PayPal vs Stripe Billing

Overview

PayPal

Stacks19.6K

Followers14.8K

Votes665

Stripe Billing

Stacks158

Followers171

Votes0

PayPal vs Stripe Billing: What are the differences?

What is PayPal? Send Money, Pay Online or Set Up a Merchant Account. PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser..

What is Stripe Billing? A set of tools for billing and subscriptions. A set of billing and subscription tools for developers and business people. Developers can use out-of-the-box functionality to get started quickly or use the composable API building blocks to design fully customized subscription logic and pricing models. Business people can create and manage subscriptions and invoices—and view detailed financial reports.

PayPal and Stripe Billing belong to "Payment Services" category of the tech stack.

Some of the features offered by PayPal are:

2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.
Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.
Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.

On the other hand, Stripe Billing provides the following key features:

Accept Orders - From the dashboard, Stripe.js and Elements, Billing API & Mobile SDKs
Billing & Invoicing - One-off billing, recurring billing, flexible billing, invoice delivery, hosted invoice pages, and sales tax integrations
Collect Payments - Credit cards, ACH and wire, local payments, retry logic, card updater, payment reminders

Uber Technologies, Lyft, and ebay are some of the popular companies that use PayPal, whereas Stripe Billing is used by Nextdoor, eero, and Unleak. PayPal has a broader approval, being mentioned in 735 company stacks & 571 developers stacks; compared to Stripe Billing, which is listed in 14 company stacks and 7 developer stacks.

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Advice on PayPal, Stripe Billing

Team

Product Team at Showwcase

Jan 19, 2021

Needs adviceon

Stripe

PayPal

Hi Folks,

I represent Showwcase, which is a network built for coders.

We're introducing a paywall for content creators on the platform to start accepting payments from their Followers for premium and unique content over and above the general free content. We are internally considering either Stripe or PayPal to handle this for us.

If we take the pricing out of the debate, what's the go-to choice when choosing which to integrate? Our current standpoint is that Paypal has wider consumer adoption, and since most creators are individuals, it makes sense to just use Paypal because they already have an account. However, our business uses Stripe, and so it makes it easier if both the platform (Showwcase) and creators to be on the Stripe platform. That being said, if creators don't already have an account, they will need to sign up with Stripe on the spot, which is a friction point.

I would like to hear the pros and cons in developer environments as well as any other things we might not know.

74.5k views74.5k

Comments

Pamela

President at Learn About Green LLC

Jan 27, 2021

Review

Stripe is strong because of their security. It is difficult for the programmer to install it, and in my case was impossible since my hosting provider did not have up-to-date software that it requires. I had to use another program on top of it as the shopping cart instead of using Stripe's shopping cart. But Stripe integrates with everything if you can get it to install, and is stable.

The big reason to go with PayPal is the 6 months same as cash or multiple payments over weeks for your clients. Some clients need this and you will lose them without PayPal. PayPal may change their policies, so in my opinion, PayPal is not as stable as Stripe. Some clients refuse or can't use PayPal, where Stripe is available to everyone with a credit card.

In summary, I set up both for my clients. And I used Zoho for everything else - shopping cart, accounting, CRM, banking, etc. It integrates with both Stripe and PayPal and pretty much anything else you use.

Be sure to read the Terms of both Stripe and PayPal, and I think that will help you with your decision.

51.7k views51.7k

Comments

Detailed Comparison

PayPal	Stripe Billing
PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.	A set of billing and subscription tools for developers and business people. Developers can use out-of-the-box functionality to get started quickly or use the composable API building blocks to design fully customized subscription logic and pricing models. Business people can create and manage subscriptions and invoices—and view detailed financial reports.
2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.;Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.;Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.;Adaptive Payments- The Adaptive Payments API allows merchants and developers to pay almost anyone and set up automated payments.;Express Checkout- Express Checkout allows merchants and developers to minimize the number of steps customers must complete when they checkout.;PayPal Payments Advanced- PayPal Payments Advanced allows merchants to enable their online stores to collect payment directly via credit card or via PayPal Express Checkout.	Accept Orders - From the dashboard, Stripe.js and Elements, Billing API & Mobile SDKs;Billing & Invoicing - One-off billing, recurring billing, flexible billing, invoice delivery, hosted invoice pages, and sales tax integrations;Collect Payments - Credit cards, ACH and wire, local payments, retry logic, card updater, payment reminders;Accounting & Reporting - Standard reports, custom reporting, NetSuite integration, Accounting integrations, Third-party integrations
Statistics
Stacks 19.6K	Stacks 158
Followers 14.8K	Followers 171
Votes 665	Votes 0
Pros & Cons
Pros 196 Most known service 135 Consumers know it 113 It's available for many countries 70 Easy 54 Best way to get paid outside US Cons 1 Harder to get started with 1 Less countries supported 1 Not well written recurring payment api	No community feedback yet
Integrations
Formstack Wufoo Constant Contact Shopify Recurly	Stripe NetSuite

What are some alternatives to PayPal, Stripe Billing?

Stripe

Stripe makes it easy for developers to accept credit cards on the web.

Braintree

Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.

Recurly

Recurly is the leading pay-as-you-go recurring billing service because setup is easy, integrations are quick, and our service grows with the needs of your business.

Adyen

A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies.

Qonversion

Qonversion allows fast in-app subscription implementation. It provides the back-end infrastructure to validate user receipts and manage cross-platform user access to paid content on your app, so you do not need to build your own server.

Payoneer

It is a financial services company that provides online money transfer and digital payment services and working capital solutions

TransferWise

It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.

Amazon FPS

With Amazon Flexible Payments Service developers can accept payments on their website for selling goods or services, raise donations, execute recurring payments, and send payments. Amazon customers can pay using the same login credentials, shipping address and payment information they already have on file with Amazon. Amazon FPS supports the processing of payments using credit cards, bank accounts and Amazon Payments account balances to send or receive money.

Zuora

Zuora gives you the enterprise-class, cloud-based tools you need to launch and scale any subscription service, quickly and affordably. Design your pricing and packaging, start taking quotes and placing orders, automate your billing and payments, and keep tabs on your financials.

Razorpay

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and more.

Related Comparisons

Some of the features offered by PayPal are:

2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.
Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.
Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.

On the other hand, Stripe Billing provides the following key features:

Accept Orders - From the dashboard, Stripe.js and Elements, Billing API & Mobile SDKs
Billing & Invoicing - One-off billing, recurring billing, flexible billing, invoice delivery, hosted invoice pages, and sales tax integrations
Collect Payments - Credit cards, ACH and wire, local payments, retry logic, card updater, payment reminders

PayPal vs Stripe Billing