Q: Value over Stripe
Hello, I'm currently looking for an alternative to stripe, since I'm currently building several niche Saas and I would need a solution for my community platform, job platform and so on.. Stripe is my way to go now, but I'm looking for convenient alternatives.
Anyway from where I live (Europe country) as far as I can see Stripe fees are somehow more convenient (2.9% + $0.30. Plus 1.5% for international cards and/or 1% for currency conversion) is there something I'm missing? I really like your product, but as I perceive it, Stripe still is more convenient on processing fees.
Gabriel_Creem
Apr 3, 2025A: Hey, great question! 🌟😊
I totally get where you’re coming from—it’s important to understand how we differ from Stripe. While a lot of people like to compare us to Stripe because of our payment processing capabilities, it’s essential to note that Stripe is not a Merchant of Record (MoR).
That’s why you won’t find a direct comparison between us and Stripe on our pricing page (you can check it here: https://creem.io/pricing).
When considering international transactions (1.5%) and subscriptions(0.5%), you’re actually right—we often end up being cheaper than Stripe, with the added benefit of being a Merchant of Record.
What’s the difference?
As an MoR, Creem takes on the legal liability of sales, including collecting, registering, and remitting international taxes. Instead of having to deal with international compliance yourself, you’ll receive one or two invoices per month from Creem, and that’s it. This way, you don’t have to worry about tax registration or compliance in every country your customers are from. You can read more about the Merchant of Record model here:
https://docs.creem.io/finance/merchant-of-record
So, in short, the value we bring is not just the payment processing—it’s the peace of mind of handling complex global compliance for you, and the innovative features we are developing around payments to help you streamline your operations and increase conversion.