PayPal vs Stripe
PayPal | Stripe | |
---|---|---|
Online Payment Processing - | ||
Benefits and Features | ||
Monthly Fee | No monthly fees (additional payment features start at $5/mo) | |
Good For | Accepting Paypal payments; Small businesses with average transaction under $100 | Online businesses; Customized checkout experience |
Equipment | Paypal Zettle card reader: $29 to $79; Zettle Terminal: starts at $199; Printers, and Accessories available for purchase | Online Processing, Terminal, Stripe for Marketplace & Platforms, Billing Services (subscription & invoicing) |
Accept International Payments | ||
Customer Service | Phone, Email, Live Chat Support, PayPal Community | Phone (by request), Email, Live Chat, IRC |
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 | 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 | 7-14 days after the first successful payment |
Chargeback Fee | ||