The best Stripe competitors enable seamless payment acceptance across multiple channels. Companies choose alternatives for lower rates, native point-of-sale software or to accommodate their business model.
We assessed 16 Stripe alternatives, spent over 20 hours speaking with customer service representatives and consulted with dozens of merchants. Our evaluation considered more than 35 factors, including pricing, ease of use and features. Find a top-rated solution by exploring payment processors like Stripe.
Featured credit card processing offers
Via Stax’s website
Monthly fee
$99
Swiped transaction fee
7¢ to 10¢ + interchange rate
Via Merchant One’s website
Monthly fee
$13.95
Swiped transaction fee
0.29% to 1.55% per transaction
Via Payment Depot’s webiste
Free Trial
No
Offers
$0 Setup & No Cancellation Fees
Pricing
Customized Interchange+ Pricing – Rates as low as 0.2% – 1.95%
Via Clover’s website
Monthly fee
$14.95
Swiped transaction fee
2.6% + 10¢
Best Stripe alternatives
- Square: Best free POS and hardware for startups.
- PayPal: Most flexible solution for digital payments.
- Helcim: More affordable for growing companies.
- Paysafe: Best for high-risk industries.
- Elavon Payment Processing: Outstanding transaction analytics.
- Clover: Best hardware options for brick-and-mortar stores.
- ProMerchant: Ideal for personal support services.
- Intuit Payments: Better for integrated invoice payments.
- National Processing: Best for custom e-commerce integrations.
Why you can trust our small business experts
Our team of experts evaluates hundreds of business products and analyzes thousands of data points to help you find the best product for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below.
- 25 companies reviewed.
- 40 hours of product testing.
- 1,025 data points analyzed.
Best free POS and hardware for startups.
Square
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$0
Online transaction fee
2.9% plus $0.30
Free equipment
Yes
What you should know
Square is a third-party payment processor that supports in-person, online and mobile transactions. New companies choose Square over Stripe because it’s easier to deploy, offers basic business tools and has a more extensive hardware selection. Indeed, Square is the best Stripe alternative for startups wanting an out-of-the-box point-of-sale (POS) and payment processing solution.
Like Stripe, Square displays rates online and doesn’t require long-term contracts. Both processors charge 2.9% plus $0.30 per transaction for online sales. In-person prices differ, Square costs 2.6% plus $0.10 per purchase and Stripe is 2.7% plus $0.05.
Aside from payment processing, startups can manage inventory and track customer purchases. Square provides free POS software with built-in customer relationship management (CRM) tools, whereas Stripe doesn’t have an integrated POS system. However, high-risk businesses or high-volume sellers may prefer another Stripe competitor, such as Paysafe or ProMerchant.
Learn More: Read our full Square review.
Pros and cons
Pros
- Pricing is similar to Stripe.
- Robust POS system.
- No long-term contracts.
Cons
- Limited support for high-risk industries.
- Custom rates only if processing over $250,000 annually.
- No cross-border card payments while traveling internationally.
Most flexible solution for digital payments
PayPal
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$0
Online transaction fee
2.59% plus $0.49
Free equipment
No
What you should know
PayPal is a user-friendly Stripe alternative and a well-known consumer payment method. It’s the best Stripe competitor for flexible digital payments because it offers many solutions, from payment buttons to custom integrations.
While Stripe lacks POS software, PayPal provides PayPal Zettle. It’s an out-of-the-box processing and POS solution that supports contactless payments like Apple Pay. Retailers can add no-code buttons to their websites or use quick response (QR) codes. Besides major credit cards and digital methods, PayPal offers Venmo and buy now, pay later options.
Businesses looking for payment processors like Stripe appreciate PayPal’s international support. PayPal works in 202 countries, whereas Stripe is supported in 46.
However, PayPal’s rate structure is complex, and some merchants report delayed or frozen funds. Additionally, PayPal must preapprove certain services or items before merchants can accept payments.
Learn More: Read our full PayPal review.
Pros and cons
Pros
- Highly recognizable and trusted customer brand.
- Offers many digital payment solutions, including Venmo.
- Great e-commerce integration capabilities.
Cons
- Funds may be delayed or frozen.
- Confusing payment processing rate list.
- Not all high-risk businesses are supported.
