Is There Anything Better Than Stripe? Exploring Alternative Payment Gateways [2024]

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By Paul Martinez

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Stripe may not be one of the most well-known payment methods, but it is still a worldwide leader in online transactions and has influenced the fintech sector in several ways. It is an important player when looking at how to start an ecommerce business

Is There Anything Better Than Stripe? Exploring Alternative Payment Processing Solutions with Enhanced Features and Benefits

Stripe’s technological stack is simply unrivaled, and it is regarded as a gold standard in merchant onboarding, fraud detection, and smooth payments.

However, it does not excel in every element. And there are rivals who provide greater freedom and even price significantly less. But is there anything better than Stripe?

Why Stripe Might Not Be the Best Option

There might be a variety of reasons why you would wish to investigate Stripe competitors. Perhaps you want a payment system that gives you greater freedom to facilitate payments, or perhaps you want to reduce the processing price.

Stripe’s price is considered expensive by many retailers due to its increased processing fee. Furthermore, because Stripe is still not accessible, e-commerce firms are seeking a trustworthy Stripe replacement. 

Is There Anything Better Than Stripe?

So, now that we have talked about the not-so-great things about Stripe that may turn some clients away from using it, here are some alternatives that you can try instead.


Square and Stripe both launched in 2009 and have been direct competitors ever since. Both provide great payment services, as well as industry-leading technology and broad support for various payment methods.

Square is also quite comparable to Stripe in terms of features. The finest feature of Square is its in-person POS payment, which is far superior to Stripe.

In terms of cost, both providers have the same 2.9 percent plus $0.3 processing charge for each transaction made through their payment gateway.

Square, on the other hand, does not accept in-app purchases and can only handle mobile wallet and credit card transactions. Furthermore, in comparison to Stripe, Square’s worldwide reach is limited to the United States, the United Kingdom, and Australia.

Nonetheless, Square is designed specifically for organizations that wish to set up payments quickly and easily. From in-person sales to online payments, you get the best of both worlds.

Amazon Payments

Amazon Payments: Exploring Payment Solutions by the E-commerce Giant

Amazon Payments is a similar service to Stripe in that it has a large global reach and numerous regional capabilities. To begin, you can easily include Amazon Payments into your website by utilizing its developer-friendly SDK and APIs. It also allows you to personalize the payment system in local currency, which is quite beneficial for a worldwide firm.

When it comes to processing fees, Amazon Payments charges 1.95 percent plus any relevant taxes. Aside from that, you receive free fraud detection utilizing invoice management, AI billing, and a slew of other services.

Having stated that, the main difference between Amazon Payments and Stripe is worldwide reaching. So, if Stripe isn’t cutting it for you, Amazon Payments may easily fit the bill. 


Dwolla is one of the cheapest Stripe alternatives in the United States. It provides a merchant account and supports ACH transactions. Dwolla, for example, is a developer-friendly service provider with good documentation and requirement-based modification.

In terms of pricing markup, the price is rather minimal as compared to Stripe, which is fantastic. For each transaction made through its gateway, you must pay a processing charge of 0.5 percent extra $0.5 Not only that but there is no monthly fee or any other additional expenses.

You also have free access to a variety of development tools and features. However, take in mind that Dwolla is only available in the United States. So, if you’re looking for a low-cost payment processor in the United States, Dwolla is an excellent Stripe option.


PayPal is one of the oldest fintech corporations, therefore it has a lot of expertise in online payments and fraud prevention. As a result, PayPal is one of the top Stripe alternatives available.

Stripe and PayPal charge a comparable 2.9 percent processing fee and a flat $0.3 cost for each purchase. The distinction between these two services, however, is their global reach.

PayPal, which is far larger than Stripe, is available in almost every country on the planet. So, if you run an internet business with consumers all over the world, PayPal is without a doubt the greatest payment processor available.

Hundreds of themes are available to help you simply incorporate PayPal checkout with your online company. Simply put, if you want dependability and worldwide reach, PayPal is a better option than Stripe.


Braintree, another PayPal company, is our next choice for Stripe alternatives. Braintree is a clear competitor to Stripe in terms of offerings.

To begin with, the rate is quite similar to other payment processors. Each transaction incurs a processing charge of 2.9 percent + $0.30.

Aside from that, you have access to payment templates and may customize the checkout form to your liking. There are also recurring billing and ACH transfer alternatives.

Braintree’s worldwide reach is substantially greater than Stripe’s since it is sponsored by PayPal. However, unlike Stripe, Braintree does not charge you individually for billing, invoicing, and other sophisticated APIs.


  • Developer-Friendly Integration

  • Global Payment Acceptance

  • Real-Time Analytics and Insights


  • All-in-One Business Solutions

  • Versatile Payment Options

  • Real-Time Analytics and Reporting

Amazon Payments

  • Streamlined Checkout Experience

  • Secure Payment Solutions

  • Mobile and Web Integration


  • Bank Transfer API

  • White Label Solutions

  • Fraud Prevention and Security


  • Secure Online Transactions

  • Convenient Payment Options

  • Wide Merchant Acceptance


  • Seamless Payment Integration

  • Advanced Fraud Protection

  • Subscription and Recurring Billing

Final Thoughts

Stripe has grown into a huge company. In fact, the brand says there’s a 90% chance that any credit or debit card has been used on their network. There are a lot of things that make Stripe a good payment processing service, like its prices, customization, functionality, and customer support. However, it isn’t the only option.

There are a lot of Stripe competitors out there that are better for your business than Stripe. It all comes down to how you run your business and what the platform can do for you.

Check out some of these things when you’re looking for a Strip alternative. Besides that, you might want to look at how the prices are set up. There are some brands that charge less per transaction if you sign up for a monthly subscription.

Other payment platforms have better exchange rates for international payments. A payment processing tool that can help make your business more money and grow is easier to match up with your needs when you know what they are so finding the perfect payment method is very important!

Frequently Asked Questions

What Is Stripe, and Why Is It a Popular Choice for Payment Processing?

Stripe is a widely used online payment processing platform known for its user-friendly interface, developer-friendly API, and robust features that cater to businesses of all sizes.

Are There Any Alternatives to Stripe That Offer Similar or Better Features?

Yes, there are several payment gateways that offer similar or even enhanced features compared to Stripe. Some notable alternatives include PayPal, Square, Braintree, Adyen, Authorize.Net, and 2Checkout.

How Do These Alternatives Compare to Stripe in Terms of Fees and Pricing?

The fee structures of these alternatives can vary, including transaction fees and any additional costs. It’s essential to compare the pricing based on your business needs and projected transaction volume.