Choosing the right payment processor is crucial for a smooth shopping experience and boosting sales. While Braintree, a PayPal service, offers a strong platform with multiple payment options, it might not suit every e-commerce business due to pricing or feature needs.
This article covers 9 top Braintree alternatives, detailing their features, pricing, and suitability for various e-commerce businesses.
What is Braintree?
Braintree offers a full-stack payments platform that enables businesses to accept and process payments online and via mobile apps. It's praised for supporting multiple payment methods and providing a seamless checkout experience.
Key Features of Braintree:
- Multiple Payment Methods: Accepts credit/debit cards, PayPal, Venmo (U.S.), Apple Pay, Google Pay, and more.
- Global Reach: Processes transactions in over 130 currencies and supports merchants in 45+ countries.
- Recurring Billing: Simplifies subscription management with automated billing features.
- Customizable Checkout: Offers both drop-in UI components and custom integration options.
- Advanced Fraud Tools: Provides basic fraud protection with options for advanced security measures.
While Braintree is a robust solution, some businesses might seek alternatives due to specific requirements such as lower fees, different feature sets, or better alignment with their existing systems.
Overview of Braintree Alternatives
Below is a summary of Braintree and its 9 e-commerce-focused alternatives, highlighting key features, pricing, and ideal users.
Top 9 Braintree Alternatives for E-commerce Businesses
Selecting the right payment processor is vital for your e-commerce success. While Braintree is popular, it might not suit every business. If you need lower fees, specific features, or better integration, consider these 9 top alternatives to enhance your payment processing.
1. Stripe
Stripe is a leading payment processing platform known for its developer-friendly APIs and extensive customization options, making it ideal for online businesses seeking flexibility and scalability.
Key Features:
- Customizable Integration: Offers powerful APIs for tailored payment solutions and seamless integration.
- Global Payment Acceptance: Supports over 135 currencies and various payment methods, including cards and digital wallets.
- Subscription Management: Simplifies recurring billing for subscription-based services.
- Advanced Fraud Protection: Utilizes machine learning with Stripe Radar to detect and prevent fraudulent transactions.
- Developer Tools: Provides comprehensive documentation and resources for developers.
Pricing:
Stripe charges a standard fee of 2.9% plus $0.30 per successful card charge. There are no setup or monthly fees; you pay only when you process a transaction. Additional fees may apply for international cards and currency conversions. Custom pricing is available for businesses with large payment volumes.
Ideal For: E-commerce businesses requiring a highly customizable and scalable payment solution with advanced developer tools.
2. PayPal Payments Pro
PayPal Payments Pro extends PayPal's capabilities by offering a fully customizable payment solution suitable for businesses needing more control over the checkout experience.
Key Features:
- Customizable Checkout: Allows merchants to design a seamless, on-site checkout process without redirecting customers.
- Multiple Payment Options: Accepts PayPal, credit/debit cards, and mobile payments.
- Global Reach: Operates in over 200 countries with support for multiple currencies.
- Recurring Payments: Facilitates subscription billing and automated payments.
- Fraud Management Filters: Enhances security with customizable fraud detection settings.
Pricing:
PayPal Payments Pro charges a monthly fee of $30. Transaction fees are 2.9% plus $0.30 per domestic transaction. Additional fees may apply for international transactions and currency conversions.
Ideal For: Businesses looking to customize their checkout experience while leveraging PayPal's global network and customer trust.
3. Authorize.Net
Authorize.Net, a Visa solution, is a trusted payment gateway offering secure and reliable services, particularly suitable for established e-commerce businesses.
Key Features:
- Advanced Fraud Detection: Utilizes sophisticated tools to minimize fraudulent transactions.
- Recurring Billing: Supports subscription-based services with automated payment schedules.
- Customer Information Manager: Securely stores customer payment data for streamlined future transactions.
- Extensive Integration: Compatible with numerous shopping carts and e-commerce platforms.
- 24/7 Support: Provides customer assistance via phone, email, and live chat.
Pricing:
Authorize.Net offers two main pricing options. The All-in-One option includes both a merchant account and payment gateway, charging a monthly gateway fee of $25 plus 2.9% and $0.30 per transaction. The Payment Gateway Only option charges a $25 monthly fee, $0.10 per transaction, and a daily batch fee of $0.10 for merchants with an existing merchant account.
Ideal For: Established businesses requiring a secure and feature-rich payment gateway with dedicated support.
4. Square
Square provides an integrated payment solution that caters to both online and offline sales, making it a versatile choice for e-commerce businesses.
Key Features:
- Free Online Store: Offers a basic e-commerce website builder integrated with Square payments.
- Unified Inventory Management: Syncs inventory across online and physical stores.
- Multiple Payment Methods: Accepts all major credit cards and digital wallets.
- Transparent Pricing: No monthly fees; pay only when you process a transaction.
- Advanced Reporting: Provides insights into sales and customer behavior.
Pricing:
Square charges 2.9% plus $0.30 per online transaction. There are no setup or monthly fees for basic services. In-person transactions have a lower rate of **2.**6% plus $0.10 per swipe, dip, or tap.
Ideal For: Small to medium-sized businesses looking for an integrated solution that combines online and in-person sales channels.
