5 Top Paddle Options for 2024
When considering Paddle alternatives, it is important to remember the fact that Paddle is a retailer of record (MoR). It is responsible for transactions on behalf of sellers of digital products, providing the platform for worldwide payment transactions online while also taking on responsibility for tax collection and remittance, fraud prevention, and other aspects of the process of checkout.
It's a capable solution, however it's by no means Paddle a universal and one-size-fits-all option. Based on your requirements the sellers could face some limitations using Paddle. Paddle platform:
- Paddle does not accept the same variety of payment options as the other MoR partners.
- The subscription management system doesn't support multi-product transactions.
- Some MoRs have more conversion rates and higher acceptance rates.
- Paddle has less experience in comparison to the other MoR partners.
In this article, we discuss five service providers that function in whole or in parts as alternatives to Paddle that may assist you in avoiding some of these limits, starting with a look at our recommendation, .
The paddlers on this list include:
's Advantages Over Paddle
The most significant benefit to working with a merchant of record is the infrastructure. MoRs provide complete payment options which allow you to outsource the entire checkout process in addition to the liability to VAT and sales tax refunds, prevention of fraud, and tax compliance.
That means that once you implement , you're ready to begin selling over 200 locations, with support for 22 languages plus 23currencies in a matter of minutes.
offers a more robust, fully-featured platform that can accommodate more applications.
Paddle is also an MoR however its performance isn't as robust, nor is the platform more efficient than . Our ecommerce solution is built to provide all the necessary features which means you're able to concentrate on building a great product. This is why we offer a more comprehensive and more extensive list of options that Paddle.
- It supports 20+ payment methods that include alternatives to payment methods Paddle doesn't accept including checks, pix and wire transfers for transactions that are less than $100.
- Also, it supports multi-product transactions, allowing you to offer customers product bundles also support upsells, multi-product coupons.
delivers industry-leading approval and rate of conversion.
The platform handles transactions locally, and includes top-of-the-line automated payment routing and has quick, automatic failure-over process to limit involuntary the churn. Plus, with our JavaScript library and three unique checkout experiences, you can rapidly and quickly create the most efficient checkout process for your business.
is an experienced and knowledgeable service provider for your SaaS company.
We've worked in this sector since 2005, and we've witnessed the rise of the subscription industry directly. Our team has a deep understanding of the complexities of subscription billing and selling -- and we're deeply committed to helping our clients grow.
Whether that means providing customer support to help to migrate from another payment processor, or even a recurring billing solution, optimizing your checkout procedure to improve revenues, or helping your team to grow into new regions and markets, we're here to help you in the growth.
Four Additional Paddles to Choose From
Stripe
- Checkout.
- Digital invoices.
- Recurring payment and subscription.
- In-person payments.
- Analytics and revenue metrics.
- Management of risk and fraud.
The primary difference to be noted is because Stripe does not function as a MoR, its pricing looks quite a bit lower at first with -- but considering all the additional features required to function just like an MoR the price is likely to rise rapidly.
It can also be used to sell physical products, on the internet and in person and in person, with Stripe Terminal serving as a point of Sale (PoS) solution, too.
2Checkout (now Verifone)
Verifone (formerly 2Checkout) offers a number of different products and services:
- The core 2Sell product is the payment gateway which allows sellers to accept online and mobile payments.
- 2Subscribe is a management system with options like regular billing, churn-prevention and more.
- 2Monetize is the closest product that is similar to Paddle. Its package Verifone acts as the MoR. Sellers get features to help with conversion rate optimization (CRO) and sales tax and VAT collecting and remittance as well as protection against fraud.
Braintree is a subsidiary of PayPal
Braintree by PayPal is a payment processor that allows users to accept payments online by debit or credit cards, Venmo (in the U.S.) and online payment wallets (Apple Pay as well as Google Pay), and -- of course -the infamous PayPal. Braintree also offers merchant accounts, in addition to:
- Recurring billing.
- Checkout flow has been optimized.
- Risk mitigation.
- Analytics of pricing and reporting.
- Third-party integrations for the recurring billing software, accounting, and much more.
Maxio (Formerly Chargify and SaaSOptics)
Maxio is not an MoR, nor is it a payment gateway. The company instead claims to be a billing and financial operations for B2B SaaS as well as the feature set is concentrated on operations in the back end.
The primary Maxio product enables users to automate recurring billing. Additional features include:
- A/R management.
- Advanced revenue management.
- Expense amortization.
- Third-party integrations to help with the processing of payments, CRM, accounting and many more.
Important note: With Maxio, you'll need to use an additional, distinct system to handle taxes and comply.
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