Braintree vs Stripe: Comparison of Two Top Online Payment Gateways

It is expected that in 2022, 28% of payments will be made with eWallets, 52% with credit and debit cards, and only 17% with cash. This data indicates that the majority of the transactions will be processed online.

global pos payment trends

Now let’s face the fact that every entrepreneur wants to make a profit through their online businesses, and choosing the right payment provider influences the online income. No one would want to make the slightest mistake.

According to a Datanyze report, Stripe and Braintree are two leading payment processors. So, being an entrepreneur, you are considering choosing between Braintree vs Stripe for your business, then this blog is for you. We have shared every essential information that you need to make the right choice. Let’s get started.

Overview of Payment Gateways Used for Online Payment

A payment gateway is a technology that helps customers to make payments online. The payment gateway feature is integrated by e-commerce, online retailers, and various marketplaces and e-businesses.

A payment gateway helps to establish a secure network between a client, the online platform, and a bank account. With the gateway, a client or customer makes electronic payments in real-time. Also, payment gateways are integrated to authorize card payments and check for frauds.

The providers of payment gateways charge a transaction fee to offer gateways. Usually, the clients have to pay a percentage of the total sale and a per-transaction fee. However, other pricing models can exist too.

Moreover, every credit card processing business offers a payment gateway for their customers, whether it’s their own proprietary version or an account with a supported gateway. The best-known payment gateways are Braintree and Stripe.

Here is the trend of Stripe and Braintree in the USA over the last year.

google trends of braintree and stripe

Source: Google Trends

We will discuss Braintree vs Stripe in detail today to know more about them.

What is Braintree?

Braintree is a gateway provider based in Chicago, the USA. It offers mobile and web payments systems for eCommerce businesses, where clients get a merchant account and a payment gateway.

braintree website

Source: Braintree Website

Braintree is a service provider that offers gateway services for merchants in more than 45 countries. Braintree offers support for over 130 currencies with streamlined PayPal integration.

Braintree is owned by the super popular payment system PayPal. Therefore, these two payment providers work really well in unison. Also, the payment service supports both iOS and Android for mobile developers.

Features of Braintree

  • Help detect and prevent fraudulent online transactions
  • Safeguard your customer’s information
  • Accept PayPal, cards, and Venmo
  • Easy to check key transaction insights
  • Pay your sellers and freelancers globally
Braintree Pricing PlansStandard pricing – 2.9% + $.30 per transaction
Transaction Fees
  • 2.2% + $.30 per transaction for Visa, Mastercard, Discover, JCB, digital wallets, and Diners Clubs cards
  • 3.25% + $.30 per transaction for American Express cards
  • 2.9% + $.30 per transaction for Venmo
  • 0.75% per transaction for ACH payments
Supported Countries45 Countries
Prominent Clientsuber airbnbpatreon

Now let us take an overview of Stripe along with its features and essential information. Get to know more about Stripe in the next section.

What is Stripe?

Strips is an Irish-American financial service and software as a service (SaaS) company. The Stripe payment gateway offers payment processing software and application programming interfaces (APIs) for several e-commerce websites and mobile applications.

stripe website

Source: Stripe Website

Until now, Stripe has offered its services to millions of businesses of all sizes, from startups to large enterprises, such as Amazon and Shopify. Stripe’s software and APIs help its clients to accept payments, send payouts, and manage their businesses online.

Stripe is now available in 34 countries and Stripe supports more than 135 currencies. Stripe accepts various payment methods, such as Visa, Mastercard, Maestro, and AliPay.

Features of Stripe

  • Accept online payments from debit and credit cards
  • Authorize payment using the customer’s online banking credentials
  • Process payments and show prices in a customer’s preferred currency to avoid conversion rates
  • Prevent fraudulent activities with Stripe Radar that is fully integrated with the payments
  • Easy to sync Stripe data to export information about payments, refunds, and fees
  • Get unified payouts across all the other payment methods and currencies
Stripe Pricing Plans2.9% + $.30
Transaction Fees
  • 2.9% + $0.30 for cards and wallets
  • 0.8% and capping at $5.00 for ACH direct debit card
Supported Countries34 Countries
Prominent Clientsamazon slackzoom

After knowing Braintree and Stripe, we have compared both the payment processors based on different factors, such as Stripe and Braintree processing fees, payment options, and card types.

