Stripe vs PayPal
Stripe | PayPal | |
---|---|---|
Online Payment Processing - | ||
Benefits and Features | ||
Monthly Fee | Free account (monthly fees for features start at $5/mo) | |
Good For | Online businesses; Customized checkout experience | Accepting Paypal payments; Small businesses with average transaction under $100 |
Equipment | Online Processing, Terminal, Stripe for Marketplace & Platforms, Billing Services (subscription & invoicing) | PayPal Zettle card readers and terminals |
Accept International Payments | ||
Customer Service | Phone (by request), Email, Live Chat, IRC | Phone, Email, Live Chat Support, PayPal Community |
Fraud Prevention Tools | ||
Invoice Management | ||
Pricing Model | Flat rate (also offers customized pricing packages) | |
Recurring Billing | ||
Swipe Rate | ||
Online Rate | ||
Keyed-in Transaction Fee | 3.49% + $0.09 (through Paypal Zettle) 3.09% + $0.49 (through the virtual terminal) | |
Deposit Time | 7-14 days after the first successful payment | Instant access to the funds in your PayPal account; Or instant deposit to your bank account for 1% fee or 1-2 business days for no fee |
Chargeback Fee | ||