Stripe vs Braintree: Which is The Best Solution for Your Startup?

E-business is ever-evolving, while cash transfer is advancing together with it. These days there are lots of popular online payment solutions that serve as a full-range alternative to traditional payment methods, like money orders, terminals or checks. Payment gateway is a complex service provider that enables card payments for e-commerce businesses and retailers, together with fraud management, data reporting, and other helpful tools.

 Among the top benefits, offered by payment gateway:

  • Twenty-four seven online sales
  • Enhancement of customer engagement and loyalty
  • Real-time payment acceptance
  • Secure transfer of payments
  • Easy currency conversion

Considering a long list of gateway providers, none of the companies takes an increasing share of the market, so competition among them remains severe. PayPal integration is a pioneer online processor with over 14 mln merchants and 184 mln customers, meantime customer preferences are smoothly shifting towards more advanced systems.

Comparing Stripe vs Braintree business owners can hardly see the difference at a glance. Currently these are the most popular options for startup, midmarket companies, and even enterprises.

Stripe online payments system is the most recent alternative for business launch. It is an excellent solution to start handling payments without a lot of fuss and at loyal price. Among the core reasons why clients opt for Stripe are: good API, quick signup process and a bunch of handy business tools. 

Read also: How to Integrate Stripe Payments in Web Application?

Braintree payment solutions company is a PayPal subsidiary since 2013. It also provides developers with nice API, ongoing support and transparent pricing. But clients mostly choose Braintree for their vast experience in assisting trading companies as they develop from the early stages to the very top of major e-commerce market players. 

Stripe vs. Braintree Trends 2016
Google Trends: Stripe vs. Braintree
Braintree vs. Stripe worldwide
Google Trends: Stripe vs. Braintree

Braintree vs Stripe: payment gateway comparison chart

Used By (websites)57.94045.508
Supported PlatformsMagento, BigCommerce, WooCommerce, Spree Commerce, Shopify, etc.Magento, BigCommerce, WooCommerce, Spree Commerce, Shopify, etc.
Transaction Fee
2.9% + $0.30 per transaction
After first $1 mln
2.9% + $0.30 per transaction
After first $50.000
Bitcoin Fee0.8% at $5 & $5 for more than $6251% after first $1 mln
Chargeback Fee
Can be refunded if the dispute is solved by the bank in your favor
International Payment FeeNo1% per transaction
Accepted CardsMasterCard, American Express, Visa, Discover, Diners, JCBMasterCard, American Express, Visa, Discover, Diners, JCB
Other Payment MethodsACH Debits, Bitcoin, Alipay, Apple Pay, Android PayPayPal, Venmo, Apple Pay, Android Pay
Gateway OnlyNoYes. $49 per month and $0.10 per transaction
Payment Settlement
2 business days
(or less frequently if required)
4 business days for American Express and 2 business days for the rest
Works WithOver 300 existing appsOver 40 existing apps
Top ClientsTwitter, Adidas, Best Buy, Target, Under Armour, Blue Apron, Kickstarter, Lyft, HubSpot, Docker, and others.Uber, Airbnb, OpenTable, GitHub, Pinterest, Dropbox, Twilio, Yelp, BaseCamp, and others.

The main difference between stripe and braintree is PCI compliance. In Stripe’s case, all sensitive data and communication never touch your server, so for your company PCI compliance isn’t required. At the time when in Braintree, if you take online payments PCI Security Standards are applied to you.

Read also: How to Create a Two-Sided Online Marketplace Platform?

Stripe vs Braintree payments comparison

Absence of binding monthly fee is listed among the best advantages of stripe. This payment gateway is targeted at developers, so integration and configuration are done like a breeze. Considering the above-mentioned features it is one of the best choices for custom solutions. In conclusion, Stripe review features 97% user satisfaction rate.

Talking about disadvantages of stripe users complain over inability to pay on schedule, to accept e-checks or balance transfer.

Stripe vs. Braintree payment systems for business

As we continue payment providers comparison, let’s move on to pros of Braintree. Being a PayPal subsidiary, Braintree seems to be present in all major countries worldwide. What is more, it is positioned as all-in-one solution with excellent customer support, capability to automatize recurrent payments, to handle international and mobile payments.

Referring to cons of braintree users mainly mention the good ol’ merchant fees.

Final Thoughts

Selecting the most appropriate ways to handle online credit card payments can be an insurmountable challenge at the very beginning. For the majority of vendors proper gateway integration and ability to accept pays online is the main contribution to the success.

Choosing between Stripe and Braintree the determinative factor is the type of business you run. For those companies, that mainly handle international payments, Stripe may be a better solution. Whereas Braintree can be more efficient for local transactions. Beyond that, business owners shouldn’t forget about scalability and potential growth.

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