More affordable for growing companies
Helcim
Blueprint Rating
Via Helcim's website
Starting monthly fee
$0
Online transaction fee
2.49% plus $0.25
Free equipment
No
What you should know
Helcim is a merchant account provider offering transparent pricing and a free POS system for unlimited users. Growing businesses looking for cheaper alternatives to Stripe appreciate Helcim’s scalable rate structure. As your processing volume increases, Helcim automatically reduces your rates. Also, Helcim is among the top-rated providers on our list of the cheapest credit card processing for small businesses.
Helcim’s business tools include free invoicing software and subscription management. Unlike Stripe, Helcim doesn’t charge extra for recurring payments. We like that Helcim offers five price tiers, with Helcim’s margin ranging from 0.15% to 0.40% plus $0.06 to $0.08 per transaction. Although this is on top of the interchange fees, companies with higher sales volumes could receive lower rates through Helcim than Stripe’s flat rate pricing model.
However, Helcim integrates with fewer third-party platforms than Stripe. For more e-commerce flexibility, check out PayPal or National Processing. Likewise, Helcim doesn’t work with most high-risk businesses, like drop shippers or car rental agencies. It sells a smart terminal and a card reader, but you can’t purchase POS terminals, printers or kitchen systems.
Learn More: Read our full Helcim review.
Pros and cons
Pros
- No monthly or termination fees.
- Transparent rates decrease as volume increases.
- Excellent suite of free business tools.
Cons
- Fewer third-party integrations than Stripe.
- Doesn’t work with all high-risk companies.
- Offers fewer hardware options than Clover or Square.
Best for high-risk industries
Paysafe
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$12.95
Online transaction fee
Varies
Free equipment
No
What you should know
Paysafe is the best Stripe alternative for high-risk businesses. It has 25 years of experience in the payment industry and approves merchants often turned away by other processing companies. Paysafe works with i-gaming, travel and airline agencies, direct marketing firms, trading and crypto services.
We were impressed with Paysafe’s risk and fraud tools, which allow business owners to view on-demand reports and set customizable fraud filters.
Paysafe is a SwipeSimple and Clover reseller, giving companies several software and hardware options. The cash discount and surcharge programs offer solutions to reduce credit card processing costs.
Paysafe supports slightly fewer currencies (40) and processing regions (across the E.U., U.K. and North America) than Stripe. While Stripe discloses rates on its website for each transaction type, Paysafe provides limited details. The processor also receives poor ratings for its customer service department, which could be a red flag.
Learn More: Read our full Paysafe review.
Pros and cons
Pros
- Enables global payments.
- Supports travel, gaming and crypto industries.
- Has fraud-risk tools.
Cons
- Limited pricing information online.
- Fewer supported currencies and international locations than Stripe offers.
- Negative customer service reviews by users.
Outstanding transaction analytics
Elavon Payment Processing
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$0
Online transaction fee
Varies
Free equipment
No
What you should know
For a Stripe alternative with exceptional analytics, consider Elavon Payment Processing. Merchants can customize reports to view high-level and granular details about chargebacks, card brands and more. The reporting tools provide 17 data field filters, and the interactive dashboards keep leaders updated on the latest payment information.
Elavon designs industry-specific solutions and may work with some high-risk businesses on a case-by-case basis. Yet, it lacks the pricing transparency Stripe provides. Companies must request a quote and review the terms carefully for administrative fees.
Although merchants cite longer customer service wait times, Elavon offers multilingual support and is suitable for international payment processing. Small businesses and startups may prefer a more straightforward solution like Square.
Learn More: Read our full Elavon Payment Processing review.
Pros and cons
Pros
- Compatible with many industries.
- Multi-currency and global payment support.
- Customizable reporting analytics.
Cons
- Longer approval and setup process.
- Merchants report issues with customer service.
- No pricing transparency like Stripe offers.
Best hardware options for brick-and-mortar stores
Clover
Blueprint Rating
Via Clover's website
Starting monthly fee
$14.95
Online transaction fee
3.5% plus $0.10
Free equipment
No
What you should know
If you’re looking for a Stripe competitor to equip your store or restaurant with payment and POS hardware, check out Clover. It supplies mobile credit card readers, dual-side POS systems and compact tablet units. Even professional and field workers may prefer Clover’s convenient mobile units (Clover Go) as a cheaper alternative to Stripe. Clover Go’s in-person transaction fee is 2.6% plus $0.10 vs. 2.7% plus $0.05 for Stripe.
