Stripes Vs. Braintree Comparison – Forbes Advisor
Stripe and Braintree are fairly similar in price. Neither platform charges a monthly fee for their service. Stripe charges 2.9% plus $0.30 per transaction, while Braintree charges 2.59% plus $0.49 per transaction. Both charge 1% for international cards and 1% if currency conversion is required. Both platforms securely accept large payments or recurring fees using ACH direct debits, ACH credits, or bank transfers. Stripe charges 0.8% per transaction for ACH debits, while Braintree charges 0.75%. Both companies have a maximum cap of $5 per transaction.
Both Stripe and Braintree accept all major credit and debit cards, including Visa, Mastercard, American Express, Diners Club, JCB, and Discover, as well as digital wallets like Apple Pay and Google Pay. Braintree accepts PayPal and Venmo, but Stripe does not.
Stripe’s standard payout in the United States is two days, while Braintree offers a standard payout of two to three days. Qualified merchants using Stripe can request an instant payout and receive payment within 30 minutes of the transaction. The platform charges 1% of the withdrawal amount with a minimum fee of $0.50 per transaction.
Stripe Connect and Braintree Marketplace both offer a range of features for users who want more than just payment processing. Stripe Connect enables users to conduct global transactions by supporting 135+ currencies, splitting funds between multiple users, and instantly routing payments across borders. It also includes comprehensive reporting tools, 1099 tax reports, gross income tracking, instant payouts, crypto payouts and more. The basic version of Stripe Connect is free, but users who want advanced, customizable options can upgrade to Stripe Connect Express for $2 per active account per month, plus 0.25% and $0.25 per payout.
With Braintree Marketplace, businesses can run customizable fraud checks, automate chargeback management, support 130 currencies, and tap into PayPal’s 135 million customer base with a single integration. Braintree Marketplace is included in the user account.
Stripe offers more features that make it a more robust platform. For example, Stripe Capital offers business financing to qualified users, allowing them to borrow money against upcoming earnings. Stripe Invoicing is a global invoicing platform that allows users to create and send invoices and reconcile payments. While Braintree is lean in its business tool offerings, Braintree users get access to PayPal’s extensive platform of online payment tools as a PayPal service.