Software Alternatives, Accelerators & Startups

PayPal Braintree VS Verifone

Compare PayPal Braintree VS Verifone and see what are their differences

PayPal Braintree logo PayPal Braintree

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

Verifone logo Verifone

Verifone (formerly 2Checkout) is a third-party payment platform that allows businesses to accept both mobile and online payments from customers around the globe.
  • PayPal Braintree Landing page
    Landing page //
    2018-10-10
  • Verifone Landing page
    Landing page //
    2023-09-16

PayPal Braintree features and specs

  • Comprehensive Payment Options
    Braintree supports a variety of payment methods, including credit/debit cards, PayPal, Apple Pay, Google Pay, and more, giving businesses the flexibility to offer multiple payment options to their customers.
  • Global Reach
    Braintree offers support for multiple currencies and countries, making it suitable for businesses that operate or plan to operate internationally.
  • Developer Friendly
    Braintree provides extensive documentation, SDKs, and APIs, making it an excellent choice for developers looking for easy integration and customization.
  • Advanced Security
    Braintree offers robust security features such as PCI compliance, data encryption, and fraud detection tools to ensure transactions are secure.
  • Transparent Pricing
    Braintree offers straightforward and transparent pricing without hidden fees, making it easier for businesses to understand their costs.
  • Recurring Billing
    Braintree supports subscription-based billing and recurring payments, making it ideal for businesses that offer subscription services.

Possible disadvantages of PayPal Braintree

  • Complex Onboarding
    Some users have reported that the onboarding process can be complicated and time-consuming, especially for smaller businesses or those with less technical expertise.
  • Fees for International Transactions
    While Braintree supports global transactions, there are additional fees for currency conversion and international payments, which can add up for businesses with a large international customer base.
  • Limited Customer Support
    Some users have experienced difficulties with the limited availability of customer support, especially when dealing with urgent issues.
  • Complex Fee Structure
    While Braintree's pricing is transparent, it can still be complex with various fees for different types of transactions, making it harder for businesses to estimate their exact costs.
  • Settlement Times
    The time it takes for funds to be settled into the business's bank account can be longer compared to some other payment processors, which might be a concern for businesses needing quicker access to their funds.

Verifone features and specs

  • Global Reach
    2Checkout supports a wide range of currencies and payment methods, allowing businesses to cater to a global audience. This can be particularly beneficial for companies looking to expand internationally.
  • Versatile Payment Methods
    2Checkout accepts various payment methods, including credit cards, PayPal, and local payment options. This versatility can help increase conversion rates by accommodating customer preferences.
  • Comprehensive Features
    2Checkout offers a robust set of features, including recurring billing, fraud protection, and customizable checkout options. These features provide a seamless checkout experience for customers and protect businesses from fraudulent transactions.
  • Easy Integration
    The platform offers a range of integration options with major eCommerce platforms and APIs, making it relatively easy to set up and customize for business needs.
  • Good Reporting Tools
    2Checkout provides detailed reporting and analytics tools that help businesses monitor sales, revenues, and customer behavior. These insights can be valuable for strategic decision-making.

Possible disadvantages of Verifone

  • Higher Fees
    2Checkout tends to have higher transaction fees compared to some other payment gateways, which can affect the profitability of small businesses or those with a high volume of transactions.
  • Customer Support
    Some users report that the customer support can be slow or unresponsive at times. Efficient customer support is crucial for resolving issues promptly and maintaining business operations.
  • Complex Pricing Structure
    The platform's pricing structure can be somewhat complex and may include hidden fees, making it challenging for businesses to predict and manage costs accurately.
  • Limited Customization
    While 2Checkout offers customizable checkout options, some businesses find the level of customization limited, especially when compared to other more flexible payment gateways.
  • Delayed Payouts
    Some users have reported that payout times can be slower than expected, which can affect cash flow management for businesses that rely on timely revenue collection.