Brick-and-mortar businesses can build an online presence with Clover’s e-commerce solutions. It seamlessly integrates with BigCommerce and supports online marketplaces like Facebook, Amazon, eBay, Instagram and Etsy. Companies can leverage Order with Google or provide delivery services through Uber Eats, Postmates or DoorDash. In addition, Clover’s accounting and payroll integrations reduce manual data entry.
However, in most cases, you will pay higher upfront costs for Clover compared to Stripe due to the hardware fees and POS software (which Stripe doesn’t offer). The investment is long-term, as other processing solutions may not work with Clover’s equipment.
Learn More: Read our full Clover review.
Pros and cons
Pros
- Supplies hardware for in-store and mobile sales.
- Integrates with online marketplaces and e-commerce platforms.
- Syncs with common accounting programs.
Cons
- Potentially higher upfront costs and monthly fees than Stripe.
- Other merchant services may not work with Clover hardware.
- Pricey online processing fees.
Ideal for personal support services
ProMerchant
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$5.95
Online transaction fee
Varies
Free equipment
Yes
What you should know
ProMerchant is a credit card processing company dedicated to helping businesses navigate merchant services. It’s the best Stripe alternative for personalized support because every company can access a responsive team from the day they start the approval process. Application approvals occur within two to 24 hours, and merchants can accept payments within 48 to 72 hours. Moreover, ProMerchant doesn’t charge early termination fees or require long-term contracts.
Although it lacks online rate transparency, ProMerchant explains its pricing models. It offers an interchange-plus fixed rate or zero-cost processing plan. Both have monthly fees.
ProMerchant doesn’t provide many e-commerce integration details online. However, the merchant company provides gateway and technical support experts to help businesses set up online payment processing. Likewise, your account director or support expert assists with card reader or terminal setup and operation. ProMerchant supplies reporting tools and analytics. However, it doesn’t have a built-in POS system like Square or Helcim.
Learn More: Read our full ProMerchant review.
Pros and cons
Pros
- Offers two pricing models.
- Quick account approval process.
- High-rated customer support services.
Cons
- No rate information listed.
- Fewer free tools than Square or Helcim.
- Doesn’t provide many e-commerce integration details online.
Better for integrated invoice payments
Intuit Payments
Blueprint Rating
Get estimates from participating partners
Starting monthly fee
$0
Online transaction fee
2.99%
Free equipment
No
What you should know
Intuit Payments supports in-store, mobile, online and invoice transactions. However, its straightforward pay-as-you-go or subscription-based pricing makes Intuit Payments a cheaper alternative to Stripe. Whereas Stripe charges 0.4% to 0.5% per paid invoice (on top of the processing fee of 2.9% plus $0.30), businesses pay a flat rate (2.99%) through Intuit Payments.
In addition, companies processing over $2,500 monthly through Intuit Payments may qualify for discounted rates. There are no monthly fees or minimums with a free QuickBooks Money plan, whereas each paid Stripe invoice still incurs another 0.4% to 0.5% fee.
We love that Intuit Payments handles multiple payment methods, including PayPal and Venmo, which Stripe doesn’t support. And, like Stripe, Intuit Payments offers payment links. Intuit Payments provides real-time invoice tracking and same-day or next-day deposit options.
We wish Intuit offered 24/7 customer support and a complimentary card reader like Square. Its merchant services integrate seamlessly with QuickBooks software, but it’s not a good fit for companies that use third-party accounting programs like Xero or Wave.
Learn More: Read our full Intuit Payments review.
Pros and cons
Pros
- Supports digital wallets such as PayPal, Venmo and Apple Pay.
- Potentially cheaper Stripe alternative per transaction for invoicing.
- Offers same-day or next-day deposits.
Cons
- Not compatible with most third-party accounting programs.
- QuickBooks Payments doesn’t have 24/7 customer service.
- No free mobile card reader.
Best for custom e-commerce integrations
National Processing
Blueprint Rating
Via National Processing's website
Starting monthly fee
$9.95
Online transaction fee
2.9% plus $0.30
Free equipment
Yes
What you should know
National Processing is a cost-effective Stripe competitor offering multiple application programming interfaces (APIs) and e-commerce integrations. Unlike Stripe, eligible merchants can receive a free terminal and mobile card reader. It provides a complimentary gateway setup and works with companies canceled or turned down by other merchant account providers.
