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We at the office use Stripe to securely process the financial transactions involved in the membership business you run. Stripe is a worldwide online payment processing platform that allows businesses that are of any size to accept payments online (and in-person). It is one of the most popular payment processors in the world however there are a number of other competitors that offer similar services.

The ideal company to use for payment processing will depend on a number of elements, including your type of business are operating, the country that you are operating in, the payment methods you will need to use as well as the pricing and features offered by each platform.

Let's take a look at a few Stripe rivals to determine which is most relevant for your and your business!

Which payment processor is best for you?

We'll dive deep into the specific competitor in this article But first, let's take a look at Stripe competitors at a glance within the context of your size and type of company:

SMEs

If you're operating a small or medium-sized business then you might want to think about using a payment processor such as Stripe, Square, or Authorize.net. They offer various features that are well-suited for smaller businesses like low prices, simple setup as well as friendly interfaces for users.

Enterprise

If you're a big business, you may want to consider using one of the payment processors like Adyen, Worldpay, or Braintree. These payment processors offer an array of options and offer support for a wider range of options for payment than those specifically designed for smaller enterprises.

Global business

If you need to accept payments from international customers, you may want to look into utilizing an online payment service such as 2Checkout, Mollie, or Payoneer. They specialize in various options for handling international payments including the conversion of currencies and fraud prevention.

Rivalries that Stripe

Below are a few prominent Stripe competitors, however please keep in mind there may be something more pertinent to you and your work. For you to make sure that you are using the right payment option for your company it is beneficial to solicit your colleagues and friends for their feedback, or to read reviews written by other businesses.

PayPal

PayPal is a popular online payment processor offering many features, including the ability to accept payment from the most popular debit and credit cards and PayPal accounts.

PayPal is also able to provide a range of features that are suitable for businesses, such as invoicing and regular billing.

Adyen

Adyen is a worldwide payment processor, offering a wide range of options for payment, such as debit and credit cards, electronic wallets, as well as bank transfer.

Adyen is ideally suited to large businesses and enterprises, as it offers a variety of tools for managing global payment transactions.

Square

Square is a credit card processor for small businesses developed by Block, Inc (which was founded by Twitter its founder Jack Dorsey).

It offers a variety of functions, like a point-of-sale system, online payment processing, and inventory management. Square is well-known for its reasonable pricing.

Authorize.net

Authorize.net is another popular processing service for small companies. It offers a variety of services, like online payment processing as well as recurring billing and fraud protection.

Authorize.net has a wide range of pricing plans that meet the requirements of various businesses.

Braintree

Braintree is a processor for payments that is owned by PayPal. It provides a range of services, including online payment processing, mobile payments, and fraud protection. MAO99WdaAxDCHNdPXbKW Braintree is particularly well-suited for companies that require payment from a variety of channels such as online, mobile as well as in-person.

GoCardless

GoCardless is a British payment processor that is specialized in direct debit payments as well as open banking. IdigfCGAAhf74sBGltSf is an excellent choice for businesses who need to take regular payments from their customers, such as for membership businesses.

Mollie

Mollie is a Amsterdam-based payment processor, which is ideally suited for organizations that have to take payments by European customers. It offers a wide range of payment options, such as credit and debit cards, e-wallets, and bank transfers.

Mollie provides a range of features for managing European payment methods, including SEPA direct debit as well as IDEAL.

Worldpay

Worldpay is a global payment processor that offers a wide range of payment methods, including credit and debit cards, e-wallets, as well as bank transfers.

Worldpay is specifically suited for large businesses and enterprises, since it has a wide range of features for managing global payment transactions.

Payoneer

Payoneer is a processor for payments with a specialization in international payments. This is an excellent option for businesses that need to pay freelancers or contractors around the world.

Payoneer provides a range of additional features like mass payments and currency conversion.

Conclusion: Stripe's competition

The Stripe payment processor is widely used as a processing company, however it is crucial to compare several payment processors accessible to you prior to deciding which one to go with. Be aware of the options and prices offered by each Stripe rival offers and the payment methods that you must accept. Also, you should read the reviews about the various payment processors as well as get reviews from businesses that have used them.

A few of the major competitors to Stripe are Adyen, Worldpay, Braintree, and 2Checkout. The payment processors provide a number of benefits, including more payment options, lower fees, and more features. But, they do have some disadvantages that include fewer coverage across the globe, a more complicated setup, and less help.

The most suitable payment processor for your business will depend on a number of elements, like your type of business are operating, the country which you are operating in, and the payment methods you need to accept. We hope that you find this information useful!