A merchant account is a type of business banking account. It allows a business to accept credit card payments electronically. Stripe is a modern solution that allows businesses to accept credit card payments without a specific kind of bank account. A merchant account relies on a payment gateway and a processor whereas Stripe acts as a merchant account, payment processor, and gateway rolled into one.
Are you running a website for your online business and looking for a suitable payment processor for it?
If yes, then by now you must have realized that PayPal and Stripe are the two most suitable options.
You must have started making Google searches like ‘Stripe fees vs PayPal’, ‘PayPal or Stripe’ and ‘Stripe versus PayPal’.
You can compare both the options on the basis of different factors and then choose the better one.
