Compare Stripe and Xero - Mar 2022

Shlomi LaviShlomi Lavi / Mar 14, 2022

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 Xero?

Stripe is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Stripe (91/100). Xero offers users more features (13) than Stripe (4). There is a clear winner in this case and it is Xero!

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. Xero

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.

Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...

Who is more expensive? Stripe or Xero?

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 Xero.

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. Xero price starts at $12 per month , When comparing Xero to its competitors, the software is rated 2 - much lower than the average Payment Processing software cost.

Bottom line: Stripe is more expensive than Xero.

Which software includes more/better features?

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

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

Xero: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

Customers of the software include businesses of all sizes without any distinction of industry. Xero is best for small businesses, freelancers and non-profit organizations.



Stripe

ITQlick rating
(4.7/5)

starts at $500 per license

Stripe is a payment processing and business analytics solution for businesses of all sizes. It also offers various development options for the implementation of online payments. The software was designe...

Categories: Payment Processing, Recurring invoicing, Software update, Retail & POS.

Xero

ITQlick rating
(4.3/5)

starts at $12 per month

Xero is a cloud-based accounting and finance software for small, start-up, and growing enterprises. It has invoice management, purchasing, bank reconciliation, and bookkeeping features which help businesses boo...

Categories: Accounting & Finance, Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM.

Compare specifications

Compare features

Stripe: 4 Features

Basic Reports
Data Import/Export
Online Customer Support
Multiple Payment Forms

Xero: 13 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Purchase Orders
Data Analysis Tools
Forecasting
Fixed Asset Management
Inventory Optimization
Supplier Management
Warehouse Management
Inventory Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Stripe
ITQlick rating
4.7/5
Score
91/100
Pricing
4/10
License pricing
$500 per license
Functionality
12
Review
Compare
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$12 per month
Functionality
46
Review
Fattmerchant
ITQlick rating
4.8/5
Score
84/100
Pricing
2.2/10
License pricing
$99 per month
Functionality
5
Chargebee
ITQlick rating
4.6/5
Score
78/100
Pricing
6/10
License pricing
$249 per 10 users/month
Functionality
11
ETran
ITQlick rating
3.7/5
Score
73/100
Pricing
4.4/10
License pricing
Pricing not available
Functionality
6
Review

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.