Software Alternatives & Reviews

Melio VS Stripe

Compare Melio VS Stripe and see what are their differences

Melio logo Melio

A digital bill payment solution for small businesses. Pay and get paid for invoices quickly, simply, and without any of the usual costs. Increase cash-flow and reduce hassles by scheduling payments with bank transfers, debit cards, or credit cards.

Stripe logo Stripe

Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.
  • Melio Landing page
    Landing page //
    2023-03-10

Melio allows small businesses to take control of their cash flow with flexible business payments. A free and easy-to-use B2B payment solution, Melio has no setup or monthly fees. It helps small businesses in the US pay any business expense by ACH bank transfer or credit card - even where cards aren’t accepted. And vendors still get paid their way - by check or bank transfer.

Why Melio: Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment (2.9% fee). Vendors receive a check or bank deposit. Pay with a credit card and hold onto cash for up to 45 extra days. Collect points and rewards along the way. The platform is user friendly, reduces costs. saves you time, and enables SMBs to focus their business rather than logistics. It has a seamless sync with QuickBooks and Xero, which eliminates a dual entry of vendor/bill information.

Currently, Melio is available to small businesses in the US only, though it enables international payments.

  • Stripe Landing page
    Landing page //
    2023-10-20

Melio videos

Pay Your Vendors Like A Tech Smart Boss With Melio (Onboarding and Review)

More videos:

  • Demo - Melio Demo with David Leary

Stripe videos

PayPal VS Stripe 2020: Which Online Payment Processor Is Best For Your Business?

More videos:

  • Review - Stripe Review Video
  • Review - BEWARE: CLOSE YOUR STRIPE ACCOUNT!!! *BEFORE THEY DO*

Category Popularity

0-100% (relative to Melio and Stripe)
Online Payments
3 3%
97% 97
Accounts Payable
100 100%
0% 0
Recurring Billing
0 0%
100% 100
Money Transfer
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Melio and Stripe

Melio Reviews

4 Best Bill.com Competitors And Alternatives (2022)
This is no reason to be discouraged. There are Bill.com competitors out there, Melio ranking at the top, that are tailor made for small businesses like yours. Melio has a simple, yet fitting tool set, at an incredibly affordable rate for any small business. That’s why I would recommend Melio over Bill.com for any small business in the US.
Source: smbillion.com

Stripe Reviews

Payment Platforms Comparison: Stripe vs Chargebee vs Paddle vs Recurly
Stripe is a payment processor. Its software and APIs enable businesses to accept payments, send payouts, and manage their businesses online. Stripe offers its customers a full-stack payment process – it serves as both a third-party payment processor and a payment gateway.
Source: rainex.io
9 Gumroad Alternatives to help you get started asap
From Sahil's statements, Gumroad uses Stripe for processing the payment and Stripe is charging Gumroad. So, whatever 2.9% is paid by the seller is actually going to Stripe (roughly 2-3%) but not to Gumroad.
5+ Best Payoneer Alternatives For Freelancers & Businesses
Unlike Payoneer, Stripe enables you to collect recurring payments. So if you have a business that uses a subscription/recurring model, Stripe would be an ideal choice.
9 Best Payoneer Alternatives for Freelancers | 2022
With organizations such as Shopify, Zoom, Amazon, and Booking.com using it for payment collection you can be sure as a freelancer to never miss on your pay with Stripe. And just like PayPal, Stripe allows for the collection and sending of cash internationally and domestically.
10 Best Payment Gateways for Your Online Business in Malaysia (2021)
Stripe is one of the fastest growing payment solutions in the world. Thanks to it being developer-friendly, you’ll find Stripe integrated with a large number of popular sites and apps online.

Social recommendations and mentions

Based on our record, Stripe seems to be a lot more popular than Melio. While we know about 240 links to Stripe, we've tracked only 4 mentions of Melio. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Melio mentions (4)

  • How open are you with your account and routing numbers?
    I Use Melio Payments (https://meliopayments.com/) - You can set up a free account and you can have them send you money or you can send out money via ACH (which is free) or use a debit or credit card account (Fee associated). I use it to pay my sub contractors weekly. You can only see the last 4 digits of the banking info once you have sent or received it. Ive been using them for almost 2 years and no complains. Source: about 1 year ago
  • Amex Business Plat To Pay Invoices
    You can look into https://meliopayments.com/ . They're basically Plastiq for businesses and support Amex, but they're gonna have a fee. So unless you're trying to hit a SUB, it's not gonna be worth it. Source: about 1 year ago
  • I said what I said
    Looking around for 2 seconds I found this.. https://meliopayments.com. Source: over 1 year ago
  • Invoicing app that is not too fancy.
    Oh Sorry. I didn't realize. I had a vendor just switch to Melio. They're similar in that you can choose a wire or a card etc. Maybe that'll work? meliopayments.com. Source: over 2 years ago

Stripe mentions (240)

  • Start Charging Customers with Django and DjStripe
    Head to Stripe and register if you haven't already. We can use the Stripe API in Test Mode to build the e-commerce app. You can add a bank account and get verified later when you're ready to start collecting real payments. - Source: dev.to / 4 days ago
  • Highlights from Stripe's annual 2023 letter
    Stripe published its 2023 annual letter last week. Much like the previous edition it was filled with a lot of interesting nuggets. Stripe has a strong history of being fairly transparent with its practices. These range from engineering challenges through its blogs as well as thought leadership in the financial and entrepreneurship space. I personally like the writing style of this letter as it doesn’t seem... - Source: dev.to / about 1 month ago
  • Hyper IDE, using No-Code and Low-Code to Generate Software
    Imagine you want to create an API endpoint that allows users to register in your backend, while simultaneously making a payment towards Stripe. This could be for something that's a subscription-based service, where you charge people for access to something. - Source: dev.to / 3 months ago
  • We made a tool to detect big signups to your SaaS app. Want to be a beta tester?
    Our app – Upollo – connects with your app event data (like Segment) and payment data (like Stripe) to analyze your users and instantly figure out if someone is an important player in your industry. We also help you convert more users, reduce churn, and expand single seats to teams within a company. We're SOC 2 certified and we take data security very seriously. Source: 5 months ago
  • Roast my landing page: AI version?
    That's cool - my page is still under development. But have you tried running it on something like https://stripe.com/ to see if the generates interesting results. Could share results here? DMing you also. Source: 5 months ago
View more

What are some alternatives?

When comparing Melio and Stripe, you can also consider the following products

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Metaprise - Pay & Get Paid The Way You Want.

Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.