Stripe vs GoCardless
A comprehensive comparison to help you decide if GoCardless is the right EU alternative to Stripe for your needs.
Stripe
Payment processing platform for internet businesses with APIs for accepting payments and managing subscriptions.
GoCardless
GoCardless is a payment processing platform that enables businesses to collect recurring payments directly from customers' bank accounts via Direct Debit. It simplifies the billing process, reduces transaction fees, and offers secure payment collection. Ideal for subscription services and invoice-based businesses.
Our Verdict
Why choose GoCardless
- +GoCardless offers lower transaction fees for direct debits, averaging 1% + £0.20.
- +Direct debit payments with GoCardless have a 98% success rate on first attempt.
- +GoCardless is fully GDPR compliant, ensuring data protection for EU customers.
- +Open banking integration allows for faster payments and better cash flow management.
Things to consider
- -Migrating from Stripe may require significant developer resources and time.
- -GoCardless lacks advanced fraud detection features available in Stripe.
- -Limited support for credit card payments compared to Stripe's offerings.
Privacy Winner: GoCardless
Your data stays in the EU and is protected under GDPR, free from US CLOUD Act access.
Feature Comparison
Stripe
🇺🇸Stripe Inc.
GoCardless
🌍GoCardless Ltd
US Data Storage
Data subject to US CLOUD Act and may be accessed by US authorities
EU Data Protection
Data protected under GDPR with EU-only data residency
Certifications & Compliance
No certifications listed
Reasons to Switch
- ✓GoCardless offers lower transaction fees for direct debits, averaging 1% + £0.20.
- ✓Direct debit payments with GoCardless have a 98% success rate on first attempt.
- ✓GoCardless is fully GDPR compliant, ensuring data protection for EU customers.
- ✓Open banking integration allows for faster payments and better cash flow management.
Things to Consider
- !Migrating from Stripe may require significant developer resources and time.
- !GoCardless lacks advanced fraud detection features available in Stripe.
- !Limited support for credit card payments compared to Stripe's offerings.
Frequently Asked Questions
Is GoCardless a good replacement for Stripe?
Yes, GoCardless is a GDPR-compliant European alternative to Stripe. It offers similar functionality while ensuring your data stays within EU jurisdiction and is protected under strict European privacy laws.
Is GoCardless GDPR compliant?
Yes, GoCardless is a European company that fully complies with GDPR regulations. Your data is stored in EU data centers and is not subject to US surveillance laws like the CLOUD Act.
How much does GoCardless cost?
GoCardless offers freemium pricing. Visit their website for current pricing details and to compare plans based on your specific needs.
Where is my data stored with GoCardless?
GoCardless stores data in EU data centers, ensuring compliance with European data protection regulations and keeping your information within EU jurisdiction.
Other EU alternatives to Stripe
Ready to make the switch to GoCardless?
Take control of your data privacy by switching to an EU-based alternative.