Compare Stripe and MultiCHAX - Mar 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Stripe or MultiCHAX?

MultiCHAX is more expensive to implement (TCO) than Stripe, and MultiCHAX is rated higher (92/100) than Stripe (91/100). Stripe offers users more features (4) than MultiCHAX (3).

Looking for the right Payment Processing solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Stripe Vs. Chax, Inc.

Stripe: Stripe is a simple, developer-friendly way to accept payments online. We believe that enabling transactions on the web is a problem rooted in code, not finance, and we want to help put more websites in business. Complexity and opacity have traditionally been hallmarks of online payment processing. We want to fix that.

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

Who is more expensive? Stripe or MultiCHAX?

The real total cost of ownership (TCO) of Payment Processing software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Stripe and MultiCHAX.

Stripe price starts at $500 per license , On a scale between 1 to 10 Stripe is rated 4, which is lower than the average cost of Payment Processing software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Payment Processing software cost.

Bottom line: MultiCHAX is more expensive than Stripe.

Which software includes more/better features?

We've compared Stripe Vs. MultiCHAX based on some of the most important and required Payment Processing features.

Stripe: Basic Reports, Data Import/Export, Online Customer Support, Multiple Payment Forms.

MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Customers of the software include businesses of all sizes without any distinction of industry. Customers of the software mainly include small and medium businesses with backgrounds in various major industries.