Stripe vs Paypal

Both Stripe and Paypal offer businesses and online merchants to handle online payment processing. Both are popular payment service providers with a long list of popular clients.

Stripe and Paypal allow your business to receive payments, send invoices, make your business sell more, and make your customers happy. But how do they differ?

Stripe Overview

Stripe is a financial services company that aids businesses to accept payments for free. Stripe as a merchant account services provider also sells POS or point-of-sale systems, standard, and customized e-commerce packages.

Stripe users have the option to purchase plugins or equipment for their eCommerce business. Depending on your choice of package, you can utilize Stripe’s other services such as billing, invoicing, fraud protection, inventory management, tax calculation tools, and more.

Stripe Pros and Cons

Here are the benefits and drawbacks should you consider using Stripe as your payment processing provider.

Pros

• Stripe is cheaper