Best PayPal Alternatives: PayPal is one of the best way to transfer money. Whether you own an online business, blogger or freelancer who makes a living online, PayPal is of great use for us.
Most of the organisations and businesses around the world are already using it for online transactions. With it you can easily send & receive money to your friends and family members in any other country.
Whether you want to purchase goods & services, PayPal seems to be best for this. Its transactions are always highly secure.
Everything has some upsides and downsides. Similar PayPal also has some downsides which can let you to avoid it. It They can easily block your account without any proper valid reason. In some countries, PayPal is not available for use.
They also have some country-based restrictions. It charges a high amount of fees for international transactions.
Looking at the downsides of their service, you will surely need some good PayPal alternatives.
Below are some of the best alternatives to PayPal for hassle-free online transactions.
List Of Best PayPal Alternatives
If you are not using PayPal then you can use these below listed PayPal alternative services from start.
TransferWise is among the best PayPal alternatives. It is a London-based financial service company launched in 2011. It allows you to send & receive money anywhere in the world.
If you mostly deal in international online transactions then TransferWise is the best option for you. It allows you to do transactions at real exchange rate. They charges very low amount of fee as compared to Bank fee.
You can also use their service on Android and iOS mobile platforms. It also allows you to track the track transfer with mobile apps and website.
Its Borderless account feature is of great use for business. With it, businesses can do transaction across different countries with minimum transaction fee.
Skrill is another great alternative to PayPal. It also you to send & receive money with the main focus on minimum international money transfers. The company is based in London, United Kingdom. With it you can easily do money transfers at low transaction fee.
They also have solid security for online transactions. The Skrill account can be used anywhere around the globe. You can instantly move the funds from your Skrill account to bank account.
The company also provides a Prepaid Mastercard linked with your Skrill account. The money in your Skrill account can be easily withdrawn from that Prepaid Mastercard.
If you are Affiliate Marketer, Freelancer or an Online seller, Payoneer is considered to be the best option in place of PayPal. With it, you can easily send and receive in to bank account. It has almost four million users in 200+ countries.
They also supports more than 150 currencies with cross-border payments.
The company provides $50 as bonus when you have done transaction of $100. Payoneer works with various companies like Airbnb, Amazon, HomeAway, GettyImages, CJ Affiliate, Google and many others.
Stripe is another US-based company that allows you to accepts online payments. They accept VISA, Mastercard, American Express, Discover and JCB in more than 135+ currencies.
Bitcoin, ACH Debits and Bitcoin are accepted by Stripe. With it, you can accept payment in 25 countries Australia, Austria, Belgium, Canada, Netherlands, New Zealand, Norway, Singapore, Ireland, Japan, United States, United Kingdom and more.
With it, mobile payments are also available.
2Checkout is considered to be one of the best PayPal alternative for merchants. It enables merchants to accept mobile and online payments from buyers worldwide.
They support all global debit, credit cards like VISA, Mastercard, JCB, American Express and more in 87 currencies with 15 languages. They applies more than 300 fraud protection rules to make online transactions highly secure.
It can easily integrate with various online shopping carts like Shopify, 3DCart, Magento, ZenCart and more. For home currency conversion, they will charge you an average fee of 2-5%.
They also provides excellent support.
If you are running an online store then you should consider Authorize.net as PayPal alternative. It is also one of the best payment gateway in the world.2
You can send and receive money to your friends and family. It can only be used by online stores for accepting payment.
They provide reliable customer support 24×7. Also the security of all online payments are excellent. More than 4,40,000 merchants around the world are using it.
Some of their other features includes advanced fraud detection suite, customer information manager, automated recurring billing and more.
7. Google Wallet: Best PayPal Alternative For Personal Use
As the name suggest, Google Wallet is the service developed by “Google”. It is considered to be best alternative to PayPal for personal use. With it, you can easily send and receive to you family and friends. This service is only available in United States.
While setting up your account, you should link your debit card or bank account. It also features 24/7 fraud monitoring.
All you need is the mobile app of Google Wallet which is free. Its mobile apps for android and iPhone are available for users. You can also this service from Gmail.
Amazon Payments is online payment service from Amazon.com. The customer of Amazon can pay with their account on external merchant websites. For payment, it uses payment methods stored in the Amazon account.
The service is available in U.S.UK, France, Germany, Italy, Japan, Spain and India.
As Amazon is a trusted and reputed company, you don’t need to worry about the security of the online transactions.
Sending and receiving money on Amazon Pay is free. But you will charged the transaction fee for withdrawing the amount from debit card or credit card.
So these are the best PayPal alternatives. All these online payment services are from reputed and trusted company. Your choice of any PayPal alternative should be based on transaction fee and geographical availability.
First of all you should know what features you need in an online payment service?
Now go and enjoy one of these PayPal alternatives.