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Does anybody has used GoCardless or Braintree? What advantages there are between Stripe and those other ones?

by 1bo1bo1 13y ago

jusben1369 13y ago
GoCardless is direct debit only so would be a natural compliment to Stripe but unlikely to be a head to head competitor.
nqureshi 13y ago
(I work at GoCardless). GoCardless and Stripe tend to solve very different problems. We're a Direct Debit provider, whereas Stripe do card payments. In short, Direct Debit is great for recurring payments and variable billing. It's traditionally really hard to get access to in the UK if you're a smaller business; but we allow people to sign up instantly and start using it without having to go to the bank. DD is a great solution if you're in a service business or are charging a similar set of people each month. It's a less good solution if you're doing e-commerce/physical goods, since you need fast payment timings/clearing. That's the sort of problem cards (and therefore Stripe) are optimized for. More info here: https://gocardless.com/direct-debit/use-cases/ https://gocardless.com/direct-debit/use-cases/
- shedside 13y ago
  Also, according to Stripe's Terms and Conditions, “the Stripe Service is not made available to persons … for personal, family or household purposes” — this isn’t the case for GoCardless, where signing up as an individual to collect gift payments by Direct Debit is A-OK.
lbarrow 13y ago
I'm an engineer at Braintree. The way I see it when you compare Braintree and Stripe in the UK: - Stripe has instant signup. Braintree does not (yet). You have to send us a few documents; the signup process takes a few days. - Stripe multicurrency support is limited to USD, EUR, and GBP. Braintree can accept payments in 130 currencies and settle in the following currencies: AUD - Australian dollar CAD - Canadian dollar DKK - Danish krone CHF - Switzerland francs EUR - European Union euro GBP - British pound HKD - Hong Kong dollar JPY - Japanese yen NOK - Norwegian krone NZD - New Zealand dollar SEK - Swedish krona USD - US dollar ZAR - South African rand Being able to settle in DKK, CHF, NOK or SEK might make a big difference to merchants with large customer bases in Northern Europe. - Stripe charges a 2% currency conversion fee if you settle in a different currency than you present. Braintree does not. - The pricing structures are different. Stripe charges 2.4% + 20p per charge; Braintree charges on an interchange plus model: IC + 0.9% + 10p, with a 100 GBP monthly minimum. Finally, of course, our products are different as well. Braintree.js and Stripe.js don't work the same way, and our APIs have different capabilities.
- sleepyhead 13y ago
  The 100 EUR minimum fee per month in Europe was a show-stopper for us. We were about to develop an integration with Braintree in our SaaS (http://makeplans.net http://makeplans.net - online appointment scheduling) but as our clients are small and have little volume Braintree was not an option after changing from no fixed fees to 100 EUR / month.

Does anybody has used GoCardless or Braintree? What advantages there are between Stripe and those other ones?

by 1bo1bo1 13y ago

Does anybody has used GoCardless or Braintree? What advantages there are between Stripe and those other ones?

GoCardless is direct debit only so would be a natural compliment to Stripe but unlikely to be a head to head competitor.

nqureshi 13y ago

(I work at GoCardless). GoCardless and Stripe tend to solve very different problems. We're a Direct Debit provider, whereas Stripe do card payments. In short, Direct Debit is great for recurring payments and variable billing. It's traditionally really hard to get access to in the UK if you're a smaller business; but we allow people to sign up instantly and start using it without having to go to the bank. DD is a great solution if you're in a service business or are charging a similar set of people each month. It's a less good solution if you're doing e-commerce/physical goods, since you need fast payment timings/clearing. That's the sort of problem cards (and therefore Stripe) are optimized for. More info here: https://gocardless.com/direct-debit/use-cases/ https://gocardless.com/direct-debit/use-cases/

shedside 13y ago
Also, according to Stripe's Terms and Conditions, “the Stripe Service is not made available to persons … for personal, family or household purposes” — this isn’t the case for GoCardless, where signing up as an individual to collect gift payments by Direct Debit is A-OK.

lbarrow 13y ago

I'm an engineer at Braintree. The way I see it when you compare Braintree and Stripe in the UK: - Stripe has instant signup. Braintree does not (yet). You have to send us a few documents; the signup process takes a few days. - Stripe multicurrency support is limited to USD, EUR, and GBP. Braintree can accept payments in 130 currencies and settle in the following currencies: AUD - Australian dollar CAD - Canadian dollar DKK - Danish krone CHF - Switzerland francs EUR - European Union euro GBP - British pound HKD - Hong Kong dollar JPY - Japanese yen NOK - Norwegian krone NZD - New Zealand dollar SEK - Swedish krona USD - US dollar ZAR - South African rand Being able to settle in DKK, CHF, NOK or SEK might make a big difference to merchants with large customer bases in Northern Europe. - Stripe charges a 2% currency conversion fee if you settle in a different currency than you present. Braintree does not. - The pricing structures are different. Stripe charges 2.4% + 20p per charge; Braintree charges on an interchange plus model: IC + 0.9% + 10p, with a 100 GBP monthly minimum. Finally, of course, our products are different as well. Braintree.js and Stripe.js don't work the same way, and our APIs have different capabilities.

sleepyhead 13y ago
The 100 EUR minimum fee per month in Europe was a show-stopper for us. We were about to develop an integration with Braintree in our SaaS (http://makeplans.net http://makeplans.net - online appointment scheduling) but as our clients are small and have little volume Braintree was not an option after changing from no fixed fees to 100 EUR / month.