When selecting a payment processing system, it's crucial for businesses to closely examine the pricing structures and fees associated with each option. Stripe and QuickBooks Payments are two leading contenders, each offering unique features and benefits. This article provides an in-depth comparison of the pricing and fees for both Stripe and QuickBooks Payments, along with an analysis of the different payment methods they support. This comprehensive evaluation will help businesses make informed decisions that align with their financial and operational goals.
Feature | Stripe |
---|---|
Domestic Transactions | 2.9% + $0.30 per transaction |
International Transactions | Additional 1% fee |
Currency Conversion | Additional 1% fee |
ACH Payments | 0.8% per transaction, capped at $5 |
Dispute Fees | $15 per dispute (refunded if resolved in your favor) |
Radar for Fraud Teams | Starting at $0.02 per screened transaction |
Connect for Platforms and Marketplaces | Custom pricing based on business needs |
Sigma for Reporting | Custom pricing based on transaction volume |
Feature | QuickBooks Payments |
---|---|
Swiped Transactions (Pay-as-You-Go) | 2.4% + $0.25 per transaction |
Invoiced Transactions (Pay-as-You-Go) | 2.9% + $0.25 per transaction |
Keyed Transactions (Pay-as-You-Go) | 3.4% + $0.25 per transaction |
Swiped Transactions (Monthly Plan) | 1.6% + $0.25 per transaction |
Invoiced Transactions (Monthly Plan) | 2.8% + $0.25 per transaction |
Keyed Transactions (Monthly Plan) | 3.3% + $0.25 per transaction |
Monthly Fee | $20 |
ACH Payments | 1% per transaction, capped at $10 |
Dispute Fees | $25 per dispute |
Payment Method | Stripe |
---|---|
Credit and Debit Cards | Visa, MasterCard, American Express, Discover, JCB, Diners Club |
Digital Wallets | Apple Pay, Google Pay, Microsoft Pay, Samsung Pay |
Bank Transfers | ACH, SEPA Direct Debit, wire transfers |
International Payments | Supports over 135 currencies |
Buy Now, Pay Later | Klarna, Afterpay/Clearpay |
Other Payment Methods | Alipay, WeChat Pay, Giropay, iDEAL, Sofort, Bancontact, EPS, P24 |
Payment Method | QuickBooks Payments |
---|---|
Credit and Debit Cards | Visa, MasterCard, American Express, Discover |
Bank Transfers | ACH payments, bank transfers |
Invoicing | Allows customers to pay directly from invoices |
Feature | Stripe | QuickBooks Payments |
---|---|---|
Transaction Fees (Domestic) | 2.9% + $0.30 per transaction | 2.4% + $0.25 (swiped), 2.9% + $0.25 (invoiced), 3.4% + $0.25 (keyed) per transaction |
International Fees | Additional 1% fee | Primarily focused on domestic transactions |
ACH Payments | 0.8% per transaction, capped at $5 | 1% per transaction, capped at $10 |
Dispute Fees | $15 per dispute (refunded if resolved in your favor) | $25 per dispute |
Reporting and Analytics | Sigma (customizable reporting), Radar (fraud detection) | Simplified reporting, integrated with QuickBooks accounting software |
Security | PCI DSS compliance, encryption, tokenization, Radar (fraud prevention) | PCI compliance, integrated security features with QuickBooks ecosystem |
Customer Support | Chat, email, extensive documentation | Phone, chat assistance, dedicated customer support |
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