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Difference Between Authorize.Net and Stripe

We have talked before in many articles about electronic payment and its importance and manifestations of development in recent years as well as discussed some of the online payment gateways before in this article. In this article, we will explain some of the online payment gateways Authorize.Net and Stripe and differences between them.

Authorize.Net

It is a United States-based payment gateway service provider allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol connection. Products and services:

E-commerce

Authorize.Net enables the customer to process payments in any way that works for the business, whether it’s through customer website, mobile app or manual transactions. Authorize.Net makes it easy to accept credit cards and help ensure customer get paid. 

All-in-One Option If you don’t have a merchant account, select this option. 

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

Payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.   
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year. 

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

Point of Sale

Virtual Point of Sale is a free, value-added service that empowers the customer to connect a compatible card reader to the computer, log in, and start accepting payments in person. It’s included at no additional cost with customer Authorize.Net account.

All-in-One Option If you don’t have a merchant account, select this option.

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

Payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year.

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

authorize

Mobile Payment

The card on file simplifies returning customers’ checkout experience so they can purchase your products with fewer clicks instead of re-entering payment info. And storing payment information on our secure servers reduces your security liability.

All-in-One Option If you don’t have a merchant account, select this option.

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

Payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year.

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

Phone Payment

Submit manual orders quickly and securely with Virtual Terminal using a web browser. It’s perfect for merchants who need to input credit card or e-check transactions. Batch Upload allows you to upload multiple credit card or e-check transactions in a single file eliminating the need to manually enter multiple transactions.

All-in-One Option If you don’t have a merchant account, select this option.

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

Payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.    
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year. We offer:

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

Billing

Authorize.Net provides excellent flexibility for billing needs. Directly connect to proprietary systems, set it up manually or allow customers to choose payment preferences directly from the shopping cart. Whether billing the same amount or different weekly, monthly or at a different cadence,  billing options help increase loyalty while reducing costs.

All-in-One Option If you don’t have a merchant account, select this option.

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

Payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.    
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year. We offer:

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

E-check Payments

Accept electronic checks in addition to credit cards with eCheck.Net®. Expand customer transaction options and get faster processing than processing paper checks, with direct ACH payments from banks to customer website.

  • No Setup Fee.
  • Monthly Gateway $25.
  • Per Transaction (Gateway) .75%*.
  • Free Additional Services.

 

Mobile Card Readers

Connect customer card reader easily through a standard headphone jack on Apple iOS or Android device. The customer can purchase an Authorize.Net-supported card reader directly from a partner, POS Portal.

All-in-One Option If you don’t have a merchant account, select this option.

  • No setup fee.
  • Monthly gateway: $25.
  • Per transaction 2.9% + 30¢.

payment Gateway Only If you already have a merchant account, sign up for this plan.

  • No setup fee.    
  • Monthly gateway $25.
  • Per transaction 10¢, daily batch fee 10¢.

Enterprise Solutions if you process more than $500K per year.

  • Tailored pricing.
  • Data migration assistance.
  • Interchange plus options.

 

Stripe

It is a technology company. Its software allows individuals and businesses to receive payments over the Internet. Stripe provides the technical, fraud prevention, and banking infrastructure required to operate online payment systems. Products and services.

Payments

Stripe’s pre-processing layer helps every business get closer to the bare metal through multi-regional direct connections to the major card networks, including Visa, Mastercard, and American Express.

Direct integrations with the card networks let Stripe optimize routing paths, provide the most granular data, and reduce transaction latency. Stripe also automatically tests and runs numerous optimizations for every transaction so you can maximize success rates and revenue.

stripe

Billing

The Stripe Billing API is easy to integrate into existing websites, mobile apps, or even CRM systems. Developers can use out-of-the-box functionality to get started quickly or use our composable API building blocks to design fully customized subscription logic and pricing models.

Once you’re set up, you can create and manage subscriptions and invoices and view detailed financial reports directly from the Dashboard. Stripe doesn’t limit the number of team members you can add and supports granular roles and permissions to help manage access.

Connect

Building the payments infrastructure for your platform used to be a big undertaking no longer. Take advantage of pre-made UI components to launch faster and simplify operations. Sign up new users on your platform and get them paid quickly.

Connect is API-first and lets you design the best experience for your platform. You can customize onboarding, set payout timing, allow complex money movement, and get integrated financial reporting. You own the experience from end to end.

Pricing of Stripe

Access a complete payments platform with simple, pay-as-you-go pricing 2.9% + 30¢ per successful card charge.

Vapulus

It is an online payment company was founded in 2016. It aims to build a more financially inclusive society through advanced technology accessible to anyone. It acts as an intermediary between merchant and customer and offers many services. Vapulus gives an application that allows you to make many payment transactions with both end user and merchant also.

For End User

The app works for any situation that involves money – user profiles can be linked to debit and credit cards, e-wallet accounts, and mobile wallets. Vapulus app users can frequently enjoy the latest offers, discounts or coupons/Gift Cards from their favourite merchants exclusively through Vapulus.

All transactions can be done with just a username, so users can feel secure about not sharing their private financial details with others when shopping online or in stores. Users can also pay their bills remotely with Vapulus.

It is an easy way to make online shopping and payment with PCI certified that make data security standards for stress-free shopping and payments. by using vapulus wallet user pay what they want whenever they want.

Merchant

it gives you a list of customers, it gives you space to display your products and finally gives you  Behavioral analytics and financial reporting adds up to a significant sum at the end of the year. Make sure it is done properly, real-time, and at no extra cost.

Any business can use Vapulus, even individual sellers without a storefront It gives them a store checkout page so their clients can easily pay online. The mPOS system provides detailed reports to merchants regarding transaction types and demographics for any Vapulus user that enters the store, whether or not they buy.

Vapulus is capable to integrate directly with the merchants’ normal POS machine, so the merchant will use our gateway channel to promote his business by launching virtual loyalty cards/Gift cards or coupons to his customers. This will incentivize customers to keep returning to the merchant for repeated sales and discounts.

Vapulus