What is Stripe? #
Stripe is a technology company that allows businesses and individuals to make and receive payments over the Internet. Stripe provides a way for developers to easily accept payments online, and has been adopted by many major companies, including Facebook, Twitter, and Shopify.
While there are many payment processors out there, Stripe is unique in its focus on simplicity and ease of use. For businesses, Stripe offers an easy-to-use interface for accepting payments, as well as powerful tools for managing transactions and tracking customers. And for developers, Stripe provides extensive documentation and code examples to help them get started quickly.
What is Braintree? #
Braintree is a payment processing company that helps businesses accept credit cards and other forms of electronic payments. The company was founded in 2007 and is headquartered in Chicago, Illinois. Braintree provides a merchant account, payment gateway, and credit card processing services to businesses of all sizes. The company has over 2,000 employees and processes billions of dollars in payments each year.
Braintree offers several features that make it an attractive option for businesses looking for a payment processing solution. The company has no setup fees or monthly fees, and it offers a free trial period. Additionally, Braintree provides fraud protection tools and 24/7 customer support.
Stripe and Braintree alternatives in Singapore #
As a Southeast Asian country with a burgeoning startup culture, Singapore has several companies that offer online payment solutions similar to those provided by US-based Stripe and Braintree. Here are some notable examples:
Paypal: One of the most popular online payment methods globally, Paypal is accepted by many online businesses and e-commerce platforms. It is also increasingly being used as a way to send money transfers between individuals.
Fomo: Fomo is a Singaporean company that provides an all-in-one solution for businesses to accept payments via various methods including credit cards, debit cards, and bank transfers.
2C2P: Headquartered in Singapore, 2C2P is a leading provider of electronic payment solutions in Southeast Asia. It offers a range of services including online payments, mobile payments, and point-of-sale (POS) transactions. The company’s online payment platform, 2C2P Pay, currently processes more than one million transactions per month.