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Stripe. ★★★★★. ★★★★★. (1) Stripe is an online payment processing software platform for Internet businesses. Ecommerce stores, software as a service (SaaS) developers, non-profits, and other types of companies use Stripe to collect and process payments for online retail purchases, subscriptions, donations, and more.. Square readers connect to any iPhone, Android phone, or tablet to accept payments from just about anywhere. And our favorite Square credit card reader is the $49 Contactless and Chip Reader. It's light, it's compact, and it can accept EMV chip cards and NFC payments.