Are you a startup founder, or maybe you’re just looking for a way to receive payments from your customers online? Do you want a secure payment processor? Then maybe it’s time to take a look at Stripe.
Stripe is a payment processor that lets businesses receive money from customers globally with ease. It allows you to easily set up payment gateways for your e-commerce site, and it’s used by many companies like Shopify. They have incredible features, such as fraud protection and free credit card processing, but they also offer great rates and fees.
And if you want to get started quickly with Stripe, you might find yourself in a bit of a bind when trying to integrate Stripe into your website which requires some technical knowledge. That’s why today we’re going over some of the best Stripe alternatives: some of the most popular ones and some of the ones that are new to us. We hope this helps you find a solution that works for your business.
What Factors to Consider when Choosing a Payment Gateway Provider?
Choosing a payment gateway provider can be very challenging, especially when you have to choose between various options. The best way to find the right one is by having all of your needs met with one provider. This article will help you understand how to do just that.
Reasonable Pricing
The pricing of a payment gateway provider is one of the most important factors to consider when choosing one. The reason for this is that you need to ensure that your online business can afford their services, which means that they should be reasonable and competitive in terms of pricing.
It’s also important that you get all charges included in their monthly fees so there are no surprises later on down the line when it comes time for renewal or installation of additional features like recurring billing or support tickets handled by them instead of your own staff (which can easily be done).
It’s also important for providers not only to communicate their pricing clearly before signing up but also keep it consistent throughout each year so customers don’t end up paying more than necessary because of hidden fees or the like.
Security
When choosing a payment gateway provider, security is one of the most important factors to consider. Your customer’s data is at stake and you need to ensure that they are protected from fraudsters or other cyber criminals.
The Payment Card Industry Data Security Standard (PCI DSS) is an international standard for protecting cardholder data in transit and at rest. It requires organizations that process credit cards on behalf of merchants or clients to be PCI compliant.
This means they must have a secure payment processing solution in place so customers’ sensitive information cannot be stolen during transactions through their website or mobile app because it could lead them into identity theft if hackers gain access into their systems. It is managed by the Payment Card Industry Security Standards Council and it has become an industry standard for payment data security. It covers all aspects of securing payment card data, from transmission to storage.
Payment Methods Supported
The first thing you’ll want to check when choosing a payment gateway provider is how many different payment methods they support. This can be important because it will help you decide which option is best for your business and its customers.
For example, if you have an online store that accepts credit cards, debit cards and ACH payments then it’s important that the gateway provider supports all three types of transactions at once. If not, it may make more sense in some cases to choose another provider who does offer this type of support.
Another thing worth considering is how many countries the provider supports, this will help determine whether or not there are any restrictions on where customers can use their card numbers from in order to pay. If you have customers around the world who want to use their credit card to pay for your products or services, then it’s important that your gateway provider supports a good range of countries (ideally all major ones).
Reliability
Reliability is the ability of a payment gateway to process transactions accurately and on time. Reliability is also the ability of a payment gateway to process transactions securely.
In the world of credit card processing, reliability is extremely important. If a business’s payment gateway is unreliable, it can cause a lot of problems for both the merchant and their customers. For example: if an order is processed but not delivered due to faulty equipment or software, it could result in unhappy customers and lost revenue.
It is also very important for the merchant because it can affect their business in a number of ways. If a payment gateway is unreliable, it could result in unhappy customers and lost revenue. If a customer receives an error message when they try to process their credit card payment, they may choose not to place an order with that business again.
Integration Capabilities
When it comes to payment gateway integration, the main thing that you should consider is how easy it is to integrate with your ecommerce platform. Does the gateway support all of the payment methods that you need? Can you integrate with your existing systems?
If this sounds like something that will be an issue for you, then make sure to check the integration capabilities of your provider. You may need to look at a more complex solution if you have particular requirements, but in general it should be possible to find a gateway that integrates well with most ecommerce platforms.
