Both are strong choices. The short answer: pick Stripe if you are online payments, subscriptions and invoicing. Pick Melio if you are managing accounts payable cash flow.
| Stripe | Melio | |
|---|---|---|
| In one line | The developer-loved payments infrastructure of the internet. | Pay vendors and bills by card even when they want checks. |
| Pricing | 2.9% + 30c per transaction | Free ACH; card fees apply |
| Free tier | Yes | Yes |
| Best for | Online payments, subscriptions and invoicing | Managing accounts payable cash flow |
| Category | Payments & Invoicing | Payments & Invoicing |
| Website | stripe.com | melio.com |