9 Best Stripe Competitors and Alternatives For 2022

Isaac Sseyonga

Isaac Sseyonga

9 Best Stripe Competitors and Alternatives For 2022

Searching for the best Best Stripe competitors and alternatives?

If you’re like me, you’ve probably heard much about Stripe in the past year or so.

It’s touted as the best way to process payments online, and for a good reason – it’s incredibly simple to use and has tons of great features.

But what if you’re not happy with Stripe? Is there a good Stripe alternative out there?

As it turns out, there are quite a few!

I’ll review nine of the best Stripe competitors and alternatives in this post. Some of these options are well-known, while others may be new.

So, whatever your reason for wanting to switch from Stripe, I’m sure you’ll find the perfect solution here.


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 Stripe competitor for eCommerce businesses.

Square - Best stripe competitor for eCommerce businesses

Square helps businesses of all sizes run and grow, from tech startups to brick-and-mortar shops.

Whether selling in person, online, over the phone or out in the field, Square gives you the features you need to take payments and track inventory.

With their easy-to-use POS system, you can build a custom solution that makes running your business easier.

Track customer preferences and feedback with every sale and use your POS’s built-in sales and inventory reports to monitor how your business is doing.

Square’s Magstripe, chip, and contactless card readers let you accept payments via debit and credit cards, Google Pay, and Apple Pay.

Key features of Square:

  • Billing and Invoicing: With Square, you can easily create and send invoices from your POS. You can also track payments, issue refunds, and add late fees.
  • eCommerce integration: Square integrates with many popular eCommerce platforms, making it easy to sell online and in person.
  • Credit Card Payments: Accept credit and debit card payments with Square’s Magstripe, chip, and contactless card readers.
  • Electronic Payments: You can accept electronic payments such as Google Pay and Apple Pay.
  • Retail Point of Sale: Use Square’s POS system to efficiently run your business.
  • Customer Accounts: Keep track of your customers’ preferences and feedback with every sale.
  • Sales Reports and history: Use your POS’s built-in sales reports to track your business’s performance.
  • Gift Card Management: With Square, you can sell and manage gift cards.
  • Labor Cost Calculator: Use Square’s labor cost calculator to see how much your employees are costing you.
  • Order Management: With Square, you can easily keep track of orders and fulfill them quickly.

Square pricing:

Square’s pricing is suitable for businesses of all sizes. It’s 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 Stripe competitor for businesses with high volume transactions.

Adyen. Best stripe competitor for high volume transactions.

Adyen is the leading payments platform software designed to serve startups, and SMEs with modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods.

The platform offers frictionless payments across online, mobile, and in-store channels. This online Payment Processing system offers Online Payments, Debit Card Support, POS Transactions, Receipt Printing, and Mobile Payments in one place.

They provide Payouts in all major currencies and effortless reconciliation.

Adyen’s software allows businesses to streamline their payment processing and provides a simple solution for managing multiple payment types.

Adyen is a great Strip competitor that provides an efficient way to process payments and manage finances for small to medium businesses.

Key features of Adyen:

  • ACH Payment Processing: Process ACH (Auto Clearing House) payments quickly and easily.
  • Payment Fraud Prevention: Use advanced fraud detection tools to help keep your business safe from fraudulent transactions.
  • Receipt Management: Manage and track your sales receipts in one place.
  • Recurring Billing: Set up recurring payments for customers and automatically bill them on a schedule.
  • Debit Card Support: Process debit card payments securely and efficiently.
  • POS Transactions: Process point-of-sale transactions quickly and easily.
  • Mobile Payments: Accept payments on the go with Adyen’s mobile payment processing solutions.
  • Cash Transactions: Process cash transactions securely and efficiently.
  • Electronic Signature: Capture electronic signatures for contracts and other documents.
  • Reporting and Analytics: Get insights into your payment processing with Adyen’s reporting and analytics tools.

Adyen’s pricing:

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

3. Verifone (2checkout).

Best Stripe competitor for Business selling subscriptions and digital goods.


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

The platform leverages innovative payment options and subscription billing models to maximize sales conversion rates.

It is built to help you drive sales growth across multiple channels and increase market share by simplifying the complexities of modern eCommerce like global payments, subscription billing, merchandising, taxes, compliance, and risk.