Customer Support
When it comes to customer support, you need a payment gateway provider who can offer you 24/7/365 support. This means that if you ever have any questions or issues with your account, they should be able to help you out as soon as possible. If a customer has an issue with their account, they need someone who can respond quickly and efficiently.
There are many different ways for companies to communicate with customers when things go wrong: email, phone calls and live chat all work well but only one thing is truly effective at solving problems fast: video chat! Video chat allows businesses to talk directly face-to-face without having any long waits before getting through on the phone line (or even worse – waiting days!).
List of Best Stripe Alternatives & Competitors
Stripe is a great way to collect and send payments but there are some Stripe alternatives that you may be interested in considering. All these payment platforms have their own strengths and weaknesses.
Here we will explore the options available, discuss their features and potential benefits, and set out what they offer compared with Stripe.
Rapyd
If you’re looking for a Stripe alternative, Rapyd is a good choice.
Rapyd is a payment gateway that provides global access to over 190 countries, with more than 300 payment methods. They also have virtual bank accounts available in 40+ countries, which makes it easy to accept digital currencies and bank transfers.
Rapyd is designed for eCommerce stores, marketplaces, and other businesses that need rapid expansion but don’t want to sacrifice their brand or reputation for speed or low fees. They offer virtual bank accounts that allow you to accept payments into your business from anywhere in the world without having to worry about currency conversion issues or transaction costs, and they’ll even route those payments through the local currency of your choice so you can get paid faster without taking any additional risk.
Rapyd also has dozens of payment options around the globe, including credit cards from Mastercard and VISA as well as bank transfers. If you’re looking for an alternative option for Stripe, this is it!
Related: Stripe Vs Rapyd: The Ultimate Payment Gateway Battle
Square
If you’re looking for a payment gateway that offers all the features of Stripe, check out Square.
Square is a simple, intuitive tool that can help you manage your business without having to worry about complex banking regulations. It’s designed to be easy to use and integrate with other systems in your business.
You can do everything from employee management to discounts and refunds via email or mobile app, product customization, sending receipts, and more.
You can also get real-time sales data and history, integrated payment processing 24/7 support center, a customer feedback portal, integrated email marketing tools, and more.
Square has several different integrations with other apps and platforms so it’s easy to get started on whatever project you’re working on. It’s compatible with content management systems as well as other cloud-based services like Xero, WooCommerce, Weebly… the list goes on!
PayPal
PayPal is a great payment gateway for those who want flexibility and control over their business.
It has a wide variety of features and options that allow you to accept payments online, in your store, or via mobile. It also offers many features that help protect both you and your customers from fraud, including buyer protection, seller protection, and credit card chargeback resolution.
PayPal’s virtual terminal makes it easy to accept credit card transactions on your online store. You can also use PayPal’s barcode scanning technology to scan items that you’d like to add to your inventory. The Express Checkout feature allows you to quickly process payments for customers without having to go through the long checkout process.
The Bill Me Later feature is perfect for people who have a credit card or debit card that they don’t want on file with their bank account. You can set up PayPal as another option for payment, allowing customers who pay with this method to have access to their funds for up to three months after purchase.
PayPal offers 24/7 support center support and ensures that all PCI-compliant sites are properly secured so hackers cannot gain access through any holes in your site’s security settings.
2Checkout
2Checkout is a fantastic payment gateway for your eCommerce business. It’s easy to use and has lots of features that make it a great choice for merchants looking for Stripe alternatives.
First of all, 2Checkout supports multiple payment methods. This means that you can accept credit card payments from customers, as well as PayPal and Google Pay (and many other options). You can also add your own custom options to the checkout page, like recurring billing or payment gateways with different fees.
It also comes with an account updater so you don’t have to worry about losing access to customer data when you upgrade your software or website. You can create multiple profiles for each customer and keep track of their purchases in real-time!
The best part is that 2Checkout offers multi-language support, you can use it on any device with just a few clicks! Plus, they offer 24/7 support via email or phone call if you ever need anything else.
