9 Best Stripe Competitors and Alternatives For 2023

9 Best Stripe Competitors and Alternatives For 2022

Are you tired of Stripe’s monopoly on online payment processing? Well, have no fear because there are plenty of Stripe competitors and alternatives, and they’re all just as capable of handling your financial transactions.

Let’s take a dive into the deep end of the pool and explore some of the best alternatives to Stripe. From well-known options to hidden gems, we’ve got you covered.

Whether you’re looking to switch things up because of Stripe’s high fees or simply because you’re feeling a little adventurous, you’re sure to find the perfect payment processor to suit your needs.

So grab your snorkel and flippers, and let’s go on a journey to find your new favorite payment processor.


Let’s dive into these competitors to Stripe!

What are the best Stripe competitors and alternatives?

Here are our 9 top picks of the best Stripe competitors for processing payments. We’ve ranked these payment processors based on features, ease of use, and transaction fees (pricing).

1. Square.

Best for Large eCommerce businesses.

Square - Best stripe competitor for eCommerce businesses

One of the best Stripe competitors is Square. Square is a versatile payment processor that caters to businesses of all sizes, from tech startups to brick-and-mortar shops.

With Square, you can easily accept payments, build customer relationships, and grow your in-store and online business.

One of the biggest differences between Stripe and Square is their point of sale (POS) systems. Square offers an easy-to-use POS system that allows you to create a custom solution that fits your business needs.

You can track customer preferences and feedback with every sale and use built-in sales and inventory reports to monitor your business’s progress.

Another advantage that Square has over Stripe is the option to manage and access your money with their business banking accounts and services which is helpful and convenient for many businesses.

Both Stripe and Square offer various payment options, such as debit and credit cards, Google Pay, and Apple Pay. However, Square can also accept payments with Magstripe, chip, and contactless card readers.

While Stripe is a great payment processor, Square offers a more versatile and customized experience for businesses looking for a one-stop shop for their payment processing and business management needs.

Key features of Square:

  • Billing and invoicing: Create and send invoices from your POS, track payments, issue refunds, and add late fees.
  • E-commerce integration: Integrates with many popular eCommerce platforms to quickly sell online and in-person.
  • Credit card payments: Square’s Magstripe, chip, and contactless card readers allow you to accept credit and debit card payments.
  • Electronic payments: You can also accept electronic payments such as Google Pay and Apple Pay, providing more payment options for your customers.
  • Retail Point of Sale: The POS system is designed to efficiently run your business, with features such as customer accounts, sales reports, and inventory management.
  • Gift card management: Use card management to sell and manage gift cards for your business.
  • Labor cost calculator: Use the labor cost calculator to see how much your employees are costing you, allowing you to make informed decisions about your business.
  • Order management: Keep track of orders and fulfil them quickly, streamlining your operations and improving customer satisfaction.
  • Business banking: Easy access to business banking accounts and services makes managing and accessing your money easy.

Square pricing:

Square’s pricing is free to use; no contracts, fine print, or manuals are required.

  • You Pay 2.6% + 10¢ per swipe or 3.5% + 15¢ per manually entered transaction.

2. Adyen.

Best for high-volume transactions.

Adyen. Best stripe competitor for high volume transactions.

Adyen offers an end-to-end infrastructure that connects directly to Visa, Mastercard, and other popular payment methods, making it easy for businesses to process payments across multiple channels, including online, mobile, and in-store. This allows for a seamless, frictionless experience for both companies and consumers.

One of the key advantages of Adyen over Stripe is its all-in-one platform, which includes features such as online payments, debit card support, POS transactions, receipt printing, and mobile payments. This allows businesses to streamline their payment processing and easily manage multiple payment types.

Adyen also allows businesses to create unique branded payment experiences and reward loyal shoppers, which can help increase conversions. The platform also offers payouts in all major currencies, making it easy for businesses to handle transactions in different parts of the world.

Adyen is easy to set up; you can get started quickly, add payment methods easily, and accept payments in no time.

Adyen is one of the most excellent Stripe alternatives for businesses looking for a more efficient and customizable way to process payments and manage finances across multiple devices and channels.