National Processing recommends its gateway for sites built from the ground up, as businesses can save money compared to using Authorize.net. Aside from custom integrations, National Processing integrates seamlessly with BigCommerce (a feature also offered by Clover). Ecwid users can deploy National Processing right from their control panel. Other e-commerce platforms like WooCommerce, Zendesk, OpenCart and Shopify may require third-party plugins or have additional fees.
National Processing lacks the value-added services Square and Helcim provide, like POS software.
Learn More: Read our full National Processing review.
Pros and cons
Pros
- Multiple ecommerce integrations available.
- Offers free hardware.
- Multiple APIs for connecting payment gateways.
Cons
- Could be more expensive for low-volume sellers.
- No QuickBooks Online integration.
- Fewer complimentary features than Helcim or Square.
Featured credit card processing offers
Via Stax’s website
Monthly fee
$99
Swiped transaction fee
7¢ to 10¢ + interchange rate
Via Merchant One’s website
Monthly fee
$13.95
Swiped transaction fee
0.29% to 1.55% per transaction
Via Payment Depot’s webiste
Free Trial
No
Offers
$0 Setup & No Cancellation Fees
Pricing
Customized Interchange+ Pricing – Rates as low as 0.2% – 1.95%
Via Clover’s website
Monthly fee
$14.95
Swiped transaction fee
2.6% + 10¢
Top Stripe competitors compared
PAYMENT STRUCTURE | ACCEPTS HIGH-RISK MERCHANTS | OFFERS FREE POS SOFTWARE | 24/7 CUSTOMER SERVICE | LEARN MORE | |
---|---|---|---|---|---|
Stripe | Flat rate or custom | Preapproval required | No | Yes | Stripe review |
Square | Flat rate or custom | No | Yes | No | Square review |
PayPal | Flat rate and interchange-plus | Preapproval required | Yes | No | PayPal review |
Helcim | Interchange-plus or fee-saver | Case-by-case basis | Yes | No | Helcim review |
Paysafe | Interchange-plus and membership | Yes | No | No | Paysafe review |
Elavon Payment Processing | Interchange-plus and surcharge | Case-by-case basis | No | Yes | Elavon Payment Processing review |
Clover | Flat rate | No | No | Yes | Clover review |
ProMerchant | Interchange-plus fixed rate or zero-cost processing | Yes | No | Yes | ProMerchant review |
Intuit Payments | Flat rate and custom | No | No | No | Intuit Payments review |
National Processing | Interchange-plus | Yes | No | Yes | National Processing Review |
Methodology
We extensively research the key competitors within an industry to determine the best products and services for your business. Our experts identify the factors that matter most to business owners, including pricing, features and customer support, to ensure that our recommendations offer well-rounded products that will meet the needs of various small businesses.
We collect extensive data to narrow our best list to reputable, easy-to-use products with stand-out features at a reasonable price point. And we look at user reviews to ensure that business owners like you are satisfied with our top picks’ services. We use the same rubric to assess companies within a particular space so you can confidently follow our blueprint to the best credit card processing of 2023.
The best credit card processing companies have positive user reviews on customer review sites. Credit card processing companies should provide customers with fast and reliable support. Using a combination of phone support, live chat and knowledge bases, customers should be able to quickly resolve issues 24/7.
Credit card processing should be available to most business types (including high-risk merchants), affordably priced compared to competitors and various equipment options should be available to accept payments in various scenarios. Pricing should be competitive. Monthly fees should result in lower transaction fees. Volume-based discounts should benefit high-transaction businesses. And chargeback fees should be minimized.
The best credit card processing companies should offer free hardware to accept payments. Equipment and processing should uphold strict payment privacy and security standards. And the processor should guarantee PCI compliance.
All credit card processing companies should expand on a basic feature set that includes mobile apps, reporting dashboards, invoicing, data exports, contactless payments and software integrations.
What is Stripe and how does it work?
Stripe is an online payment processor known for its transparent pricing and e-commerce integrations. Aside from custom integrations, Stripe’s low and no-code solutions include pre-built Lightspeed and Squarespace connections, payment links and in-person payments. It supports over 100 payment methods, including buy now, pay later and digital wallets.
Small businesses and large enterprises use Stripe to sell cross-border to over 195 countries. Stripe provides predictable rates and pay-as-you-go pricing without monthly fees. More than 100 tools come with its integrated per-transaction pricing model, such as financial reporting, optimized checkout flows and a unified dashboard.
