stripe vs paypal

You might possess the most challenging prices on your online store, though you won’t achieve success if your payment gateway does not offer a streamlined or reliable experience to your clients. And whereas there are lots of names that arise in the payment gateway debate (like BlueSnap,, Stripe, Wepay, and PayPal, etc.), it’s vital to select the one having a nice reputation and offers ease to the customers.

In terms of convenience and reputation, 2 names stand apart: PayPal and Stripe!

The two carry a reputation for being extremely secure also, so you’re traversing the correct path. But it’s essential to select the one that meets your business needs. While both are strong choices for a payment gateway, both Stripe and PayPal bring clear benefits and disadvantages to the table.

Prior to selecting a Payment gateway, you should query yourself several elementary questions. These are a few, to begin with:

“Can my clients pay utilizing their mobile phones?” “How difficult is it to incorporate the payment gateway to my website?” “What are your charges and fees?” “How about your security?” “How many methods of payment do you present?” These major points compare PayPal and Stripe to reply to the questions and reach a decisive conclusion:

Transaction Charges And Fees

PayPal and Stripe both permit you to start selling in the absence of any monthly fees. That implies if you aren’t selling something, you don’t need to pay anything. This is particularly excellent for tiny businesses that perform a sale frequently or might not possess the required budget. Beyond that, however, matching PayPal to Stripe will lead to a somewhat same fee structure.

The elementary fee for PayPal and Stripe are similar: 2.9% + $0.30. So if you conduct a $100 sale, you’ll need to pay $3.20 to either PayPal or Stripe. The resemblance is mainly due to intense competition between the two, but so long as the rivalry reduces the fee and upgrades the quality, we are quite satisfied with it! For global sales, transaction charges rise to 4.4% for PayPal and a bit lesser 3.9% for Stripe. Obviously, if you’re selling internationally, Stripe’s fee will seem more attractive. Stripe chucks out PayPal in our initial round due to their slightly lesser fees on international transactions. The winner is Stripe.

CRM And Website Integration

Stripe Vs PayPal

Payment gateway incorporation should be simple, and PayPal, for beginners, renders it quite simple to link to your website. All you’re needed to perform is copy and paste a few lines of codes into your site. Once installed, you’ll view a “Pay with PayPal” button which allows your site to receive payments online. You can also include a separate PayPal button to your portal like Buy Now, Subscribe, Add to Cart, and Automatic Billing. PayPal upholds most CRMs, so irrespective of the platform used by you, you’ll be able to incorporate PayPal with it. Stripe backs a tad some more CMSs against PayPal, and you can simply incorporate it on your website employing either their API or their plugin. If you possess an in-house developer or you carry the technical knowledge, you can incorporate Stripe with your website by employing their API system. Nevertheless, our recommended way is to employ their plugin for your CMS to incorporate Stripe as it’s truly simple to use. Neither Stripe nor PayPal constitutes a nightmare in the matter of mainstreaming with your portal, so let’s name it a tie in this round.

Global Presence And Backed Currencies

Stripe Vs PayPaL

Let’s view the payment gateways’ backed currencies and availability in the world. PayPal exists in more than 200 countries and backs a total of 25 currencies. Nevertheless, PayPal limits its service in a few countries such as Sudan, Belarus, Liberia besides more. Stripe, on the contrary, is present for business in 26 countries and acknowledges payments from all over the world. Stripe also outsmarts PayPal in the matter of currency acceptance by promoting more than 135 different currencies from across the world. There is no second thought here. If you wish to acknowledge payments from any area of the world, Stripe constitutes the finest option for you!

Supported Methods Of Payment

sopported method of payment

PayPal promotes different credit cards like Visa, JCB, American Express, and MasterCard, etc., but misses support for various others. Stripe, on the contrary, acknowledges nearly every recognized debit and credit card together with the following e-wallets: Apple Pay, Google Pay, Alipay, Microsoft Pay, Amex Express Checkout, We Chat, and Visa Checkout, etc. Another round, and a different cookie for Stripe for promoting numerous payment methods that might not be the most common in the world.

Disputes, Refunds, And Chargeback Fees

When a user files for a charge back, payments are inclined to become trapped in the pipeline, and you’ll most probably pick up some additional expenses. A PayPal vs Stripe charges overview will offer you a distinct idea of the improved option, nevertheless. PayPal permits clients to file for a charge back in those cases like when the customer:

  • Didn’t get their item.
  • Don’t identify a credit card charge.
  • Received an impaired or flawed item.
  • Were levied more than once for anything.
  • Didn’t certify a payment.

If a charge back is accepted, the client is compensated with the amount, but PayPal charges you, the seller, $20 in charge back fees. Stripe, on the contrary, levies a charge back fee of $15 in the matter of disputes. Still, Stripe does present merchants with the capacity to escape charge card scams with their extraordinary and latest Stripe Radar functions. If you’re certain you will incur a few chargebacks on your online store but don’t desire to spend much, Stripe should form part of your go-to payment gateway.

Customer Support

Stripe Vs PayPal

Customer support forms a vital portion of any service and is equally important in the matter of selecting the finest payment gateway. If you encounter any problem, you can’t keep on waiting for customer support for hours at the cost of your business, right? Presently, PayPal offers customer support by phone calls and emails while you can make queries on their online platform. With regards to customer support, Stripe offers greater support options than PayPal. You can connect to them by email, Phone call, or speak to their agent in a chat online. You can also raise general questions on their support forum if you desire, and if you require technical support, you can employ their IRC channel to obtain immediate assistance.

Conclusion –

Which One To Go For?

Stripe distinctly carries an advantage over PayPal in most laps of our stripe vs Paypal showdown. Despite that, the decision mainly rests on your business. Stripe and PayPal have both been discussed including the features provided by them. Every payment gateway is equipped with its individual features, limitations, and services. Now you need to examine the payment gateway that is ideally suited for you. If your business is done on a global scale or trade within the United States only, then perhaps employing Stripe together with PayPal will aid you to save on transaction fees, so you possess this option also. When you use PayPal as well as the Stripe payment gateway, your options will increase to receive payments from over the world. However, if you had to select one, Stripe would make the grade, due to its lesser fees, lesser charge back fees, and availability in more countries in comparison to PayPal.

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