Instamojo vs Stripe

Struggling to choose between Instamojo and Stripe? Both products offer unique advantages, making it a tough decision.

Instamojo is a Business & Commerce solution with tags like payments, gateway, merchant, ecommerce.

It boasts features such as Online payment gateway, Customizable payment pages, Invoicing and accounting tools, Automated recurring payments, Mobile app for on-the-go payments, Reporting and analytics dashboard, Integration with popular platforms (e.g., WordPress, Shopify, Woocommerce) and pros including Easy to set up and use, Affordable pricing options, Supports various payment methods (e.g., debit/credit cards, UPI, net banking), Provides a secure and reliable payment processing platform, Offers features for small businesses and freelancers.

On the other hand, Stripe is a Business & Commerce product tagged with payments, ecommerce, billing, credit-cards, online-payments.

Its standout features include Online payment processing, Accept payments over the internet, Provides technical, fraud prevention, and banking infrastructure, Easy-to-use APIs, Excellent documentation, and it shines with pros like Simplifies payment processing, Scalable and flexible platform, Robust security features, Detailed reporting and analytics, International payment support.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Instamojo

Instamojo

Instamojo is an Indian payment gateway and merchant services provider that allows users to collect payments online. It offers easy integration into websites and apps to start collecting payments instantly.

Categories:
payments gateway merchant ecommerce

Instamojo Features

  1. Online payment gateway
  2. Customizable payment pages
  3. Invoicing and accounting tools
  4. Automated recurring payments
  5. Mobile app for on-the-go payments
  6. Reporting and analytics dashboard
  7. Integration with popular platforms (e.g., WordPress, Shopify, Woocommerce)

Pricing

  • Freemium
  • Pay-As-You-Go

Pros

Easy to set up and use

Affordable pricing options

Supports various payment methods (e.g., debit/credit cards, UPI, net banking)

Provides a secure and reliable payment processing platform

Offers features for small businesses and freelancers

Cons

Limited customization options for payment pages

Relatively higher transaction fees compared to some competitors

Limited international payment support (primarily focused on the Indian market)

Customer support can be slow at times


Stripe

Stripe

Stripe is an online payment processing service that allows individuals and businesses to accept payments over the Internet. It provides the technical, fraud prevention, and banking infrastructure required to operate online payment systems. Stripe aims to simplify payment processing with easy-to-use APIs and excellent documentation.

Categories:
payments ecommerce billing credit-cards online-payments

Stripe Features

  1. Online payment processing
  2. Accept payments over the internet
  3. Provides technical, fraud prevention, and banking infrastructure
  4. Easy-to-use APIs
  5. Excellent documentation

Pricing

  • Pay-As-You-Go

Pros

Simplifies payment processing

Scalable and flexible platform

Robust security features

Detailed reporting and analytics

International payment support

Cons

Transaction fees can be high for small businesses

Limited customization options

Potential for account freezes or termination

Lack of in-person payment options