Learn more in our full Stripe review.
When should you look for Stripe alternatives?
Although millions of businesses use Stripe, alternatives may offer lower rates or more personalized support.
Consider Stripe competitors in cases such as:
- You need a built-in POS system: Stripe’s feature-rich platform doesn’t include POS software. Square and Helcim provide free POS tools for managing product and inventory data, viewing sales trends and processing in-person payments. Likewise, Clover offers all-in-one POS and processing solutions for retail, restaurant and service industries.
- You prefer an integrated accounting and invoicing solution: While Stripe has billing and invoicing options, you must sync it to a separate accounting program. Intuit Payments is a cheaper alternative to Stripe and syncs with QuickBooks bookkeeping software. Existing QuickBooks users can add this service to their account, which is easier than signing up for a third-party payment processor.
- You want to auto-scale processing fees: Although Stripe offers custom rates in certain instances, you must apply when your sales volume or circ*mstances change. Conversely, Helcim automatically switches your company to the next tier when you qualify for lower rates. This can result in greater savings, making Helcim a cheaper Stripe alternative.
- Your company is considered high-risk: Stripe must preapprove businesses that operate in some industries, such as travel and cryptocurrency businesses. User reviews suggest that some companies may face frozen or delayed funds. For these reasons, you may prefer working with a payment processor familiar with high-risk services. Paysafe provides the most transparency around accepted industries, but National Processing also considers high-risk businesses.
- Your business requires hardware: Business users can configure Stripe to work with existing hardware, but it only sells mobile card readers and terminals, not POS systems. If you want to equip your restaurant or retail store with countertop stations and give staff portable devices, consider partnering with Square or Clover. Both have a full range of solutions. Paysafe is a Clover reseller and can assist high-risk businesses with hardware purchases.
How to choose the best credit card processor
Accepting electronic payments can increase your sales. Indeed, a Fiserv survey found that “most banking consumers prefer to utilize cards as their primary payment method compared to other options like cash, checks or buy now, pay later (BNPL).”
However, the best credit card processing companies do more than enable payment acceptance. They can optimize check-out experiences, supply real-time insights and reduce fraud. Follow these steps to select a merchant account provider.
1. Determine where and how you will process payments
Since payment processors offer different types of hardware and online integrations, companies should assess their requirements. For instance, an online-only business doesn’t need to worry about buying physical terminals, but it must find a service that syncs with its current e-commerce platform.
Consider the following questions:
- Will employees need mobile card readers for iOS and Android devices, or will you use standalone portable terminals?
- Do you want an all-in-one POS and processing hardware, or does your payment processing service and hardware need to integrate with an existing POS system?
- How do your customers prefer to receive receipts (paper, email or text)?
- Do you require a virtual terminal, online payment gateway, payment links or invoicing tools?
- Do you need to integrate your credit card processing service with an existing e-commerce platform or want the provider to offer a checkout solution?
- Do you want to accept electronic payments when the internet isn’t available?
2. Consider your company’s transaction volume and payment types
Modern payment processors accept most major credit and debit cards. Many services allow businesses to add ACH processing. However, the best merchant services also support digital wallet apps, which help companies increase sales. Stripe alternatives like Intuit Payments accept PayPal, Venmo and others.
The payment processor’s rate structure also matters. Many Stripe competitors charge a flat rate based on the payment type (in-person versus online). It’s easier to estimate your processing costs than interchange-plus pricing. Therefore, this method is often favored by businesses with lower transaction volumes.
Companies with higher transaction volumes or sellers of high-ticket items may prefer the interchange-plus pricing model. It varies based on the card customers use and payment method. However, merchant service providers may offer volume-based discounts and more competitive rates than you’ll find with flat-rate service plans.
3. Review payment processing providers and services
Once you decide on a pricing model, hardware options and integrations, it’s time to evaluate services and features. Read through software reviews and user feedback. Also, see if your professional network or industry groups have any suggestions.
Although some Stripe alternatives provide rate information online, others require a custom quote. Follow up by interacting with the providers’ customer support teams and asking for clarification about rates, contract terms, integrations or PCI compliance.
Key features to look for
Credit card processing platforms provide essential tools for managing payments. Confirm that competitors to Stripe meet basic expectations.
