they do come with some drawbacks, such as less coverage across the globe, a more complicated installation, and little assistance.
The best company to use for payment is based on a variety of variables, including the kind of business you have, the countries you operate in, and the payment options you have to accept. We hope that you find this guide useful!