Stripe vs Amazon Payments : Which is Better?

Stripe icon

Stripe

Stripe is a suite of APIs that powers commerce for businesses of all sizes. Developed by Stripe Inc.

License: Commercial

Categories: Business & Commerce

Apps available for Online

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Amazon Payments icon

Amazon Payments

Amazon Pay is an online payments processing service. Developed by Amazon

License: Freemium

Categories: Business & Commerce

Apps available for Online

Stripe VS Amazon Payments

Stripe offers a more extensive range of features tailored for developers and subscription services, while Amazon Payments leverages Amazon's trust and ease of use for customers. Stripe excels in customization and flexibility, whereas Amazon Payments is better suited for merchants looking to tap into the Amazon ecosystem.

Stripe

Pros:

  • Extensive payment method support
  • Robust API for developers
  • Strong fraud detection tools
  • Best for subscription services
  • Customizable checkout options

Cons:

  • Complex fee structure for some features
  • Limited support for certain countries
  • May require technical knowledge for setup
  • Not ideal for physical goods sales
  • Less brand recognition compared to Amazon

Amazon Payments

Pros:

  • Trusted brand recognition
  • Easy integration with Amazon accounts
  • Wide customer base due to Amazon's reach
  • Simple fee structure
  • Good for physical goods sales

Cons:

  • Limited payment methods compared to Stripe
  • Not suitable for subscription services
  • Less customization in checkout process
  • Higher fees for some transactions
  • Limited reporting features

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