Stripe or Paypal ?

johnfrieda

johnfrieda

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Hi folks!

Just want to ask your opinion ( maybe experience? ) What is better for dropshipping business to get payments - stripe or paypal ?

Please coment if you have some negative issues with any of them also.

Thanks!
 
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A possibility of chargebacks using stripe, so better go with a business PayPal!
 
Give options - use Both.
johnfrieda said:
Hi folks!

Just want to ask your opinion ( maybe experience? ) What is better for dropshipping business to get payments - stripe or paypal ?

Please coment if you have some negative issues with any of them also.

Thanks!
Click to expand...
 
Both but personally I favour PayPal ALOT more. Stripe have a tendancy to block payments coming in for the very slightest of reasons from my experience
 
You definitely want to have both stripe and paypal options if possible.
 
I've been using both for over a year now. You will get your account shutdown eventually if you use stripe and drop ship. Purely because your charge back rate will be over their 1% limit. Also check their T+C's for drop shipping, they might not even allow it anymore.

PayPay doesn't have a set dispute threshold so I would go with them. I've found people prefer PayPal anyways.

Edit: their radar fraud detection is pretty good now so you might be able to stay under 1% but that won't stop a customer doing a charge back when their item takes two weeks to arrive so I'd imagine you will go over the 1%. I'm also yet to win a single dispute on stripe as well.
 
Paypal is best and can bring more sales. For Credit Card only, Stripe is better but Paypal will get more sales for you. You can Pay both same times so you don't miss any user.
 
I'd highly recommend only using Stripe to accept payments from TRUSTED clients. Their account closure team is very strict now and will axe you for high chargeback rates. If you offer Stripe as a default payment on you websites, you will get a lot of chargebacks. Best stick with Paypal for your day to day payments.
 
I use both. Stripe is a great option for CC's and PayPal is great for both PayPal and Credit Cards. Having both let's the customer decide, as there are still some people who do not have PayPal or refuse to use it.
 
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