PayPal is available in many more countries than Stripe. For instance, you can embed a ‘Pay With Card’ button on your online store with Stripe if you have the development knowledge.īoth PayPal and Stripe are on par when it comes to customer service and technical support: If you have the help of a developer, you can customise Stripe in ways that PayPal might not be able to. While PayPal offers ease of use, this comes at the cost of its potential. On the flipside, Stripe has third-party e-commerce platform integration for easy setup, which is typically in the form of a plug-in.
PAYPAL TRANSACTION FEES KEY IN CODE
If you are pleased with PayPal’s basic functionality, you can simply paste some code into your online store and get ready to roll. PayPal offers tools that are designed for anyone to effectively set up and receive payments.
However, PayPal Commerce will be a lot easier for the average merchant to use, as you will have to set up your payment processing.
PAYPAL TRANSACTION FEES KEY IN PLUS
On the other hand, Stripe is appropriate for startups and small businesses, with a transaction fee of 3.4% on the total amount of sale, plus a $0.50 fixed transaction fee.īoth PayPal and Stripe are known for their ease of use, making payments a breeze for shoppers. International sales will have a 4.4% incurred, plus a fixed fee. Take note that PayPal charges high transaction fees of 3.99% plus a $0.50 fixed transaction fee, for monthly sales of up to $5000. Which is the best payment gateway? Let’s compare to find out more. PayPal is a great option for those thinking of an international expansion since it supports 25 currencies and is available in over 200 countries.Įach payment gateway definitely has its advantages and disadvantages. On the other hand, PayPal Express makes the checkout process a lot breezier by enabling shoppers to simply log in with their existing PayPal account, eliminating the need for shoppers to key in their shipping or billing information.
PayPal Standard is your usual checkout process that requires your shoppers to input their information on your site before they get redirected to PayPal for their credit card payment. The two common options include PayPal Standard and PayPal Express. With nearly 400 million worldwide active accounts, this global leader accepts a variety of credit cards and debit cards, along with seller protection, 24/7 fraud monitoring and even two-factor authentication. PayPal is a reputable global payment gateway that should be a familiar name by now and is supported by popular e-commerce platforms including Shopify and Woo-commerce.
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