Finix vs Rainforest
Finix
finix.comRainforest
rainforestpay.comSide by side
| Figure | Finix | Rainforest |
|---|---|---|
| Price from | $250/mo | $0.20/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 16 |
| Spec score · Embedded Payments Platforms | 7.8 (#8) | 8.3 (#5) |
| Spec score · Payment Facilitation Platforms | 7.8 (#9) | 8.3 (#6) |
| Payment methods | Finix lists cards, bank accounts, digital wallets, and ACH among the payment methods available for online payments. | The platform supports cards, PayPal, Venmo, PayPal Pay Later, ACH, Apple Pay and terminals. |
| Product | Finix provides a payments platform with an API and dashboard for businesses to accept and embed payments and manage payment operations. | Rainforest is a payments-as-a-service solution that lets software platforms embed payments so their merchants can accept payments from users. |
| Security | Finix's Trust Center lists PCI DSS, SOC 1, and SOC 2 reports and provides access to security and compliance information. | Rainforest says it is PCI DSS Level 1 certified and hosts its platform on AWS. |
Plans
Finix
- Direct Merchants — Standard$250 a month
- Custom pricingPriced on request
- Platforms — StandardPriced on request
Rainforest
- ACH transaction$0.20, paid once
- ACH transaction$0.20 a month
- Card transaction 150k–250k$0.20 a month
- Card transaction fees$0.20 a month
- Card transaction fees$0.20, paid once
- Card volume tier 15–25m$0.20 a month
- Standard payout$0.20, paid once
- Standard payout$0.20 a month
- Account updater$0.23 a month
- Account updater$0.23, paid once
In their own words
Finix
Finix is a payments platform for businesses that accept payments or build payment operations into their own products. Its API and dashboard support online and in-person payments, with online methods including cards, bank accounts, digital wallets, and ACH. Payment Links, a Virtual Terminal, and invoices let businesses take or request payments from the dashboard without a custom integration. Recurring billing tools cover subscriptions, installment payments, membership fees, and recurring donations. Finix lists ecommerce integrations for Shopify, WooCommerce, BigCommerce, Drupal Commerce, Adobe Commerce, PrestaShop, and OpenCart. Its tokenization system is described as PCI-compliant, and its Trust Center provides security and compliance information, including PCI DSS, SOC 1, and SOC 2 reports. The direct merchant Standard plan is $250 a month; transaction and other fees also apply. Listed fees include $30.00 per dispute and a $35.00 monthly PCI non-compliance fee until remediated. A starting price is listed as $2.50/mo.
Rainforest
Rainforest is a payments-as-a-service solution for software platforms that want to embed payment acceptance for their merchants. It focuses on platform relationships rather than working directly with merchants. Supported payment methods include cards, Apple Pay, PayPal Wallet, Venmo, PayPal Pay Later, ACH, and validated ACH. Platforms can integrate using embedded components, an API-only setup, or a hybrid approach. Components cover merchant onboarding, payment acceptance, reporting, and chargeback management. Rainforest performs KYC and KYB checks and says its documentation returns an approved, declined, or manual-review response within minutes. Its product page describes one daily deposit covering all payment methods, accompanied by an itemized report. Reports can show transaction-level costs, profitability, and calculations of platform earnings. Rainforest says it is PCI DSS Level 1 certified and hosts its platform on AWS; it also describes encryption in transit and at-rest protection for card information. Integration support includes senior engineers, guides, and sandbox testing. Direct API processing of full card and bank account numbers requires approval. The pricing page says higher-volume card pricing is available through sales, and the risk management fee depends on assessed risk.