Arguably, how much a payment platform charges you for their services is the top consideration when choosing a platform. We’re going to review how Stripe, Braintree, and PayPal handle various types of charges.
Unlike PayPal, Stripe and Braintree won’t charge you monthly or yearly fees just for using their platform.
As for transaction fees, Braintree and Stripe charge you 2.9% + $0.30 for each transaction, which is a silent industry standard. And it doesn’t matter if you’re accepting payments in the USA or globally – the fee doesn’t vary.
Stripe, Braintree, and PayPal have all chosen different paths regarding the AMEX payments. Stripe takes the standard fee – 2.9% + $0.30 for transactions for AMEX. Braintree charges 3.25% and $0.30. PayPal charges even more for each AMEX transaction – 3.5% plus a $0.30 fee.
All 3 platforms are PCI complient with SSL Encryption and the same security banks use for mobile transactions.
We’ve chosen Stripe for it’s pricing, simplicity to set up an account (20 min) and to integrate (copy and paste an API Key).
Please talk to use about other solutions but we know our stuff and have chosen Stripe for many more reason than above for Pay-n-Go.
Credit Card fees are between you and the processor. We only charge the setup fee and monthly fee.