Stripe is a global leader in online payments, and if a big part of your business is web ordering, bookings or a custom online flow, it is exceptionally capable. For pure in person counter service it is less of a natural fit than the dedicated EFTPOS players. Here is our honest read.
Stripe started as online payments infrastructure and that is still where it is strongest. If your venue takes a meaningful share of orders online, runs its own ordering site, sells gift cards or memberships, or needs a custom checkout, Stripe gives you powerful, reliable tools and the flexibility developers love. The online experience is genuinely excellent.
In person, Stripe does offer terminals, but this is not its core strength the way it is for a dedicated EFTPOS provider, and the per transaction pricing can work out higher for straightforward counter taps. The honest framing is that Stripe is the right call when online is central to how you take money, and an over engineered choice when you just need to tap cards at the till.
If web ordering, bookings or subscriptions matter, Stripe's online tools are as good as it gets.
Powerful options for custom checkouts and flows, which is why developers reach for it.
Subscriptions, memberships, gift cards and international cards are all well supported.
Terminals exist, though counter payments are not where Stripe is at its most competitive.
Stripe is the right choice when online is central to how your venue takes money, a strong web ordering business, memberships, or a custom booking flow. There its tools are hard to beat. If your payments are overwhelmingly in person taps, a dedicated EFTPOS provider will usually be simpler and cheaper, and that is the honest steer.
We rate suppliers independently. We do not earn a referral fee from Stripe. Here is the balanced picture, the good and the points to weigh up.
Stripe uses transparent per transaction pricing, around 1.7% plus a fixed fee for domestic cards online, with different rates for in person and international. The figures below describe the shape, always confirm current rates for your mix.
These are indicative of Stripe's published rates, not a formal quote. Your real cost depends heavily on your online versus in person mix. Getting you an honest comparison for your situation is exactly what we do, free.
Stripe is one option. Here is how it sits alongside the other payment providers we review, so you can weigh them side by side.
The right payments choice depends on your online versus in person mix. We will look at your split and tell you honestly whether Stripe or a dedicated EFTPOS provider suits you better. Free, no obligation, and we will be in touch within 48 hours.
