Adyen vs Stripe: Which Payment Platform Is Best for Your Business?

Note that the information about Stripe and Adyen found in this article was taken from their respective websites on 20 September 2024. This information is subject to change.

Payments are more than just a step in the buying process—they’re a moment of truth for your business. The payment processor you choose can either make or break the user experience for your customers.

Adyen and Stripe are two strong payment providers, but which one really suits your business needs? In this Adyen and Stripe comparison, we’ll break down what each platform offers, from ease of integration to processing fees.

Stripe vs Adyen for Online Payments

Stripe for Online Payments

Stripe offers a comprehensive suite for online payments, including API integration, user-friendly interfaces, and no-code solutions.

With Stripe Checkout, merchants can integrate a pre-built payment gateway into their websites using APIs or redirect customers to a Stripe-hosted page for processing one-time payments or subscriptions.

Checkout supports over 30 languages and more than 135 currencies, displaying the payment methods that are most likely to convert customers. Stripe also has Link, its native one-click checkout system.

For customisation, merchants can use Stripe Elements, which are UI components to create tailored payment flows. Stripe Connect allows seamless payment integration into platforms and marketplaces like Shopify and DoorDash, embedding payments directly into their products.

Stripe’s no-code tools, like payment links, enable merchants to sell without needing a website. They can create a complete payment page and share it via a link, all without writing code.

In terms of payment security, Stripe uses a ML-based fraud prevention system Stripe Radar.

Additionally, Stripe offers Acceptance Optimisation to improve network acceptance rates.

Stripe supports over 100 global payment methods, including bank transfers, real-time payments, buy now pay later (BNPL) options, cards, digital wallets, cash vouchers, and bank debits and redirects.

Adyen for Online Payments

Adyen Web Payments allows businesses to create optimsed checkout experiences across all devices, such as desktops, tablets, and mobile, with location-based features.

Adyen offers merchants 94 online payment methods, including credit cards, popular digital wallets, and Buy Now, Pay Later (BNPL) options.

For mobile transactions, Adyen In-App Payments enables smooth in-app payment flows, while Pay-by-Link lets customers pay securely via a link generated by the merchant but hosted by Adyen.

Adyen’s security suite helps prevent fraud and disputes, offering customisable risk controls, dynamic 3D Secure, and automated risk assessments, though some features are exclusive to premium clients.

Adyen Unified Commerce integrates online and offline payments, providing valuable cross-channel insights, while Adyen Embedded Payments allows marketplaces to manage user sign-ups, sales, and payouts all through one platform.

Adyen vs Stripe Fees for Online Payments

In terms of Stripe vs Adyen charges, the providers use slightly different approaches. Stripe offers transparent fees for card transactions depending on the currency - see below.

Stripe fees in GBP, as of 20 September 2024. For a full breakdown of Stripe Pricing please see the provider’s website.

Meanwhile, Adyen charges a fixed £0.11 (or €0.11 in Europe) processing fee + a fee determined by the payment method or card network for each transaction. Other Adyen products, besides payment methods, are priced separately. As Adyen operates in a wider geography, the fees are dependent on the merchant’s and shopper’s countries.

Here is the breakdown of some of the Adyen’s fees for popular payment methods.

Stripe vs Adyen fees in GBP, as of 20 September 2024. For a full breakdown of Adyen Pricing please see the provider’s website.

Adyen vs Stripe: Other Features

Stripe enables embedded payments and financial services through physical and virtual card issuing. It also offers a robust suite for automating revenue and financial tasks, including tools for billing, revenue recognition, tax automation, online invoicing, and generating custom reports.

Adyen also provides a comprehensive suite of additional services. For example, Adyen Revenue Optimisation offers tools for payment routing and recovery, while Adyen Impact enables merchants to add donation prompts at checkout. Adyen Capital offers flexible cash advances to select merchants, and Adyen Card Issuing allows businesses to issue branded cards.

Which One Is Better: Adyen or Stripe?

Adyen and Stripe are both powerful payment platforms, but they serve slightly different business needs.

Stripe, for example, offers a developer-friendly approach with a vast array of APIs and tools, making it a go-to for tech-savvy companies that need flexibility. Stripe also supports businesses that operate across multiple platforms and channels, especially e-commerce marketplaces, with integration through Stripe Connect.

On the other hand, Adyen is perfect for large businesses that want to connect both their online and offline payments via  an omnichannel solution. Adyen's support for a wide variety of payment methods across multiple regions makes it ideal for businesses looking to expand internationally.

Alternatives to Stripe and Adyen

Looking for a simpler, smarter way to handle payments?

Noda is the perfect alternative to Stripe or Adyen for small and medium-sized businesses. We offer an intuitive, secure payment solution that simplifies transactions and is easy to integrate into your current setup.

Why Choose Noda?

Noda goes beyond just processing payments. Our platform uses Open Banking API to enable pay-by-bank payments, offering a smoother experience for your customers with lower fees and no chargebacks. This means more savings and fewer payment frictions for your business.

Seamless Integration

With Noda’s plugins for popular e-commerce platforms like OpenCart, WooCommerce, Magento, and PrestaShop, getting started is fast and straightforward. We have flexible options to suit your needs, whether you’ve just started or scaling up.

Expand Your Reach

Noda connects with over 16,500 banks in 27 countries, allowing you to offer seamless payments worldwide while giving customers the familiarity of their trusted banks.

Grow with Confidence

Our tools help with everything from customer verification to enhancing user experience and providing valuable user insights. Noda is designed to streamline your payment processes and support your business growth.