Stripe Connect vs TaxBandits
Stripe Connect
stripe.com
TaxBandits
taxbandits.comSide by side
| Figure | Stripe Connect | TaxBandits |
|---|---|---|
| Price from | $20.25/mo | $16.58/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 11 |
| Spec score · 1099 Filing Software | 8.8 (#3) | 8.9 (#2) |
| Headquarters | San Francisco and Dublin | Rock Hill, South Carolina, United States |
| Integrations | Stripe lists Terminal, Tax, Billing, Capital, Issuing, and other Stripe financial products as capabilities platforms can add through its integrated stack. | No-code connections are listed for Sage Intacct, Karbon, QuickBooks, Xero, FreshBooks, Zoho Books, VMS, CSV and Zapier. |
| Rating on Apple App Store | 4.7 out of 5 from 69,000 ratings | No rating overview is displayed because the app has not received enough ratings or reviews. |
| Rating on Capterra | 0.0 out of 5 from 0 reviews | 0.0 out of 5 from 0 user reviews. |
| Rating on G2 | 4.3 out of 5 from 249 reviews | 5.0 out of 5 from 2 TaxBandits reviews. |
| Rating on Trustpilot | 1.6 out of 5 from 17,545 reviews | 3.9 out of 5 from 18 reviews. |
| Security | The Connect features page lists PCI DSS Level 1 certification and PSD2 Strong Customer Authentication compliance. | TaxBandits describes itself as SOC 2 certified and says it encrypts stored and transmitted client data. |
| Support | Connect’s features page advertises 24x7 support by phone, chat, and email. | Support is offered through phone, email, 24/7 live chat, FAQs, videos and BanditAI; an API-specific developer email is provided. |
| What it does | Stripe Connect lets platforms, marketplaces, and other businesses embed payments and coordinate money movement among multiple parties. | TaxBandits is an IRS-authorized online service for collecting tax data and electronically filing forms such as 1099, W-2, 94x, ACA 1095, W-9 and BOIR. |
Plans
Stripe Connect
- Stripe handles pricing for your usersFree
- You handle pricing for your users$20.25 a month
- Stripe handles pricing for your usersPriced on request
TaxBandits
- Basic$19 a month
- Plus$29 a month
- CoreFree
- 1099/W-2 federal filing$2.75, paid once
- Basic Payroll$19 a month
- Payroll Basic$19 a month
- Payroll Plus$29 a month
- Plus Payroll$29 a month
- Advanced$199 a year
- Elite$399 a year
In their own words
Stripe Connect
Stripe Connect embeds payments in software platforms and marketplaces and coordinates money movement among multiple parties. Platforms can choose Stripe-hosted, embedded, or custom onboarding, including identity verification and networked onboarding for existing Stripe users. Connect supports payments in 135+ currencies and 40+ payment methods across online, mobile, subscription, invoicing, and point-of-sale flows. Platforms can split payments, route funds across borders, control payout timing, and offer instant payouts. Prebuilt connected-account dashboards include controls for payments, payouts, settings, notifications, and payment methods. Risk and compliance features include KYC and AML checks, sanctions screening, MATCH list checks, and fraud management. Connect can automatically generate US 1099 forms; e-filing and delivery fees vary by pricing model. Its listed security features include PCI DSS Level 1 certification and PSD2 Strong Customer Authentication compliance. Pricing may involve no platform fees when Stripe handles user pricing, or $2 per monthly active account plus 0.25% + 25¢ per payout sent; other usage fees may apply.
TaxBandits
TaxBandits provides electronic filing for payroll and employment forms, including 1099, W-2, 94x, ACA 1095, W-9 and BOI reports. It is aimed at business owners, tax professionals and service providers, and supports federal and state tax filing. Users can upload form data in bulk with CSV templates or provide completed W-9 PDFs for AI extraction of recipient information. Validation includes IRS business-rule and schema checks, TIN matching and USPS address validation. Listed integrations include Sage Intacct, Karbon, QuickBooks, Xero, Zoho Books, FreshBooks, Zapier and an API. The API supports filing workflows for W-9, 1099, W-2 and TIN matching. TaxBandits says it is SOC 2 certified and encrypts stored and transmitted client data; accounts can enable authenticator-app two-factor authentication. Its Companion app for iOS and Android supports W-9/W-8 management, with unlimited collection free to use. Payroll plans start at $19 a month, with a 30-day trial listed. Annual W-2 and 1099 filings are excluded from payroll plans and cost extra; separate federal 1099 and W-2 filing is priced by volume, starting at $2.75 per form for the first 10 forms.