Software Alternatives & Reviews

Open.money VS Magento

Compare Open.money VS Magento and see what are their differences

Open.money logo Open.money

Open is a connected banking platform for business payments that simplifies the process of sending, receiving, and reconciling payments for businesses.

Magento logo Magento

Magento is the eCommerce software and platform trusted by the world's leading brands. Grow your online business with Magento.
  • Open.money Landing page
    Landing page //
    2023-09-18

Founded in 2017, OPEN is a business payments platform that empowers SMEs, startups and freelancers to manage everything from accounts payables, accounts receivables, to auto-reconciliation, accounting, expense management, compliance and payroll in one single platform. Today the platform powers more than 40 lakh SMEs and processes over USD 30 billion in annualized transactions. The platform also adds over 100,000 SMEs every month, making it the fastest-growing platform in this space globally.

In May 2022, OPEN raised its Series D round and became the 100th Unicorn from India. OPEN is backed by leading global investors like IIFL Finance, Temasek, Google, Visa, Tiger Global, Beenext, Recruit Strategic Partners, 3one4 Capital, Speedinvest, Tanglin Venture Partner Advisors, Angellist, Unicorn India Ventures, to name a few and has raised over USD190 million in funding to date.

  • Magento Landing page
    Landing page //
    2023-07-09

Magento

Pricing URL
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$ Details
free
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Open.money videos

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Magento videos

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Category Popularity

0-100% (relative to Open.money and Magento)
Online Payments
100 100%
0% 0
eCommerce
0 0%
100% 100
Accounting & Finance
100 100%
0% 0
eCommerce Platform
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Open.money and Magento

Open.money Reviews

  1. Great app

    Overall, I highly recommend Open to fellow entrepreneurs and business owners. The platform offers a comprehensive set of features that streamlined my financial operations. Open provides tools for tracking expenses, invoicing clients, and managing cash flow. The user-friendly interface makes it easy to navigate and access the necessary information efficiently. The ability to connect multiple bank accounts and view consolidated financial data in one place has saved me a tremendous amount of time and effort. However, I do miss the founder's One Card, which was a valuable addition to the platform. I hope that Open considers relaunching it soon, as it provided convenience and enhanced control over business expenses.

  2. Simplifies transactions and exceptional support

    I have been utilizing Open for my business transactions, and it has been an incredible experience. It seamlessly integrates with my existing systems, making the payment process straightforward. I feel extremely secure using it, and whenever I have had inquiries, their customer support has been exceptionally helpful. Open provides a variety of payment options, which has significantly contributed to the growth of my business. Overall, my experience with Open has been exceptional.

  3. Effortless Financial Tracking with Open's Digital Dashboard

    The open digital dashboard provides the summary of my account balances, payables, and receivables, making it easy to track my finances. Moreover, the beneficiary management feature simplifies handling recipients, ensuring seamless and efficient transactions. I enthusiastically recommend it to anyone seeking to streamline their financial management.

Magento Reviews

Top 10 Web Content Management Systems
If Shopify was not the eCommerce CMS that you were looking for, then Magento should do the trick for you. Magento comes in two different variations. First is the official Adobe release which is an enterprise CMS and needs a subscription fee to run. The other however is one of the best free CMS eCommerce options, known as Magento Open Source. The principal difference between...
Source: cloudzy.com
Best eCommerce Platform for Auto Parts
Adobe now owns Magento, a free and open-source eCommerce platform. Additionally, “Adobe Commerce,” a paid, cloud-hosted version of Magento marketed particularly at bigger companies. A highly effective and scalable eCommerce platform for auto parts is Magento (Adobe Commerce). Some of the greatest businesses in the world, like Procter & Gamble, Coca-Cola, and Nike, trust it.
Source: www.ayatas.com
Top 10 Competitors and Alternatives to Handshake in 2022
‍Built and made for enterprises, Magento offers complete control over your website so that your developer can create a unique web presence while prolonging server autonomy. As a product of Adobe, Magento provides several personalization solutions for big-time companies that plan to scale more. Even though you need a developer to get started with, your non-technical teams...
Source: www.growmax.io
8 Great Drupal Alternatives to Try for your Website (Nov 2021)
Magento is another popular Drupal alternative, and one of the best-known ecommerce platforms on the market today. Designed to support growing and new businesses alike, Magento is highly scalable and brimming with excellent features. You can access this solution as a free-to-use, open-source software, just as you would with Drupal. Magento, like Drupal requires some basic...
The Ultimate List of eCommerce Websites to Sell Auto Parts Online
Altos Digital: A complete digital solutions company that helps you sell your catalog on Shopify, Magento, Volusion and WooCommerce. They engineer and architect catalog data for a competitive advantage online. Altos Digital offers:

Social recommendations and mentions

Based on our record, Magento seems to be a lot more popular than Open.money. While we know about 12 links to Magento, we've tracked only 1 mention of Open.money. 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.

Open.money mentions (1)

  • open.money bank reviews
    Has anyone used open.money for banking purpose? Source: about 1 year ago

Magento mentions (12)

  • How to Test the Magento API in Postman?
    Overall, Magento API and Postman provide developers with powerful tools to interact with the Magento e-commerce platform and build integrations or extensions that enhance its functionalities. - Source: dev.to / 9 months ago
  • Medusa vs. Magento: A Comparative Analysis
    In today's fast-paced digital age, e-commerce has become a crucial aspect of businesses worldwide. With the rise of online shopping, companies are looking for highly scalable, reliable, open-source, and cost-effective e-commerce platforms to sell their products and services. The use of open-source e-commerce platforms has gained popularity due to their flexibility, scalability, and affordability. However, with so... - Source: dev.to / about 1 year ago
  • Medusa vs. Magento: A Comparative Analysis
    This section summarizes the comparison between Medusa and Magento. - Source: dev.to / about 1 year ago
  • Best Shopify Alternatives for Your Online Store
    Magento is a popular e-commerce platform that was introduced first in 200, later it was acquired by adobe in 2018. Magento is created with open-source technology and it is suitable for all sizes of businesses either large or small. Source: about 1 year ago
  • SaaS eCommerce platforms
    In comparison to a SaaS eCommerce platform, a self-hosted solution requires more technical skill and maintenance; however, it is the most flexible option for those looking for complete customization capabilities. Self-hosted solutions do not have any limits and the website can be tailored in many different ways. Examples of self-hosted eCommerce websites are Uvodo, Magento Enterprise Edition, OpenCart,... Source: over 1 year ago
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What are some alternatives?

When comparing Open.money and Magento, you can also consider the following products

Razorpay - Payment gateway solution for India with robust, developer friendly API and simple economic pricing.

Shopify - Shopify is a powerful ecommerce platform that includes everything you need to create an online store and sell online. Try it free for 14 days.

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.

WooCommerce - A freely available eCommerce plugin that enables shop facilities on your WordPress website. Functionality enabling extensions & beautiful themes available.

Zoho Books - Smart Accounting for Growing Business

PrestaShop - Create your online store with PrestaShop's free shopping cart software. Build an ecommerce website for free and start selling online with hundreds of powerful features.