Stripe vs GoCardless: Which Prioritizes Payment Security?
Explore how US-based Stripe and UK-based GoCardless handle your data privacy. Discover which fintech solution better safeguards your transactions.
Should You Switch to GoCardless?
Enhanced privacy protection and full GDPR compliance.
Loss of advanced features like fraud detection and APIs.
Switch if privacy is a priority; stay with Stripe for more features.
At a Glance
US data laws
GDPR protected
Stripe
freemium
GoCardless
freemium
Privacy & Compliance Comparison
Critical data sovereignty factors at a glance
| Criteria | Stripe | GoCardless |
|---|---|---|
Server Location | US (AWS), EU (optional) | EU |
GDPR Compliance | Partial (SCCs) | Full |
Open Source | ||
E2E Encryption | Optional | Optional |
Data Portability | Partial | Partial |
CLOUD Act Notice
Stripe is a US company and must comply with CLOUD Act data requests, even for data stored in EU data centers. GoCardless is not subject to US jurisdiction.
Stripe
🇺🇸Stripe Inc.
GoCardless
🌍GoCardless Ltd
US Data Storage
Data subject to US CLOUD Act and may be accessed by US authorities
EU Data Protection
Data protected under GDPR with EU-only data residency
Certifications & Compliance
No certifications listed
Reasons to Switch
- ✓GoCardless offers lower transaction fees for direct debits, averaging 1% + £0.20.
- ✓Direct debit payments with GoCardless have a 98% success rate on first attempt.
- ✓GoCardless is fully GDPR compliant, ensuring data protection for EU customers.
- ✓Open banking integration allows for faster payments and better cash flow management.
Things to Consider
- !Migrating from Stripe may require significant developer resources and time.
- !GoCardless lacks advanced fraud detection features available in Stripe.
- !Limited support for credit card payments compared to Stripe's offerings.
Migration Overview
Depends on data size and complexity
Quick Steps
Create GoCardless account and configure settings
Export and prepare data from Stripe
Import data, test integrations, and migrate users
Note: GoCardless is ideal for businesses focused on recurring payments, offering a straightforward migration path.
Other alternatives to Stripe
Ready to make the switch?
Start using GoCardless today and take control of your data privacy.