Stripe vs Braintree vs PayPal: Top Online Payment Services

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Stripe vs Braintree vs PayPal: Top Online Payment Services

Stripe vs Braintree vs PayPal: Top Online Payment Services

Stripe vs Braintree vs PayPal

As a matter of fact, more and more businesses are creating an online presence. Of course, when your business accepts online payment from customers, you are confused between Stripe vs Braintree vs PayPal payment gateway, and this is an essential part of your day-to-day business. So, you need a trusted payment gateway, that will help you to process payments through your website without any problem.

Another key point, a payment gateway is a service that will transfer information securely between the website, your acquiring bank, and the customer’s credit card issuer.

Not to mention, there are myriad options for both merchant accounts and payment gateways, though they can vary greatly.

The online payment gateways is been popular for several reasons

  • The transfer of payment is convenient
  • Security by encryption provides good security
  • All transactions are guaranteed for customers

Types of Payment Gateways

1. Cash cards

2. Credit card/debit card

3. Net-banking

However, the choice of a payment gateway is the most important part of online payment. Nonetheless, the online payment gateways make your transaction hassle-free.

With this in mind compare online payment systems Stripe vs Braintree vs Paypal, and choose the one that best suits your business goals and your user’s demands.

What are payment gateways: Stripe vs Braintree vs PayPal

Stripe vs Braintree vs PayPal

Stripe is a US-based payment app that allows a seamless online payment experience. Furthermore, it helps move money simply to individual users, and businesses, to make the payment effortless.

By the same token, for both start-ups and large corporations, this software is ideal. Equally important, the Stripe payment app is used by Shopify, Dribble, Amazon, Foursquare, and many other such companies.

It is important to realize that Braintree payment gateway software works especially for eCommerce companies. Perfectly it works for the web as well as mobile.

Quick History

It was launched in 2007 and accepts every type of card for online transactions. This payment gateway software to emphasize is used by Airbnb, Github, Twillo, Uber, and many more.

It must be remembered that Braintree acquired Venmo and after that PayPal acquired Braintree, which helps Braintree to gain a larger market share.

Also, given these points, PayPal allows users to send and request money online faster and safer. On the other hand, you can send money abroad to family and friends which significantly offers peer-to-peer transactions. PayPal is accepted by companies that include Pandora, eBay, Expedia, and

Be that as it may, according to Google trends, people show more interest in the PayPal payment gateway than the stripe or Braintree payment gateways. The countries that top the list of interests are South Korea, Denmark, and Ireland.

How do Payment Gateways Work?

Stripe vs Braintree vs PayPal

A payment gateway focuses on securing sensitive information and ensures the funds are available and eventually enables merchants to get paid. It ensures a secure connection between the client, an online platform, and a bank account.

At the same time, in real-time, the gateway authorizes electronic payments. If you want to purchase something online, a payment gateway easily completes the transaction in a few core tasks.

The workflow – Stripe vs Braintree vs PayPal

The workflow of these payment gateways is almost similar. In addition, to make the transaction, the customer chooses the type of payment method and enters the necessary details.

The customer-chosen payment gateway encrypts the credit card data and sends it to the client’s bank for authorization. Equally, important the bank processes the request to approve or decline and sends a response back to the payment gateway.

Furthermore, immediately the payment gateway sends the response to your website and the customer.

The greatest advantage of this system is that it secures data. Comparing the three payment gateways, PayPal is the fastest one to make the transactions. PayPal reflects foreign transactions in a period of only 2 days.

Stripe vs Braintree vs PayPal – Pricing

Stripe vs Braintree vs PayPal

What are the fees for stripe accounts?

The pricing of these three payment gateways is pretty similar. However, the pricing will depend on your country.

Let us see the pricing for three, one by one.
For stripe, they charge an amount of 2.9% plus $0.30 each time you receive a credit or debit card payment.

There are no hidden charges, monthly, or set-up fees. There is an additional 1% conversion fee for international cards. For the refund process, stripe does not charge any type of fee.

The payment process of the stripe is transparent. In the documentation, users can see stripes pricing wherein the Stripe Dashboard can also see the fees charged for each payment.

1. 2.90% + $0.30 per transaction

2. 1% transaction currency conversation

3. No monthly fee

4. $15 chargeback

5. 0.80% ACH processing

What are the fees for Braintree accounts?

Braintree, charge 2.9% for every transaction done from the card or digital wallet. There will be no hidden cost, but for the multicurrency, they will charge a 1% fee as well as international transactions.