At a minimum, reputable merchant account providers should offer the following features and services:
- An online portal. Merchants can access account and payment details through a user-friendly interface or mobile app.
- Virtual terminal. Merchants enter CNP transaction information through a web-based portal or mobile app to complete phone or mail-in orders.
- Integrations. Basic accounting, website and POS integrations sync payment information to existing software programs.
- Basic reporting. You can generate and export reports about payment methods and authorizations.
- Customer support. Service representatives should respond quickly and be knowledgeable about your account, merchant services and processing terms.
Add-ons and extras
Payment processors like Stripe offer far more than credit and debit processing. They supply tools to help your company succeed and overcome challenges.
Features vary by provider and may include:
- POS software. Native point-of-sale programs eliminate the need for integrating third-party tools. Square, Clover, Helcim and PayPal offer built-in POS systems.
- Fraud prevention. Sophisticated fraud detection systems can prevent online theft and platform manipulation, resulting in payment disputes.
- Invoicing tools. Built-in billing and invoicing tools allow companies to request and accept payments from a single platform.
- PCI compliance services. Credit card processors may handle PCI compliance on your behalf, which can alleviate the hassle of self-certifying or hiring a third party to manage your security.
- Chargeback support. Disputes can be time-consuming. Some processors like Elavon provide online portals and additional assistance to help you manage the process and reduce chargebacks.
Pricing and budget
STARTING MONTHLY FEE COST | FREE HARDWARE | IN-PERSON TRANSACTION FEE | ONLINE TRANSACTION FEE | CHARGEBACK FEE | |
---|---|---|---|---|---|
Stripe | $0 | No | 2.7% plus $0.05 | 2.9% plus $0.30 | $15 |
Square | $0 | Yes | 2.6% plus $0.10 | 2.9% plus $0.30 | $0 |
PayPal | Varies | No | 2.29% plus $0.09 | 2.59% plus $0.49 | $15 to $30 |
Helcim | $0 | No | 1.93% plus $0.08 | 2.49% plus $0.25 | $0 to $15 |
Paysafe | $12.95 | No | Varies | Varies | $25 |
Elavon Payment Processing | $0 | No | Varies | Varies | $20 |
Clover | $14.95 | No | 2.6% plus $0.10 | 3.5% plus $0.10 | $25 |
ProMerchant | $5.95 | Yes | Varies | Varies | $25 |
Intuit Payments | $0 | No | 2.50% | 2.99% | $25 |
National Processing | $9.95 | Yes | 2.5% plus $0.10 | 2.9% plus $0.30 | $35 |
Many Stripe competitors offer flat rate or interchange-plus pricing models. PayPal has lower flat rate fees for online and in-person transactions than other Stripe alternatives, whereas Clover costs more for card-not-present payments.
Fees are less predictable with the interchange-plus model and, therefore, harder to compare. Elavon, ProMerchant and Paysafe provide fewer pricing details than Stripe. Their rates differ by merchant, card type and capture method. Helcim stands out for its transparency, showing pricing tiers and average costs.
Featured credit card processing offers
Via Stax’s website
Monthly fee
$99
Swiped transaction fee
7¢ to 10¢ + interchange rate
Via Merchant One’s website
Monthly fee
$13.95
Swiped transaction fee
0.29% to 1.55% per transaction
Via Payment Depot’s webiste
Free Trial
No
Offers
$0 Setup & No Cancellation Fees
Pricing
Customized Interchange+ Pricing – Rates as low as 0.2% – 1.95%
Via Clover’s website
Monthly fee
$14.95
Swiped transaction fee
2.6% + 10¢
Frequently asked questions (FAQs)
Square stands out from Stripe competitors as the best credit card processing company. Companies can begin accepting and tracking sales quickly with a convenient online approval process, a built-in POS system and no upfront costs.
Look for a payment processor that works where and when you need it. It should support your e-commerce or in-person sales objectives and provide online reporting tools. Remember to review terms carefully and avoid hidden fees that drive up the costs of accepting electronic payments, such as high chargeback fees.
Stripe is a Level 1 PCI Service Provider, the most rigorous payment sector rank. It undergoes regular audits and proactively monitors the internet for compromised API keys. Stripe safeguards its payment infrastructure with routine vulnerability scans, penetration testing and server upgrades.
Stripe charges 2.9% plus $0.30 per transaction for all online credit card and wallet payments made online. It doesn’t have any setup or monthly fees.