PayHere vs Stripe

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

PayHere is a Business & Commerce solution with tags like mobile-payments, credit-card-processing, small-business.

It boasts features such as Mobile payment processing, Accept credit card payments on smartphones or tablets, Free card reader, No monthly fees or contracts, Real-time transaction tracking, Invoicing and payment reminders, Customizable branding and receipts, Secure payment processing with PCI compliance and pros including No monthly fees or contracts, Easy to set up and use, Affordable payment processing rates, Portable card reader for on-the-go payments, Integrates with various accounting and business management tools.

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.

PayHere

PayHere

PayHere is a mobile payment processing application that allows small businesses to accept credit card payments anywhere using their smartphones or tablets. It offers a free card reader and has no monthly fees or contracts.

Categories:
mobile-payments credit-card-processing small-business

PayHere Features

  1. Mobile payment processing
  2. Accept credit card payments on smartphones or tablets
  3. Free card reader
  4. No monthly fees or contracts
  5. Real-time transaction tracking
  6. Invoicing and payment reminders
  7. Customizable branding and receipts
  8. Secure payment processing with PCI compliance

Pricing

  • Free
  • Pay-As-You-Go

Pros

No monthly fees or contracts

Easy to set up and use

Affordable payment processing rates

Portable card reader for on-the-go payments

Integrates with various accounting and business management tools

Cons

Limited features compared to enterprise-level payment processors

May not be suitable for high-volume businesses

Potential delays in fund settlement for new users


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