Stripe Billing vs TrapFi: What are the differences?
What is Stripe Billing? A set of tools for billing and subscriptions. A set of billing and subscription tools for developers and business people. Developers can use out-of-the-box functionality to get started quickly or use the composable API building blocks to design fully customized subscription logic and pricing models. Business people can create and manage subscriptions and invoices—and view detailed financial reports.
What is TrapFi? Instant payouts for freelance developers. Complete freelance work and get paid instantly.
Stripe Billing and TrapFi can be primarily classified as "Payment Services" tools.
Some of the features offered by Stripe Billing are:
- Accept Orders - From the dashboard, Stripe.js and Elements, Billing API & Mobile SDKs
- Billing & Invoicing - One-off billing, recurring billing, flexible billing, invoice delivery, hosted invoice pages, and sales tax integrations
- Collect Payments - Credit cards, ACH and wire, local payments, retry logic, card updater, payment reminders
On the other hand, TrapFi provides the following key features:
- Instant Payouts
- Automated Invoicing
- Automated Tax Documentation