When it comes to choosing a payment platform for your company, Stripe can be the best option. However, due to the highly high costs and severely restricted local bank payouts, it has some restrictions.
When it comes to choosing a payment platform for your company, Stripe can be the best option. However, due to the highly high costs and severely restricted local bank payouts, it has some restrictions.
Over the past few years, a large number of Stripe competitors have come to light, each with better customer service, more flexible cost structures, and less product limitations. Before choosing on a new, full-time payment partner, it's always a good idea to look at some top Stripe alternatives.
Here, we go to ten of the best Stripe alternatives, looking at what makes each one different and how to pick the right fit for your business.
Stripe gives its users a number of features, including the ability to take payments from Visa, Mastercard, and American Express cardholders. Integration with most e-commerce platforms is very easy using the API.
Nevertheless, it doesn’t allow PayPal payments, which most other alternatives do. Stripe guarantees PCI compliance and a high degree of security, but at times this might backfire if the business unexpectedly freezes your account or seizes your money.
Online companies seeking to increase multichannel sales, may look for Stripe alternatives which are user-friendly, affordable, and provide smooth in-person handling of payments.
PayPal is one of the first and best known online payment sites, started in 1998 and based in San Jose, CA. It lets businesses take credit cards PayPal balance payments bank transfers and in the U.S. Venmo payments all under one safe roof.
With buyer protection policies and a global footprint spanning over 200 markets, PayPal continues to be a default choice for merchants seeking rapid setup and consumer confidence.
Ideal for small to mid-sized merchants who value brand recognition and buyer trust. PayPal has always been a great bet because of its simple integration plus the mix of offline and online features.
Square started in 2009 with just a basic mobile card reader and then turned into a full commerce system. Based in San Francisco, CA, Square provides noe only POS hardware but also payroll, e- commerce solutions, and lending. Companies can use one dashboard from one place to handle their sales, inventory, staff, and even marketing for both physical and digital channels.
Great for physical shops, coffee places, and other service givers wanting a simple link betwee͏n the real and online sides with strong analytics and extra features.
Payoneer is a New York, NY-based company which was established in 2005 and focuses on international business-to-business payments. It gives businesses and workers local receiving account͏s in different currencies, making quick low-cost inbound transfers from global marketplaces and customers.
Ideal for platforms with global clients and freelancers. It simplifies multi-currency inflow and outflow much more than standard merchant accounts, and hence lowers complexity as well as FX costs.
Adyen is an Amsterdam-based, enterprise-grade payments platform trusted by global brands like Uber and Spotify. Launched in 2006, it offers unified commerce through a single API for online, mobile, and in-store transactions—complete with in-house acquiring, fraud detection, and revenue optimization.
Suitable for large enterprises or scaling mid-market companies needing granular control, advanced fraud tools, and local acquiring capabilities without juggling multiple providers.
Wise (previously TransferWise) changed globally money transfers in 2011 by offering reliable mid-market exchange rates and clear, affordable costs. It's Headquartered in London. Wise currently provides transnational business accounts, allowing organizations to keep, manage, and pay out in 50+ currencies.
Great for freelancers and small businesses that do frequent international transactions. Wise’s cost transparency and minimal fees often undercut traditional banks and other payment gateways.
2Checkout, now part of Verifone since 2022, is a global payment and subscription billing platform founded in 2000. Based in Columbus, OH, it supports over 100 currencies and 45 payment methods, offering both hosted checkout pages and APIs for deeper customization.
Perfect for digital goods and SaaS businesses looking for a complete subscription solution. 2Checkout removes the need to build billing infrastructure from scratch, accelerating time to market.
Authorize.Net, a Visa subsidiary founded in 1996, is a veteran payment gateway that routes transactions, manages fraud risk, and securely stores customer data. Headquartered in Foster City, CA, it requires merchants to have a separate bank-provided merchant account.
Recommended for businesses that already have—or want—a dedicated merchant account and need granular fraud controls, customer vaulting, and eCheck capabilities.
PaymentCloud, began in 2014 and situated in Jupiter, FL, is a specialty provider focusing on high-risk merchant accounts. It supports sectors generally declined by traditional banks—such as CBD, travel, and gaming—offering customized underwriting and support.
The go-to choice for merchants in high-risk verticals who struggle to secure payment processing through mainstream providers.
Revolut Business, part of the UK-based challenger bank Revolut (founded 2015), combines banking and payment acceptance into one platform. It offers multi-currency accounts, corporate cards, and a growing suite of business tools.
Great for startups and SMBs seeking an all-in-one financial hub—banking, payments, and expense management—under a single subscription.
Payment Depot, established in 2010 and based in Lehi, UT, offers interchange-plus pricing: you pay the exact card network interchange rate plus a small, fixed markup. This transparent model often yields lower overall costs for mid- to high-volume merchants.
Optimal for merchants processing $25,000+ per month who want predictable, cost-effective pricing and full visibility into their processing costs.
Choosing the right payment processor in 2025 means balancing cost, functionality, and risk. While Stripe excels at developer-first APIs and global reach, these ten alternatives cater to specific needs— from high-risk underwriting and subscription billing to brick-and-mortar POS integration and transparent interchange-plus pricing.
By mapping each platform’s strengths against your transaction volume, geographic footprint, and risk profile, you can secure lower fees, faster settlements, and better customer experiences.
Ultimately, a thorough evaluation—pilot testing, reading verified reviews, and speaking with sales teams—will ensure you select the processor that best supports your growth in 2025 and beyond.
