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Stripe tops PayPal in 2025 payment volume while Adyen wins enterprise pricing at roughly 0.6%
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A 2026 enterprise payment processor comparison shows Adyen's interchange-plus pricing at roughly 0.6% + €0.11 significantly undercuts Stripe's default 2.9% + 30¢ and Braintree's 2.59% + 49¢ at scale, even as Stripe passed PayPal in total payment volume for the first time.
For merchants processing above roughly $2M per year, the choice between flat-rate and interchange-plus pricing can mean millions in annual fee differences. Stripe justifies its premium with developer tooling and embedded-finance features for platforms, while Adyen's lower take rate suits large omnichannel retailers whose margins demand it.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Stripe processed $1.9 trillion in 2025, up 34% year-over-year, passing PayPal's $1.79 trillion in total payment volume for the first time.
At $500M annual volume with a $120 average order value, Adyen's interchange-plus pricing saves roughly $3M per year compared to Stripe's flat 2.9% + 30¢ rate.
Stripe wins for software platforms and marketplaces via Connect and embedded-finance tooling; Adyen wins for global omnichannel retail; Braintree differentiates on native PayPal and Venmo acceptance.
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