Compare Stripe and The Financial Edge - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Stripe or The Financial Edge?

The Financial Edge is more expensive to implement (TCO) than Stripe, and Stripe is rated higher (91/100) than The Financial Edge (80/100). The Financial Edge offers users more features (15) than Stripe (4).

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. Blackbaud

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.

Blackbaud: Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 27,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 ...

Who is more expensive? Stripe or The Financial Edge?

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 The Financial Edge.

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. The Financial Edge price starts at $299 per user/month , When comparing The Financial Edge to its competitors, the software is rated 6 - similar to the average Payment Processing software cost.

Bottom line: The Financial Edge is more expensive than Stripe.

Which software includes more/better features?

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

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

The Financial Edge: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

Customers of the software include businesses of all sizes without any distinction of industry. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.