Software Alternatives, Accelerators & Startups

Stripe VS Amazon Pay

Compare Stripe VS Amazon Pay and see what are their differences

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.

Amazon Pay logo Amazon Pay

Amazon Pay is an online payment service that makes checkout on your site fast and secure for hundreds of millions of Amazon customers around the world.
  • Stripe Landing page
    Landing page //
    2024-04-30
  • Amazon Pay Landing page
    Landing page //
    2023-07-27

Stripe features and specs

  • Comprehensive API
    Stripe offers a robust and well-documented API that allows businesses to customize their payment processing to suit their specific needs.
  • Global Reach
    Stripe supports payment processing in multiple countries and currencies, making it ideal for businesses with international clientele.
  • Advanced Security
    Stripe provides advanced security features, such as PCI DSS compliance and fraud prevention tools, ensuring that both businesses and customers are protected.
  • Scalability
    Stripe is suitable for businesses of all sizes, from startups to large enterprises, offering solutions that scale with the business's growth.
  • Rich Feature Set
    In addition to payment processing, Stripe offers a wide range of features including subscription billing, invoicing, and marketplace payments.
  • Integration with Popular Platforms
    Stripe easily integrates with popular e-commerce platforms like Shopify, WooCommerce, and Magento, simplifying the setup process.

Possible disadvantages of Stripe

  • Costly for High-Volume Businesses
    Stripe's transaction fees can become expensive for high-volume businesses, especially when compared to other payment processors that offer volume-based discounts.
  • Complex Setup
    For businesses without a dedicated developer or technical team, setting up Stripe’s API and customizing it can be complex and time-consuming.
  • Limited Customer Support
    Some users have reported that Stripe's customer support can be slow to respond and may not always provide satisfactory solutions to issues.
  • Account Stability
    There have been instances where Stripe has abruptly terminated accounts or held funds, causing disruptions to businesses.
  • Subject to Chargebacks
    Like other payment processors, Stripe is not immune to chargebacks, which can be a significant issue for certain types of businesses.

Amazon Pay features and specs

  • Wide Acceptance
    Amazon Pay is widely accepted by numerous online retailers, making it convenient for customers who frequently shop online.
  • Security
    Transactions made with Amazon Pay are securely processed with Amazon's robust security infrastructure, providing peace of mind to users.
  • Ease of Use
    Amazon Pay allows customers to complete transactions quickly using their existing Amazon account details, eliminating the need to enter payment information repeatedly.
  • Customer Trust
    Many customers trust Amazon because of its well-established reputation, which can also increase trust in the merchants that offer Amazon Pay as a payment option.
  • Integration with Alexa
    Amazon Pay integrates smoothly with Amazon Alexa, allowing for voice-activated payments and a more streamlined user experience.
  • Loyalty Points
    Users can earn and use Amazon reward points with Amazon Pay, adding an extra incentive for frequent Amazon customers.

Possible disadvantages of Amazon Pay

  • Merchant Fees
    Merchants are required to pay transaction fees for using Amazon Pay, which can be a drawback for small or cost-sensitive businesses.
  • Limited Availability
    Amazon Pay is not available in all countries, restricting its use to specific geographic locations.
  • Dependency on Amazon Account
    Users need to have an active Amazon account to use Amazon Pay, which could be inconvenient for those who do not use Amazon regularly.
  • Competition
    Amazon Pay faces strong competition from other established digital payment services like PayPal, Apple Pay, and Google Wallet, which might offer similar or better features.
  • Data Privacy Concerns
    Some users may be wary of Amazon having access to detailed information about their shopping habits and transaction history, raising privacy concerns.

Analysis of Stripe

Overall verdict

  • Yes, Stripe is generally considered a good choice for businesses looking for reliable and flexible payment processing solutions. It is praised for its developer-friendly design and its capability to support complex billing models.

Why this product is good

  • Stripe is widely regarded as a good payment processing platform due to its ease of use, robust API, comprehensive documentation, and the ability to handle various payment methods across multiple countries. It also offers advanced security features, fraud prevention tools, and a scalable infrastructure suitable for businesses of all sizes.

Recommended for

  • E-commerce businesses seeking a reliable payment gateway
  • Developers looking for a customizable and programmer-friendly API
  • Startups and SMEs for scalability and ease of integration
  • Global businesses that need multi-currency support and international payment options

Analysis of Amazon Pay

Overall verdict

  • Overall, Amazon Pay is considered a good choice for both consumers and merchants who are looking for a reliable and user-friendly payment solution. Its connection with Amazon can offer familiarity and convenience, especially for users who frequently shop on Amazon.

Why this product is good

  • Amazon Pay is a convenient payment method for both consumers and merchants due to its integration with Amazon's ecosystem. It offers secure transactions, leveraging Amazon's advanced security features. For consumers, it simplifies the checkout process by allowing them to use their existing Amazon accounts, thus reducing the time spent entering shipping and payment details. For merchants, it can potentially increase conversion rates by offering a trusted and recognized payment option. Additionally, Amazon Pay supports a large number of currencies and is backed by Amazon's reliable customer service.

Recommended for

    Amazon Pay is recommended for individuals who already have an Amazon account and prefer a seamless and secure checkout experience when shopping online. It's also a good option for online businesses looking to enhance customer trust and streamline the payment process by providing an established alternative payment option.

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*

Amazon Pay videos

Amazon Pay Overview

More videos:

  • Review - Amazon Pay क्या है ? और इसे कैसे इस्तेमाल करे ?

