International Reach from Day One
One of Stripe’s most significant advantages is its robust international payment infrastructure. While many payment processors focus primarily on domestic transactions, Stripe allows businesses to accept payments from over 195 countries in 135+ currencies. This global capability is crucial for businesses looking to tap into international markets without setting up multiple payment systems.
International customers can pay in their preferred currency, while you receive funds in euros – simplifying your accounting and providing a seamless experience for customers worldwide.
Transparent Fee Structure
Stripe’s commission structure is straightforward and competitive, especially when compared to many alternatives:
For European cards, Stripe charges 1.4% + €0.25 per successful transaction. For non-European cards, the rate is 2.9% + €0.25. This pricing model is particularly advantageous for businesses dealing with higher value transactions.
Unlike some payment processors that hide fees in complex pricing structures, Stripe doesn’t charge:
- Monthly fees
- Setup fees
- Card storage fees
- Validation fees
This transparency allows businesses to accurately forecast payment processing costs and avoid unexpected charges.
Security implementation
Stripe offers advanced fraud prevention while maintaining a smooth customer experience. Security concerns remain paramount for both businesses and customers when processing online payments. Stripe has established itself as an industry leader in payment security by implementing:
- PCI DSS Level 1 compliance (the highest level of certification)
- End-to-end encryption for all transactions
- Advanced fraud detection and prevention tools
- 3D Secure authentication protocols
Businesses using Stripe can reassure their customers that their payment information is protected by some of the most sophisticated security measures in the industry. This trust factor is invaluable for businesses looking to establish credibility in new markets.
Stripe vs other payment processors
| Feature | Stripe | Redsys | PayPal |
|---|---|---|---|
| International Payments | 195+ countries, 135+ currencies | Limited to primarily European cards | 200+ countries, but higher fees |
| Security | PCI DSS Level 1, advanced fraud detection | PCI DSS compliant, basic fraud protection | Redirects to PayPal (can reduce conversions) |
| Fees (EU cards) | 1.4% + €0.25 | 0.7-1.2% (depends on bank agreement) | 3.4% + €0.35 (standard) |
| Fees (Non-EU cards) | 2.9% + €0.25 | Higher rates or not supported | 4.4% + €0.35 |
| Hidden Costs | No monthly/setup fees | Monthly maintenance fees through partner banks | Currency conversion fees, withdrawal fees |
| Integration | Simple API, extensive documentation | Complex integration, limited documentation | Less customization options |
Open question
What has been your experience with payment processors? Have you used Stripe or any of the alternatives mentioned above? Is there another payment platform you’ve found particularly effective that we haven’t covered?
We will happy to hear your comments from the Contact us page.