Software Alternatives, Accelerators & Startups

Stripe Connect VS Privacy.com

Compare Stripe Connect VS Privacy.com and see what are their differences

Stripe Connect logo Stripe Connect

The payments platform for platforms

Privacy.com logo Privacy.com

Get a new virtual card for every transaction
  • Stripe Connect Landing page
    Landing page //
    2023-07-10
  • Privacy.com Landing page
    Landing page //
    2023-07-31

Stripe Connect features and specs

  • Ease of Integration
    Stripe Connect simplifies the integration process with well-documented APIs and SDKs, making it easier for developers to implement payment solutions.
  • Global Reach
    Stripe Connect supports a wide range of currencies and payment methods, enabling businesses to operate internationally and meet the needs of global customers.
  • Customizable Payouts
    Stripe Connect allows for flexible account and fund management, including features like instant payouts and control over payment schedules.
  • Scalable Solution
    Stripe Connect is designed to handle businesses of all sizes, from startups to large enterprises, offering scalability as businesses grow.
  • Comprehensive Reporting Tools
    The platform includes detailed analytics and reporting tools for tracking transactions, simplifying the financial management process.

Possible disadvantages of Stripe Connect

  • Complex Pricing Structure
    Stripe Connect's pricing can be complex, with various fees for different transaction types and countries, potentially leading to unexpected costs for businesses.
  • Limited Customer Support
    Some users have reported that Stripe's customer support can be lacking in responsiveness, which might create challenges when resolving issues quickly.
  • Geographical Restrictions
    While Stripe Connect operates in many countries, there are still geographical restrictions that might limit access for businesses in certain regions.
  • Technical Complexity for Advanced Features
    Implementing advanced features, particularly for customization, may require a high level of technical expertise, impacting ease of use for less technical users.
  • Compliance and Regulation Overhead
    Businesses need to navigate complex legal and regulatory requirements when using Stripe Connect, which might require additional resources and management.

Privacy.com features and specs

  • Enhanced Security
    Privacy.com allows users to create unique, virtual cards for each transaction, reducing the risk of fraud and unauthorized charges on their bank account.
  • Spending Control
    Users can set spending limits on each virtual card, ensuring better budget management and preventing overspending.
  • Merchant Lock
    Virtual cards can be locked to a specific merchant, preventing unauthorized charges from other sources and adding an extra layer of security.
  • Easy Cancellation
    Virtual cards can be easily paused or deleted, which is simpler than canceling a physical card and waiting for a replacement.
  • Privacy Protection
    Since real credit card details are not shared with merchants, users' personal information is better protected against data breaches.

Possible disadvantages of Privacy.com

  • Limited Availability
    Privacy.com currently supports only U.S. bank accounts, limiting access for international users.
  • Funding Source Restrictions
    Users can only link their bank account or debit card as a funding source; credit cards are not supported.
  • Merchant Acceptance
    Some merchants may not accept virtual cards or may have issues processing them, potentially causing inconvenience.
  • Subscription Model
    Advanced features and higher card limits are locked behind a subscription plan, which may not be ideal for all users.
  • Traceability
    While Privacy.com improves security, transactions are still traceable to an extent since they are tied to a user's real bank account.

Analysis of Stripe Connect

Overall verdict

  • Stripe Connect is a highly recommended solution for businesses and developers seeking a reliable, scalable, and feature-rich payment processing service. Its ability to handle complex transactions and facilitate marketplace operations effectively makes it an excellent choice for both small startups and large enterprises.

Why this product is good

  • Stripe Connect is considered one of the leading payment processing platforms due to its robust API, ease of integration, and comprehensive suite of features tailored for businesses. It supports a wide range of payment methods and currencies, making it suitable for companies operating globally. Additionally, Stripe Connect offers advanced functionality for platforms and marketplaces, such as automated payouts, KYC (Know Your Customer) management, and flexible monetization strategies. The platform's reliability, security features, and excellent developer support also contribute to its strong reputation.

Recommended for

  • Marketplaces looking to manage multi-party payments efficiently
  • Subscription-based businesses needing reliable recurring billing
  • Businesses seeking a global payment processing solution
  • Developers needing a flexible and comprehensive API
  • Companies requiring strong security and compliance features

Analysis of Privacy.com

Overall verdict

  • Privacy.com is a reliable and effective tool for those looking to maintain privacy and security in online transactions. Its ease of use and comprehensive features make it a strong choice for individuals who frequently shop online and want to safeguard their payment information.

Why this product is good

  • Privacy.com is considered a good service due to its ability to enhance online security and privacy by generating virtual card numbers. This prevents sharing real credit card information with merchants, reducing the risk of fraud and unauthorized transactions. The platform also offers features like spending limits and merchant locking, giving users more control over their finances.

