Why Businesses Are Ditching Stripe for Adyen: The Real Reasons Revealed
In the ever-evolving world of payment processing, businesses are constantly searching for the best solution to meet their growing needs. While Stripe has long been a popular choice, a growing number of businesses are making the switch to Adyen — and they’re not looking back. So why are companies ditching Stripe for Adyen? Let’s uncover the real reasons behind this shift and see if Adyen might be the better choice for your business.
- Global Reach and Local Payment Methods
One of the biggest advantages Adyen holds over Stripe is its extensive global reach and support for local payment methods. While Stripe covers many major markets, Adyen goes the extra mile by offering more localized options tailored to specific regions.
Adyen’s Edge:
- Supports 150+ currencies and 250+ local payment methods
- Seamless cross-border transactions with local acquiring capabilities
- Better acceptance rates for international customers
Why It Matters:
For businesses expanding globally, offering region-specific payment options reduces cart abandonment and increases customer satisfaction.
- Unified Commerce for Omnichannel Experiences
Adyen’s unified commerce solution stands out by integrating online, in-app, and in-store payments into a single platform. This gives businesses a complete view of customer behavior across all sales channels.
Adyen’s Advantage:
- Consolidated data for better customer insights
- Consistent experience across touchpoints
- Simplified reconciliation and reporting
Stripe’s Limitation:
While Stripe offers various payment solutions, it lacks the same level of omnichannel integration, making it harder for businesses to manage multi-channel operations.
- Advanced Fraud Prevention with RevenueProtect
Fraud prevention is crucial in payment processing, and Adyen’s RevenueProtect system offers a more sophisticated approach compared to Stripe’s standard tools. Using machine learning and customizable risk rules, Adyen minimizes fraud without compromising the customer experience.
Key Benefits:
- Real-time risk scoring and behavioral analytics
- Customizable fraud detection rules
- Lower chargeback rates and fewer false declines
Why Businesses Prefer Adyen:
Stripe’s Radar is effective, but many businesses find Adyen’s more adaptive and data-driven approach better suited for complex, high-risk environments.
- Smart Payment Routing for Higher Authorization Rates
Adyen’s smart payment routing automatically directs transactions through the most efficient acquiring banks, improving authorization rates and reducing costs.
Adyen’s Smart Routing:
- Higher success rates on cross-border payments
- Reduced transaction costs
- Faster processing times
Stripe’s Approach:
Stripe uses its own acquiring network, which can sometimes lead to higher decline rates for international transactions.
- Better Subscription and Recurring Billing Tools
While both Stripe and Adyen offer subscription management, Adyen’s tools provide more flexibility and automation for businesses with recurring revenue models.
Adyen’s Strengths:
- Smart retry logic for failed payments
- Customizable billing cycles and invoicing
- Advanced revenue recovery tools
Why Businesses Switch:
Adyen’s ability to minimize churn and recover revenue from failed transactions makes it a more attractive option for subscription-based businesses.
- Built-In Chargeback Management
Adyen simplifies the often-tedious process of managing chargebacks by offering a centralized platform with automated dispute management and real-time tracking.
What Sets Adyen Apart:
- Faster dispute resolution
- Clear visibility of chargeback trends
- Automated evidence submission tools
Stripe’s Drawback:
Stripe’s chargeback management relies more on manual processes, leading to longer resolution times and increased operational overhead.
- Scalability and Enterprise-Level Support
For large enterprises, Adyen’s infrastructure and customer support are often cited as superior to Stripe’s more self-service-focused approach.
Adyen’s Enterprise Focus:
- Dedicated account managers and tailored support
- Customizable solutions for complex business models
- Robust infrastructure for high-volume processing
Stripe’s Limitation:
Stripe’s support is excellent for smaller businesses and developers, but larger companies often require more hands-on guidance and personalized service.
- Transparent Pricing with Lower Cross-Border Fees
While both Stripe and Adyen offer competitive pricing, Adyen’s local acquiring model often results in lower cross-border fees and better exchange rates.
Cost Savings:
- Lower interchange and assessment fees
- Reduced currency conversion costs
- Fewer hidden charges
Why It Matters:
For businesses with significant international sales, these savings can add up to a substantial amount over time.
Conclusion: Is Adyen the Right Choice for You?
The reasons businesses are leaving Stripe for Adyen boil down to one thing: better performance at scale. Adyen’s global reach, advanced fraud prevention, smart payment routing, and enterprise-level support make it a powerhouse for businesses focused on growth and efficiency. If your company is expanding internationally, dealing with high transaction volumes, or looking for more sophisticated tools, Adyen could be the perfect fit.
Still, every business has unique needs — and while Adyen excels in many areas, Stripe remains a solid choice for startups and developers seeking quick, easy integration. The key is understanding your priorities and choosing the platform that aligns with your goals.