So, you can stay focused on innovating your products and delivering exceptional customer experiences.

In addition, Verifone supports multi-language, multi-currency, and fraud prevention features to make it easy to do business globally and have the flexibility to tailor the payment experience for each market segment.

With their all-in-one platform, you can go to market faster with localized pricing, tax, and compliance capabilities in 196 countries.

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 Stripe alternative for Chase customers.


WePay is an online payment processing and mobile point-of-sale (mPOS) software solution that facilitates payments between buyers and sellers and instantly enables users to accept donations.

With WePay, platforms such as Constant Contact, GoFundMe, and Meetup incorporate payments, so their users start getting paid in minutes.

WePay’s integrations with digital warrants like Apple Pay and Android Pay help ensure high transaction conversions for online payments.

For in-person payments, the company’s mobile point of sale (mPOS) solution allows platforms to handle both online and offline payments seamlessly.

As a result, platforms using WePay can provide a superior payment experience for their users, whether they are paying online or in person.

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 Stripe competitor for Brick and mortar businesses expanding online.

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

PayPal is a cost-effective, easy way to process payments for your business.

PayPal offers three different options:

Payments Standard which enables you to receive all major credit and debit cards from customers.

Pro what we recommend if this sounds like something that will work best with what’s going on in their life right now but still wants some protection against fraud attempts (payments flow).

Finally, PayFlow – is an added service explicitly designed around entrepreneurs who are constantly traveling or salespeople without access at home 24/7 because it allows them to send invoices directly through email!

With over 26 million businesses already using these services, why wouldn’t I choose peace of mind regarding online payments!

Plus, PayPal offers world-class fraud protection tools to help keep your business safe.

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.

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)

6. Authorize.Net.

Best Strip competitor 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 versatile, cloud-based point of sale software that helps businesses manage payments made in person, online, and over the phone.

The software makes it easy to customize bills by adding tax rates and emailing them to customers.

The software is perfect for businesses of all sizes that want to streamline their payment processing and make life easier for their customers.

And because it’s all managed through the cloud, you can focus on what they love best without worrying about the technical details.

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 overall payment processing competitor to Stripe.

Shift4. Best overall payment processing solution.

Shift4 is a technology company that provides end-to-end payment processing solutions for businesses in a variety of industries.

The company’s primary focus is on simplifying the complex payment ecosystems that exist across the world.

In doing so, Shift4 enables billions of transactions to occur annually.

The company works with merchants in the Food & Beverage, Hospitality, Sports & Entertainment Venues, eCommerce, Casinos & Gaming, Retail, and Specialty industries.

Shift4 provides clients with a comprehensive suite of payment processing solutions designed to meet each business’s unique needs.

In addition to its Payment Processing Solutions, Shift4 offers a wide range of products and services designed to help businesses grow and succeed.

These products and services include loyalty programs, gift card programs, and data analytics tools.

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 Stripe competitor for businesses that use the Amazon structure.

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

Amazon is a customer-centric company, and that customer focus extends to its payment processing solution, Amazon Pay.

Amazon Pay makes it simple and easy for hundreds of millions of customers around the globe to pay for products and services using the information already stored in their Amazon accounts.

That focus on the customer experience is evident in every aspect of Amazon Pay, from the streamlined checkout process to the robust security features.

And because Amazon Pay leverages the same security and fraud prevention that hundreds of millions of Amazon users know and trust, it helps increase consumer confidence while enhancing the checkout experience.

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 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: Helps protect 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 boarder payments.


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

With Payoneer, businesses can bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter their location.

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

From borderless payments transactions to boundless growth, Payoneer promises any business the technology, confidence, and connections to participate and flourish in this 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.

What is Stripe?

Founded in 2010, Stripe is a payment processor that helps businesses accept and manage online payments.

Stripe offers a simple, powerful API that integrates into any website or mobile app.

In addition to processing payments, Stripe also helps businesses with fraud prevention, invoicing, and managing refunds.

Many large businesses, such as Amazon and Facebook, support over 100 million daily transactions using Stripe.

Stripe 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.

Best Stripe Competitors 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.

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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