Yes, there are many differences between Stripe and Lago. Here are some of the most common:
Lago is completely agnostic of payment providers, meaning you can use any payment service provider (PSP) with it, whereas Stripe requires the use of its entire stack.
Lago is event-based, making it easy to ingest a high volume of usage-based components. This eliminates the need for users to manually bill their own usage-based billing aggregation on top of Stripe.
Lago is open-source, so there is no revenue taken as a cut. For its fully cloud-hosted version, Lago prices a platform fee and tiers on usage-based events, making it more scalable for high-volume companies. Additionally, its open architecture allows for full customization to fit your needs.
Lago is completely agnostic of payment providers, meaning you can use any payment service provider (PSP) with it, whereas Stripe requires the use of its entire stack.
Lago is event-based, making it easy to ingest a high volume of usage-based components. This eliminates the need for users to manually bill their own usage-based billing aggregation on top of Stripe.
Lago is open-source, so there is no revenue taken as a cut. For its fully cloud-hosted version, Lago prices a platform fee and tiers on usage-based events, making it more scalable for high-volume companies. Additionally, its open architecture allows for full customization to fit your needs.