Ripple vs Stripe

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Ripple

25
28
+ 1
0
Stripe

13.3K
7.9K
+ 1
1.5K
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Stripe vs Ripple: What are the differences?

Developers describe Stripe as "Payments for developers". Stripe makes it easy for developers to accept credit cards on the web. On the other hand, Ripple is detailed as "A real-time gross settlement system, currency exchange and remittance network". It is an open source protocol which is designed to allow fast and cheap transactions.

Stripe and Ripple belong to "Payment Services" category of the tech stack.

Some of the features offered by Stripe are:

  • Full-stack payments- You don’t need a merchant account or gateway. Stripe handles everything, including storing cards, subscriptions, and direct payouts to your bank account. Stripe.js lets you build your own payment forms while still avoiding PCI requirements.
  • An API that gets out of your way- It’s so easy, we’ve embedded a bunch of examples right here. Copy some of these requests into your terminal and check out what happens. With wrappers in Ruby, PHP, Python and more, you can get started in minutes.
  • Pricing like it should be- 2.9% + 30 cents per successful charge. No setup fees, no monthly fees, no card storage fees, no hidden costs: you only get charged when you earn money.

On the other hand, Ripple provides the following key features:

  • Access
  • Speed
  • Certainty
Decisions about Ripple and Stripe
Lucas Litton
Founder & CEO at Macombey · | 4 upvotes · 123.4K views

We use GoCardless to simplify the way clients and partners pay for our services. What intrigued us is the quick and easy ACH feature that gives our clients the option to log in with their bank account and shoot the funds directly to our account. The fee, compared to Stripe is less. Stripe and PayPal charge 2.9% + 30c and Stripe also forces the client to enter in all of their payment details manually and then if the payment doesn't work, the client has to try all over again. GoCardless charges 1% + 25c which is much more reasonable dealing with the large projects that we are currently working on.

We integrate GoCardless with Xero to easily send out quick invoices, receive the funds and track all revenue in one place.

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With COVID-19 looming over us, businesses are, more than ever, looking for ways to set up online payments.

And having recently gone through implementing both Stripe and GoCardless to get monthly subscriptions set up and automated on my company website, I felt there was no better time to write this blog post!

If you're currently looking at working with a Payment Gateway provider API, or you're currently working with one but are not a fan, are looking to automate things a bit more, or are just generally thinking about changing, then you should have a read of my latest blog post where I compare Stripe and GoCardless.

I compare APIs in depth, specifically the subscription checkout flow that both offer (they're very similar, with some BIG differences).

There are plenty of code examples on how to set it up in a Node.js environment and right at the end, I rate each API based on the following factors:

  • API ease of use
  • API documentation
  • Payment pages
  • Costs / fees
  • Security
  • Developer appeal
  • Customer experience
  • Free Trial

So feel free to check it out, and I hope you like it. Please leave any feedback as it is very helpful. Thanks!

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Stripe was made with developers in mind first so the extensibility of it is great! This makes it very easy for us to integrate and automate as much as we need with its APIs and SDK. It allows a lot of customization of exactly what we need to build our applications. They also manage all of our customers from a tax and accounting perspective which makes it easy from a business standpoint.

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Pros of Ripple
Pros of Stripe
    Be the first to leave a pro
    • 301
      Easy setup
    • 291
      Developer friendly
    • 248
      Well-designed api
    • 191
      Great documentation
    • 171
      Clear pricing
    • 75
      Secure
    • 74
      Reliable
    • 63
      Full integration with webhooks
    • 43
      Amazing api
    • 38
      Great customer support
    • 11
      Easy
    • 6
      Credit cards never hit your server - no pci worries
    • 4
      No merchant account/gateway required
    • 3
      Easy to integrate
    • 3
      Recurring billing
    • 2
      Great app
    • 2
      BitCoin
    • 2
      Support for SCA (Strong Customer Authentication)
    • 2
      Fast UI
    • 1
      Payments without own backend (using Stripe Products)
    • 1
      Checkout.js
    • 1
      Great UI
    • 1
      So easy to use
    • 1
      Beautiful

    Sign up to add or upvote prosMake informed product decisions

    Cons of Ripple
    Cons of Stripe
      Be the first to leave a con
      • 3
        Connect
      • 2
        CANNOT withdraw USD to a Canadian Bank Account
      • 2
        Does NOT have a currency conversion option like Paypal
      • 2
        They keep 25% of the income for 60 days

      Sign up to add or upvote consMake informed product decisions

      What is Ripple?

      It is an open source protocol which is designed to allow fast and cheap transactions.

      What is Stripe?

      Stripe makes it easy for developers to accept credit cards on the web.

      Need advice about which tool to choose?Ask the StackShare community!

      Jobs that mention Ripple and Stripe as a desired skillset
      What companies use Ripple?
      What companies use Stripe?
      See which teams inside your own company are using Ripple or Stripe.
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      Sign up to get full access to all the companiesMake informed product decisions

      What tools integrate with Ripple?
      What tools integrate with Stripe?

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      What are some alternatives to Ripple and Stripe?
      Stellar
      Stellar allows you to quickly restore database when you are e.g. writing database migrations, switching branches or messing with SQL. PostgreSQL and MySQL are supported.
      Ethereum
      A decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.
      Swift
      Writing code is interactive and fun, the syntax is concise yet expressive, and apps run lightning-fast. Swift is ready for your next iOS and OS X project — or for addition into your current app — because Swift code works side-by-side with Objective-C.
      Litecoin
      It is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It is an open source, global payment network that is fully decentralized without any central authorities.
      PayPal
      PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.
      See all alternatives