Stripe and Payoneer are both well-known for international payments, but they serve different needs. Stripe is great for online businesses that need tools for developers. Payoneer is popular with freelancers and people who sell on online marketplaces.

In this blog, we’ll look at what they offer, how much they cost, and their good and bad points. More importantly, we’ll tell you about a better option – BRISKPE – which can be faster, clearer about costs, and better for many users who receive money from other countries.

Stripe vs Payoneer: A Detailed Comparison

Stripe:

• Availability in India: Operates on an invite-only basis, requiring users to apply and be accepted. 
• Fees for Global Payments: 4.3% processing fee + 2% currency conversion fee, potential chargeback fees.
• Compliance (FIRA): Does not provide FIRA; users need to obtain it from their bank.  
• Payment Methods for Indian Businesses: Limited to credit or debit cards only.
• Settlement Time: Up to five business days.
• Exchange Rate: Uses the current rate but adds a 2% conversion fee.  
• Annual Account Fee: Not mentioned.
• Customer Support: Information regarding India-based support is not explicitly detailed here.

Payoneer:

• Availability in India: Open to all businesses without restrictions.
• Fees for Global Payments: Varies by method. For USD virtual accounts: 1% transaction fee + 3% forex markup. Withdrawal to local Indian banks: 3% fee.
• Compliance (FIRA): Offers free digital FIRA for every transaction.  
• Payment Methods for Indian Businesses: Supports multiple options like virtual accounts, bank transfers, and card payments.
• Settlement Time: Up to three business days.
• Exchange Rate: Does not offer a live exchange rate; applies a 3% forex markup on withdrawals.
• Annual Account Fee: Charged if a user hasn’t received USD 2,000 or more within a year of opening their account.  
• Customer Support: Lacks an India-based customer support team.

BRISKPE:

• Availability in India: Available to all businesses and individuals in India.
• Fees for Global Payments: Offers competitive and transparent fees, often lower than Stripe and Payoneer. Specific fees can be found on their website.  
• Compliance (FIRA): Provides automated digital FIRA for every transaction for users in India.
• Payment Methods for Indian Businesses: Supports receiving payments via various methods, including direct bank transfers.
• Settlement Time: Typically within 24 hours to Indian bank accounts.
• Exchange Rate: Uses real-time, mid-market exchange rates with zero markup.
• Annual Account Fee: Not mentioned.
• Customer Support: Offers robust customer support for users in India.

BRISKPE: The Best Way to Get International Payments

While Stripe and Payoneer are useful, BRISKPE is often a better choice. This is especially true for people in India who want a quick, clear, and affordable way to get money from other countries. BRISKPE is made to make international payments simple and fast, so you get your money without any hassle.

Why BRISKPE is Great for Getting International Payments:

• Super Fast Payments: Get Money Instantly: BRISKPE is really fast. They send your money to your Indian bank account instantly after they receive it. This is much quicker than Stripe, which can take up to 5 business days, and Payoneer, which can take up to 3 business days. Getting your money fast helps your business.
• Clear Prices: No Hidden Costs: BRISKPE tells you exactly what you’ll pay. They have no hidden fees and no extra charges on the exchange rate. You see the rate and the fee clearly. Stripe and Payoneer can have complicated fees with extra costs.
• Best Exchange Rates: Real-Time Rates: BRISKPE gives you the real exchange rate you see on the market. This means you get the most money when you change currencies. Payoneer doesn’t always give you the live exchange rate, so you might get less money.
• Works with Many Currencies: BRISKPE lets you get paid in many major currencies, like USD, EUR, GBP, CAD, AUD, SGD, HKD, and JPY. This makes it easy to work with clients all over the world.
• Safe and Secure: BRISKPE makes sure your money and information are safe. They use good security methods to protect everything.
• Easy Compliance with FIRA: BRISKPE makes it easy to follow the rules in India. They give you digital Foreign Inward Remittance Advice (FIRA) automatically for each payment. This saves you time and effort compared to Stripe and Payoneer.
• Simple to Use: BRISKPE has a website that is easy to understand and use. You can easily manage your payments, see your transactions, and get reports.
• Helpful Customer Support: BRISKPE wants to help you. If you have questions or problems, they should have good customer support to assist you.

Comparing Stripe, Payoneer, and BRISKPE: A Closer Look

Here’s a table that compares the three platforms on important features:

Feature	Stripe	Payoneer	BRISKPE
Available in India	You need an invite	Open to everyone	Easy to sign up
Fees	4.3% + 2% to change currency	Different fees (like 1% for USD accounts + 3% to take money out)	Clear, low fees (check briskpe.com for details)
Extra Exchange Cost	2%	3% when you take money out	None, you get the real exchange rate
How Fast You Get Paid	Up to 5 business days	Up to 3 business days	Instantly (within 24 hours)
Currencies You Can Use	More than 135	More than 70	Major currencies like USD, EUR, GBP, CAD, AUD, SGD, HKD, JPY
Exchange Rate	Not specified	Not the live market rate	The real market rate
FIRA Document	You don’t get this from them	They give you a digital copy	Automatic Digital FIRA
How Easy It Is to Use	Good for developers, might be tricky for others	Simple to use	Easy and simple for everyone
Main Benefit	Good tools for online businesses	Works well with online marketplaces, multi-currency accounts	Fastest payments, clear pricing, best exchange rates

Why BRISKPE is the Best Choice for Your Global Business

Getting paid from international clients can be tough with slow transfers, high hidden fees, and bad exchange rates, plus paperwork. BRISKPE solves this. Imagine getting paid quickly into your local bank account. BRISKPE offers clear costs, no secret fees, and fair exchange rates, unlike some other platforms. BRISKPE also simplifies payment documentation. 

Whether you’re a freelancer, online seller, or international business, BRISKPE is a simple, reliable way to handle global payments. For a faster, clearer, and easier way to get paid from abroad, check out BRISKPE today. Visit BRISKPE to see how they can simplify your global business payments.