5 Best Paddle Alternatives in 2024
In evaluating Paddle alternatives, it's important to note it is Paddle is a retailer of record (MoR). Paddle 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, the remittance process, as well as fraud prevention as well as other aspects of the process of checkout.
This is an effective solution but by no means is Paddle a universal and one-size-fits-all alternative. Depending on your needs, sellers may run into several issues using the Paddle platform.
- Paddle doesn't accept as many alternative payment options as the others MoR partners.
- The subscription management system does not permit multi-product transactions.
- Some MoRs have better conversion rates and approval rates.
- Paddle is less experienced as the other MoR partners.
In this post, we discuss five companies that act as a whole or parts as alternatives to Paddle which could aid you in getting around certain limitations, starting with a look at our solution, .
The paddlers on this listing:
Its Benefits over Paddle
The most significant benefit to working with a merchant of record is the infrastructure. MoRs offer complete payment solutions that allow you to contract out the entire process of checkout and also the responsibility for VAT and sales tax remittance, fraud prevention, as well as tax compliance.
That means that once you've adopted, you're eligible to start selling -- in more than 200 regions and supported by more than 21 languages, and 23currencies in a matter of minutes.
offers a more robust, fully-featured platform that can accommodate more applications.
Paddle can also be an MoR, but its functionality isn't as powerful, nor is the platform equally effective . Our ecommerce solution is built to provide all the necessary features, so you can focus on creating an outstanding product. This is why we offer a more comprehensive, more robust set of features that Paddle.
- It supports more than 20 payment options, including additional alternative methods Paddle doesn't accept including checks, pix, and wire transfers in transactions less than US$100.
- Additionally, the system supports multi-product transaction can also handle multi-product transactions, making it possible to provide customers with bundles of products also support upsells, multi-product coupons.
provides industry-leading approval and conversion rates.
The platform handles transactions locally. It also includes the best in class intelligent payment routing, and provides quick and automated failover processing to minimize the risk of involuntary churn. Additionally, thanks to our JavaScript library and three different checkout experiences, you can rapidly and quickly create the most efficient checkout process for your company.
is a more experienced expert partner for your SaaS company.
We've worked in this space since 2005, and have witnessed the expansion of subscription businesses firsthand. Our team is well-versed in the intricacies of billing for subscriptions as well as selling. And are committed to assisting our customers expand.
If that's offering support for customers to help to migrate from another processing system or recurring billing solution, optimizing the checkout process in order to increase sales, or working with your team to grow into new areas, 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.
- Fraud and risk management.
The most crucial difference to be noted is because Stripe isn't a MoR, its pricing looks much lower than it actually is to begin with. However, considering all the additional features needed to make it function as an MoR and to make it a MoR, the cost will go up rapidly.
Additionally, it can be utilized to market physical items on the internet and in person using Stripe Terminal serving as a point of Sale (PoS) solution also.
2Checkout (now Verifone)
Verifone (formerly 2Checkout) provides a variety of different products and services:
- The core 2Sell product is the payment gateway which allows sellers to accept both online and mobile payments.
- 2Subscribe is a subscription management system with features such as regular billing, churn-prevention and more.
- 2Monetize is the closest product that is similar to Paddle. Its package Verifone acts as the MoR, and sellers benefit from features that allow optimization of conversion rates (CRO), VAT and sales tax collection and remittance, and the prevention of fraud.
Braintree is a subsidiary of PayPal
Braintree from PayPal is a processor for payments that allows users to accept online transactions via credit, debit, Venmo (in the U.S.) and digital wallets (Apple Pay as well as Google Pay), and -- of course -PayPal. PayPal. Braintree also offers merchant accounts in addition to:
- Recurring bill.
- Improved checkout process.
- Risk mitigation.
- Pricing and reporting analytics.
- Third-party integrations to the recurring bill software, accounting, and much more.
Maxio (Formerly Chargify and SaaSOptics)
Maxio is not an MoR nor a payment gateway. Instead, the company bills itself as the billing and financial operation for B2B SaaS The offerings are more focused on back-end operations.
The core Maxio product lets users automate recurring bill payment. Other features include:
- A/R management.
- Advanced Revenue Management.
- Expense amortization.
- Integrations from third-party companies for payments processing, CRM, accounting, and more.
Important note: With Maxio, it is still necessary to install an additional, distinct solution to manage taxes and compliance.