With its powerful tools and checkout solutions, Stripe has become a leading payment platform for online businesses worldwide. While it is widely used by e-commerce companies and digital platforms, businesses today look for complementary or alternative providers that better match their specific needs. Especially when it comes to multi-currency accounts, cross-border payments, debit cards or tailored SME solutions, several other options exist that can serve as strong alternatives to Stripe. This article explores the best providers similar to Stripe in Switzerland.
What is Stripe known for?
Stripe is primarily designed for e-commerce platforms and online marketplaces, as it provides developers and businesses with easy-to-integrate payment solutions. Its core strengths lie in its robust API, checkout experience, and wide compatibility with online platforms.
With Stripe, businesses can accept payments in multiple currencies, manage subscriptions, and automate billing. Thanks to its extensive integrations, Stripe has become a preferred solution for many online businesses worldwide, especially those looking for a robust digital payment infrastructure.
Why do companies look for a Stripe alternative in 2025?
While Stripe remains popular, certain drawbacks make it less attractive for internationally active Swiss businesses.
- Payout restrictions: Local payment schemes only available in select regions
- High cross-border fees: 1.50 USD, 1.50 GBP, or 1.50 EUR per payout, plus 0.25–1.25% of the transaction amount
- High FX fees: +1% for US senders or 2% for non-US senders
For Swiss SMEs, these costs and restrictions quickly add up, which makes a possible Stripe alternative with better multi-currency management and advanced cross-border capabilities more appealing.
[H2] Top Stripe alternatives
Several providers similar to Stripe serve the Swiss market with tailored solutions for international payments and multi-currency management. The following sections give a comparison across key features.
| amnis | Stripe | Wise | PayPal | Payoneer |
| Main target group | Internationally active SMEs | eCommerce & online businesses | Freelancers & SMEs | Individuals, eCommerce, enterprises | Freelancers, marketplaces, eCommerce |
| Multi-currency features |
| Multi-currency account | Yes | Yes | Yes | Yes | Yes |
| Multi-currency debit cards | Yes | No | Yes (additional 4 CHF per each card) | Limited | Limited, additional fees for first card |
| Recurring currency exchange | Yes | N/A | Yes | N/A | N/A |
| FX fees | Starting from mid-rate +0.20% | +1% for US senders or 2% for non-US senders | Depending on region, amount and currency | Up to interbank rate +4% | Interbank rate +0.5% |
| International Transactions |
| Access to local payment schemes | Yes | Limited | Yes | No | Limited |
| SWIFT payments | Yes | No | Yes | Limited | Yes |
| Global bulk payments | Yes | Yes | Yes | Yes | Yes |
| P2P payments | Yes | Yes | Yes | Yes | Yes |
| Currency Hedging |
| Spot transactions | Yes | Yes | Yes | Yes | Yes |
| Limit orders | Yes | No | Yes | No | No |
| Forward contracts | Yes | No | N/A | No | No |
| Foreign exchange rate alert | Yes | No | Yes | N/A | N/A |
| Integrations |
| 3rd party integrations | Yes | Yes | Yes | No | Yes |
| API | Yes | Yes | Yes | Yes | Yes |
amnis
amnis is a Swiss-based fintech designed specifically for SMEs managing international payments. Unlike Stripe, amnis focuses on cross-border efficiency with its multi-currency account, multi-currency debit cards, and advanced hedging options such as forward contracts and limit orders. It offers direct access to local payment schemes with low FX fees, which makes it especially attractive for businesses with frequent cross-border transactions.
Even better: amnis’ virtual IBAN accounts in multiple currencies, along with US and Canadian account numbers, can be added to Stripe just like a regular bank account – an ideal solution to avoid costly Stripe conversion fees and to reduce exchange rate risk without opening foreign currency accounts at your local bank.
Stripe
With approximately 1.35 million active websites in 2025, Stripe is one of the most established players in the digital payments space and has achieved strong market penetration worldwide. Stripe has become the go-to solution for many e-commerce platforms and online businesses, as its ecosystem of tools supports everything from subscription billing to marketplace payments.
Over the years, Stripe has built a reputation as a highly adaptable payments provider, which offers businesses a globally recognised and trusted solution to manage online transactions.
Wise
Wise is a popular choice for freelancers and SMEs with frequent international payments. Its strength lies in its transparent and low-cost FX structure. Wise multi-currency accounts and debit cards are widely used to hold, convert, and spend in different currencies.
The platform supports access to local payment schemes in many countries, which makes cross-border payments faster and cheaper. Additionally, Wise offers a user-friendly interface and a powerful mobile app with a flat learning curve.
PayPal
With over 30 million global merchants, PayPal is one of the most recognised and trusted online payment solutions worldwide. It is especially popular among eCommerce platforms and online sellers thanks to its fast setup, ease of use, and extensive customer base. PayPal supports multi-currency accounts and offers debit cards, which makes it easy for businesses to accept and manage payments across different markets.
On the other hand, its fees are relatively high compared to other providers. Nevertheless, its extensive global reach and integration with marketplaces make it a convenient, though costly Stripe alternative.
Payoneer
Payoneer is a leading global payments platform similar to Stripe with a strong adoption in Greater China, Europe, and Asia-Pacific regions. Its merchant services segment has grown substantially, mainly driven by expansion in markets such as China and Vietnam.
Payoneer supports multi-currency accounts, cross-border payments, and debit card solutions to help businesses automate operations, manage global teams, and reach new markets more efficiently.
amnis or Stripe – Which provider to choose in Switzerland?
For Swiss businesses, Stripe remains a leading choice for e-commerce platforms, while amnis offers efficient multi-currency management, transparent FX fees, advanced treasury tools, and spending solutions like debit cards.
That’s why amnis is a powerful complement to Stripe: With its local CHF, EUR, and GBP IBANs as well as domestic account numbers in USD and CAD, amnis is the ideal solution for receiving foreign currencies, while bypassing Stripe’s high FX fees and the need for foreign bank accounts.
amnis – The smart add-on to Stripe for Swiss SMEs
Swiss companies using Stripe can now extend their global payment capabilities with amnis – the smart add-on designed for growing and internationally active SMEs. With multi-currency accounts, local IBANs, and transparent FX starting at interbank rates +0.2%, amnis makes cross-border payments effortless and cost-efficient.
The platform connects seamlessly with Stripe and existing finance systems through API and multiple integrations, enabling end-to-end automation across payments, expenses, and reporting. Businesses gain real-time control over all accounts and cards in one dashboard – with 24/7 self-service, a free peer-to-peer network, and local Swiss support.
Built on Swiss reliability and European reach, amnis empowers finance teams to save time, reduce costs, and scale globally – without changing their existing banking setup.
