In the first quarter of 2017, the AppStore and Playstore saw record revenues yet again with a whopping total of $15 billion worldwide, representing a year over year growth of 45%.
Add in other online sales and the amount of money being spent is astronomical.
But how do we process all these sales? And what means of processing is best for your company?
We’ve pondered the question at Process Street and decided to write up our findings. In this article, we’ll compare Stripe, Paypal, Square, and Braintree to see what each do and how they do it. We’ll analyze those findings and suggest which might be better for different kinds of businesses.
The key areas we’ll compare are:
- Features – what do they offer and what can’t they do?
- Pricing – where can we find those small gains which make a difference at scale?
- Ease of use – can a regular person integrate it into their business, or is a developer needed?
But first, let’s look at some of the different use cases for these payment platforms to contextualize our investigation.