Since its initial launch in 2011, San Francisco-based Stripe has become one of the most recognizable brand names in online payment processing. Used by online businesses in over 200 countries, Stripe has recently expanded its electronic payments offerings with the introduction of its in-store card reader, the Stripe Terminal.
Stripe has a number of third-party competitors, including industry-giant PayPal, but one of the most experienced of them all is BAMS – a full-service electronic payments processing provider that has served thousands of merchants all over the globe since 2006. BAMS wider set of merchant services and solutions are designed for both in-store and online use, and when compared head-to-head with stripe, there are some notable differences in each company’s offerings and the benefits they offer to merchants.
Continue reading “Stripe Alternatives: How BAMS Stacks Up Against Stripe’s Payment Processing Solutions”
The electronic payments industry is a hotly contested marketplace, with a wide array of different payment solutions for merchants to choose from. Unfortunately, sometimes that level of choice can lead to indecision. It isn’t uncommon for merchants to respond by signing up for the providers that they’re most familiar with. Sometimes that might mean going directly to their bank. Often it means choosing one of the brand names they’ve seen or read about, with PayPal, Square, and Stripe being three of the most well-publicized.
Each of those companies provides excellent electronic payment solutions, but it’s important to note that they’re best suited to a very specific kind of business. Companies that jump on board with them based on brand name alone without considering their needs might find themselves limited, or worse yet, bleeding-off profits needlessly.
Continue reading “When is a Third-Party Processor like PayPal, Square, or Stripe Right for You?”
You have a choice when it comes to deciding upon the right payment processing solution for your business. A choice that is undoubtedly met with a wide variety number of options.
As credit card and digital wallet usage continues to accelerate, it’s important that you partner with a platform that does more than just work in the here and now. It should be able to scale with your business and counter every bump along the road. It should function as part of the bigger picture, working cohesively alongside your other adopted solutions.
For those in ecommerce, this proves even more important as you manage the infrastructure needed to secure customer data and allow your business to thrive. When making your decision, here’s why you should consider BAMS over Stripe.
Continue reading “Why You Should Consider BAMS Over Stripe”