Business

Difference between Braintree and Stripe

Main difference

Both Braintree and Stripe are online payment solutions that use the API to allow developers to accept credit card payments. Braintree’s settlement period is shorter than Stripe’s. Stripe’s settlement period is 7 days, while Braintree’s is 2-4 days. Therefore, Braintree provides faster settlement than Stripe. International availability is stronger at Braintree compared to Stripe. The currency settlement options provided by Braintree are more than Stripe. Braintree doesn’t handle currency conversion, but Stripe does offer currency conversion automatically in your account for a 2% fee.

What is Braintree?

Braintree is an online payment solution that uses the API to allow developers to accept credit card payments. Braintree’s settlement period is 2-4 days. Currency conversion is not handled by Braintree. Braintree makes PCI compliance easy. Offers simplified usability. With Braintree, payments can be received from over 130 currencies.

What is Stripe?

Stripe is the online payment solution that uses the API to allow developers to accept credit card payments. Stripe’s settlement period is 7 days. Stripe offers currency conversion automatically in your account with a 2% fee. Stripe makes PCI compliance easy. Stripe is quite flexible for recurring bills. With Stripe, payments can be received from over 139 currencies.

Key differences

  1. Braintree doesn’t handle currency conversion, but Stripe does offer currency conversion automatically in your account for a 2% fee.
  2. The currency settlement options provided by Braintree are more than Stripe.
  3. Braintree provides faster settlement than Stripe.
  4. International availability is stronger at Braintree compared to Stripe.
  5. Braintree’s settlement period is shorter than Stripe’s.
  6. Stripe’s settlement period is 7 days, while Braintree’s is 2-4 days.
  7. PayPal is integrated with Braintree but not with Stripe.
  8. AliPay is integrated with Stripe but not integrated with Braintree.
  9. Stripe is more flexible for recurring bills compared to Braintree.

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