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Stripe VS PinPayments

Compare Stripe VS PinPayments 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.

PinPayments logo PinPayments

Take card payments online for your business with Pin Payments. No merchant account required. Easy setup.
  • Stripe Landing page
    Landing page //
    2024-04-30
  • PinPayments Landing page
    Landing page //
    2023-10-20

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.

PinPayments features and specs

  • Local Payment Processing
    Pin Payments allows businesses in Australia and New Zealand to process payments without requiring a foreign bank account, making it easier for local businesses to handle transactions.
  • Multi-Currency Support
    Enables users to accept payments in different currencies, which is beneficial for businesses operating internationally and aiming to cater to a global customer base.
  • No Merchant Account Required
    Simplifies the process of getting started with online payments as there is no need for a separate merchant account, reducing the initial setup complexity.
  • Developer-Friendly API
    Offers a comprehensive and well-documented API, which allows developers to integrate payment processing into their applications with ease.
  • Security Compliance
    Complies with PCI DSS standards, ensuring that transactions and sensitive data are handled securely, which is essential for maintaining customer trust.

Possible disadvantages of PinPayments

  • Limited to Australia and New Zealand
    Primarily serves businesses in Australia and New Zealand, which limits its applicability for companies operating outside these regions.
  • Higher Fees for International Transactions
    Processing fees can be higher for international transactions, which can be a disadvantage for businesses with a significant volume of cross-border sales.
  • Basic Features Compared to Larger Competitors
    May lack some advanced features or integrations found in larger payment processors such as PayPal or Stripe, which can be a limitation for businesses with complex needs.
  • Customer Support Limitations
    Some users have reported that customer support can be slow or less responsive compared to other payment service providers, which can be a challenge during urgent issues.

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*

PinPayments videos

No PinPayments videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to Stripe and PinPayments)

Stripe

PinPayments

Online Payments
97 97%
Online Payments
3% 3
Recurring Billing
96 96%
Recurring Billing
4% 4
Payment Platform
95 95%
Payment Platform
5% 5
Payments
100 100%
Payments
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 PinPayments

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

PinPayments Reviews

Australian Payment Gateways
With minimal effort to setup and implement, Pin Payments allows businesses to take card payments online with no merchant account - meaning, no lengthy application processes and no excessive waiting periods.Pricing: 1.75% + 30c (for domestic cards) and 2.9% + 30c (for international).
Source: soulandwolf.com.au

Social recommendations and mentions

Based on our record, Stripe seems to be a lot more popular than PinPayments. While we know about 276 links to Stripe, we've tracked only 2 mentions of PinPayments. 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 / 8 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 / 30 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

PinPayments mentions (2)

  • Show HN: List of Stripe Alternatives
    I use these guys (based in Australia): https://pinpayments.com/ Excellent support, and no bullshit. It really as simple as creating an account, installing the plugin on my website then collecting payments. - Source: Hacker News / over 2 years ago
  • Stripe Banned Us for Payment Disputes but We Never Had a Single Dispute
    Some ML algorithm at Stripe randomly classified my business (bog standard WooCommerce/WordPress e-Commerce store selling a single product in low volumes) as a risk and I found that the process for escalating it was Kafkaesque and slow. Switched to Pin Payments[1] shortly after that experience and have never looked back. Of course, we live in the 2021 century and algorithms will flag issues automatically (I ported... - Source: Hacker News / over 3 years ago

What are some alternatives?

When comparing Stripe and PinPayments, 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

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.

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.

BlueSnap - BlueSnap is a global payment service provider powering the checkout process for eCommerce merchants...

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

Braintree Direct - Get Braintree’s end-to-end payment solution for selling directly to customers on web, mobile, and native app experiences. Accept credit and debit cards, PayPal, and more.

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