In short: if you’re looking for a Stripe alternative, 2Checkout is definitely worth considering.
Braintree
As a merchant, you’re always looking for new ways to provide your customers with the best experience possible. That’s why we love Braintree, it’s an easy-to-use payment gateway that gives you all the tools you need to ensure your payments go through smoothly and securely.
Braintree offers two-day payouts and global coverage, so your clients can start their purchases right away! Its drop-in UI is easy to use, and its fraud protection features will help keep your customers safe from chargebacks and other issues.
Braintree also offers a vault and encryption options so you can feel confident in keeping sensitive information secure. And if you want even more security options? Braintree has you covered there as well, you can customize your checkout workflow using dynamic controls to make sure customers have all the information they need before they complete their order.
Braintree comes with a 24/7 support center that provides real-time answers to any questions or problems you might have about your account or billing process. And if there’s something else they can do for our customers? Braintree will do it! They partnered with some amazing brands like Salesforce Commerce Cloud, FreshBooks, BigCommerce, Zapier… the list goes on!
Authorize.Net
If you’re looking for a Stripe alternative, Authorize.net is a good option.
Authorize.net has a lot of great features that make it one of the best choices for payment gateways. It has a customer information manager, which allows you to keep track of your customers’ information and manage it in a secure way. It also comes with an online payment system, so you can accept payments from your customers in real-time.
Authorize.net also has an advanced fraud detection suite, which helps prevent fraud from happening in your business. The other amazing thing about this payment gateway is that it’s available 24/7, so even if you’re sleeping or away from your computer for a long period of time, you can still get access to these features!
Another feature we love about Authorize.net is that it offers e-check processing and virtual terminal/batch uploads so that you can easily accept payments from your customers using their e-checks or credit cards without having to deal with any paperwork or complicated settings on the back end of things.
So if you’re looking for a payment gateway that’s both affordable and easy to use, then you should definitely consider using Authorize.net!
ChargeBee
ChargeBee is a payment gateway that offers a lot of features. It’s easy to use, and you can even set up recurring billing without any help from your bank.
ChargeBee also offers advanced invoicing, which allows you to keep track of how much you’ve paid for your customers’ purchases. You can also create themes for your hosted pages, and it has a trial management feature that lets you send a reminder to new users who haven’t paid their subscription immediately after they sign up.
ChargeBee supports EU VAT payments, which means it works with countries in Europe where VAT is applicable. You can also use ChargeBee as an email management tool, which lets you create promotional coupons and send them out via email campaigns.
ChargeBee also has customer portals so that your customers can check out what’s available on the site before making a purchase, and it has customizable user roles so that you can assign users different access levels depending on their role at your business.
The most useful thing about ChargeBee? It integrates with Shopify, Mailchimp, Google Analytics, Zapier, Squarespace, and many more!
WePay
WePay is a payment gateway that is truly easy to use. It integrates into your website or app and allows you to accept payments on both mobile and desktop devices, which makes it perfect for apps and websites that you want to be accessible from anywhere.
The company offers everything that you need in order to get started accepting payments, including the ability to accept direct bank transfers, mobile point-of-sale, high-level PCI security, transaction-level reporting, risk API support, custom UX support, instant onboarding, an easy-to-use interface with 24/7 support center, and more.
It’s also compatible with Apple Pay and Android Pay so your customers can use their preferred payment method when making purchases from your store or website.
Overall we would say this is one of the best options out there when it comes to Stripe alternatives because it’s so easy to set up and use, has all the features you need to start accepting payments online, including a powerful API and a ton of integrations with popular eCommerce platforms like Shopify and Bigcommerce.
Conclusion
I hope you found this guide useful. In summary, while Stripe is the fastest-growing online payment platform at the moment, there are a lot of other payment services that could compete with or replace Stripe. Keep in mind, it doesn’t matter which online payment service you use as long as it meets your business’s needs and requirements.
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