Analysis of PayPal Braintree

Overall verdict

  • Yes, Braintree Payments is generally considered to be a good option for businesses looking for a reliable, secure, and flexible payment processing solution. It benefits from PayPalโ€™s infrastructure and reputation while providing a suite of advanced tools that are appreciated by both developers and end users.

Why this product is good

  • Braintree Payments, a division of PayPal, is highly regarded for its robust payment processing solutions that cater to both large enterprises and smaller businesses. It offers a wide range of features including support for multiple currencies, fraud protection, seamless integration options, and a flexible pricing model. Its developer-friendly platform includes comprehensive documentation and tools, making it easier to implement customized payment solutions.

Recommended for

  • E-commerce businesses seeking a robust payment gateway.
  • Merchants requiring multi-currency processing.
  • Startups and developers needing flexible integration options.
  • Companies looking for advanced fraud protection features.

Analysis of Verifone

Overall verdict

  • Verifone is generally considered a solid choice for businesses that require a comprehensive payment solution with strong global capabilities. It is trusted by many users for its flexibility and robust security features. However, some users may find its fee structure higher compared to other providers, which should be considered when evaluating its value.

Why this product is good

  • Verifone (formerly known as 2Checkout) is a well-established payment service provider known for its global reach and versatility. It offers a robust platform for handling online payments, subscriptions, and global taxes, making it a popular choice for businesses looking to expand internationally. With a wide range of payment options and strong security measures, Verifone provides a reliable solution for managing transactions efficiently.

Recommended for

  • Businesses seeking a global payment solution with multi-currency support.
  • Companies needing a secure and reliable platform for handling subscriptions and recurring billing.
  • Merchants requiring extensive customization and integration capabilities with other eCommerce platforms.

PayPal Braintree videos

Collect payments with the Braintree payment processor

More videos:

  • Review - Kai's Paypal vs Braintree vs Stripe tour

Verifone videos

2Checkout: The Good, The Bad and The Ugly

More videos:

  • Tutorial - How To Get Your 2Checkout Account Approved For Dropshipping | #62
  • Tutorial - How To Use 2Checkout To Process Payments On Your Shopify Store

Category Popularity

0-100% (relative to PayPal Braintree and Verifone)
Online Payments
80 80%
20% 20
eCommerce
0 0%
100% 100
Payment Platform
68 68%
32% 32
Finance
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 PayPal Braintree and Verifone

PayPal Braintree Reviews

What to Use Instead of PayPal? 10 Best PayPal Alternatives
Braintree is a PayPal service, but it is still one of the PayPal alternative payment methods worth considering. There is no monthly fee for using this payment service. Accepting payments from credit or debit cards or digital wallets costs 2.59% + $0.49 per transaction. You can also use Braintree to accept Venmo payments in the United States, but this costs 3.49% + $0.49....
Best payment gateway: Top 7 best payment gateways
Braintree, which belongs to PayPal, offers both in-store and online payment processing. Itโ€™s a simple service that accepts all the most popular payment methods, with a sleek interface.
Source: wise.com
Would you use Paddle, Chargebee, Chargify, or just Stripe?
The value that those services provide is a single solution for both PayPal and Stripe. It's tempting, but paying someone forever like that isn't ideal. I would roll Stripe to start, then implement Braintree for PayPal at a later time.
Australian Payment Gateways
Ideal for companies who want to want to expand globally (similar to Stripe mentioned above), Braintree (a subsidiary of PayPal) accepts payments in more than 130 currencies, with minimal fees. They also offer a premium mobile experience, accepting cards, PayPal and Apple Pay, and have flexible features including the ability to split payments between you and your...

Verifone Reviews

We have no reviews of Verifone yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Verifone seems to be more popular. It has been mentiond 1 time since March 2021. 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.

PayPal Braintree mentions (0)

We have not tracked any mentions of PayPal Braintree yet. Tracking of PayPal Braintree recommendations started around Mar 2021.

Verifone mentions (1)

What are some alternatives?

When comparing PayPal Braintree and Verifone, you can also consider the following products

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

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 Stripeโ€™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.

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

FastSpring - With FastSpring, software companies sell more, stay lean, and compete big.