5. 2Checkout (Verifone)
2Checkout is a global payment platform that simplifies accepting payments from customers worldwide, offering localized buying experiences.
Key Features:
- International Payment Processing: Supports transactions in over 200 countries and territories.
- Localized Checkout: Provides localized language and currency options.
- Subscription Billing: Offers robust tools for managing recurring payments.
- E-commerce Integrations: Compatible with over 120 shopping carts and platforms.
- Fraud Protection: Implements advanced security measures to safeguard transactions.
Pricing:
- 2Sell: 3.5% plus $0.35 per successful sale.
- 2Subscribe: 4.5% plus $0.45 per transaction, designed for subscription-based businesses.
- 2Monetize: 6.0% plus $0.60 per transaction, for comprehensive digital commerce needs.
There are no setup or monthly fees.
Ideal For: Businesses expanding internationally and needing a payment processor with extensive global capabilities and subscription management.
6. Adyen
Adyen provides a unified commerce platform that allows businesses to accept payments globally, supporting a vast array of payment methods.
Key Features:
- Global Payment Acceptance: Supports over 250 payment methods and 150+ currencies.
- Advanced Risk Management: Utilizes real-time data and machine learning for fraud prevention.
- Scalable Platform: Designed to handle high transaction volumes efficiently.
- Comprehensive Reporting: Offers detailed insights into payments and customer behavior.
- Customizable Solutions: Provides APIs for tailored integrations.
Pricing:
Adyen uses an interchange-plus pricing model. For Visa and Mastercard transactions, the cost includes interchange fees plus a processing fee and a fixed transaction fee (e.g., $0.12). There are no setup or monthly fees, but a minimum monthly invoice amount may apply.
Ideal For: Large e-commerce enterprises requiring a scalable, global payment solution with advanced features.
7. Mollie
Mollie is a European payment service provider that simplifies online payments with easy integration and transparent pricing.
Key Features:
- Local Payment Methods: Supports popular European payment options like iDEAL, Bancontact, and SEPA Direct Debit.
- Easy Integration: Offers plugins for popular e-commerce platforms and well-documented APIs.
- No Monthly Fees: Only pay for successful transactions with no hidden costs.
- Multi-Currency Support: Accepts payments in multiple currencies, facilitating cross-border sales within Europe.
- Real-Time Reporting: Provides insights into transactions and settlements.
Pricing:
Transaction fees vary by payment method:
- Credit Cards: 1.8% plus €0.25 per transaction.
- iDEAL (Netherlands): €0.29 per transaction.
- PayPal: €0.10 plus PayPal fees.
No setup fees or monthly costs.
Ideal For: European businesses seeking a cost-effective and straightforward payment solution with support for local payment methods.
8. BlueSnap
BlueSnap offers a global payment platform designed to increase sales and reduce costs for e-commerce businesses.
Key Features:
- All-in-One Platform: Combines payment processing, a merchant account, and a payment gateway.
- Global Reach: Supports payments in over 100 currencies and 110 payment types.
- Subscription Management: Handles recurring billing with ease.
- Integrated Fraud Prevention: Protects against fraudulent transactions.
- Developer-Friendly: Provides APIs and SDKs for easy integration.
Pricing:
BlueSnap offers simplified pricing at 2.9% plus $0.30 per successful card transaction. Custom pricing may be available for businesses processing significant volumes. There are no setup fees, and additional services may incur extra costs.
Ideal For: E-commerce businesses looking for a comprehensive global payment solution with advanced features.
9. Skrill
Skrill is a digital wallet and payment provider that offers quick and secure online transactions, including support for international payments.
Key Features:
- Global Accessibility: Available in over 120 countries with support for multiple currencies.
- Multiple Payment Options: Accepts credit/debit cards, bank transfers, and local payment methods.
- Quick Transfers: Enables instant money transfers to other Skrill users.
- Fraud Management: Provides security features to protect against fraudulent transactions.
- Cryptocurrency Support: Allows buying and selling cryptocurrencies.
Pricing:
Skrill's merchant fees typically start at 2.90% plus €0.29 per transaction. There are no setup fees, but additional charges may apply for currency conversions and other services. Withdrawal fees and other transaction-specific fees may also apply.
Ideal For: E-commerce businesses targeting international customers and seeking a digital wallet solution with diverse payment options.
Frequently Asked Questions
Here we answer some of the most asked questions in relation to braintree alternatives:
Why look for Braintree alternatives?
Exploring other payment processors can help you find features better suited to your business, such as lower fees, different payment options, or easier integration.
How do transaction fees impact my profits?
Transaction fees reduce your net earnings per sale; choosing a processor with lower fees can increase your overall profitability.
Can I offer multiple payment options on my site?
Yes, integrating several payment processors can provide customers with more choices, potentially boosting sales and customer satisfaction.
What security features should I prioritize?
Look for payment processors that offer PCI compliance, encryption, fraud detection, and secure data handling to protect your business and customers.
Is international payment support necessary?
If you plan to sell globally, supporting various currencies and local payment methods is essential for reaching a wider audience.
How do I select the right payment processor?
Consider factors like fees, supported payment methods, ease of integration, security measures, and customer support to find the best fit for your e-commerce needs.
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