Key features of Adyen:

  • ACH payment processing: Streamlining your payment processing by processing ACH payments quickly and easily.
  • Receipt management: Manage and track your sales receipts in one place, providing a convenient solution for receipt management.
  • Recurring billing: Set up recurring payments for customers and automatically bill them on a schedule, saving you time and effort.
  • Debit card support: Process debit card payments securely and efficiently, protecting your business and customers from fraud.
  • POS: Process point-of-sale transactions quickly and easily, improving the customer experience.
  • Mobile payments: Accept payments on the go, providing flexibility for your business.
  • Cash transactions: Process cash transactions securely and efficiently.
  • Electronic Signature: Capture electronic signatures for contracts and other documents, providing a legal and secure way to obtain signatures.
  • Reporting and analytics: Get insights into your payment processing, allowing you to make informed decisions about your business.

Adyen’s pricing:

  • Depending on the payment method and country, Adyen charges a processing fee and commission per transaction.

Related article: 9 Best Shopify Competitors and Alternatives

3. Verifone (2checkout).

Best for selling subscriptions and digital goods.


Verifone is a digital commerce and payments provider that helps companies sell their products and services across multiple channels.

Verifone leverages innovative payment options and subscription billing models to maximize sales conversion rates, allowing businesses to increase their market share by simplifying the complexities of modern eCommerce.

This includes global payments, subscription billing, merchandising, taxes, compliance, and risk management, so businesses can focus on innovating their products and delivering exceptional customer experiences.

One of the standout features of Verifone is its flexibility; whether you need one payment device or one thousand, a simple payment link, or an API, Verifone has all possibilities.

They also support multi-language, multi-currency, and fraud prevention features, making it easy for businesses to do global business and tailor the payment experience for each market segment.

With Verifone, you can market faster with localized pricing, tax, and compliance capabilities in 196 countries.

Verifone is among the best Stripe competitors for businesses looking for an innovative and flexible solution to handle their online payment processing needs and drive sales growth across multiple channels.

Key features of Verifone:

  • Customizable invoices: You can tailor the look of your invoices to match your brand and send them directly to your customers via email.
  • Multi-currency: Verifone supports over 130 currencies, making it easy to do business globally.
  • Tax display and processing: Comply with tax regulations in real-time by displaying the required taxes on invoices and automatically calculating and remitting them to the proper authorities.
  • Online invoicing: Send professional-looking invoices directly to your customers via email.
  • Transaction data management: Access up-to-date data on your transactions, including sales, refunds, and chargebacks.
  • Electronic check processing: Accept payments via eCheck/ACH in addition to major credit cards.
  • Transaction alerts: Receive real-time alerts on your transactions, so you can act quickly to address any issues.
  • Invoice creation: Create invoices directly from the Verifone platform or integrate them with your existing invoicing system.
  • Multiple payment types: Verifone supports over 130 payment types so that you can accept payments from anywhere in the world.
  • Card storage vault: Store customer credit card information securely in the Verifone vault for future use.

Verifone pricing:

  • Verifone charges a 5.5% transaction rate plus a 45¢ per transaction fee.
  • If you currently process more than $50K a month, Contact Verifone to see if you qualify for a volume discount.

4. WePay.

Best for Chase customers.


WePay is an online payment processing and mobile point-of-sale (mPOS) software solution that enables easy and secure payments between buyers and sellers.

This Stripe competitor offers unique features that allow platforms such as Constant Contact, GoFundMe, and Meetup to incorporate payments, so users can start accepting payments within minutes. This opens new growth opportunities and creates seamless payment experiences for customers.

WePay integrates with popular digital wallets like Apple Pay and Android Pay to help ensure high transaction conversions for online payments. For in-person payments, the company’s mobile point of sale (mPOS) solution allows businesses to handle both online and offline payments seamlessly.

Additionally, WePay prides itself on building long-term relationships that scale over time with its clients and supports them throughout their business venture. They provide businesses access to a complete suite of payment solutions with a bank’s scale and a SaaS provider’s efficiency.

This Stripe competitor also offers instant onboarding, same-day deposits, transparent pricing, and flexible card acceptance. And with their dedicated customer support team, you can rest assured that help is always just a phone call away.

Key features of WePay:

  • Debit and credit card processing: Easily accept payments from customers using their debit or credit cards.
  • Recurring and subscription billing: Set up recurring payments so you can get paid regularly or set up subscription billing to automatically bill your customers for the products or services they receive from you.
  • Inventory control: Keep track of your inventory levels and automatically update your customers when items are out of stock.
  • Log management: View all your payment activity in one place, so you can easily track and resolve any issues.
  • Campaign management: Manage and track your marketing campaigns to see which ones perform best.
  • Account tracking: Track all payments made to or from your account, so you can easily see where your money is going.
  • Point of Sale (POS): WePay’s mobile POS solution accepts in-person payments.
  • Dispute resolution: Resolve disputes quickly and easily with WePay’s dispute resolution tools.
  • Fraud protection tools: Protect your platform from fraud with WePay’s fraud protection tools.
  • Document management: Store and manage your essential documents in one place.