Except for USD, this fee applies to any other currency. 0.30% of charges will be taken for the refund. On the company’s website, you can find all these fees in the pricing details. It enables you to know the pricing in a different country.

1. 2.90% + $0.30 per transaction

2. 1% transaction currency conversation

3. No monthly fee

4. $15 chargeback

5. 0.75% ACH processing

What are the fees for PayPal accounts?

PayPal charges are the Similarly to Stripe’s, 2.9% plus $0.30 per transaction. For charities, PayPal offers a discount rate of 2.2% plus $0.30 per transaction. PayPal takes 4.4% per transaction for international sales, plus a fixed fee based on the currency received.

1. 2.90% + $0.30 per transaction

2. Payments Pro Plan – $30.00 a month

3. Standard Plan – no monthly fee

4. 1-4% transaction currency conversion

5. $20 chargeback

Which Countries Support Online Payment Gateway?

The providers offer services in many countries, you should check if they cover the country you are targeting.

Stripe payment gateway is active in 26 countries, which includes the US, the UK, New Zealand, Canada, Sweden, and Spain.

Braintree serves 46 countries in North America, Australia, Europe, and Asia.

PayPal services are available in more than 200 countries worldwide.

Everything You Should Know About Payment Security

Stripe vs Braintree vs PayPal

Paypal Payment Security

In PayPal, it is easy to store the credit cards of the user in a secure vault rather than getting them stored on your servers. Some vendors think that there is no defense against PayPal fraud where you can get your hands on an advanced anti-scamming toolkit for @10/month + $.05/transaction.

Stripe Payment Security

Strips online transactions support safe development, where it protects against potential data breaches.

Braintree Payment Security

Braintree fraud protection involves 3D Secure and advanced anti-scam choices. Based on particular warning signs, you can adjust the parameters to automatically discard transactions.

Supported Payment Types & Methods

Once you know your target audience, manage your payment methods. Here is the list of the payment methods that each service processes.

What types of credit cards are accepted by PayPal?

PayPal accepts Visa, Mastercard, Maestro, JCB, American Express, Discover, and Diners Club credit cards. Users can pay using PayPal accounts.

However, the payment does not accept any other payment method such as Bitcoin.

Which types of credit cards are accepted by PayPal?

Stripe accepts Visa, American Express, Maestro, Mastercard, Discover, and Diners Club cards as well as Apple Pay, Android Pay, Amex Express Checkout, AliPay, Pay with Google, Bitcoin, and ACH transfer.

Types of credit cards are accepted by Braintree

Braintree accepts Visa, Maestro, Mastercard, JCB, American Express, Discover, Diners Club, Apple Pay, MasterPass, Android Pay, Union Pay, Visa Checkout, Amex Express Checkout, Pay with Google, ACH transfer, PayPal, Venmo, and Bitcoin are also supported.

What are the payment gateways responsible for?

Manages the merchant’s switch configurations:

Each merchant payment configuration defines a sub-merchant ID. They communicate with the payment switch using this ID and validate transactions.

Merchants transaction roles

There are the minimum and maximum limitations for merchant transactions from a card in a day.

Manages the merchant’s 3D secure configuration

With the help of a payment switch, the payment gateway communicates with the card network and checks if the cardholder is enrolled for the 3DS. The related MPI lookup in Card’s directory services returns a response to the payment gateway.

Process payments

It processes payments by making a request to the payment switch and receives results and returns to the customers.

Sends payment records

Sends confirmation and receipts to merchants and customers.

Encryption and security

Ensures that your financial data is extremely sensitive.

Payment Gateway Steps in the Regular Transaction


A payment gateway encodes the data or information exchanged between merchants and customers securely.


Getting approval from the bank to issue the credit card while the payment process.


The bank authorizes the transaction to carry on and move to the next phase.

In conclusion

Technology has progressed that allows you to transfer payments online, transparently, and safely.

We have mentioned above all the factors of payment gateways but the success of an online business can be ensured with customer satisfaction, so carefully choose a reliable and suitable payment gateway.

The three online platforms have their specialty. The choice of your payment gateway should be completely based on your needs.

Look at your personal business needs and choose the platform which best suits you.

FAQs of Payment App Development


Kush P

Kush Patel is the Chief Technical Officer and Managing Director of Echo Innovate IT – a software development company. He is responsible for the overall operations of the company and has played a major role in making Echo innovate IT the top-notch IT services provider and transforming it into a globally trusted web and app development company.