8 STRIPE ALTERNATIVES FOR INSTANT SECURE PAYMENT PROCESSING Joseph Minetto
Most businesses have moved from physical to digital, and so has payments—online
payment processing for a variety of business transactions through debit and credit cards. Stripe builds the payment infrastructure. Companies big and small across the
world use Stripe API for making and accepting payments for various businesses online. Stripe earns a fraction of amount with every transaction made. Thousands of
companies use Stripe. Udemy, Reddit, Lyft, Stack, Accenture, Coursera, Instacart, and a few other companies from a variety of niche are currently using Stripe.
Stripe works as a payment gateway that enables buyers and sellers to make and receive payments online. Stripe works well for online credit card
processing, especially for companies that are capable of supporting the API for e-commerce businesses. However, if you are a company looking for a single processor to handle online and offline payments, then Stripe is not suitable for you.
STRIPE ALTERNATIVES 1. Shopify Payments 2. Adyen 3. Square 4. PayPal 5. ChargeBee 6. 2Checkout 7. Transferwise 8. Razorpay
1. SHOPIFY PAYMENTS A Shopify seller would need to integrate with a
payment provider since Shopify payments is already a part of your account, and it enables them to accept payments without any hassle. Shopify payments are available in US, UK, Canada, and Australia.
2. ADYEN Adyen offers a payment gateway to accept cards for online, mobile, and instore payments enabling users to grow the outreach, increase sales, reduces fraud and
offers hassle-free checkout experience for customers making if one of the best stripe alternatives.
3. SQUARE Square is another payment platform that is best among the stripe alternatives and
functions for small business. Square works as a point of sale application that works on iOS/ Android. Square also offers sales and inventory tracker, enabling companies to
keep track of live updates on payments, inventory, and sales. Various forms of receipts, drag & drop of items, allows multiple ways of payments, and reporting
helps companies to manage their financial performance easily.
4. PAYPAL Paypal is another alternative to Stripe that
enables companies to scale their payment platform to make and accept payments to
merchant accounts without requesting any financial information and compromising on
security.
5. CHARGEBEE Chargebee works well for businesses of all sized across industries. Chargebee is a cloud-based payment system that enables businesses to set recurring billing frequencies, one-time billing, and billing as per usage models. The user-friendly API and integrations allow businesses to scale up. Promotions, accurate billing, collection of online payments are all made possible on a single platform.
6. 2CHECKOUT 2checkout is among the best stripe competitors. 2checkout works well as a payment gateway for a merchant account around the globe. 2checkout enables merchant accounts to receive payments online from credit cards around the world. The features offered by 2checkout benefits both sellers and buyers. 2checkout adapts well to the
multi-currency, language, and payment methods.
7. TRANSFERWISE Transferwise is an excellent choice among the other stripe alternatives. Transferwise enables global money transfer with attractive exchange rates, making it a new-age banking system. A business profile created followed by some
profile details, and a verification process is all you need to begin your payment processor journey for your business.
8. RAZORPAY Razorpay enables businesses to accept multiple payment methods, process, and disburse the payments on their product suite. Mobile wallets,
credit cards, debit cards, and UPI are all some of the acceptable payment modes with Razorpay. Recurring payments and one-time payments
through wallets like PayUmoney, airtel money, ola money, Pay Zapp, and a few others are made possible with Razorpay.
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