Which payment provider is advisable for startup e-commerce business: PayPal or Stripe?

Question!

Does anybody has any experience with Stripe payment provider? Which payment provider is advisable for startup business?



Answers

Depends on what you want to do with it.
PayPal is great if you want to start accepting payments in a heartbeat, online and offline.
As with all products / services, depending on your growth speed, you may eventually outgrow it. But for a start-up wishing to accept your first payments it's perfect.

They now offer some pretty strong products with new REST-based API's, accepting card payments directly or guiding buyers through the PayPal site to use any funding source (beyond just card).

By : Robert


Actually, my understanding is that Stripe requires you, the owner to be in the US but you can accept payments from anyone.



Stripe is very friendly to startups and developers. (Disclaimer: I work for Stripe.)

While we don't offer anything like PayPal's Adaptive Payments, I think you'll find the simplicity of the API to be great for getting up and running quickly, so you can go back to worrying about your actual business rather than worrying about how to get paid.

But don't take it from us, ask our users: http://gc-taylor.com/blog/2011/12/8/why-we-ditched-paypal-stripe/.

By : alberge


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By: admin