Lightspeed Payments vs PayPal Invoicing

Lightspeed Payments

6.1 #34 in Payment Processing Software

About Lightspeed Payments

PayPal Invoicing

7.1 #52 in Point-of-Sale Software

About PayPal Invoicing
Lightspeed PaymentsPayPal Invoicing
Free planNoYes
Paid fromFree
PlatformsAndroid, iOS, WebWeb, iOS, Android
Free planNoNo
Paid from89 /mo
Payment methodsCredit cards, debit cards, Visa, Mastercard, American Express, Diners Club, Apple Pay, Google Pay, ACH direct debitcards, PayPal, Venmo, ACH Direct Debit, Apple Pay, Google Pay, local payment methods
Recurring billingYes
Payment linksYes
In-person paymentsYes
Multi-currency supportNo
Payout scheduledaily
Local payment methodsPayPal, Venmo, credit and debit cards, digital wallets, bank transfers, vouchers, buy now pay later, cryptocurrency
Recurring paymentsYes
Recurring invoicesYes
Online paymentsYes
Payment remindersYes
Multi-currency invoicingYes
Reader requiredNo
Tap to PayYes
Offline paymentsNo
Payout timinginstant
Recipient methodsEmail, SMS, messaging apps, social media, and QR code
Transfer speedOften within one day of receiving an invoice
Mobile platformsDesktop, mobile device, and PayPal app
Supported currencies130
Marketplace paymentsYes
API and SDK coverageapi_and_sdk
Inventory managementYes
Offline modeNo
Employee permissionsYes
Hardware supportproprietary
Multi-location supportYes
Sales reportingYes

Listed together in Best Payment Processing Software