As you know, we're in an ever-evolving digital landscape where you need to rely on payment providers to process online payments from your subscribers quickly and securely. With numerous options to choose from, selecting the right provider can be, well, frankly, tricky; at first glance, they may not look that different from each other…But that's where we (Salable) come in. As a SaaS management platform, we're here to help you sell your app, which makes you a SaaS business owner (or SaaS business owner of the future).
We’ve compiled a list of the top 5 SaaS payment providers…including some pros and cons (you can thank us later).
But if you're still not sure, worry not, let's take a step back - perhaps you're an app creator who's not quite thought of monetisation yet. Click here to read about the thought process behind this, and why monetisation during the app-building phase actually makes sense.
As a leader in the payment industry, Stripe is renowned for its developer-friendly platform and extensive global reach.
What they do well:
Easy to get started
Offers a wide range of features and integrations
A well-documented API for developers
Robust platform to manage payments and subscriptions
Customisation of payment forms
Transparent pricing with no hidden fees
Where they could try harder:
Support can be difficult to reach
Some features can be complex to implement
Chargeback fees can be high in certain countries
You can integrate Stripe easily within Salable, here's how. And you can read our blog here which explains how you can get maximum flexibility using Salable + Stripe.
An all-in-one SaaS commerce platform that simplifies subscription management, analytics, and licensing capabilities while providing a seamless checkout experience for businesses of all sizes.
What they’re great at:
Fast and easy setup, especially for smaller businesses
Flexible checkout customisation
User-friendly interface that makes it easier for non-technical users
Good customer support
Supports localised payment methods
Not so great:
Higher transaction fees compared to other payment providers
Limited options for customisation
Limited integrations with other platforms
It can be difficult to manage for larger enterprises
A comprehensive payment platform that offers advanced transaction handling, billing, and invoicing solutions, providing businesses with superior security and efficient financial reporting and analytics.
What you may like:
Offers flexible pricing and product options
Customisable checkout process
Analytics and reporting capabilities
Supports multiple payment methods
User-friendly interface for easy setup and use
Offers personalised support
Not so much:
Limited integrated features compared to other payment providers
Transaction fees may be higher than competitors
Limited payment option for certain countries
Support may not be as comprehensive as other payment providers
A flexible subscription management and recurring billing solution that offers integration with other business tools.
Concise but good:
Numerous options to experiment with pricing and billing
Out-of-the-box setup or customise with their API
Lots of flexibility
Not so good:
Not the most attractive UI (User Interface)
All the settings and customisation options can be confusing
Owned by PayPal since 2013, Braintree has gained popularity for its modern and innovative payment solutions.
Seamless integration experience, particularly for developers
Multiple payment methods are supported
Strong fraud protection mechanisms
Competitive pricing with transparent rates
A way to go:
Limited support for certain countries and currencies, primarily focused on major markets
Not as widely recognised as some other providers
One of these providers will probably be the right one for you. But with Salable you can use a combination of Stripe and Paddle, and you can manage your entire SaaS business as well- yep, we're an all-in-one SaaS platform!
So if you're interested in knowing more, about how Salable can support you, feel free to reach out to us, we’d be happy to hear from you.