Square, Stripe, and PayPal Comparisons

Payment Processors
Profile IconAkiraCart

The landscape of online payments has evolved significantly over the years, with several payment processors catering to the diverse needs of businesses and individuals. Among the prominent players are Square, Stripe, and PayPal… With each offering a range of features and services. In this article, we will delve into the key features and differences between these payment processors, along with a comparison of some of their rates.



  • Square Point of Sale (POS): Square is known for its user-friendly POS system, which includes hardware like Square Readers for contact-less and chip payments.
  • Invoicing: Square facilitates easy invoicing for businesses, allowing them to send invoices and receive payments online.
  • E-commerce Integration: Square offers tools for online stores, making it suitable for businesses with both physical and online presences.
  • Square Capital: Square provides small business loans through Square Capital, offering financing options for eligible sellers.


  • 2.6% + 10¢ per transaction for in-person transactions.
  • 2.9% + 30¢ per transaction for online transactions.
  • Custom rates available for businesses with high transaction volumes.



  • Developer-Friendly: Stripe is known for its developer-friendly API, allowing businesses to customize their payment flows and integrate with various platforms seamlessly.
  • Subscription Billing: Stripe supports subscription-based billing, making it suitable for businesses with recurring revenue models.
  • Dynamic 3D Secure: Offers an additional layer of security for online transactions through dynamic 3D Secure authentication.
  • Stripe Radar: An advanced fraud detection tool that helps businesses mitigate risks associated with online transactions.


  • 2.9% + 30¢ per successful transaction.
  • Discounts available for high-volume businesses.
  • Additional fees for international transactions.



  • Global Reach: PayPal is one of the most widely used payment processors globally, facilitating transactions in multiple currencies and across borders.
  • Buyer and Seller Protection: PayPal provides both buyers and sellers with protection against fraud and unauthorized transactions, enhancing trust in online transactions.
  • Website Integration: PayPal can be easily integrated into various e-commerce platforms, making it a convenient choice for online businesses.
  • One Touch: PayPal’s One Touch feature allows customers to make purchases with a single touch, streamlining the checkout process.


  • 2.99% + 49¢ per transaction (for domestic transactions in the U.S.) when processing credit cards online using their standard product.
  • 2.59% + 49¢ per transaction (for domestic transactions in the U.S.) when processing credit cards online using their advanced product.
  • Additional fees for international transactions and currency conversion.

Final Thought

Choosing the right payment processor depends on the specific needs and priorities of your business. While Square, Stripe, and PayPal share common features, their differences in rates, global reach, and additional services can impact the overall suitability for different businesses. Consider your business model, transaction volumes, and preferred features before making a decision.

Ready to Get Started?

Try out the demo for yourself!
Any orders you make won't be real so don't be afraid to push buttons.

Sign Up! or See Demo