WePay pricing:

  • Standard rates for WePay are 2.9% plus 30¢ for card transactions and 1% + 30¢ for ACH transactions, with volume and non-profit discounts available.

5. PayPal.

Best Brick and mortar businesses expanding online.

Paypal. Best Stripe competitor for Brick and mortar businesses expanding online.

If you’re searching for cost-effective and user-friendly competitors to stripe to increase conversion rates, find active buyers, and scale into new markets, PayPal is your payment processing solution.

One of the biggest advantages of PayPal over Stripe is its versatility. PayPal offers three different options to choose from – Payments Standard, Pro, and Payflow – each tailored to meet the specific needs of your business.

Payments Standard enables you to receive all major credit and debit cards from customers, Pro offers added protection against fraud attempts, and Payflow is designed for constantly travelling entrepreneurs who need to send invoices directly through email.

Another advantage of PayPal is its world-class fraud protection tools. As the world’s largest data set, PayPal helps you better understand customer behavior, detect fraud, and capture more revenue.

Whether selling on an online store, on social media, or in person, PayPal makes it easy to receive and send payments anywhere in the world. With over 400+ million PayPal accounts and 26 million businesses already using these services, it’s a tried and tested alternative to Stripe.

PayPal is an excellent Stripe competitor for businesses looking for a user-friendly, cost-effective, and versatile solution to optimize payment processing and boost sales.

Key features of PayPal:

  • Barcode and ticket scanning: Customers can use their smartphones to scan a QR code or barcode to pay.
  • Restaurant POS: A restaurant POS system can help you take payments quickly and efficiently.
  • Customer communication: Communicate with customers about their order status, upcoming promotions, and more.
  • Manual payment entry: If you need to make a payment over the phone or in person, you can manually enter the payment information.
  • PCI regulation compliance: PayPal is compliant with PCI regulations, so you can be confident that your business is protected.
  • E-Commerce software integration: Integrate PayPal with your e-commerce software to make payments easy and seamless.
  • Order management: Track and manage orders from start to finish to keep track of your inventory.
  • Invoice creation, processing, and history: Send invoices directly to customers, track payments, and view payment history.
  • Sales reports: Stay on top of your sales with reports that show you what’s selling and where.
  • Receipt printing: Print receipts for customers so they have a record of their purchases.

PayPal pricing:

  • PayPal pricing is based on transactions. 2.5% plus Fixed fee ($0.041)

Related article: 7 Best Bigcommerce Competitors and Alternatives

6. Authorize.Net.

Best for businesses that need only a payment getaway.

Authorize.Net. Best Strip competitor for businesses that need only a payment getaway.

Authorize.Net is a strong competitor to Stripe, which offers versatile, cloud-based point-of-sale software that helps businesses accept various in-person and online payments.

The biggest advantage of Authorize.Net over Stripe is its customization capabilities. The software makes it easy to add tax rates and email bills to customers, allowing businesses to streamline their payment processing and make life easier for their customers.

And since it’s all managed through the cloud, businesses can focus on what they do best without worrying about the technical details.

Another great feature of Authorize.Net is its Virtual Terminal, which allows businesses to submit manual orders quickly and securely. This is perfect for companies of all sizes that want to offer their eCommerce customers various payment options online, including PayPal, Visa, Mastercard, Apple Pay, Discover, and more.

Authorize.Net is a great Stripe alternative for businesses looking for a versatile and customizable solution to handle their online payment processing needs.

Key features of Authorize.Net:

  • Pricing management: Easily set up different pricing plans for your products or services.
  • Ordering automation: Automate your ordering process to save time and improve efficiency and customer experience.
  • Loyalty program: Encourage customer loyalty and repeat business with a rewards program.
  • Performance and reliability: Enjoy high performance and reliability with PayPal’s world-class infrastructure.
  • Commission management: Manage commissions for sales staff, partners, or affiliates.
  • Discount management: Create discounts and promotional codes to encourage customers to buy more.
  • Sales tracking: Track sales and performance with PayPal’s reporting and analytics tools.
  • Multi-location: Sell in multiple locations with support for over 150 currencies.
  • Customer account profiles: Create customer profiles to store information for repeat customers.

Authorize.Net pricing:

  • Net charges 2.9% plus .30 per transaction, $49 setup, $25 monthly gateway + free additional services.
  • Partner merchant account fees may vary; visit Authorize.net for more details.

