Stripe vs Worldpay – Which is better for charging customers?

Digital Payment

Digital PaymentWorldpay and Stripe are both popular payment options on the internet. To offer convenience to your customers, you will have to choose an appropriate payment gateway.

One thing you should consider when selecting these options is the pricing. You should remember that the pricing will vary depending on the amount of money you receive on a monthly or annual basis, so you must consider these factors when calculating the cost of the payment methods. You should also consider the ease of integration and the quality of the customer support.

Let’s look closely at Stripe and Worldpay.

How Do Payment Gateways Work?

First, you’ll need to use online invoice generator to develop professional invoices for your customers. You can use free templates to make these invoices. After that, the customer will be able to send the funds using different payment options, but the payment will be processed via gateways like Stripe and Worldpay.

Payment gateways are among the most important innovations in the fintech sector, alongside blockchain technology and Payments-as-a-Service technology.

Overview of Stripe

Stripe is a global payment system that supports more than 130 currencies and features discounts for high-volume merchants. A major benefit of Stripe is that it allows business owners to use advanced reporting tools to generate customized reports. This information includes the revenue, fees, refunds, and receivables.

The standard payment period of Stripe is two business days, but merchants can take advantage of the Instant Payouts feature to get their money faster. This option makes it possible for merchants to get their money 30 minutes after the transaction is completed. You should note that Instant Payouts cost an extra 1% of the payout amount, and the minimum fee you can pay is $0.50. Stripe does not have a monthly fee for merchants.

Instead, you have to pay a 2.9% fee for every transaction made, in addition to a $0.30 charge. International transactions and currency conversions will cost you an extra 1%.

Overview of Worldpay

Worldpay has been running for more than 30 years and has grown to become a leading global payments technology business. This method accepts various payment options, including credit cards and e-wallets.

Payments made using Worldpay are routed through Swift, so merchants will enjoy the highest levels of security. Like Stripe, this payment gateway has a comprehensive reporting tool that allows merchants to keep track of their sales and accounts.

A major issue with Worldpay is that it does not provide upfront pricing. To determine your costs, you will have to contact the company and give them details about your business. You can reach their team via telephone or email. It is also possible to use their online quote generator.

The company will likely charge you a percentage of the transaction amount, in addition to a flat fee. Worldpay also charges for currency conversion, so you should take this into account when using this gateway.


Stripe and Worldpay are two of the biggest payment processors for businesses online. The key benefits of Stripe are its transparent pricing and excellent reporting tools. Worldpay is also quite good as it supports a wide range of payment methods. These include credit cards and various e-wallets.

However, Worldpay does not offer upfront pricing, and you have to contact the support team for details on the costs.