PAYMENT PROCESSING GATEWAYS COMPARISON CHART

 

NOTE: Comparison chart was created based on available information. Features are subject to change.

 PayPal
paypal.com
Stripe
stripe.com
Authorize.net
authorize.net
square.com
square.com
2CheckOut
2checkout.com
Start Up Fee
No
No
$49, plus $25 monthly
No
No
Transaction Fees$0.30 flat fee plus 1.9 to 2.9% per transaction2.9% +0.30 per transaction ACH & Bitcoin 0.8% $5 cap.2.9% + $0.30 per transaction (for high volume over 50K year call)2.65% per swipe, 2.9% + 30 cents per paid Square Invoice and Online Store sale, 3.4% + 15 cents per manually entered transaction and $0.10 for Interac Debit Tap sales.2.9% per transaction + $0.30 per transaction
Payment MethodsDirect PayPal transfer, eCheck or Credit/Debit cardAll Major Credit CardsAll Major Credit CardsCredit and debit cards, Apple Pay, and Android Pay.PayPal, Credit or Debit card
Customer Account Required to PurchaseNoNoNoNoNo
Recurring Billing
Hosted CheckoutYes, but also integrates with other carts. Yes, but also integrates with other carts.Yes, but also integrates with other carts.Yes, but also integrates with other carts. Yes, but also integrates with other carts.
Invoicing
No
Mobile App
Withdrawal ProcessFunds can be withdrawn to a bank account anytime and in any amount. Funds can be transferred daily and on your own schedule to go straight to your bank account. Funds are transferred to your merchant bank account automatically based on how you set it up. Square needs to debit your linked bank account, we’ll send an email notification to the email address associated with your Square account prior to the withdrawal and provide a detailed description of the charge in your Deposits Report tab on Dashboard.Payments meeting threshold (set by user) are sent weekly via cheque, electronic bank transfer or 2Checkout Debit Mastercard. Extra fees apply.