7. Shift4.

Best Payments and Commerce payment processor.

Shift4. Best overall payment processing solution.

Shift4’s primary focus is on simplifying the complex payment ecosystems that exist across the world, and in doing so, it enables billions of transactions to occur annually.

The company is one of the best Stripe competitors that provides end-to-end payment processing solutions for businesses in various industries.

The company works with merchants in the Food & Beverage, Hospitality, Sports & Entertainment Venues, eCommerce, Casinos & Gaming, Retail, and Specialty industries, providing them with a comprehensive suite of payment processing solutions designed to meet their unique needs.

One of the standout features of Shift4 is its wide range of products and services designed to help businesses grow and succeed. These include loyalty programs, gift card programs, and data analytics tools, which can help businesses make data-driven decisions and streamline their operations.

Shift4’s payment processing solutions are designed to be cutting-edge and future-proof, with enterprise reporting and actionable insights that allow businesses to stay ahead of the curve.

Key features of Shift4:

  • POS transactions: Point-of-sale (POS) transaction processing solutions help businesses streamline their payment processes.
  • Debit card support: If your business accepts debit cards, Shift4 can provide you with the tools and services you need to process these transactions.
  • Receipt printing: You can use Shift4’s receipt printing services to print receipts for your customers.
  • Reporting & Analytics: Track and analyze your payment data to understand your business better and make more informed decisions.
  • Recurring billing: Automate your billing process and save time on administrative tasks.
  • Gift card management: Shift4’s gift card management solutions make it easy to sell and redeem gift cards.

Shift4 pricing:

  • Contact Shift4 for pricing.

8. Amazon Pay.

Best for businesses that use the Amazon structure.

Amazon Pay. Best Stripe competitor for businesses that use the Amazon structure.

Another top competitor to Stripe in online payment service is Amazon Pay, a customer-centric payment processing solution offered by Amazon.

Amazon Pay focuses on simplifying the checkout process for customers and making it easy for them to pay for products and services using the information already stored in their Amazon accounts. This focus on the customer experience is evident in every service aspect, from the streamlined checkout process to the robust security features.

One of the standout features of Amazon Pay is its security and fraud prevention, which leverages the same technology trusted by hundreds of millions of Amazon customers. This helps to increase consumer confidence and enhance the checkout experience.

Amazon Pay accepts credit and debit cards and has a smooth customer checkout process. Amazon Pay is an excellent Stripe alternative for businesses looking for a customer-centric and secure payment processing solution.

Key features of Amazon Pay:

  • Customer communication: Provides a seamless way for customers to communicate with merchants, making it easy to ask questions or resolve issues.
  • Omnichannel: Amazon Pay can be used across all channels, including online, mobile, in-app, and in-person.
  • POS Verification: Verify a customer’s identity at the point of sale using Amazon Pay’s built-in verification feature.
  • Multiple payment options: Gives customers the flexibility to pay using their Amazon account balance, credit or debit card, or promotional financing.
  • MIS Reports: Provides merchants with valuable insights into customer behavior and spending patterns.
  • Digital wallet integration: Allows customers to use their Amazon Pay balance to pay for goods and services on other websites and apps that accept digital wallets.
  • E-commerce Integration: Makes it easy for merchants to add Amazon Pay to their existing e-commerce platforms.
  • Payment Fraud Prevention: Protects merchants from fraud and chargebacks with Amazon Pay’s advanced security features.

Amazon Pay pricing:

  • Amazon Pay’s pricing is transaction-based.

9. Payoneer.

Best Stripe alternative for Cross border payments.


Payoneer is a robust and feature-rich global payment solution that enables businesses of all sizes to manage their international payments easily.

The payment platform offers a comprehensive payment solution that allows businesses to bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter their location.

This solution has empowered thousands of businesses to grow and scale internationally and opened new opportunities for entrepreneurs and digital brands worldwide.

One of the standout features of Payoneer is its ability to handle borderless payment transactions, making it easy for businesses to participate in the global economy. This allows companies to access capital, manage their digital business, and open up new revenue streams.

With its technology, confidence, and connections, Payoneer promises businesses the ability to participate and flourish in the new global economy.