Recommended for

    Privacy.com is recommended for online shoppers, privacy-conscious individuals, and anyone looking to manage their financial transactions securely. It's especially useful for those who engage with multiple online subscriptions and purchases, providing an extra layer of protection against data breaches and credit card fraud.

Stripe Connect videos

create a marketplace with stripe connect

Privacy.com videos

Privacy.com Review — How this Free Service Can Help Protect Your Money

More videos:

  • Review - A SAFER WAY TO PAY ONLINE (Privacy.com)

Category Popularity

0-100% (relative to Stripe Connect and Privacy.com)
Payment Platform
35 35%
65% 65
Online Payments
16 16%
84% 84
Recurring Billing
63 63%
37% 37
Fintech
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 Stripe Connect and Privacy.com

Stripe Connect Reviews

Top 6 Open Banking API Providers to Consider in 2025 [Updated]
Stripe Connect is primarily known for its payment processing capabilities but offers basic Open Banking API features. While its primary strength is in multi-party transactions, Stripe Connect’s global reach makes it a viable option for businesses seeking a wide range of payment options.

Privacy.com Reviews

  1. CEO

    Real easy to use-- at first. As time went on it got harder and harder to get it to work. Finally it 'lost' my password, so I couldn't use it, and 'Support' never got back to me; but they did send me a 'customer satisfaction survey.' Hah!

    👎 Cons:    No customer support!

Social recommendations and mentions

Based on our record, Privacy.com seems to be a lot more popular than Stripe Connect. While we know about 1010 links to Privacy.com, we've tracked only 29 mentions of Stripe Connect. 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.

Stripe Connect mentions (29)

  • Does this violate Stripe's ToS?
    Thanks for the feedback! I do apologize for the lack of information in my original post. Here's some additional color that hopefully clarifies my use case a bit more: Stripe offers a service called Stripe Connect (https://stripe.com/connect) which enables platforms to have intermediary sellers / merchants which collect money from end customers. Ultimately, this can lead to a scenario where an end customer pays a... - Source: Hacker News / almost 2 years ago
  • Accept PayPal as a payment method with Stripe in the EU, UK and Switzerland
    We recently made PayPal available as a payment method in the EU, UK, and Switzerland, so you can now offer an additional way for your customers to submit payments using their PayPal account. If you have a Connect account, first reach out to the support team to see if you’re eligible. If you’re a direct merchant, meaning you accept payments directly from consumers, let’s go through the steps to enable it. - Source: dev.to / about 2 years ago
  • Is there a way to pay out to clients through Stripe?
    You can do it with Stripe Connect https://stripe.com/connect. Source: about 2 years ago
  • Stripe as payment gateway for a website like Amazon.
    Maybe Stripe Connect would be the best option for the services you are offering: https://stripe.com/connect. If you have any specific questions to your platform, our Sales Team will be happy to help you here: https://stripe.com/contact/sales. Source: about 2 years ago
  • Creating a Direct Deposit Stripe system like Tasker by TaskRabbit
    Previously, our apps have required Sellers/Merchants/Taskers to follow the Stripe Connect flow which is quite extensive. Source: about 2 years ago
View more

Privacy.com mentions (1010)

  • Americans are spending billions on stuff they forget to cancel
    I use a service called Privacy [1] to generate virtual card numbers, which I than use with all of my subscriptions. All of the virtual cards are tied to a physical credit card used as the funding source. I get a notification every time a card is charged or a charge is denied (if it's above the set limit or no longer active). This has saved me from fraud where a single-use virtual card # I used to pay for airport... - Source: Hacker News / over 1 year ago
  • Buying from China...
    Privacy.com is a good one - but I just paypal from temu/ali. Source: over 1 year ago
  • Dbrand refusing to steal my money
    One more option I can think of trying is using privacy.com with you debit card. Source: over 1 year ago
  • Gift cards that work with tutanota.com? Or private virtual cards?
    Ideally would be something I could buy anonymously with cash since I want to use it on a health related site, but I'd accept a private/name hidden card at least. Not sure if privacy.com cards, wise, or others might work with it. Source: over 1 year ago
  • [Game Thread] #10 BYU @ Utah (07:00 PM ET)
    Lol, Also helpful tip. If you're going to use Fubo you should also use privacy.com. It lets you set up single use cards with spending limits so you don't accidently get charged. You can cancel the cards at anytime too. Source: over 1 year ago
View more

What are some alternatives?

When comparing Stripe Connect and Privacy.com, 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

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.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

Neolink.io - White-label acquiring platform to launch and scale payment businesses.

Skrill - Skrill (formerly known as Moneybookers) is the cheaper way to send and receive money worldwide.

Chargebee - Chargebee lets you manage subscriptions and payments at scale, handle custom recurring billing scenarios, reduce subscription churn and simplify accounting.