Choosing the proper payment gateway selection is essential for a business person who wants to accept online payment. Two secure options are Square and Stripe. But How would you decide which one is best for you? This post is about stripe vs square.
Well, In this guide, we will make a comparison of both payment gateways and also will discuss their features and drawback. After reading the blog, deciding which payment method you should choose will be easy.

Here is the blog outline:

  • Introduction
  • Stripe vs. Square: An Overview
  • Features and Capabilities
  • Dashboard Management
  • Integration and Customization
  • Supported Payment Methods
  • Pricing Plans
  • Which Payment Gateway is Right for You?

2:Stripe vs. Square: An Overview

Here I will give you an overview of both payment processing methods. You will get to know how these two payment method work.

Stripe:

 online Square payment method

Stripe is an easy online payment method. Primarily individuals and Business people use it for making global payments. You can integrate it with the woocommerce payment plugin and other business applications. You can also use stripe for recurring payments and subscription billing.

Stripe provides Multiple payment methods, such as Debit cards, Credit cards, Google pay and Apple pay. Stripe protects payment from fraud detection. Using stripe, you can Customize payment interfaces directly from the Stripe Dashboard.

Square:

Square online payment method

Square is a prevalent payment method among small businesses. By using square, one can accept payment all over the internet.
Square is a good choice for all small businesses that provide onsite payment options. Square provides various payment processing tools. It includes online payment processing, Invoice features and a Point Of Sale system. Most businesses choose this because of its easy payment processing and flexible and easy-to-use features.

3:Square Vs Stripes features and capabilities:

The following are t Stripe’s features and capabilities:

  • Stripe accepts multiple payments with multiple currencies
  • You can integrate many third-party apps with stripe.
  • Stripe is beneficial for large-scale businesses.
  • Stripes’ billing method helps you to create complex billing systems for any pricing model.

The following are the Square payment features and capabilities:

  • Square offers features of subscriptions, invoicing, and international payments.
  • You can integrate square with different E-commerce platforms and tools.
  • Square has a more user-friendly interface that is easy for businesses with less expertise.
  • By using Square online payment, any individual or business can accept payments all over the internet.
  • Besides the payment processing method, square provides productivity and management tools.

4:Integration and Customization

Stripe integration:

Users can integrate stripe with different Ecommerce platforms like WordPress, Joomla, Shopify, and Opencart.Big Commerce by using some plugins and Apis.
How you can integrate Stripes with your website.

  • Create a Stripe account. This can be done by going to stripe.com and clicking “Start now” on the homepage.
  • Activate your Stripe Account. At this point, you will need to input information about your business.
  • Connect via API.
  • Schedule Stripe Payouts.

Square integration:

You can also integrate square with a wordpress website by using the woocommerce plugin. Square can also be integrated with other Platforms Like Big Commerce. Open Cart, Joomla and Shopify. Square also provides an easy interface, so by using the Square dashboard, users can easily customize payment processing methods.

5:Supported Payment Methods

Here are the following supported payment method that Square and Stripes provide.

Stripe: stripe provides easy payment processing and multiple payment methods.

  • Cards
  • Bank Debits
  • Bank Transfer
  • Bank Redirects
  • Real-Time payments
  • Voucher
  • Wallets
  • Buy Now, Pay later

Square: square provides easy payment processing and multiple payment methods. Square accepts credit card payments with Visa, Mastercard, American Express, and rewards cards at the same rate. You can also use Square Reader for contactless and chip cards, Apple Pay, and Google Pay anywhere.
The following are acceptable square cards

  • Debit
  • Prepaid
  • Credit
  • Credit
  • corporate

6:Pricing plans

Here are the following pricing plans for square and stripe.

Stripe:

Stripe Offers two plans. One of them is an integrated plan, and the second is Customized. The integrated plan is for all those businesses that want to accept online credit cards. A customized plan is for large-scale companies. Those businesses can customize their package according to business requirements.

Stripes payment plan

Square:

Sqaure mainly provides three payment method plans. The free plan can be used for individual website.No setup, or monthly fees are required in the free program. Plus plan has various features. This plan is helpful for big businesses. The premium plan gives you low processing features and discount shipping.

Which Payment Gateway is Right for You?

Both Square and stripe can be used for the same Payment processing purpose. But Square is also more beneficial for small businesses; its dashboard is customer friendly so that customers can customize it according to their needs. At the same time, Stripes needs of large-scale industry.
You can choose any of them according to your business requirements and budget.

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