Stripe vs Moolah: A Detailed Comparison (Reviews & Pricing)

As you are likely already well aware, there are a lot of options to consider as your business’s payment processor. And if you’re like most business owners, the more options, the better. Both Stripe and Moolah serve their purpose as payment processors.

However, you can expect to get a lot more flexibility and options from Stripe. In the sections below, you will learn the primary differences between Stripe and Moolah. Thus, you should have a clear understanding of which payment service provider is the better fit for your business.

Here’s What We’ll Cover:

The Differences

Key Takeaways

The Differences

The more versatility you have in your payment processor, the easier it is to serve your customers and run your business. If you’re looking for an all-in-one solution, Stripe is likely the best option for your needs. But don’t take our word for it; check out the comparison below to see how Stipe and Moolah stack up against one another.

Stripe: The Total Package?

Pricing: 2.9% + .30¢ per transaction | 2.7% + .05¢ per physical transaction | $59 for Stripe terminal

Stripe gives you everything you need to get up and running from the start. There isn’t a reliance on external servers or software, as it’s all here and ready to use.

Moreover, Stripe features detailed custom reports. As such, you can see essential information concerning your transactions.

Like FreshBooks Payments, Stripe is transparent in its pricing structure. That means there are no hidden fees, and you get more payment methods. Having access to alternative payment methods ensures more options for customers.

Indeed, Stripe payments are far more flexible. As such, you can accept a variety of debit card transactions and credit card payments, including American Express. You’ll be able to serve your customers and accept their payments with little to no issues. And that’s always good for business.

If you want a payment service provider that lets you sign up and get started, Stripe has you covered. It’s fast, easy, and efficient. Cementing this fact is Stripe’s mobile app, which affords you further flexibility and convenience.

As you can see, Stripe is designed with customer service in mind. You will also appreciate the litany of options that Stripe affords you. And the Stripe Dashboard is a breeze to use. The overall user-friendliness of Stripe is appealing to small business owners, too.

But is Stripe truly the total package when it comes to payment processors? To answer that, we need to examine Moolah up close.

Moolah: A Work in Progress?

Pricing: 2.69% + .29¢ per transaction (online payment or in-person payment) | Free card terminal

For Moolah to operate, you need to access Authorize.net. This is Moolah’s payment gateway for payment processing. What’s more, Moolah needs Authorize.net to access custom reports, which can convolute things a bit.

Moolah also vastly limits your ability to serve your customers. Why? Because it only supports credit cards and Apple Pay. As such, you may find that you can’t accommodate certain customers, such as those with Google Pay, for example. A lack of payment options is a drawback that needs remedying if Moolah wants to compete.

Another downside to using Moolah has to do with its sign-up process. It can take a while to get up and running, making it a poor choice for business owners who need to serve their customers right away.

Moolah lacks a dedicated mobile app for mobile payments, as well. This limits Moolah’s ease of use and versatility. As a business owner, you want more options for customers. Sadly, there aren’t as many here compared to Stripe payments. 

A big plus, however, is that Moolah throws in the card reader terminal for free. This isn’t the case with Stripe, which charges extra for the card terminal.

Moolah is also a bit cheaper compared to Stripe. Its flat rate is simple and easy to understand. But as the adage goes, you get what you pay for. Sure, you might spend a little more on Stripe. But you can look forward to more customization options and flexibility on the whole.

Key Takeaways

When it comes down to it, we have to give Stripe the nod. As a billing tool, it simply has too many positives going for it by comparison. Yes, its cost and fees are a bit pricier. But considering all the extra features that you get with Stripe, the additional cost is worth the price of admission.

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