5 best paddle alternatives for 2024
If you are considering Paddle alternatives, you need to remember the fact that Paddle is a retailer of record (MoR). The company manages transactions for merchants of digital goods, and provides an infrastructure to facilitate global online payment processing while also being responsible for tax collection and the remittance process, as well as fraud prevention as well as other aspects of the checkout process.
It's a capable solution, but by no means is Paddle a universal, one-size-fits-all solution. Based on the needs of your business, sellers may run into some limitations using the Paddle platform.
- Paddle does not accept as many alternative payment methods as some other MoR partners.
- The subscription management system doesn't permit multi-product transactions.
- Some MoRs have better conversion rates and approval rates.
- Paddle is less experienced as the other MoR partners.
In this article, we discuss five companies that act as a whole or part as alternative to Paddle which could assist you in avoiding some of these limits by starting with a glance at our suggestion, .
The paddlers on this list:
's Advantages Over Paddle
The primary benefit of partnering with a retailer of record will be the infrastructure. MoRs provide complete payment options that allow you to contract out the entire process of checkout, as well as liability for VAT and sales tax payment, fraud prevention and tax compliance.
So, once you've implemented, you're prepared to begin selling in more than 200 regions and supported by 22 languages plus 23currencies nearly immediately.
provides a stronger, fully-featured platform that can be used for a wider range of applications.
Paddle is also an MoR However, its function isn't as robust and neither is it as effective as . The e-commerce platform we offer is designed to cover all your bases which means you're able to concentrate on building a great product. We've included a greater and more extensive set of features than Paddle.
- It supports twenty payment methods that include alternatives to payment methods Paddle doesn't accept including checks, pix and wire transfers for transactions under US$100.
- also powers multi-product transactions also, which allows you to provide customers with bundles of products, upsells, and multi-product coupons.
offers industry-leading approval as well as conversion rates.
's platform processes transactions locally, and includes top-of-the-line intelligent payment routing, and offers quick and automatic failover to reduce uninvoluntary the churn. Plus, with our JavaScript library and three different checkout experience options, you're able to quickly and easily build the most efficient checkout process to suit your needs.
is a more seasoned and knowledgeable partner for your SaaS company.
We've been working in this area since 2005 and we've witnessed the rise of subscription businesses firsthand. Our team intimately understands the intricacies of billing for subscriptions and selling -- and are committed to assisting our customers expand.
Whether that means giving support to customers in helping to migrate from another processing system or an recurring billing service, enhancing your checkout process to boost revenue, or working with the company to establish new regions, we're your partner in the growth.
4 Paddle Options Additional to the Original
Stripe
- Checkout.
- Digital invoices.
- Payment collection and subscriptions.
- In-person payments.
- Analytics and revenue metrics.
- Risk management and fraud.
The primary difference to be noted is since Stripe does not function as a MoR the pricing appears quite a bit lower at first with. However, considering all the additional features necessary to operate like an MoR the price is likely to go up rapidly.
Additionally, it can be utilized to sell physical products, on the internet and in person using Stripe Terminal serving as a Point of Sale (PoS) solution as well.
2Checkout (now Verifone)
Verifone (formerly 2Checkout) provides a variety of different products and services:
- The basic 2Sell product acts as the payment gateway which allows sellers to accept online and mobile payments.
- 2Subscribe is a management system with options like the ability to recurrence billing as well as churn protection.
- 2Monetize is the most similar product with Paddle. With this package, Verifone serves as MoR and sellers gain features for optimization of conversion rates (CRO) as well as VAT and sales tax payment and remittance, as well as the prevention of fraud.
Braintree is a subsidiary of PayPal
Braintree by PayPal is a payment processor that allows users to accept online transactions through debit, credit card, Venmo (in the U.S.), online money-changers (Apple Pay, and Google Pay), and of coursethe infamous PayPal. Braintree additionally offers merchant accounts, and also:
- Recurring bill.
- Checkout flow has been optimized.
- Risk mitigation.
- Reporting and pricing analytics.
- Third-party integrations to ongoing billing software, accounting, and more.
Maxio (Formerly Chargify and SaaSOptics)
Maxio is neither an MoR or a payment gateway. The company instead declares itself to be the billing and financial operation for B2B SaaS, and the offerings are concentrated on operations in the back end.
The core Maxio product enables users to automate recurring billing. Additional features include:
- A/R management.
- Advanced revenue management.
- Expense amortization.
- Third-party integrations for the processing of payments as well as accounting, CRM and many more.
An important note: With Maxio, you'll still need to implement an additional, distinct system to handle taxes and comply.
Related Reading
