![]() ![]() With Stripe, businesses are empowered to build their own unique platforms with easy-to-use software and API. The apps cover everything from in-person payments and subscription billing to helping launch a new startup from scratch. Stripe is a PayPal alternative that combines a powerful payment platform with a comprehensive stack of applications. That means as well as using PayPal for business, you can use it to send money to friends and family. It’s one of the few gateways to offer peer-to-peer transactions. It’s used by millions of companies, online stores and auction sites to process payments, simplify online shopping and send money securely. PayPal is one of the most trusted names in payment gateways. While they’re all chocolate bars, their individual features add up to make them unique. Paypal, Stripe and Braintree feature overviewĬomparing PayPal, Stripe and Braintree is kind of like comparing Mars, Snickers and Twix. (So does Paperform, by the way, but that's another story). They help businesses of all shapes and sizes make buying and selling things a breeze. ![]() ![]() You'll find payment gateways on any site that requires ecommerce (transactions that take place on the web). This security is one of the main benefits of using a dedicated payment gateway. They validate the customer’s card details, ensure the funds are available in their account and send it over to you securely."īeyond that, they give businesses and consumers buffed up security, encrypting your payment data (like credit card and bank details) to keep your cash safe. Payment gateways are the middleman between you and your customers. It takes the money from your customer and transfers it to your business, all through the magic of the web. What do we mean by the term ‘payment gateway?’ And does it have anything to do with gates? (No.)Ī payment gateway is simply a term for the technology that lets you take payments online. Let’s start by making sure we’re on the same page. In this post, we’ll compare each one to help you figure out which is one is right for your business. So to take some of the stress out of the process, we've gone ahead and compared three of the best on the market: PayPal, Stripe and Braintree. What payment gateway you choose matters for your business and your clients. Now your business needs to accept a range of payments, from Bitcoin and Ethereum to Polish Zlotys and Malaysian Ringgits. Once upon a time businesses only had to worry about cash, cheque or credit cards. ![]()
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