Top 5 Alternatives to Paypal

10 Total Score
Top 5 Alternatives to Paypal

In this article we share with you the top 7 Paypal alternatives that you will love!

User Rating: 5 (1 votes)

Paypal Alternatives

PayPal has become somewhat of a standard when it comes to online payments and is very widespread. It’s not that it is the cheapest or even the best online payment option out there, it’s that people have gotten used to it and aren’t really aware of the alternatives. You might be wondering why you shouldn’t just stick with what you know and go for PayPal, after all it’s what nearly everyone uses. The main reasons for looking at Paypal alternatives would be competitive pricing and ease of use.

Another point against Paypal is that not everyone from around the world can use it, which cuts you off from several different markets. In this article we share with you the top 7 Paypal alternatives that you will love!

Top 5 Alternatives to Paypal

Payoneer

Paypal Alternatives

Payoneer provides you with an online account and a PrepaidMaster card with a fixed activation fee. You can load money onto your account, receive and send payments as well as shop online and in any store that accepts major credit cards and withdraw cash form ATM’s.

PROS:
  • Quick and easy account set up
  • Seamless and straightforward transactions
  • Can be used around the globe
  • Is supported by major freelance platforms like oDesk

CONS:
  • High fixed account maintenance and ATM withdrawal rates
  • Fees involved in bank account transfers unlike similar services where this is free
  • Hit and miss customer service


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Skrill

Formerly known as Moneybookers, Skrill provides you with an online account that is fairly quick to set up and easy to use. You can send money to other users and receive payments, buy items online and they send you a prepaid debit card which you can use for payments stores or ATM withdrawals.

PROS:
  • It’s fast and easy to set up an account
  • You can use it anywhere in the world
  • Works with a number of major currencies
  • Has a reasonable flat fee for transfers (1% and limited to 10 euros max)
  • It’s fairly secure

CONS:
  • Stringent fraud prevention policies can cause problems like freezing accounts
  • Poor customer service which makes it difficult to resolve problems quickly


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Google Wallet

As far as storing all your debit and credit cards for quick and easy use goes, Google Wallet has proven to be a great option for many people. It is essentially an online wallet that contains your different cards, and it also has a card that you can use for in-store purchases.

PROS:
  • Very safe and secure
  • Make payments from your smartphone
  • Easy to receive and send money

CONS:
  • Only available in the US
  • Sending money and topping off your balance from your credit card carries a 2.9% fee


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Stripe

Paypal Alternatives

With Stripe you can accept payments from customers through use of a buy button that allows the transaction to happen on the same page, much like with Selz. There is a flat transaction rate of 2.9% + 30 cents and it is integrated with the most popular shopping cart options.

PROS:
  • Automatically deposits to an outside bank
  • Accept payments from all over the world
  • Mobile payments

CONS:
  • Will have to wait for a week after a transaction to collect your funds
  • Requires some programming skills
  • Only available for merchants in US, Canada, UK, Australia and Ireland


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Payza

Paypal Alternatives

Online purchases, sending and receiving cash and sending out invoices are a breeze with Payza, formerly known as AlertPay. The service is geared towards both private users and companies, and has shopping carts and buy buttons that can be integrated with a website.

PROS:
  • Receive money from around the world in a variety of currencies
  • Offers shopping cart integration
  • Good security
  • Reasonable fees that wary from country to country
  • Online and offline purchases with prepaid credit card

CONS:
  • A lot of people experience processing and verification issues
  • Not the best customer support service


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10 Total Score
Top 5 Alternatives to Paypal

In this article we share with you the top 7 Paypal alternatives that you will love!

User Rating: 5 (1 votes)

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