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Stripe vs Braintree: Top 10 Differences Between Two Payment Processors

The main difference between Braintree and Stripe, Braintree does not charge for refunds, whereas Stripe has started charging for refunds from the users. Also, the market share of Braintree is significantly lower compared to Stripe. Because, Braintree covers 2.05% of the market share, whereas Stripe has 33% of the market share across the globe. Even, in terms of popularity, Stripe has a huge marketing budget and focuses on expansion. They are consistently scaling by adding more users. Whereas, Braintree is not focused on expansion and decreasing in terms of popularity.

stripe vs braintree

Before discussing the top differences between both the payment systems, let’s have a gist of Stripe as well as Braintree through the following table.

Chargeback Fee RefundDoes not give a refundStripe will refund chargeback fees if the dispute is in your favor
International Fees1% of the transactionFree
Payment OptionsPayPal Payments, Venmo, Apple Pay, Android PayAliPay, Apple Pay, Android Pay
Card TypesPayPal, Venmo, Visa, Mastercard, American Express, Discover, JCB, and Diner’s ClubAmerican Express, China UnionPay (CUP), Discover & Diners, Japan Credit Bureau (JCB), Mastercard, Visa
Payment Settlement2 business days, 4 days for AMEX2 business days (or less frequently if desired)
Availability45 countries34 countries
Bitcoin FeesFirst $1,000,000 is free, then 1%Doesn’t offer Bitcoin payment services
Gateway ProviderYes – $49 a month and 10 cents per transactionDoesn’t provide a gateway to existing merchant processing accounts
Customer ServiceEmail and phoneEmail and web form
Security3D Secure 2PCI & DSS compliant

We will also discuss all these top 10 differences between Braintree and Stripe in detail. Now dive in deeper to know more about them for your business requirements.

  1. Chargeback Fee Refund

  2. When it comes to chargeback fee refund, only Stripe refunds a chargeback fee if you win the dispute.

    On the other hand, Braintree doesn’t offer this service. Thus, you don’t get a chargeback fee refund in Braintree.

    Moreover, both Stripe and Braintree charge the industry standard $15 fee for chargebacks.

    winner-trophy Winner: Stripe
  3. International Fees

  4. Both payment processors support more than 100 currencies. However, both Braintree and Stripe charge different fees for international payments.

    International fees are calculated when a customer uses different world currencies and conversions. Thus, Braintree charges 1% for international payments, and Stripe doesn’t charge for international transactions.

    winner-trophy Winner: Stripe
  5. Payment Options

  6. Stripe and Braintree support the major credit card types, including Visa, MasterCard, JBC, Diner’s Club, AMEX, Discover.

    Both providers enable the usage of some modern payment methods, such as Apple Pay and Android Pay.

    While both are pretty similar in terms of available payment methods, Alipay can be implemented only with the Stripe integration, while PayPal and Venmo are used with Braintree only.

    winner-trophy Winner: Stripe & Braintree
  7. Card Types

  8. Although a few card types are common between Stripe and Braintree, there are still some cards that are different for both cases.

    common card types

    Similar Card Types: Visa, Mastercard, JCB, AMEX, Apple Pay, Android Pay, Discover & Diners

    Different Cards-supported by Braintree: PayPal, Venmo

    Different Cards-supported by Stripe: AliPay, China UnionPay (CUP)

    winner-trophy Winner: Stripe & Braintree
  9. Payment Settlement

  10. The payment settlement time is also different for both payment processors. Where Braintree takes 2 days for payment settlement (4 days for American Express Cards), Stripe takes less than 2 days to settle payments.

    In terms of payment settlement, Stripe offers better services to its clients as compared to Braintree.

    winner-trophy Winner: Stripe
  11. Availability

  12. When it comes to the availability of payment processors, Braintree payment processor offers its services in more than 45 countries. On the other hand, Stripe offers its services in more than 34 countries.

    common countries

    Some common countries that avail the benefits of Braintree and Stripe are the United States, Canada, Austria, Germany, Denmark, New Zealand, Ireland, Netherlands, France, and Portugal.

    winner-trophy Winner: Braintree
  13. Bitcoin Fees

  14. The Bitcoin transactions are no more available on Stripe. Earlier, Stripe offered the service for Bitcoin transactions. However, they discontinued the Bitcoin transactions service from April 23, 2018.

