Side-by-side
| Dimension | Stripe | 2Checkout (Verifone) |
|---|---|---|
| Per-charge fee | 2.9% + $0.30 | 3.5% + $0.35 to 6% |
| Approval | Instant for clean LLC + EIN | 1-2 weeks for non-resident LLCs |
| Country reach | 135+ buyer countries | 200+ countries including some Stripe-restricted |
| Currency support | 135+ currencies | 100+ currencies |
| Payout speed | 2 business days | Weekly payouts |
| Merchant of record | No (Stripe is processor) | Yes (2Checkout is MoR) |
| Best fit | Clean profiles in supported countries | Stripe-restricted niches or buyer countries |
When Stripe wins
- Your business is in Stripe's accepted categories
- Your buyers are in Stripe-supported countries
- You want the lowest per-transaction fees and fastest payouts
- You want subscription tools, Stripe Connect, or BNPL integrations
When 2Checkout could fit
- Stripe rejected your application for category or country reasons
- Your buyers are in countries Stripe does not fully support
- Your niche has higher acceptance at 2Checkout (some digital goods, some affiliate networks)
- You want a merchant-of-record processor in non-EU jurisdictions
Country reach
2Checkout (now part of Verifone) supports buyer payments from countries where Stripe has restrictions. This includes parts of Latin America, Africa, and Asia where Stripe acceptance is limited.
If your customer base is geographically diverse and includes regions Stripe does not fully cover, 2Checkout can fill gaps. For founders selling primarily to North America, Europe, and major Asian markets, Stripe coverage is more than sufficient.
Fees breakdown
| Charge type | Stripe | 2Checkout |
|---|---|---|
| Standard card charge | 2.9% + $0.30 | 3.5% + $0.35 |
| Cross-border surcharge | +1.5% | +1% |
| Currency conversion | 1% spread | 1.5-2% spread |
| Restricted-region charges | Often declined | Up to 6% per charge |
| Dispute fee | $15 | $20 |
Application timelines
Stripe is typically instant for clean Wyoming LLC + EIN applications, often within hours of submission. Restricted categories trigger manual review of 1 to 5 business days.
2Checkout reviews non-resident LLC applications more carefully and takes 1 to 2 weeks for approval. Onboarding includes product review, KYC, and contract signing. The slower approval is offset by broader acceptance.