Side by side
Bank of America Mobile Point of Sale vs Paid for Stripe
Both stand on mobile payment processing software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Paid AndroidiPhoneWeb
Choose Bank of America Mobile Point of Sale if you need mobile payment processing and sales reporting and already meet its Bank of America account requirements. Check the per-sale rates and unsupported transaction types against your payment needs before choosing it.
Visit Bank of America Mobile Point of Sale
Free plan AndroidiPhone
Paid for Stripe offers phone-based checkout with contactless payments and several other collection options. The app is free to use, but transactions carry its listed fee in addition to Stripe’s standard fees.
Visit Paid for StripeThe facts
| Bank of America Mobile Point of Sale | Paid for Stripe | |
|---|---|---|
| Free plan | Not published | Yes |
| Open source | Not published | Not published |
| Runs on | Android, iPhone, Web | Android, iPhone |
| Lowest paid plan | In-person swipe, dip and tap payments: $0.10 | Free or on request |
| Plans published | 5 | 1 |
| Maker | Not published | Not published |
| Website | business.bankofamerica.com | paidforstripe.com |
| On mobile payment processing software | #16 of 26 | #7 of 26 |
Bank of America Mobile Point of Sale: what it does well
- Accepts swipe, dip, tap, and phone payments.
- Receipts can be sent by email or text.
- Supports recurring and offline payments.
- Includes 24/7 U.S.-based Merchant Services technical support.
- No long-term contracts or early termination fees are stated.
What to know first
- Requires a Merchant Services account and business checking account.
- Business Advantage 360 enrollment is required for Merchant Services.
- PIN Debit, EBT, and gift card transactions are unsupported.
- D135 requires a compatible merchant-supplied iOS or Android device.
Paid for Stripe: what it does well
- Tap to Pay works without extra hardware
- Accepts cards, wallets, links and QR codes
- Reusable product catalog supports checkout
- Includes team roles and permissions
- No subscription or setup fees
What to know first
- Adds a 0.99% fee per transaction
- Stripe’s standard fees also apply
- Instant payouts are available only in supported regions
Alternatives to Bank of America Mobile Point of Sale Alternatives to Paid for Stripe The whole list