Stripe Alternatives for 2025: In-Depth Guide and 8 Options
Stripe Alternatives for 2025: In-Depth Guide and 8 Options
Katie Stephan • Sr. Content Strategist
Estimated read time: 18 minutes, 54 seconds
Most Stripe alternatives fall into one of two categories: payment processors, or a billing solution that covers payment processing and other aspects of billing such as fraud detection, checkout, and more.
For digital-first businesses, the easiest way to manage all aspects of billing is to choose a solution that acts as your merchant of record (MoR). A billing solution that acts as your MoR gives you access to multiple payment processors (which lets you accept more payment methods and is useful when accepting payments globally) while taking on the liability of all transactions. An MoR also handles chargebacks, fraud prevention, tax audits, legal compliance, and more.
When selling physical goods and services (online or in person), various Stripe alternatives built for physical goods payments (such as Amazon Pay, Square, etc.) can provide payment processing, order fulfillment, financing options, and more.
In this guide, we compare eight of the best Stripe alternatives in each of these categories. Since our expertise is in providing MoR services to digital-first companies, we’ll start with an in-depth review of our solution, FastSpring.
Table of Contents
- MoRs for digital goods companies:
- FastSpring: International payment solution for SaaS, software, video game, mobile app, AI, eLearning, and other digital product businesses.
- Paddle: Payment infrastructure platform.
- Verifone: Formerly 2Checkout.
- Billing software for selling physical goods and services:
- Square: Popular payment platform for startups.
- PayPal for Business: Available on major ecommerce platforms.
- Authorize.net: For merchants and small businesses.
- Adyen: Robust financial technology platform.
- Amazon: Payment service and order fulfillment.
Note: Information in this article was validated at time of publishing and is subject to change.
All-In-One Payment Solutions (MoRs) for Digital-First Businesses
Most companies using Stripe know it’s more than just a payment processing platform. The system can require add-ons and is complex, often lacking certain key features.
For example, Stripe advertises subscription management features; however, many companies end up integrating with services like Chargebee or Recurly for complete functionality.
Often, digital goods businesses have a payment tech stack of over a dozen tools for:
- Calculating and remitting international taxes.
- Accessing additional subscription management features.
- Covering fraud protection.
- Handling chargebacks.
- Implementing a checkout.
- Getting higher authorization rates in other countries.
Choosing a payment processing solution that also acts as your MoR resolves these issues.
FastSpring Is an International Payment Solution
FastSpring has acted as an MoR for global software and video game companies for over 20 years. Examples of how FastSpring helped SaaS and software companies:
- Mailbird achieved over 100% growth by switching to FastSpring. Read the case study.
- Capture One increased their conversion rate by 40% by switching to FastSpring for global payments. Read the case study.
- SocialBee doubled its monthly recurring revenue and managed tax compliance by switching to FastSpring. Read the case study.
Next, we’ll take a deep dive into a few of FastSpring’s billing solutions.
Leverage Multiple Payment Processors to Increase Revenue
Many digital-first companies initially think they need just one payment processor. However, most eventually require more to:
- Accept more payment methods: Different payment processors vary in supported methods.
- Increase authorization rates for international transactions.
- Minimize failed payments: Using multiple processors can address connectivity issues.
FastSpring supports multiple payment processors specializing in global transactions.
Prevent Fraudulent Transactions Without Blocking Valid Transactions
FastSpring partners with Sift for advanced risk analysis and fraud protection, ensuring your fraud protection evolves to provide better security and approval rates.
Avoid High Fines and Penalties by Letting FastSpring Handle Local Legal Compliance for You
FastSpring manages the entire process of calculating, collecting, and remitting global sales and consumption taxes.
FastSpring is compliant with the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).
Manage Everything From Checkout to Subscriptions in One Platform
FastSpring allows companies to manage all aspects of digital goods billing directly from their dashboard.
Custom, Localized, and Optimized Checkout Experience
FastSpring gives full control over your checkout process with their Store Builder Library (SBL). They provide a range of checkout options catering to different customer needs, all while supporting multiple languages and currencies.
Subscription Management
FastSpring enables various subscription setups without code, encompassing automatic billing, trial setups, and automatic failure handling.
Dunning Management
FastSpring handles all failed payments and customer notifications on your behalf, ensuring a tailored dunning process without burdening your team.
Reporting and Analytics
FastSpring’s Reporting and Analytics suite provides businesses with essential KPIs and insights.
One Simple Pricing Model; All the Benefits
FastSpring manages your entire digital goods billing process for one flat rate, giving you comprehensive access to features without additional software costs.
Paddle: Payment Infrastructure Platform
Paddle acts as an MoR for SaaS and software companies, offering multiple payment gateways and comprehensive billing management tools.
Verifone: Formerly 2Checkout
Verifone supports small to medium-sized businesses, offering a range of payment services, including subscription management and POS solutions.
Stripe Alternative Billing Software for Selling Physical Goods and Services
Square: Popular Payment Platform for Startups
Square allows companies to accept payments from online and in-person transactions with a variety of business management tools.
PayPal for Business: Available on Major Ecommerce Platforms
PayPal enables online payment processing for various businesses, including robust integrations with major ecommerce platforms.
Authorize.net: For Merchants and Small Businesses
Authorize.net supports payment processes through various channels, including mobile and ACH transactions.
Adyen: Robust Financial Technology Platform
Adyen provides end-to-end payment processing and financial management solutions.
Amazon Pay: Payment Service and Order Fulfillment
Amazon Pay allows customers to use their Amazon account payment information on your website, offering a seamless checkout experience.
Need a Stripe Alternative for Your SaaS, Software, Video Game, Mobile App, or Other Digital Product?
Let FastSpring help manage global payments efficiently from a single platform.