    Braintree accepts Bitcoin transactions and processes the first $1,000,000 of Bitcoin payments for free. After the first $1,000,000 of Bitcoin payments, Braintree charges a 1% fee to convert money from Bitcoin to USD.

    winner-trophy Winner: Braintree
  15. Gateway Provider

  16. If anyone decides to use Braintree despite being locked into any other payment processing account, they can surely use it as their gateway to accept payments. Braintree charges a flat monthly fee of $49 to offer their services, with additional fees of 10 cents per transaction.

    On the other hand, Stripe doesn’t provide their services just for acting as a gateway. Stripe must be used with a Stripe merchant account only. In case you are stuck in such a situation, you are recommended to choose Braintree over Stripe.

    winner-trophy Winner: Braintree
  17. Customer Service

  18. Braintree offers great customer services through various channels, such as email or phone. Being an entrepreneur, you can directly communicate with the customer support team and get the best resolution for your business challenges.

    You can connect with the Stripe team through email or web form. However, there is no direct communication channel to get in touch with the customer service team, where you can discuss one-on-one.

    winner-trophy Winner: Stripe
  19. Security

  20. Both the processors are highly secured, compliant and have advanced fraud checking and prevention technology.

    Braintree is compliant with 3D Secure 2, and Stripe is PCI & DSS compliant to prevent frauds during online domestic and international transactions.

    After discussing all the differences, we have shared some of the top similarities between Stripe and Braintree. Let’s discuss those similarities one by one.

    winner-trophy Winner: Stripe & Braintree

Similarities Between Braintree and Stripe

There are various factors that are similar in the cases of Braintree and Stripe. We have shown the same through the following table to give you a quick gist of the similarities.

Fees for Credit and Debit Transactions2.9% of transaction amount + 30 cents per transaction
Chargeback Fees$15
Refund FeesNo fees for refunds or failed transactions
Accepted CardsVisa, MasterCard, AMEX, Diners Club Credit Cards, JCB, Discover
Billing ServicesRecurring billing, subscriptions, discount codes
Automatic Card UpdatingYes, both providers update details of expired credit card data automatically

These are the top similarities between both Stripe and Braintree. Now, let’s discuss each similarity in detail to know more about Stripe and Braintree.

Fees for Credit and Debit Transaction

It’s a tie after comparing both Braintree and Stripe for the pricing model. Both the gateways help in accepting payments with a flat fee of 2.9% of every transaction and an additional fee of 30 cents per transaction.

Additionally, Stripe and Braintree offer discounts to businesses for making sales of more than $80,000 in a month. Braintree will process your first transaction of $50,000 free of cost and help you to save $2,000 or more, which adds a slight advantage over Stripe.

Chargeback Fees

The chargeback fee is the same for both Stripe and Braintree. They charge the industry standard $15 fee for chargebacks.

However, only Stripe will refund you the fee if the dispute is in your favor and the customer is found to be at fault. In such conditions, you are bound to get a refund, and the chargeback is not upheld.

Refund Fees

Both payment gateways do not charge you for any refunded and failed transactions. So, if you are worried about the refund fees, then you can choose either Braintree or Stripe for your business requirements. You will not be charged.

Accepted Cards

Several card types are common for Stripe as well as Braintree. Here are some of the common card types:

  • Visa
  • MasterCard
  • American Express
  • Diners Club Credit Cards
  • Japan Credit Bureau (JCB)
  • Discover
  • Apple Pay
  • Android Pay

Billing Services

Recurring Billing: Both platforms offer minimum fees or recurring monthly fees. This adds an advantage for small start-ups and businesses.

Subscriptions: Subscriptions allow charging a customer based on a recurring system. It is easy to create, retrieve, update, and cancel subscription plans.

Discount Codes: Discount coupons or codes help to give some percent discount from the transaction fees. Coupons may be applied to invoices or orders and do not work with conventional one-off charges.

Automatic Card Updating

Both providers update you with the details of expired credit card details automatically. It becomes really easy to keep track of the details of your credit card.

However, after discussing essential information about Braintree and Stripe, such as their differences, similarities, and features, you must want to know which payment processor would be the best for your business requirements. So, check the next section to find out which processor perfectly fits your requirements.

Stripe vs Braintree – Which One is Best for Your Business?

stripe vs Braintree

To identify which payment gateway would fit the best for your business, we have created the following table based on the important factors.

