Stripe
stripe.comSummary
Stripe is a comprehensive payment processing platform that enables businesses to accept online and in-person payments globally. It offers tools for managing subscriptions, invoicing, fraud prevention, and sending payouts to third parties, supporting various currencies and payment methods.
Features9/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
7 of 10
Batch Payments
API Integration
Business Account Features
Invoice Creation
Mobile App
Regulatory Compliance
Customer Support
Real-Time Rate Alerts
Spending Analytics
Multi-User Access
PricingUsage-based
See allCards and wallets
- Accept widely used credit and debit cards, prepaid cards, and digital wallets for online payments.
- + 0.5% for manually entered cards
- + 1.5% for international cards
- + 1% if currency conversion is required
Link
- Autofill your customers’ saved cards and US bank account information to deliver a frictionless customer experience.
Buy Now Pay Later
- Let your customers buy something and pay for it in installments over time.
Bank-based and other payment methods
- Offer bank debits, bank transfers, and other locally relevant payment methods.
- $5.00 cap
Disputes
- Understand and effectively respond to disputes on card transactions (also known as chargebacks) through a guided process.
- Countering rare dispute types may incur network fees.
Smart Disputes
- Automatically compiles and submits evidence to fight eligible disputes for you using Stripe’s AI (public preview)
- Fee to counter disputes waived
Instant payouts
- Access funds within minutes through an eligible debit card or bank account. Alternatively, pay out your funds on our standard schedule for free.
- Minimum fee of 50¢
- (Pricing differs for Connect users)
Foreign Exchange Quotes API
- Set and manage prices in multiple currencies with rate locking for up to 24 hours.
- Rate locking starting at + 0.07%
Custom domain
- Use your own domain while hosting your payments page or customer portal on Stripe.
Post-payment invoices
- Automatically generate an invoice after a one-time purchase.
- $2.00 cap per invoice
Cards and wallets
- Accept widely used credit cards, debit cards, and digital wallets for in-person payments.
- + 1.5% for international cards
- + 10¢ per authorization for Tap to Pay
- Accept contactless payments without additional hardware using compatible iPhone or Android devices.
- + 5¢ per authorization for optional point-to-point-encryption
- Access PCI-certified point-to-point-encryption (P2PE) required in certain industries. All Terminal transactions are end-to-end encrypted by default.
Radar’s machine learning
- Fraud protection powered by billions of data points across the Stripe network.
- Waived for accounts with all payment methods on standard pricing
Radar for Fraud Teams
- Advanced fraud protection tools allowing for greater control and customizable settings. Includes Radar’s machine learning.
- This price applies to Radar for Fraud Teams for businesses with all payment methods on standard pricing.
Dispute prevention
- Help reduce dispute rates with dispute prevention tools powered by Verifi from Visa and Ethoca from Mastercard.
- Included Dispute deflection lookups
Domestic payouts
- Send money domestically to a recipient with your choice of payment rail and speed.
International payouts
- Send money directly to recipients in 50+ countries with your choice of payment rail and speed.
- cross-border fees starting at + 0.25%
- Cross-border fees depend on recipient country.
- FX fees starting at + 1%
- FX fees vary by merchant country.
Card creation
- Create and issue cards instantly and get branded physical cards shipped in just two days.
- Custom cards subject to additional pricing. Shipping rates not included.
International payments
- Support international card payments for your business or your customers.
- + 1% if currency conversion is required
Pay monthly
- Annual subscription. Paid monthly. Based on a volume tier that works for your business.
- Subscription and cancellation terms apply.
Pay as you go
- Pay for what you use. No recurring fees. Best for low or unpredictable volume.
- Includes Billing transactions processed on and off Stripe. Excludes one-off invoices.
Starter
- Invoicing features to get started quickly.
Rationale
Stripe offers global payment processing and payout services, including features like transparent pricing, fast payouts, and batch payments. While it facilitates international transactions and multi-currency management, it primarily focuses on payment processing for businesses rather than providing a multi-currency account or borderless debit card for individual users, which are core to the Wise concept. Stripe's 'Global Payouts' feature allows sending money to third parties in local currencies, and their pricing page mentions currency conversion fees, but it doesn't explicitly state 'mid-market exchange rate transfers' as a core value proposition in the same way Wise does. However, it does offer many 'other' features that align with the concept.
