Stripe vs Ramp: Which The Top Pick in 2025?

Many businesses look to Stripe and Ramp for their financial management needs. However, choosing the right solution can be a complex task.

In this article, we’ll review what each solution offers and how they compare to help you make an informed decision. Additionally, we'll also explore Rho as a third option worth considering.

Stripe Overview

Stripe operates in the financial infrastructure category, offering a suite of products aimed at managing payments and optimizing revenue. Its main value proposition is providing an integrated platform that helps businesses reduce costs and run more efficiently. Stripe's top customer types include enterprises, startups, ecommerce, SaaS, retail, platforms, marketplaces, global businesses, crypto, and the creator economy.

Stripe Features

Some of the key features of Stripe include:

• Online Payments: Accept payments online through various methods including credit cards, debit cards, and digital wallets.
• In-person Payments: Use Stripe Terminal to accept payments in physical locations.
• Fraud Prevention: Utilize Stripe Radar to detect and prevent fraudulent transactions.
• Subscriptions and Billing: Automate billing for subscriptions and usage-based services with Stripe Billing.

Stripe Pricing

Stripe offers a variety of pricing structures to accommodate different business needs.

• Standard Pricing: 2.9% + 30¢ per successful transaction for domestic cards.
• Custom Pricing: Tailored rates based on business volume and requirements.
• Billing: Pay Monthly: Starting at $620/month; Pay as You Go: 0.7% of billing volume.
• Invoicing: 0.4% per paid invoice.
• Tax: Pay Monthly: Starting at $90/month; Pay as You Go: 0.5% per transaction.

The prices for each tier are not publicly listed.

Drawbacks To Stripe

General user reviews of Stripe highlight its ease of use and integration capabilities, but frequent complaints include high fees and poor customer support.

• "The cost, it's expensive, the percentage taken on each transaction, the exchange rate for foreign currencies, even if it doesn't seem much at start can quickly become a burden." - Sven K.
• "They can block your account without providing any explanation, and in such cases, technical support does not respond at all." - Evgeniya P.

For more details, visit Stripe Payments Reviews on G2.

Ramp Overview

Ramp operates in the spend management, corporate cards, and accounts payable solutions category. Its main value proposition is encapsulated in the phrase "Time is money. Save both," offering an integrated platform for corporate cards, bill payments, and accounting. Ramp primarily serves startups, small businesses, mid-market companies, and enterprises.

Ramp Features

Some of the key features of Ramp include:

• Corporate Cards: Provides control over spending before it happens with pre-approved funds and built-in controls.
• Expense Management: Automates expense submissions and approvals.
• Accounts Payable: Processes bills quickly and efficiently.
• Procurement: Streamlines the intake-to-pay process.

Ramp Pricing

Ramp offers subscription tiers with detailed pricing plans.

• Free Plan: $0 per month per user, includes corporate card and basic features.
• Plus Plan: $15 per month per user plus a platform fee, includes advanced features.
• Enterprise Plan: Custom pricing, includes full customization and premium features.

Drawbacks To Ramp

The overall consensus from the reviews is highly positive, with users appreciating Ramp's ease of use and efficiency, though some minor issues with specific features are noted.

• "Ramp saves us so much time. No more expense reports & that our team members can get paid directly for reimbursements - & they love that also." - Mark P.
• "Limited options for business travel and lower net cash benefit rebates versus other cards. Also, less partner benefit promotions. However, right now the time savings is the benefit, plus we use the cash back on our spending to lower our monthly credit card bills." - Brian V.

For more details, visit Ramp Reviews on G2.

What to Know Before Picking Stripe or Ramp

Looking at the reviews as a whole, businesses using Stripe often face high transaction fees and poor customer support. Additionally, technical issues like API instability and complex tax reporting can disrupt operations.

On the other hand, Ramp users report challenges with card issues, missing features, and manual entry. Integration difficulties with certain ERP systems and delays in card delivery are also common concerns.

Why Rho Is a Better Alternative

At Rho, we understand the challenges businesses face with high fees, poor customer support, and integration issues. Our platform is designed to offer a seamless, cost-effective solution with superior customer service and robust integrations, making us a better choice for your financial management needs.

Rho Features

• Integrated Banking and Spend Management: Our platform combines banking, corporate cards, and expense management in one place, eliminating the need for multiple service providers and simplifying financial operations.
• AP Automation: We streamline vendor payments, allowing businesses to pay hundreds of vendors in minutes with zero platform fees, saving time and reducing errors.
• Rho Treasury: Our treasury¹ management feature safeguards idle cash and offers dynamic yield rates, helping businesses optimize their financial resources.
• 24/7 Private Banking Support: We provide round-the-clock customer support, ensuring businesses have access to assistance whenever needed, enhancing user experience and reliability.
• Expense Management: Our system eliminates the need for traditional expense reports by capturing every receipt and automating expense submissions, freeing up valuable time for more strategic activities.
• Rho Platinum: We offer up to 2% cashback¹ on banking and card usage, incentivizing the use of our services and providing financial benefits to our users.
• Virtual Cards: Our platform allows the creation of virtual cards for employees, specific dates, or particular vendors, providing flexibility and enhanced control over corporate spending.

Rho Pricing

We offer a straightforward and transparent pricing structure that sets us apart from competitors like Stripe and Ramp. Our goal is to simplify your financial management with minimal costs and no hidden fees. Here’s a breakdown of our pricing:

• $0 Same-Day ACH fees: No fees for same-day ACH transactions.
• $0 Wire fees: No fees for wire transfers, with some exceptions for international wires.
• $0 Monthly plans: No monthly subscription fees for accessing our services.
• $0 Support fees: Free live support from day one.
• $0 Subscription fees: No fees for accessing essential accounting integrations.
• $0 Checking account minimum fees: No minimum balance fees for checking accounts.
• $0 Per-user fees: No fees per user.
• 1% Foreign currency transfer: A 1% fee on foreign currency transfers.

You can find all the details about our pricing here.

Why Users Love Rho

We’re proud of what we do, but we think our customers say it best. Take a look at why they prefer Rho over other options.

• "Centralized system that is easy to use for all levels of the organization with exceptional customer service." - Sean F. (Chief Financial Officer, Mid-Market)
• "Rho offers our users a one-touch experience for reporting company expenses on a corporate card." - Tyler M. (Chief Financial Officer, Small-Business)
• "Rho has all the features of a legacy platform but is designed like a fintech product, so it's constantly evolving and growing to meet our needs." - Kevin K. (Director of Marketing and Analytics, Mid-Market)

Want a firsthand look at Rho? You can request a free demo here.

Which Platform Is Right for Your Business?

Each platform—Stripe, Ramp, and Rho—has its strengths. Stripe excels in payment processing, making it ideal for ecommerce and SaaS businesses. Ramp offers robust spend management and corporate card solutions, perfect for startups and mid-market companies.

This is where Rho comes in. We provide an all-in-one platform that integrates banking, spend management, and treasury services. Our zero-fee structure, 24/7 private banking support, and up to 2% cashback¹ make us a cost-effective and comprehensive solution for businesses of all sizes.

Make the Smarter Choice with Rho Today

Curious to see what Rho can do for you? Discover how our platform can transform your financial management. Get started with Rho today.