vs Stripe: Which Is the Better Payment Service Provider?

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By Paul Martinez


Updated on

A secure and reliable payment gateway is crucial for starting and running any business online. These payment gateways are a bridge between payment processors and e-commerce businesses. These payment service providers accept payments online but are optional for in-person payments.

Stripe and are two of the most popular, reliable, and extensively used payment gateways. Both Stripe and offer exceptional platforms for online transactions to businesses worldwide.

Here we have compared the highlighting features of vs Stripe along with their similarities and differences. vs Stripe: Selecting the Best Payment Service

About Stripe

Stripe is a fully customizable payment gateway or merchant account with no hidden fees. Stripe supports numerous payment options and allows easy currency conversion. Furthermore, it ensures safe and secure online payment services. Also, Stripe offers developer resources that help in customizing the payment gateway.

The company started as a payment processing service provider in 2009 in San Francisco, CA, and now has nine global offices. Over three million online clients and businesses from twenty countries are using this digital payment processor to accept online payments.

Stripe is one of the best developer-friendly online payment gateways that allows complete customization payment solutions. However, hiring a skilled and professional developer for your business is preferable to benefit from Stripe’s customizable features. 


Discover the innovative features that make Stripe a leading payment solution
  • No Merchant Bank Account Required

Stripe functions as a merchant account and payment gateway at the same time. Hence, you can use Stripe to accept payments and deposit these funds in your business’s bank account.

  • No Hidden Charges

Stripe pricing model is built for businesses of all sizes. This payment gateway offers transparent payment gateway solutions. There is no set-up, refund, validation, charge book, or failed transaction of monthly fees.

Plus, you can cancel your subscription anytime without worrying about additional charges. Moreover, the complete payment structure for different plans is available on the official website.

  • Stripe Connect 

Stripe is the best online payment processor to handle transactions worldwide. The Stripe Connect service can process transactions in over 30 countries and 135 currencies. Interestingly, considering the usage of Stripe worldwide, Stripe allows you to choose among more than 30 languages.

  • Supported Payment Methods

Stripe supports numerous international payment solutions, including Microsoft Pay, Apple Pay, Google Pay, WeChat Pay, Alipay, Klarna, giro pay, iDEAL, Click to Pay, Multibanco, Sofort, ACH payments, and several others. 

  • Stripe Checkout Page

Furthermore, Stripe offers complete safety and security. It creates a self-hosted page for mobile payment, Apple Pay, and Google Pay payment options. Also, this payment page functions on mobile and desktop.

  • Fully Customizable Payment Solution

Stripe allows you to customize your stripe merchant account, including setting up payout timings, onboarding, and Shopify Balance. This payment processor service also offers built-in user-interface features, but you can alter these settings per your feasibility using Stripe API (Application Programming Interface). You can also sign-up for financial reporting.


No monthly fee or set and cancellation charges

It supports more than 100 international currencies and numerous payment methods

No merchant account required

Excellent customer support via email, phone, and live chat

Ease of customizing the checkout flow

Allows omnichannel payments


Stripe’s integrated pricing and several customization features may seem complicated in the beginning

An online business owner with little to no tech knowledge may not prefer Stripe payments


Securely accept online payments with the cutting-edge features of Authorize.Net features an automated recurring billing. The customer information manager creates profiles or repeating customers, and the Advanced Fraud Detection Suite (AFDS) identifies fraudulent transactions. Moreover, it supports numerous online payment options, offers digital invoices and allows mobile payments. started its payment processing services in 1996, making it one of the most experienced payment gateways in the market. Later in 2010, was acquired by Visa.

This absorption by Visa paved the way for the card network in the payment gateway industry. has over 400,000 merchant accounts with more than $88 billion in annual transaction volume.

Working with gives you the freedom of choice to avail yourself of all-in-one payment processing plans or connect personal merchant accounts. Moreover, this flexibility in choosing payment solutions makes a lucrative payment gateway for people who already have an existing merchant account.

Furthermore, this company offers payment processor options for point of sale, e-commerce, mobile payments, and over-the-phone payments. 


  • Automated Recurring Billing (ARB) features ARB to help you automatically set up recurring payments for subscribers or repeat customers. Moreover, this feature offers customers an easy payment method from a bank account or credit card. This feature enhances subscription-based and repeating customers’ billing efficiency and data security.

  • Customer Information Manager (CIM)

CIM creates and manages customers’ profiles. This feature saves returning customers from the hassle of entering their information. CIM functions by keeping the customer’s billing, payment, and shipping information within secure servers.

  • Supportd All Payment Types makes it easy for customers to choose their preferred payment method, including signature debit cards, credit cards, eChecks, and other online payments. Customers can pay via Visa, MasterCard, Discover, American Express, JCB, PayPal, and Apple Pay.

