What is Wirecard and what are its top alternatives?
Wirecard is a financial technology company based in Germany that offers payment processing solutions for businesses. It provides services such as online payment processing, card issuing, and fraud prevention. However, Wirecard has faced controversies surrounding financial irregularities and accounting scandals, leading to its insolvency in 2020.
- Adyen: Adyen is a global payment company that offers a single platform to accept payments online, in-app, and in-store. Key features include payment gateway services, risk management, and omnichannel solutions. Pros: Seamless integration, global reach. Cons: Higher transaction fees compared to Wirecard.
- Stripe: Stripe is a technology company that builds economic infrastructure for the internet. It offers payment processing, billing, and other financial services for online businesses. Key features include customizable APIs, fraud prevention tools, and subscription billing. Pros: Easy to use, extensive documentation. Cons: Limited global availability compared to Wirecard.
- PayPal: PayPal is a popular digital payment platform that enables individuals and businesses to send and receive payments securely. Key features include online invoicing, payment gateway services, and buyer protection. Pros: Widely accepted, user-friendly interface. Cons: Higher fees for international transactions.
- Square: Square is a financial services and mobile payment company that provides software and hardware solutions for businesses of all sizes. Key features include point-of-sale systems, payment processing, and inventory management. Pros: Integrated ecosystem, transparent pricing. Cons: Limited international support.
- Braintree: Braintree, a division of PayPal, is a payment platform that specializes in mobile and online payments. Key features include developer-friendly APIs, vault for storing payment information, and data encryption. Pros: Easy integration, robust security features. Cons: Fees may be higher for smaller businesses.
- Authorize.Net: Authorize.Net is a payment gateway provider that enables businesses to accept credit card transactions online. Key features include fraud prevention tools, recurring billing options, and customer support. Pros: Established reputation, customizable solutions. Cons: Transaction fees can add up for high-volume merchants.
- Worldpay: Worldpay is a payment processing company that offers a range of services such as online payments, point-of-sale solutions, and fraud protection. Key features include omni-channel support, real-time reporting, and global reach. Pros: Diverse payment options, tailored solutions. Cons: Complex fee structure.
- Shopify Payments: Shopify Payments is a payment gateway built specifically for Shopify merchants to accept online payments. Key features include seamless integration with Shopify stores, fraud analysis, and multi-currency support. Pros: Simplified setup, unified platform. Cons: Limited to Shopify users only.
- Payoneer: Payoneer is a financial services company that specializes in cross-border payments and currency conversion. Key features include global payment solutions, prepaid Mastercard cards, and multi-currency accounts. Pros: Fast transfers, competitive exchange rates. Cons: Limited in terms of payment options.
- Skrill: Skrill is a digital wallet provider that allows users to make online payments and transfer money securely. Key features include instant transfers, prepaid Mastercard cards, and cryptocurrency support. Pros: Broad range of services, user-friendly interface. Cons: Fees may be higher for certain transactions.
Top Alternatives to Wirecard
- 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. ...
- Adyen
A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies. ...
- Stripe
Stripe makes it easy for developers to accept credit cards on the web.
- Braintree
Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today. ...
- Blockchain
It is a bitcoin block explorer service, as well as a cryptocurrency wallet supporting bitcoin, Bitcoin Cash, and Ethereum. ...
- Stripe Billing
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. ...
- Chargebee
Chargebee is a subscription billing platform that lets you bill, manage and understand your SaaS or subscription based eCommerce business easily. ...
- Coinbase
Coinbase provides a simple and powerful REST API to integrate bitcoin payments into your business or application. We allow all major operations in bitcoin through one API. ...