Top 5 SaaS payment providers for your business

A Salable Graphic representing a SAAS handing cashing out from the available money that is all around for those who are ready to monetise their services

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. 

1. Stripe

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.

2. Paddle

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

3. Tidal

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

4. Chargebee

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

5. Braintree

Owned by PayPal since 2013, Braintree has gained popularity for its modern and innovative payment solutions.

Sounds great:

  • 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. 

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Tweet from Neal Riley saying "Commercial freedom and flexibility is a must for any digitally enabled business. @SalableApp gives you the tools to build your SaaS business."

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