Paid for Stripe vs PayAnywhere

Paid for Stripe turns an Android or iOS phone into a card terminal for payments that go to a connected Stripe account. Tap to Pay supports contactless cards and digital wallets without a separate reader, and users may also connect a Bluetooth card reader. Checkout can draw from a reusable product catalog, accept tips, add tax, pass processing fees to customers, or collect payment through links and QR codes; recurring payments are also listed. Account owners can add team members, assign roles, and manage permissions. Stripe pays funds to the user's bank on its regular payout schedule, with instant payouts available in supported regions. The app is presented for mobile and service businesses such as beauticians, drivers, musicians, stallholders, food vans, cleaners, and tradespeople. The listed plan is free, with no monthly or setup fees and no hidden fees; the app charges 0.99% per transaction in addition to Stripe's standard fees. The site says card data is encrypted end-to-end and not stored on the device.

PayAnywhere provides point-of-sale software, payment processing, Payments Hub back-office tools, and payment hardware for businesses. It runs on Android, iOS, and the web. Listed payment types include EMV chip, contactless, magstripe, PIN debit, and EBT. Merchants can accept browser-based payments through Virtual Terminal without hardware, including orders taken online or by phone. Payment Links support fixed, multiple, or open-ended amounts and can be shared by email or text, embedded as a button, or shown as a QR code. Inventory tools cover product catalogs, categories, price variants, modifiers, bulk uploads, discounts, stock alerts, and sales tracking. Reports cover sales, customers, employees, inventory, deposits, and chargeback activity, with exports and scheduled email delivery. The company says next-day funding is the default and same-day funding is available at no charge, subject to cutoff times. Listed rates are 2.69% for swipe, dip, or tap transactions and 3.49% + $0.19 for keyed transactions. Services are limited to the 50 U.S. states and the District of Columbia.