Notably, all businesses rooted in the United States, Canada, United Kingdom, Australia, or Europe can receive international payments via this payment service from their customers anywhere in the world.

  • Advanced Fraud Detection Suite (AFDS)

Any business conducting online payment transactions fears the strength of cybersecurity. In light of this concern, has developed a hi-tech security feature called Advanced Fraud Detection Suite. This feature detects, manages, and prevents suspicious or potentially fraudulent transactions with your account.


Fixable payment gateway

Flat-rate pricing

Exceptional security features via AFDS

Ability to reach international markets

Availability of ACH (Automated Clearing House) tools

24/7 customer support

Ease of setting up recurring payments


Limited support for international currencies

Charge monthly fees

Similarities Between vs Stripe

Both Stripe and payment processing gateways have a couple of similarities. First, both payment solutions have built-in and customizable checkout pages.

Secondly, Stripe and support multiple currencies. This feature helps online businesses to receive payments from their international clients via an authorized and safe payment gateway.

Thirdly, Stripe and use advanced security services to identify, manage, and prevent fraud during online transactions. Another critical feature both payment processing gateways provide is a recurring billing option. This feature automatically streamlines the upcoming payments for the repeating customers and subscribers.

Moreover, both payment gateways accept payments via numerous payment methods. For instance, both services support mobile credit card readers, debit cards, Apple Pay, and Click to Pay.

Plus, both services offer ACH payment support. ACH is beneficial for all types of payment transactions, including monthly debits for regular payments and direct deposit of checks in bank accounts.

Differences Between Stripe vs

Stripe: Developer-friendly, global reach, diverse payment methods.
Authorize.Net: Established, US-focused, versatile payment services

Stripe vs. have many differences. Firstly, Stripe supports more than 135 international currencies, whereas supports only 11. Hence online businesses having customers worldwide prefer Stripe over

Secondly, Stripe is an all-in-one payment gateway that is enough for all your online payment processing requirements. Stripe does not support merchant bank accounts as it functions as one. is an excellent payment solution for small businesses that already own merchant accounts. 

On the other hand, you must already have a merchant bank account to use’s services. Moreover, only Stripe provides credit card processing. Plus, Stripe supports local payment methods worldwide.

Another stark difference between Stripe and is that offers excellent cybersecurity via the Advanced Fraud Detection Suite, whereas Stripe payment gateway uses Radar to prevent online fraud.

Moreover, allows the reception of international transactions only for businesses based in the US, UK, Canada, Australia, and Europe. Thus, if you are running your business, let’s say, in the Asian market, then is of no use to you.

Finally, though both Stripe and support numerous international payment methods, Stripe does not support PayPal.

  • Secure Payment Gateway

  • Versatile Payment Options

  • Recurring Billing and Subscription Management


  • Developer-Friendly Integration

  • Global Payment Acceptance

  • Real-Time Analytics and Insights

Our Pick: Stripe

We recommend Stripe as it has some advantages over Stripe offers a global payment system, which is much needed to cater to an international customer base. Moreover, Stripe payments support transactions in multiple currencies. Another lucrative feature of Stripe is that you don’t need a merchant account to use it.


Stripe and are two of the widely popular payment gateways used by thousands of online businesses worldwide. Both services offer remarkable online payment services.

Therefore, you can choose any of these services based on your business’s requirements. Choose Stripe payments if you require payment services along with a payment gateway. excels with its robustness, reliability, and versatile payment options, making it a top contender in payment processing. It’s undeniably the winner in the realm of payment gateways.

Frequently Asked Questions

What Is, and How Does It Compare to Stripe? and Stripe are both popular payment gateway providers, but they have some differences in terms of features and functionality. is a well-established payment gateway with a focus on providing secure and reliable online payment processing for businesses. Stripe, on the other hand, is a modern and developer-friendly payment gateway known for its user-friendly interface and easy integration.

Which Platform Offers Better Integration Options With Various E-commerce Platforms?

Both and Stripe offer a wide range of integrations with various e-commerce platforms, but Stripe is particularly known for its extensive list of supported integrations and developer tools.

How Do the Costs and Fees Differ Between and Stripe?

The pricing models and fee structures of and Stripe can vary. It’s essential to compare transaction rates, setup fees, and any additional costs to determine which is more cost-effective for your business.

Can Both Platforms Handle International Transactions and Support Multiple Currencies?

Yes, both and Stripe support international transactions and offer multi-currency capabilities. However, the availability of certain features may depend on the country of operation.

What Level of Security and Data Protection Measures Do and Stripe Offer?

Both and Stripe follow industry-standard security practices, including PCI DSS compliance, to protect sensitive payment data and ensure secure transactions.