Are you searching for the perfect merchant account provider for your business? If so, you’ve probably come across a lot of different names and a lot of different companies. There are a number of differences between merchant account providers Charge.com and Stripe, and we’re here to go through them with you on today’s blog!
What Businesses Are These Providers Best Suited For?
Stripe works with a variety of different industries, such as e-commerce, retail, B2C marketplaces, and non-profits. However, Stripe has caused these industries a few issues because their accounts can be frozen or canceled without little to any notice.
Here are Charge.com, we work with the following business types:
- Mail order
- Phone order
- ACH and eChecks
- And more!
If you see your business on that list, then we’re here to work with you. And even if you don’t, there’s probably a way we can customize a plan and make our merchant account services work for you and your business needs.
How Easy Is It to Use Their Service?
Stripe has a user-friendly interface, and while they’ll give you instant access to payment processing, that means they’ll have the ability to constantly review and keep track of your account. If they view your activity and determine it to not be in line with their policies or find your activity to be risky, they can hold funds or cancel your account without telling you. At Charge.com, we are proud of our accessible user interface and clear instructions. And unlike other merchant account providers who represent both buyers and sellers, only sellers have accounts with Charge.com, That way you’ll always get a fair shake from us, and our risk management team will be able to work with you on strategies to help reduce or eliminate any possible disruptions to your account.
What Breadth of Services Do They Offer?
Stripe offers payment accepting services, including online payments, payment terminals, and radar services to prevent fraud. They also offer billing services and assistance specifically for startups. However, at Charge.com, we go above and beyond these types of services. Each account with Charge.com gets free software that allows you to accept payments from wherever you are, however you want. No matter if it’s via email, fax, phone, or internet, we can make the payment process happen. We also offer internet processing software, electronic keypad terminals, wireless/mobile credit card processing, and so much more.
How Do the Rates and Fees Differ?
Stripe starts with pay-as-you-go pricing, which is 2.9% + 30 cents per successful card charge. For international cards, they’re charged an extra 1%. Their billing services cost 0.4% on recurring charges, and their radar services are 4 cents per transaction. However, at Charge.com, we are much more affordable than Stripe. We require NO merchant account application fee, give out INSTANT approvals for accounts, offer discount rates as low as 0.25%, and our transaction fees are as low as just 15 cents. Additionally, we require no long-term contract commitment, there are no cancellation fees, and we have 24/7 support to help you with anything you need and to answer any questions.
Why Should I Choose Charge.com Above the Competition?
Overall, Charge.com surpasses Stripe. We’ve been in business for much longer than our competitors, which means we have more experience and knowledge about how to service your company the best. Stripe, and many other merchant account providers, are more of a one-size-fits-all solution, which is not how Charge.com views this industry at all. We know that every single account is different and has different needs, which is why our team will work with you to customize a merchant account plan. We want to get you all of the exact services you need to be successful. We can’t wait to hear from you soon!
Want to learn even more about how Charge.com can change your business for the better? Call 1-888-924-2743 or contact us online to speak to a member of our team!