Category Popularity

0-100% (relative to Stripe and Amazon Pay)
Online Payments
87 87%
13% 13
Recurring Billing
87 87%
13% 13
Payment Platform
78 78%
22% 22
Payments
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 Stripe and Amazon Pay

Stripe Reviews

Subscription Billing Solutions Comparison: Stripe vs Recurly vs Chargebee vs Rainex
Stripe is one of the world’s largest payment processing platforms, trusted by their customers for many years. In addition to gateway features, for a fee, Stripe offers billing and subscription management tools for its users. Its intuitive interface and extensive documentation make it a favorite among developers and companies of different sizes.
Source: rainex.io
Top 5 Payoneer Alternatives for Seamless Online Transactions
Key Features: A powerful payment processing platform focused on online businesses, offering features like subscriptions and fraud prevention. Stripe boasts a unified suite of tools and APIs that simplify the entire online payment process for businesses.
Source: www.doola.com
What to Use Instead of PayPal? 10 Best PayPal Alternatives
Conveniently, Stripe automatically deposits your funds into your bank account. Another convenient feature of Stripe is that the checkout process takes place on your website. That reduces customer friction compared to platforms like PayPal, which sends customers to external sites. The platform is also highly customisable.
The 6 best online payment processing services in 2024
Part of the HubSpot Commerce Hub feature set, Payments adds payment processing on top of a mountain of possibilities. It's seamlessly connected to all other parts of this sales software, so you can manage your business relationships, marketing, website, content, and operations from the same place. The actual payment infrastructure belongs to Stripe, with HubSpot charging...
Source: zapier.com
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

Amazon Pay Reviews

  1. Waste and if any problem faced customer representative are more aggressive on customers

What to Use Instead of PayPal? 10 Best PayPal Alternatives
Importantly, Amazon Pay is only a good option if you already have an Amazon seller account. You will need to create one of those accounts to use this feature. From there, you can integrate it with Adobe Commerce, BigCommerce, and other major eCommerce and shopping cart platforms. But you can’t use it for brick-and-mortar stores.

Social recommendations and mentions

Based on our record, Stripe seems to be a lot more popular than Amazon Pay. While we know about 276 links to Stripe, we've tracked only 10 mentions of Amazon Pay. 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 mentions (276)

  • Integrating Stripe with SvelteKit: Dynamic Pricing and Payment Security
    Integrating Stripe into a SvelteKit application, especially when dealing with dynamic product pricing and robust webhook validation, can be challenging. While building a client's business application using SvelteKit and PostgreSQL (with Drizzle ORM), I encountered the need for a streamlined integration with Stripe. The goal was to use minimal dependencies while supporting features such as dynamic pricing, product... - Source: dev.to / 7 days ago
  • Under the Hood: How Tesla Powers its Android App with React Native
    Notably, Tesla employs Stripe as its payment service, ensuring exceptional stability and security. Stripe is a global payment system capable of reliably handling financial transactions across various countries. - Source: dev.to / 23 days ago
  • Four years of running a SaaS in a competitive market
    Same, from United States and not seeing dollars is a bit funky. I wonder if there are opportunities for more call to actions. e.g. I scrolled the page and the only links to sign up are at the top (I’m on mobile). Compare this to https://stripe.com/ and it’s super obvious how to “Start now” from anywhere on the page. - Source: Hacker News / 29 days ago
  • Is GitHub Sponsors Safe? A Comprehensive Guide
    Open-source development is a cornerstone of modern technology innovation, but sustaining projects financially remains a persistent challenge. GitHub Sponsors, an initiative introduced by GitHub, offers a way for individual developers and organizations to receive funding. Given the emphasis on financial and user security, developers often ask: Is GitHub Sponsors safe? In this post, we explore the safety protocols... - Source: dev.to / about 1 month ago
  • Dunning Emails – Definition, Examples, Best Practices, and Automation Tools
    Many subscription billing or payment platforms include dunning management out-of-the-box. For example, Stripe (a popular payment processor) can be configured to send automatic payment failure emails and retry charges on a schedule. However, Stripe’s native dunning features are somewhat basic and not highly customizable. - Source: dev.to / about 1 month ago
View more

Amazon Pay mentions (10)

  • Commerzbank Mastercard unknown charge
    Hello. On 29.09 I got a notification about a charge from my MasterCard. I waited 3 days to see what is charge about, and I saw it said pay.amazon.com amazon.de. I contacted and blocked my credit card immediately, because I was not aware of that transaction, nor did I get Photo TAN confirmation. Source: over 1 year ago
  • Show HN: List of Stripe Alternatives
    Seems like every time there's a negative Stripe story on here, the inevitable question, "any alternatives?" gets asked. Hell, I was tempted to ask myself. Instead, I decided to search hn.algolia.com to see for myself what others have recommended in the past. Might as well share the list with y'all, make it meta. -- 2Checkout | https://www.2checkout.com Adyen | https://www.adyen.com Amazon Pay |... - Source: Hacker News / over 2 years ago
  • Amazon Reportedly Makes Offer to Acquire Electronic Arts
    Https://pay.amazon.com/ has been a thing for a very long time. I integrated it into a site back in... The late 2000s, I think? - Source: Hacker News / almost 3 years ago
  • Prevent NordVPN from autorenewing your subscription behind your back
    Then go to pay.amazon.com and look in the Current payment agreement for the Nord agreement. Disable that. Source: almost 3 years ago
  • How to know order status from GoodSmile when paying with Amazon pay instead of creating an account?
    If you go to pay.amazon.com and log in as a shopper you can see all your Amazon Pay transactions. Hopefully your order is on there. There's a dropdown menu on each order where you can deal with issues such as order status, returns, etc. Source: about 3 years ago
View more

What are some alternatives?

When comparing Stripe and Amazon Pay, 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

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.

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

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

Authorize.net - Payment gateway enables internet merchants to accept online payments via credit card and e-check.

Square - Square helps millions of sellers run their business-from secure credit card processing to point of sale solutions. Get paid faster with Square. Sign up today!