Articles

Finding Payment Processing Alternative to Stripe That You Can Trust

by Mohit Y. Marketing Consultant

Stripe is a global player in online payment processing solutions. The technology stack of Stripe is simply unmatched, which is why most companies like to use Stripe as their favored payment processing. 

Besides, it is considered a benchmark in merchant onboarding, seamless payments, and fraud detection. However, it does not excel in every aspect, and you can find alternatives to Stripe. 

Also, if you need a feasible solution to replace Stripe, which is affordable, you can choose others, as many alternatives are also available. 

There are several trustful payment processing software, so here is a list I have compiled to help you make a decision.

  1. Braintree 

Braintree is a good option for Stripe and an essential division of PayPal. Braintree offers easy integration, fraud detection, and better global reach than Stripe. 

It also offers different payment templates and recurring billing. Additionally, it lets you access the advanced API without any added costs. Finally, it provides fast ACH transfer with invoicing. 

Braintree does not charge separately on billing, which saves costs. With the alternative, you can personalize your checkout and access payment templates. 

The reach of Braintree is more extensive than Stripe. In addition, it charges 2.9% plus thirty cents, which is great for eCommerce businesses. 

  1. PayPal

PayPal is not new in the payment circuit and is one of the oldest Fintech companies. The payment processing gateway offers complete flexibility in payment terms. Besides, it features amongst the best Stripe alternatives you can consider. 

It has a vast global reach and offers instant payments. Additionally, it offers advanced fraud protection and POS integration. It does not charge every month but offers checkout templates.

It provides access to developer tools, which is an advantage. In addition, it offers fast ACH transfers and scalable solutions based on business size. However, it provides limited seller protection. It charges 2.9% plus thirty cents. 

 

  1. GETTRX 

GETTRX is a global payment solution, empowering all your payment needs. It offers a payment account that will help drive your business goals. Whether your business needs in-person payments, online payments, or the capability to split software transactions, GETTRX offers the right solutions for your business. Plus, it provides terminals, POS, and E-com plugins for easy integrations.

GETTRX offers faster approval and is a developer-friendly platform. In addition, it provides 24/7 support for merchants with global payment options. You can get your merchant account with GETTRX, which will assist you in all the business operations by handling the payments within the regulations and depositing funds in the bank transfer. In special cases, the company allows any type of business to accept payments within two business days. Moreover, it offers perfect solutions for ISVs and ISOs.

 

  1. Dwolla

If you’re looking for cheap Stripe alternatives, you can choose Dwolla. It offers a merchant account and fraud projection feature, which guarantees safety. In addition, with a custom payment setup, you can have simple access. 

Dwolla offers complete support for ACH transactions. It provides excellent documentation support and is developer-friendly. Additionally, the seamless integration feature makes it easier to integrate with other apps. 

The best part – is the access to developer tools without added fees. The only drawback is that it does not let users add a credit card as a backup. However, it charges 0.5% plus 5 cents, making it the best alternative. 

 

  1. Adyen

Adyen though a small company, has a huge base of merchants. It’s one of the best Stripe alternatives and payment processors for small and mid-size businesses. It offers merchant accounts and a global reach that help you expand your business. 

With global reach, it covers locations like –Asia and Africa. In addition, it is easy to integrate with other apps and tools and offers fraud protection technology that keeps your transactions secure. 

Adyen offers a low processing fee compared with Stripe or Square. It charges 0.6% plus 12 cents for Visa and MasterCard, and there may be added charges for Amex.

 

  1. Authorize.net 

It has been more than 20 years since it has provided a payment processing service, making it the most trusted name. From the checkout process to the cart, it handles all the features precisely. 

It is the best payment gateway with advanced fraud detection features. Plus, it offers features like easy recurring payments and invoicing. In addition, the simple checkout feature makes it more flexible. 

The best part is the fact that it accepts almost all credit cards. You can also use the alternative to authorize credit card and wallet transactions. Additionally, you can protect your site with risk mitigation tools with charges of 10 cents per transaction. 

 

  1. Amazon Payments 

Amazon Pay has a huge global reach and is the most trusted name in payment processing. Plus, you can seamlessly integrate with Amazon on your site using APIs. 

It lets you set up customized payments in local currencies, a good feature for an eCommerce website with prompt fraud detection features that use ML and AI. 

Additionally, you can access POS integration, and there is no monthly charge. Amazon payments offer hassle-free subscription management and are scalable based on business types. 

With access to various developer tools, you can customize the process. The only drawback is that it handles fewer payment types. In addition, it charges 1.95% plus extra charges.

 

  1. Cardinity

Cardinity is the best alternative for Stripe if you stay in Europe. It offers an all- in-one-payment solution that comes with a merchant account. Plus, it lets you accept credit and debit cards worldwide. 

It offers an impressive global reach that can expand your business. Additionally, it offers recurring payments and no monthly charges. Cardinity offers a good subscription management feature with no annual maintenance charges. It has advanced security and fraud detection for safe transactions and charges 1.35% plus 25 cents. 

The above list features popular alternatives, and you can take your pick. However, before choosing the one for your business needs, you must select the features and look for add-ons. 

Startups can opt for alternatives that offer affordable services. The customization feature is essential and is strongly recommended, so look into the quality. Stripe you see is typically set for large businesses and is often expensive to maintain long-term. But then you can always look into another alternative for smaller ones.


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About Mohit Y. Innovator   Marketing Consultant

10 connections, 1 recommendations, 50 honor points.
Joined APSense since, May 17th, 2022, From Chandigarh, India.

Created on Jul 7th 2022 02:15. Viewed 232 times.

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