Key features of Payoneer:

  • Data security: All sensitive data is encrypted and stored securely.
  • Reporting and Analytics: Comprehensive reports are generated to help businesses track their payments and understand their spending patterns.
  • Payment processing: Payoneer offers a variety of payment options, including credit cards, bank transfers, and e-wallets.
  • POS terminals: Businesses can accept in-person payments through Payoneer’s POS terminals.
  • Transfer Key information to banks: Businesses can quickly and easily transfer critical information, such as invoices and receipts, to their banks.
  • Generate comprehensive reports: Detailed reports are generated to help businesses track their payments and understand their spending patterns.
  • Pay services: Payoneer offers various payment services, including payroll, invoicing, and tax compliance.
  • Payment analytics: With Payoneer’s payment analytics feature, businesses can track their payments and spending patterns.

Payoneer pricing:

  • Payoneer prices are transaction based.

Related article: 9 Best WooCommerce alternatives

What Is Stripe?

Stripe is a popular online payment processing platform that allows businesses to accept and manage online payments.

Founded in 2010, Stripe provides a simple, powerful API that can be integrated into any website or mobile app. With Stripe, businesses can efficiently process payments, prevent fraud, create invoices, and manage refunds.

Stripe’s technology is trusted by many large companies, such as Amazon and Facebook, and supports over 100 million daily transactions. The platform charges a 2.9% + $0.30 fee for each transaction.

How to choose the best Stripe competitors.

So, how do you choose the best stripe alternative for your business? Here are key features to look for:

Security and Compliance

When handling online payments, you need a security and compliance-compliant processor.

Look for one that offers robust fraud protection measures to ensure your customers’ data is safe while complying with industry best practices by implementing velocity checks or AVS matching techniques to protect against unauthorized transactions at all costs!

Ease of use

Think about your time when choosing a payment processor. Complexity is the last thing you need!

You want one that is easy for you and simple enough so others can understand how it works without having too many options or complications at once!

Square has been known for its simple interface; similarly, PayPal with specific functions or Adyen makes using payments in sales very easy.

Transaction fees

Some payment processors charge a flat fee per transaction, while others charge a percentage of the transaction amount.

Payment processors also offer tiered pricing, with different fees for different transaction amounts.

Compare these options before selecting a payment processor for your business.

Doing so will help you save money and get the best possible deal.

Currency support

Which countries do you want to accept payment from?

Then, check if any processors support those nations. If so, find one with lower fees and better features for your business!

With many different companies offering payment processing services, it’s easy enough finding the perfect match in no time at all.

Payment methods

The platform you choose should support the payment methods your customers use.

Otherwise, you could lose out on sales. Most platforms will support major credit cards and PayPal.

However, if you’re selling internationally, you’ll also need to consider other payment methods, such as Alipay and WeChat Pay.

Make sure to research the payment methods used in your target market before selecting a platform. Otherwise, you could end up losing out on sales.

Developer friendliness

Developers need to be able to integrate the platform with other software easily.

Good documentation and ease of use are essential for this to happen.

The last thing you want is for your developers to struggle to figure out how to use the payment processor.

This can lead to integration delays and even cause some payment processors to be abandoned altogether.

Ensure your payment processor is developer friendly to avoid these problems.

Support and customer service

Not only do you need to be able to rely on the platform to process payments quickly and securely, but you also need to know that there is someone you can contact if something goes wrong.

When choosing a payment processor, consider the level of customer support offered.

That way, you can be confident that you will always have someone to turn to if you need help.

Global reach

Choosing a payment platform with good global coverage is essential if you plan to do business in multiple countries.

First, you’ll want to ensure the payment processor has partnerships with local banks in the countries you’re doing business in to ensure that your customers can easily and quickly process payments.

Second, you’ll want to ensure that the payment processor can handle multiple currencies to avoid costly exchange fees and that your customers can pay in their local currency.

By considering these factors, you can be sure to choose a payment platform that has good global coverage and can meet your business needs.

Stripe Competitors and alternatives: Wrap up.

So, you have nine of the best Stripe alternatives for eCommerce businesses.

These payment processors offer similar features and benefits to Stripe, but each has unique selling points that may make it a better fit for your business.

All in all, Square is the best Stripe alternative for eCommerce. If you want a payment gateway that can handle online transactions and brick-and-mortar sales, Square should be your go-to choose.

Have you tried any of these payment processors? What was your experience? Let us know in the comments below.

Further reading at Techgumb.com: Do you want to start selling online but want to use free Woocommerce plugins?  This post on the 7 Best Free Plugins for WooCommerce can help you.

Disclosure: Some of the links in this article may be affiliate links, which can provide compensation to me at no cost to you if you decide to purchase a paid plan. These are products I’ve personally used and stand behind. This site is not intended to provide financial advice and is for entertainment only. You can read our affiliate disclosure in our privacy policy.

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