This question is commonly asked by those in the custom web development service companies who are not familiar with both of these technologies. The fact is that if you are required to accept online payments for your business, then you should go with an effective payment processor, such as Stripe. When it comes to WooCommerce, this is primarily considered a platform that lets you build your online store and manage your products. It is important to highlight here that WooCommerce depends on Stripe or any other gateway to handle transactions.

With WooCommerce Payments, you get a facility that presents a streamlined setup process in the WooCommerce dashboard. However, it is important to highlight here that this may limit your access to specific Stripe functionality and features. If you plan to learn more about this, then it will be better to consult with an expert who has a good degree of knowledge regarding your business and the way in which you plan to use WooCommerce Payments powered by Stripe.

A short and simple answer to this question is Yes. Note that Stripe has a PCI-compliant payment processor that has quality security measures which will safeguard your customer-related financial data.

It is generally considered that WooCommerce Payments presents an easier setup within a given WooCommerce dashboard. However, let’s say that you need more customisation and control over your payment processing. In this case, it is very likely that going for a standalone Stripe is the best choice for you. Regardless, let’s say that you feel confused regarding the technical setup process. In this case, it will be better for you to consult with a professional.

WooCommerce Payments and Stripe support international transactions. However, Stripe could offer a better degree of competitive foreign exchange rates and features that are particularly meant for businesses present across the globe. Feel free to do your own analysis of both Stripe and WooCommerce in great detail.