Stripe vs Revolut: A Complete Comparison for Merchants

Note that the information about the payment providers found in this article was taken from their respective websites on 25 November 2024. This information is subject to change.

Choosing the right third-party payment processor is a critical decision for any business. Both Stripe and Revolut offer powerful tools, but they serve different purposes and cater to different types of merchants.

In this article, we look at Revolut vs Stripe, breaking down how each platform works, pricing and what features they offer. Whether you’re looking for a financial management hub or advanced payment processing, understanding these differences will help you make the right choice.

Stripe vs Revolut for Online Payments

Stripe for Online Payments

Stripe provides a range of online payment tools, including API integration, user interfaces (UIs), no-code solutions, and more.

Stripe Checkout is a ready-made payment gateway that merchants can integrate into their website using APIs or direct customers to a Stripe-hosted page. It supports one-time payments and subscriptions, works in over 30 languages and 135 currencies, and adapts to show the payment methods most likely to boost conversions. Stripe also offers Link, a one-click checkout option for faster transactions.

For a customised payment flow, merchants can use Stripe Elements, a set of UI components. Stripe Connect integrates payments into e-commerce platforms and marketplaces like Shopify and DoorDash.

Stripe’s no-code tools include payment links, which let merchants sell without needing a website. They can create a full payment page and share it with customers, all without writing any code.

On the security side, Stripe uses its AI-powered fraud prevention tool, Stripe Radar. It also provides Acceptance Optimisation to improve transaction approval rates.

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

Revolut for Online Payments

Revolut allows businesses to accept payments in over 25 currencies.

The platform supports a range of payment methods, including Visa, Mastercard, American Express, Maestro, Apple Pay, Google Pay, and UK Fast Payments. For e-commerce businesses, Revolut provides no-code plugins and a Merchant API to integrate payments into online marketplaces.

Revolut enables businesses to create payment links for customers, which can be shared securely via email, text, social media, QR codes, or invoices. Businesses can also create custom invoices with built-in payment methods and track payments in real time.

Revolut Pay is their own digital wallet, which allows customers to make payments directly from their app, with access to a loyalty programme. This payment method can be integrated alongside card and mobile wallet payments.

Revolut’s online payments platform streamlines the checkout process for customers who are already verified through Revolut’s KYC. Businesses can leverage this feature to connect with over 50 million Revolut users who have already passed the necessary compliance checks.

Revolut has an anti-fraud system in place. If suspicious activity is detected, the system will give a warning and ask for additional information, if needed.

Revolut vs Stripe Pricing for Online Payments

In terms of Stripe vs Revolut pricing, both providers take a transparent approach, revealing their fees on the website.

Revolut offers flexible pricing plans for business accounts, following the freemium model.

For payments, Revolut charges per transaction, depending on the type of payment and payment method used. Here is the price breakdown:

Revolut pricing as of 25 November 2024.

Stripe also offers transparent pricing per transaction. Below is the breakdown.

Stripe pricing as of 25 November 2024.

See the providers' websites for complete and up-to-date Stripe vs Revolut fees.

Stripe versus Revolut: Other Features

Both providers offer in-person payments via terminals, readers and POS systems.

Beyond business payments, Revolut is an account provider. Businesses can manage accounts in multiple currencies, track expenses with spend controls, and sync with accounting tools. Debit cards support team spending and supplier payments, while transfers allow fast payments in 30+ currencies to over 150 destinations.

Currency exchange at interbank rates includes tools like price alerts and forward contracts to manage rates. Additional features include savings with daily interest, crypto trading for 210+ tokens, and analytics to forecast finances and optimise cash flow. Revolut also integrates with accounting and HR systems, automating workflows and reducing manual errors.

Stripe provides embedded payment and finance solutions, including physical and virtual card issuance. It also offers a full suite of tools for revenue and finance automation. These include billing, revenue recognition, tax automation, online invoicing, custom reporting, and data warehouse syncing.

Key Difference between Stripe and Revolut

It’s challenging to directly compare Stripe and Revolut as both are strong providers, yet they cater to slightly different needs.

Revolut was originally built as a multi-currency account provider, therefore naturally accounts is its strong point. Revolut is ideal for businesses looking for an all-in-one financial solution that combines account management and payments. It also offers features like currency exchange, savings with daily interest, and crypto trading. Merchants who prioritise managing finances alongside payments will find Revolut a strong fit.

Stripe, on the other hand, is focused on offering advanced payment processing tools and customisation. It’s a better choice for businesses that need tailored checkout experiences. Stripe supports over 100 payment methods globally, making it a strong option for merchants operating in international markets or needing a wide range of payment options.

Stripe vs Revolut for Small Businesses

Revolut is therefore well-suited for small to mid-sized businesses or those that value an integrated solution combining payments with financial management. Stripe is more appropriate for merchants with complex payment needs, high transaction volumes, or businesses requiring extensive customisation and global reach.

Alternatives to Stripe and Revolut

Looking for a simpler, smarter way to process payments? Noda is a great alternative to Stripe or Revolut for Business, especially for small and medium-sized companies. Our platform offers everything you need for smooth, secure payments and easy integration.

Why Choose Noda?

Noda does more than process payments. With Noda’s Open Banking API, you can offer direct bank payments with better user experience, lower fees and no chargebacks. That means a smoother, more secure payment flow for your customers and more savings for your business.

With payment plugins for popular e-commerce platforms like OpenCart, WooCommerce, Magento, and PrestaShop, Noda is easy to set up and use. Whether you’re starting out or scaling, we’ve got flexible plans to fit your needs.

Reach More Customers

We offer instant bank payments with flexible fees and a great acceptance rate. Noda currently partners with over 2,000 banks in 28 countries, supporting many currencies.

Noda lets you leverage pay-by-bank technology internationally, saving money on avoiding middlemen fees and chargebacks and offering your customers the convenience of paying through their trusted local banks.

Grow Your Business

From helping with customer verification (KYC) to improving the user experience and providing customer insights, Noda’s tools are designed to grow your business. We help you make payments easier and forecast long-term value.