We have also mentioned the result after comparing both the processors. Now, it would be easy for you to pick the best processor according to your requirements.

Fees – Credit and Debit2.9% of transaction amount + 30 cents per transactionTie
Fees – BitcoinFirst $1,000,000 is free, then 1%NABraintree
Fees – Chargeback$15
Stripe will refund chargeback fees if the dispute is in your favor
Fees – International Payment1% of the transactionNoneStripe
Accepted CardsVisa, MasterCard, AMEX, Diners Club Credit Cards, JCB, DiscoverTie
Other Payment MethodsPayPal, Venmo, Apple Pay, Android PayAliPay, Apple Pay, Android PayBraintree
Gateway OnlyYes, for monthly fees of $49 and 10 cents per transactionNoBraintree
Other Billing ServicesRecurring billing, subscriptions, discount codes, add-onsRecurring billing, subscriptions, discount codes, couponsTie
Payment Settlement2 business days, 4 days for American Express2 business days (or less frequently if desired)Stripe
Mobile PaymentsYes, online and via the web appTie
Marketplace PaymentsBoth providers offer thisTie
Native LanguagesRuby, Python, PHP, Java, Microsoft .Net, NodeCurl, Ruby, Python, PHP, Java, Node, GoNA
Integration with Existing Apps and ServicesYes, over 40 apps and services, including Magento, FreshBooks, and RecurlyYes, over 300 apps and services, FreshBooks, Zoho, and FreeAgentStripe
Support DocumentationStandardComprehensiveStripe
POS TerminalsNo, neither provider offers thisTie
Customer Service ReputationVery good, contact by email or phonePoor, contact by email or web formBraintree
Automatic Card UpdatingYes, both providers update expired credit card details automaticallyTie
Safety and Security3D Secure 2PCI & DSS compliantTie

Going through this table, you must have understood that in the battle of Stripe vs Braintree, the ‘winner’ ultimately depends on your business requirements and the type of business you have.

So if you want to process a lot of international transactions, Stripe is a better option. On the other hand, if you want to deal with domestic payments, Braintree’s service of $50,000 fee-free will be helpful.

However, if you already have a processor and want a gateway for your business, then go for Braintree. In case you are concerned with the matter of the dispute, go for Stripe as it will refund the chargeback fees if the dispute goes in your favor.

Other than this, both providers offer similar types of services and lots of support for developers and integrations. However, many factors help to decide which gateway provider will perfectly fit your requirements. So, choose the gateway provider based on your business requirements.

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Frequently Asked Questions

Does PayPal own Braintree?

Yes, PayPal acquired Braintree in 2013. Here is the logo of Braintree that states, “Braintree – A PayPal Service”.

braintree - a paypal service

How long will it take to get a Braintree account?

Some merchant accounts are created immediately after filling out the signup form. However, in some cases, the Braintree team needs to gather additional information before merchants can start processing. Also, in such cases, the team will contact you within one business day.

Do customers also need a Stripe account to purchase from an online shop?

No. Customers only require a valid credit card or debit card to purchase anything from your shop.


We have shared almost every essential information that will help you to find the comparison between two top online payment processors – Braintree vs Stripe.

We discussed the top 10 differences between Braintree and Stripe in detail. Also, we showed the similarities between Braintree and Stripe, so you know which factor you need to focus on. However, choosing a gateway entirely depends on the type of business you run and your business requirements.

In case you want to use one of the gateways for your online business and face any challenge, contact our team of experts. Our app development team has experience in developing over 3500 iOS and Android apps using various technologies, such as Machine Learning and Blockchain.

Also, have a look at some of the on-demand apps developed by our team. So far, we have developed over 50 on-demand applications.

Glovo – Has over 30 million installs and received funding amount of $513M by over 28 investors

Bevy – Covered by TechCrunch, The Huffington Post, The Guardian, and Yahoo Finance

Let us know if you want to connect with our team and discuss your requirements? We will be happy to guide you further.

Author Bio
Jigar Mistry
Jigar Mistry
Designation: Vice President (Technologies)

Jigar Mistry is Vice President (Technologies) at Space-O Technologies. He has 14+ years of experience in the web and mobile app development industry. He has expertise in different mobile app categories like health and fitness, eCommerce, and on-demand.