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Stripe VS Blockchain

Compare Stripe VS Blockchain and see what are their differences

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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.

Blockchain logo Blockchain

Blockchain is the world's most trusted all-in-one crypto company. We're connecting the world to the future of finance through our suite of products including the leading crypto wallet, bitcoin explorer, and market information.
  • Stripe Landing page
    Landing page //
    2024-04-30
  • Blockchain Landing page
    Landing page //
    2022-05-26

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.

Blockchain features and specs

  • Security
    Blockchain provides strong security features, as each transaction is encrypted and linked to the previous one. This makes it highly resistant to fraud and hacking.
  • Transparency
    All transactions on the blockchain are publicly accessible and verifiable, which increases transparency and trust among users.
  • Decentralization
    Blockchain operates on a decentralized network, which reduces the reliance on a central authority and increases system robustness and uptime.
  • Immutability
    Once data is recorded on the blockchain, it cannot be altered or deleted, ensuring the integrity and consistency of the data over time.
  • Efficiency
    Blockchain can streamline and automate processes such as cross-border payments, reducing transaction times and costs.

Possible disadvantages of Blockchain

  • Scalability
    Blockchain networks often face issues with scalability, as the system can become slow and less efficient as the number of transactions increases.
  • Energy Consumption
    Blockchain, especially proof-of-work-based networks like Bitcoin, require substantial computational power, leading to high energy consumption.
  • Regulatory Uncertainty
    The legal and regulatory environment for blockchain technology is still evolving, which can create uncertainty and compliance challenges.
  • Complexity
    Implementing and maintaining a blockchain system can be complex and require specialized knowledge and skills, which might not be readily available.
  • Data Privacy
    While blockchain ensures transparency, it can also be a double-edged sword as the data is publicly accessible, posing privacy concerns for sensitive information.

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

Stripe videos

+ Add

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*

Blockchain videos

+ Add

Blockchain Review & Tutorial 2021: Beginners Guide to Blockchain.com

Category Popularity

0-100% (relative to Stripe and Blockchain)

Stripe

Blockchain

Online Payments
100 100%
Online Payments
0% 0
Cryptocurrencies
0 0%
Cryptocurrencies
100% 100
Recurring Billing
100 100%
Recurring Billing
0% 0
Crypto
0 0%
Crypto
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 and Blockchain

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.
Source: www.podium.com.au
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

Blockchain Reviews

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

Social recommendations and mentions

Based on our record, Blockchain should be more popular than Stripe. It has been mentiond 511 times 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.

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 / 21 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 / about 1 month 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 / about 1 month 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 2 months ago
View more

Blockchain mentions (511)

  • i lost over $3000 to blockchain.com
    I used blockchain.com back in 2015. I remembered back in the day they gave you a private key for all your addresses. Looks like they don't now with their newer wallets. Source: over 1 year ago
  • i lost over $3000 to blockchain.com
    In blockchain.com u dont actually own the address, you can access your account, but the address is all blockchain property, so they choose which address you have access to and so forth. Source: over 1 year ago
  • best crypto wallet app
    I use blockchain.com as the receiving wallet because they wallet address changes often and some of these ghetto ass sites don't let you withdrawal to the same one more than once. Source: over 1 year ago
  • Older wallet, higher fees?
    So says blockchain.com. Is it true, and if so is there a way to update/replace my Electrum wallet to pay lower fees in the future? Source: over 1 year ago
  • What is your thoughts on SOFI?
    This is anecdotal and I have no idea what it means for SOFI business wise or stock wise moving forward but they just sent me a notice that they are no longer offering any forms of crypto buying or investing and they are selling/giving their current crypto customers to blockchain.com in a few weeks. Source: over 1 year ago
View more

What are some alternatives?

When comparing Stripe and Blockchain, 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

Bitcoin Wallet - Bitcoin Wallet is a mobile application that allows you to send and receive digital currencies.

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.

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.

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

BitStamp - Provide reliable and easy to use service for companies and individuals to exchange bitcoins.

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