Braintree vs Stripe vs Klarna – Pick the best payment gateway for your online business!

By: Skynet Technologies USA LLC

Apr 25, 22

Jul 20, 22

Selecting the right online payment method can be tricky as there are multiple options available in the market. Each option has its own advantages and drawbacks. The global online payment service providers are Braintree, Stripe and Klarna. In this article, we have taken a closer comparison of these payment gateways as they are available in most parts of the world. Each solution is analysed according to its geographic availability, costs and payment methods, technological constraints, pros, and cons, and more.

Features	Braintree	Stripe	Klarna
General Fees:	2.9% + USD 0.30 for all credit cards and payment methods. +1% For non-US currencies, +1% for credit cards from outside the US 0.75% for ACH payments capped at USD 5	2.9% + USD 0.30 for all credit cards and payment methods. +1% For non-US currencies, +1% for credit cards from outside the US. 0.80% for ACH payments capped at USD 5.	Klarna’s fees come in at 2.49% + 20p per transaction if the payment is being made on a UK (United Kingdom) card. This rate will differ for payments in international currencies.
Countries:	Andorra, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hong Kong SAR, China, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, San Marino, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, USA, United Kingdom	Australia, Austria, Belgium, Brazil (Preview), Bulgaria, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar (By invitation only), Greece, Hong Kong, Hungary, India (Preview), Ireland, Italy, Japan, Latvia, Liechtenstein (By invitation only), Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Philippines (By invitation only), Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Arab Emirates (By invitation only), United Kingdom, United States	Klarna Checkout is available in Sweden, Norway, Finland, Denmark, Germany, Austria, the Netherlands, Belgium, Switzerland, Great Britain, and the USA. Klarna’s payment methods as individual products are available in Sweden, Norway, Finland, Denmark, Germany, Austria, the Netherlands, Belgium, Switzerland, France, Italy, Poland, Spain, Portugal, Great Britain, Hungary, Czech Republic, Slovakia, the USA, and Australia. Klarna In-store is available in Sweden, Norway, Finland, Denmark, Germany, Austria, the Netherlands, Belgium, Switzerland, France, Italy, Poland, Spain, Great Britain, the USA, Canada, and Australia.
Chargeback Fees:	USD 15 chargeback Braintree also offers fraud protection, with a 60% average reduction in fraud losses.	USD 15 chargeback Stripe offers a next-level anti-fraud solution called Stripe Radar. It helped us reduce fraudulent payments and chargebacks by 98%!	AT, DE, ES, IT, FR, BE, NL, IE, & FI 7,50 EUR SE 75 SEK NO 75 NOK DK 75 DKK UK 6 GBP PL 30 PLN US 8 USD CA 11 CAD AU 12 AUD NZ 12 NZD!
Refund:	There are no fees to make refunds, but the original transaction fees are not returned (unless your account predates August 2018)	There are no fees to make refunds, but they don’t return the original transaction fees.	There are no fees to make refunds, but they don’t return the original transaction fees.
Supported Currencies:	Almost all	Almost all	AUD, CAD, CHF, PLN, DKK, EUR, GBP, NOK, SEK, and USD
Recurring payment:	With Braintree, you can set up recurring billing without having to sign up for a separate service. When creating a plan, you can select the number of payment cycles without any custom development. That means you can make payment plans easily without the need for APIs, webhooks, or custom development.	Stripe has a separate billing solution that you can use at an extra charge of 0.5% of recurring payments after the first USD 1 million. It will automatically send monthly, quarterly, or yearly invoices to clients or customers that signed up. Automatic invoice reconciliation starts at a flat charge of USD 7 per invoice. You can also use Stripe Billing to send one-off invoices. To create an instalment plan, you need to install a webhook and custom-develop code working with the Stripe API.	Klarna checkout Recurring reduces the effort for customers who want to start a subscription of any kind online. The functionality will enable you as a merchant to sell subscriptions and other recurring purchases through Klarna Checkout
Credit Cards:	American Express China UnionPay (CUP) Diners Discover Japan Credit Bureau (JCB) Maestro Mastercard Visa	American Express Cartes Bancaires China UnionPay (CUP) Discover & Diners Interac Japan Credit Bureau (JCB) Mastercard Visa	American Express Discover & Diners Japan Credit Bureau (JCB) Mastercard Mastero Visa
Digital Wallets:	Apple Pay Click to Pay Google Pay PayPal Samsung Pay Venmo	Alipay Apple Pay Click to Pay Google Pay GrabPay Microsoft Pay	-
Pay later:	-	-	Pay Now Pay later Pay in 3 instalments Pay in 30 days Pay in 4 instalments (only in US)
Support:	Email: 5 a.m. to 12 a.m. CST, Monday–Thursday; 5 a.m. to 8 p.m. CST on Fridays Phone: 8 a.m. to 7 a.m. CST, Monday–Thursday; 8 a.m. to 5 p.m. CST on Fridays They also offer emergency support 24/7/365 and claim to always have support reps and engineers ready	Email: Receive a response within 24 hours. Chat: Available in English only. The average wait time is 3 minutes. Request a phone call: Available in English only. The average wait time is 3 minutes.	Email: Receive a response within 24 hours. Chat: Available in English only. The average wait time is 3 minutes. Request a phone call: Available in English only. The average wait time is 3 minutes.
Code base:	Simple structure. Primary account over sub-accounts. In-depth documentation for APIs	Larger user base Better API documentation More extensive library of SDKs, so better customizability options without custom development.	Better API documentation More extensive library of SDKs, so better customizability options without custom development. Can also integrate with Stripe
Plugin/third party integration:	WordPress/WooCommerce 3dCart Big commerce	Drupal Joomla Adobe Commerce WordPress	Shopify WooCommerce Adobe Commerce Salesforce Commerce Cloud EPiServer PrestaShop Wix

If you need specialists in the field of ecommerce development or an ecommerce mobile app development or the implementation of payment gateways, please feel free to get in touch with us at hello@skynettechnologies.com or submit the following request free quote form.