OpenPay vs. Stripe: The Smarter Way to Manage Payments and Subscriptions
Stripe may have been your first choice, but is it still the right one?
If you're struggling with unexpected account freezes, rising fees, or limited payment flexibility, it’s time to rethink your payment infrastructure. OpenPay isn’t just an alternative—it’s an upgrade.
If you're struggling with unexpected account freezes, rising fees, or limited payment flexibility, it’s time to rethink your payment infrastructure. OpenPay isn’t just an alternative—it’s an upgrade.
4 Reasons to Switch from Stripe to OpenPay
Stripe locks you into a single payment processor with limited subscription management and basic analytics, leaving revenue on the table. OpenPay gives you multi-processor payment routing, real-time insights, and AI-driven subscription tools to maximize approvals, recover failed payments, and reduce churn.
Better payment acceptance with multi-processor support
Stripe locks you into a single processor. OpenPay opens the door to better approvals and lower costs.
Top global businesses know the risks of relying on a single payment gateway. Stripe lacks the global reach and flexibility needed to optimize payment success.
With OpenPay, you benefit from advanced AI-driven smart payment routing that intelligently directs each transaction to the best option, increasing approval rates and cutting down on processing fees.
Multi-processor support ensures you’re never reliant on a single provider
Intelligent payment routing increases acceptance rates
Lower processing costs through optimized provider selection
Keep your data safe and secure—and in your hands
Stripe controls your data. OpenPay ensures you always have full access.
With Stripe, your account can be suspended at any time, which means losing access to your valuable customer and transaction data—a major risk to your business continuity.
OpenPay prioritizes data independence, guaranteeing that you always retain control over your transaction history, customer records, and business insights.
No account lockouts—your data is yours, always
Full transparency with unrestricted access to payment data
No vendor lock-in—seamlessly migrate or integrate at any time
Know your business health anytime, at a glance
Stripe offers basic analytics. OpenPay gives you real-time insights to drive growth.
Understanding your revenue, retention, and churn metrics is critical to scaling a subscription business. Stripe’s limited reporting makes it difficult to get a full picture.
OpenPay offers unified, real-time metrics across all payment processors in a centralized dashboard, allowing you to monitor growth, conversion, retention, and attribution effortlessly.
Live subscription analytics to track key revenue metrics
AI-powered insights to optimize retention and pricing strategies
Single dashboard for complete visibility across multiple payment processors
Run AI-powered retention flows out-of-the-box
Stripe doesn’t help you recover revenue. OpenPay automates retention and payment recovery.
Churn is inevitable, but Stripe offers no built-in tools to help you win back lost customers or recover failed payments. OpenPay is designed to automate retention and growth.
With AI-driven dunning, upsell, cross-sell, cancellation, and win-back flows combined with powerful subscription analytics, OpenPay enables you to engage customers effectively and take automated, data-driven actions that enhance LTV.
Automated dunning and smart retries reduce failed payments
Upsell and win-back flows drive incremental revenue
Retention-focused AI helps prevent churn before it happens
Built for ambitious entrepreneurs
“Streamlining our operations was crucial for expanding our AML program. OpenPay's user-friendly platform allowed us to manage risk effectively, ensuring our partners could grow while maintaining a secure and compliant environment.”
Head-to-head comparison: OpenPay vs. Stripe
Subscription Management
Feature
What it does
Smart Payment Routing
Dynamically routes payments across multiple processors to maximize approval rates and minimize transaction costs.
Multiple Payment Method Support
Apple Pay, Google Pay, credit card, debit card, ACH, Crypto, PayPal, and more.
Flexible Billing Schedules
Supports customizable billing cycles, including monthly, annual, quarterly, and user-defined schedules.
Custom Hosted Checkout
Customers can update their payment methods through a branded, company-hosted portal.
Invoicing
Create, send, and customize invoices directly from a centralized dashboard.
Subscription Migration
Easily migrate existing subscriptions from third-party billing providers or in-house systems without disruption.
Usage-Based Billing
Automates billing for metered and usage-based pricing models.
Discounts, Credits & Refunds
Offers full, prorated, and promotional discounts, credits, and refunds.
Automatic Tax Calculation
Calculates and applies sales tax, VAT, and GST for compliance with global tax regulations.
Network Tokenization
Replaces sensitive card data with secure tokens to enhance payment security and approval rates.
Subscription Analytics
Feature
What it does
Standard SaaS Metrics
Tracks MRR, ARR, churn rate, retention, LTV, ARPU, conversion rates, and revenue growth.
Payment Acceptance Rate
Monitors the percentage of successful payment authorizations to improve revenue performance.
Subscription Optimization Metrics
Analyzes failed payment recovery, cancellation deflection, reactivation, and upsell/cross-sell conversion rates.
Proactive Anomaly Signaling
Detects unexpected changes in key subscription metrics and alerts businesses to take action.
Packaging & Bundling Pattern Recognition
Identifies popular product or subscription bundles based on historical purchasing trends.
Segmentation & Data Enrichment
Segments customers by geography, acquisition channel, and behavior to identify high-value users.
Customer Health Scores
Uses engagement and revenue history to predict churn risk, reactivation potential, and upsell opportunities.
Subscription Optimization
Feature
What it does
Cart Abandonment Notifications
Sends automated reminders to users who added items to their cart but didn’t complete checkout.
Smart Credit Card Retries
Uses AI-driven retry logic to recover failed payments at optimal times.
Dunning Emails
Automates failed payment recovery by notifying customers to update payment methods.
Card Rotator
Cycles through a customer’s stored credit cards to maximize successful payment attempts.
Cancellation Surveys
Collects insights from users when they cancel to understand and address churn reasons.
Cancellation Salvage Offers
Provides alternative options such as discounts, subscription pauses, or extended trials to retain customers.
Win-Back (Reactivation) Campaigns
Automates personalized outreach to re-engage churned customers and bring them back.
Upsell & Cross-Sell Campaigns
Encourages customers to upgrade plans or purchase additional features through automated messaging.
Localized Outreach
Sends targeted communications in a customer’s preferred language for higher engagement.
A/B Testing for Optimization Campaigns
Tests different messaging and retention strategies in real-time to identify the most effective ones.
