Online payment alternatives
Online payment is a mainstay of modern business, and Stripe has established itself as a key player thanks to its flexibility and robust API. However, it might not be the best option for all businesses due to various limitations. This guide compares the best alternatives to Stripe, analyzing their features, pricing, and use cases.
Stripe and its strengths
Stripe is an essential solution for online payment processing with a powerful API, seamless integration, and support for international payments. It offers functionalities such as:
- Online payments and subscriptions (recurring billing, one-click payment management).
- API and advanced customization for developers.
- Security and compliance (PSD2, 3D Secure, advanced anti-fraud).
- International payment management with multiple currencies and payment methods.
Why look for an alternative to Stripe?
Stripe has limitations which may prompt some companies to look for alternatives:
- High fees, especially for international transactions.
- Geographical restrictions.
- Criticized customer support.
- Lack of flexibility for certain business models.
Comparison table: 11 Stripe alternatives at a glance
| Software name | Most common use case | Main benefit | Entry fee |
|---|---|---|---|
| Adyen | Large companies with complex payment needs | Support for over 250 local and international payment methods | Online: €0.11 per transaction + fees according to use case |
| Airwallex | International transactions for growing companies | Transparent exchange rates and multi-currency management | Customized pricing based on company needs. From 1.30% + €0.25 per credit card transaction. |
| Braintree | Businesses requiring a variety of payment methods | Extensive payment method support, including PayPal | Customized pricing with fixed rate or interchange plus options. No monthly fee for basic services. |
| Checkout.com | Modern, global businesses | Transparent pricing and multiple currency support | Customized pricing based on company profile. No standard free version. |
| HiPay | Specific industries requiring tailor-made solutions | Customized features for specific industries. | Customized pricing based on specific needs. No standard free version. |
| Mollie | Companies looking for flexibility and ease of use | Easy integration with e-commerce platforms. | Transaction-based pricing. No monthly fees. Free version available. |
| MONEI | Small and medium-sized businesses in Spain | Fast integration and local payment support. | Transaction-based pricing. Free version available with limited functionality. |
| PayPal | Online payments for businesses of all sizes | Broad global recognition and ease of use | Standard: 1.20% + fixed fee per transaction. No monthly fee for standard accounts. |
| PayPlug | French merchants looking for a local solution | Easy to use and adapted to the French market | EU consumer cards: 1.1% to 1.5% + €0.25 per transaction with €10-30/month subscription. No free version. |
| Revolut Business | Financial management for SMEs with international needs | Competitive transaction fees and multi-currency management | European consumer cards: 1% + €0.20 per transaction. Free version available with limited functionality. |
| Square | All-in-one solution for small businesses | Seamless integration of online and in-store sales | In person: 2.6% + $0.10 per transaction. No monthly fee for basic services. |
Key considerations for choosing an alternative to Stripe
- Pricing: Assess monthly subscription fees, transaction fees, and hidden costs.
- Available payment methods: Ensure the platform supports the necessary payment options.
- Currency management: Investigate multi-currency account support and exchange rates.
- Technical integrations: Confirm compatibility with existing systems and availability of APIs.
- Specific functionalities: Consider whether the solution meets unique business needs.
Conclusion: which Stripe alternative to choose?
Choosing an alternative to Stripe should depend on your business size, needs, and specific use cases. Options like PayPal may be ideal for rapid adoption, while Adyen or Checkout.com are suited for larger firms requiring robust infrastructure. For a flexible solution within Europe, options like Mollie and PayPlug are recommended.