Adyen vs Lemon Squeezy

Adyen is a global payments company founded in Amsterdam in 2006 by Pieter van der Does and Arnout Schuijff, and listed on Euronext Amsterdam since 2018. Adyen runs its own acquiring, processing and risk stack in one system, so a merchant gets one contract and one report for card payments, local payment methods and in-store terminals across many countries. Customers include Uber, Microsoft, eBay and OpenAI.

The platform covers online checkout through Drop-in and Components SDKs, point-of-sale terminals, Tap to Pay on phones, RevenueProtect fraud scoring, network tokenization, payouts, and Adyen for Platforms for marketplaces that onboard and pay sub-merchants. Pricing is published and usage-based: a fixed $0.13 processing fee per transaction plus a payment method fee, such as Interchange++ plus 0.60% for Visa and Mastercard. There are no setup or monthly fees, though a minimum invoice can apply depending on industry.

Adyen fits large retailers, travel and mobility companies, and marketplaces processing high volumes across several regions, where unified data and acquiring margins matter. It is a poor fit for small shops: onboarding is sales-led, integration needs developers, and support is tuned for enterprise accounts. Stripe is easier for startups and SaaS billing, PayPal brings consumer wallet reach, and Square suits small in-person sellers.

Adyen keeps growing: H1 2026 net revenue was about EUR 1.3 billion, up 19% year on year, and in July 2026 it completed the acquisitions of Talon.One (loyalty and promotions) and Orb (usage-based billing).

Lemon Squeezy is a merchant of record for software companies, indie developers and creators selling SaaS subscriptions, apps and digital products. As merchant of record it is the legal seller of each transaction, so it calculates, collects and remits sales tax and VAT worldwide, handles fraud and chargebacks, and pays you out, removing most of the compliance work of selling globally. Stripe acquired Lemon Squeezy in 2024.

The product includes hosted checkouts and an overlay checkout with localized pricing, subscriptions with trials and proration, usage-based billing, license key generation with an activation and validation API, a customer portal, discount codes, an affiliate program and built-in email marketing. Official SDKs and starter kits for Next.js and Laravel, plus webhooks and Zapier, make it quick to integrate. Pricing is a percentage plus a fixed fee per transaction with no monthly charge, and extra fees apply to international cards, PayPal and subscription payments.

Lemon Squeezy fits indie hackers and small SaaS teams that want to start charging globally in an afternoon, including sellers in countries where Stripe is not directly available. Fees are higher than using Stripe directly, its roadmap now depends on Stripe's plans, and invoicing depth is lighter than Paddle. Polar is an open-source alternative with lower fees, Paddle serves larger SaaS companies, and Gumroad suits creators selling simple digital downloads.