DevPick

PayPal vs Stripe

A detailed comparison to help you choose the right payment processing solution for your project.

Quick Verdict

Both tools are excellent choices with similar feature sets. Your decision should be based on pricing, ecosystem fit, and specific use case requirements.

PayPal

The household name in payments

Starting at
2.99% + 49¢

Best for

B2C productsAudiences expecting PayPal

Stripe

The gold standard for payments

Starting at
2.9% + 30¢

Best for

Most SaaS productsMarketplaces

Feature Comparison

FeaturePayPalStripe
Card PaymentsYesYes
SubscriptionsYesYes
InvoicingYesYes
Marketplace/ConnectYesYes
No-code OptionsYesYes
Payment Links, Checkout
Mobile SDKsYesYes
Global PaymentsYesYes
135+ currencies

Pricing Comparison

PayPal

Standard2.99% + 49¢
Advanced2.59% + 49¢

Stripe

Integrated2.9% + 30¢
Customized2.9% + 30¢
EnterpriseCustom

PayPal Pros & Cons

Pros

  • +High consumer trust
  • +PayPal wallet users
  • +Good for B2C
  • +Venmo integration

Cons

  • -Dated developer experience
  • -Complex account management
  • -Aggressive holds

Stripe Pros & Cons

Pros

  • +Best-in-class documentation
  • +Excellent developer experience
  • +Comprehensive feature set
  • +Strong ecosystem

Cons

  • -Higher fees than some competitors
  • -Account holds can be aggressive
  • -Support can be slow

PayPal Verdict

PayPal makes sense when your customers expect it. The DX lags behind Stripe, but the consumer trust is real.

Stripe Verdict

Stripe is the default choice for a reason. Unmatched DX and features. Only consider alternatives if fees are critical or you have specific regional needs.

More options in Payment Processing

Looking for different tradeoffs? Explore alternatives to each tool.

Frequently Asked Questions: PayPal vs Stripe

Is PayPal or Stripe better?

It depends on your use case. PayPal is best for b2c products and audiences expecting paypal. Stripe is best for most saas products and marketplaces. PayPal makes sense when your customers expect it. The DX lags behind Stripe, but the consumer trust is real.

Is PayPal free?

No, PayPal does not have a free tier. Pricing starts at 2.99% + 49¢.

Is Stripe free?

No, Stripe does not have a free tier. Pricing starts at 2.9% + 30¢.

Can I migrate from PayPal to Stripe?

Yes, you can migrate from PayPal to Stripe, though the complexity depends on how deeply integrated your current solution is. Most developers recommend evaluating both tools in a test environment before committing to a migration.

Which is more popular, PayPal or Stripe?

Both PayPal and Stripe are popular choices in their category. The best choice depends on your specific requirements, team expertise, and budget rather than popularity alone.