Stripe - Top Competitors (Mar 2022)

Shlomi Lavi / updated: Mar 14, 2022

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Stripe vs. Alternatives in 2023

Stripe payment management system faces competition from many other software products in the lane, including PayPal, Marketing 360, and Square Payments.

• FUNCTIONALITY: PayPal is a web-based and cloud-based SAAS solution that extends its services to developers, small, medium, and large-sized businesses, marketplaces, enterprises, and e-commerce platforms. It performs various payment processing functions like billing and invoice, subscription billing, mobile payments, in-person payments, and multiple payment options. Also, there are add-on features like reporting and analysis, electronic signature, and Point of Sales (POS) solutions. Stripe payment management system does not provide electronic signature and POS solutions; however, it processes cryptocurrency payments.
  
  Square Payment is also a web-based and cloud-based SAAS solution suitable for every business, from a one-person startup to a big enterprise. It offers the same services and features as Stripe Management System, including cryptocurrency processing. Its additional features are an electronic signature, POS solution, processing service integration, in-person payments, and multiple options. Any business can opt for this depending upon its need.
  
  Marketing 360 is a web-based as well as cloud-based SAAS too. It also offers the same features as PayPal like electronic signature, POS solution, in-person payments, and processing services integration, and these services are not provided by Stripe. However, Stripe does cryptocurrency processing, and Marketing 360 does not. So customers again can choose based on their needs.
• DEPLOYMENT: PayPal, Square Payment, Marketing 360 along with Stripe Payment Management System are all web-based and cloud-based SAAS solutions. These are not deployed over the desktop. However, all of these provide Android, iPad, and iPhone.
• CUSTOMER SUPPORT: PayPal offers support over phone calls, emails, FAQs forums, and webchat. Square Payment also provides these channels. However, there is a deduction of web chat. Marketing 360 provides support over phone calls, emails, webchats, and not FAQs forums. Stripe Payment Management System offers customer support over the same channel with a difference of one or two. Such as it offers the 24/7 live reply, which its alternatives do not, and does not offer the phone call support which its alternatives do.