PayPal is probably the most well-known and reliable online payment service for individuals and companies around the world to quickly and securely send and receive payments electronically.
You can use it to send money to family and friends, buy products online, or receive payments from individuals and online companies or websites that pay you for services you provide or tasks you do.
Although it is easy to get started on PayPal, you may need a PayPal alternative for various reasons.
For example, you may need services like PayPal if PayPal is unavailable in the country that you are currently in, you or your customers have had a bad experience with PayPal, or you want to reduce costs.
Your PayPal account could be blocked or suspended too. So, if you need services and apps like PayPal, below we will look at the 12 best PayPal alternatives that will make your life easier.
- 1 12 Best PayPal Alternatives:
- 1.1 1. Venmo
- 1.2 2. Dwolla
- 1.3 3. Google Pay (formerly Google Wallet)
- 1.4 4. Payoneer:
- 1.5 5. Skrill:
- 1.6 6. Payza:
- 1.7 7. 2Checkout
- 1.8 8. WePay
- 1.9 9. ProPay:
- 1.10 10. Intuit:
- 1.11 11. Cash App (formerly known as Square Cash):
- 1.12 12. TransferWise
- 2 Which Online Payment System is the Best?
12 Best PayPal Alternatives:
Although PayPal is one of the most popular online payment services to send, request, and receive money, if you or some of your potential clients cannot, or will not, use PayPal, you may need other online payment services like PayPal. Let’s get started.
If you are looking for a fast and reliable peer-to-peer payment solution, Venmo is one of the best options out there. It is typically used by people to send money to their contacts.
You can use Venmo to accept payments from peers and quickly transfer those to your bank account(s) or debit card(s).
Collecting your money in your bank account is free, but for instant transfer, you will be charged a 1% fee. You can also leave money in your Venmo account.
More about Venmo!!!
One of the advantages of using Venmo is that there is an excessive chance that the other person is using the same wire for getting or receiving money.
Venmo is considered as one of the vastly used peer-to-peer mobile app. It allows you to share money in a great smoothness.
If you want to get or send money, all you need to do is to install this app on your android, iOS phone.
Venmo requirements include getting information about your friends who your friends are. This app extracts your friends that use this app from your contact list.
Moreover, you can also invite your friends. You can now use Venmo to pay the bills of some online stores.
Venmo is also up to introducing some new features in features as well. These include the Venmo card, custom animated stickers, some business features, and also direct deposits.
Venmo is best for you if you are only interested in looking for a personal payment service online.
It is free to send money from your bank account or collect money in your bank account. But, if you pay with your credit card, there is a 3% fee.
Do they have an app?
The Venmo app allows you to send and receive payments by any mobile device.
Payoneer is an online payment platform available in over 210 countries around the world. It is more like a bank and has gained popularity worldwide.
Once you sign up for a Payoneer account, you can apply for a Payoneer Prepaid Mastercard to receive payments from the leading online marketplaces.
Payoneer also offers receiving bank accounts via the Global Payment Service.
You send customers the details of your receiving accounts which allow you to receive local bank transfers from companies and marketplaces in countries like the US, UK, Canada, Australia, Germany, Japan, and Mexico directly to your Payoneer account.
If you are a service provider or supplier and cannot use or will not use PayPal to collect payments from your potential customers, you can invite them to register on Payoneer.
Your customers will then be able to pay via credit card, an e-check, or the customers’ Payoneer account. Or, if you want to make payments to your potential service providers or suppliers who cannot or will not use PayPal, then you can invite them to register on Payoneer by simply entering their email.
The service providers or suppliers will then be able to register and collect their payments.
Payoneer is the best online payment service for online freelancers and online sellers. Sending and receiving payments between Payoneer users are completely free of charge, so it is best for those who want to save money on online transaction fees.
If you have a Payoneer account, you can pay other Payoneer customers or receive payments from other Payoneer customers anywhere in the world for free. There is a 3% fee for processing payments via a credit or debit card.
Do they have an app?
You can manage your global payment options on the go with the Payoneer mobile app.
Skrill is one of the best PayPal alternatives for those people who cannot (or will not) use PayPal to send and receive payments. Skrill allows you to receive funds from anyone directly into your bank account, mobile wallet, or Skrill wallet.
You can use your email address, mobile number or bank account details to receive money from your family, friends, or clients. Skrill is fairly quick to set up and easy to use.
You can receive payments, send money to other people, and make purchases online with Skrill. To send money with Skrill, all you need is an email address or mobile number.
You can use stored cards linked to your Skrill account, or your account balance to make payments. Users from EEA countries can apply for Skrill Card (Skrill Prepaid Mastercard).
They can use it to have instant access to their account balance, use it abroad anywhere Mastercard is accepted, and withdraw funds at ATMs worldwide.
You can move funds from your Skrill account to your bank account instantly or withdraw money from your Skrill account to your Visa card or Mastercard, depending on your location. People can send money to a bank account in 45 countries.
In many countries where PayPal is unavailable, Skrill is considered as one of the best alternatives to PayPal for freelancers or online service providers to collect payments for tasks they do. It is also best for people who cannot or will not use PayPal to make payments to freelancers or suppliers.
The fees are low compared to other online payment options. No transfer fee when you send money directly to a bank account. If you use the Skrill Prepaid Mastercard, there is an annual fee (€10), 1.75% ATM fee, and 3.99% foreign exchange fee.
Do they have an app?
You can access your money wherever you are using the fast, secure and easy-to-use Skrill app. The app is available for both iOS and Android devices.
Payza is an international payment service that allows you to send or receive instant payments. Using Payza, you can get paid by your clients or customers for tasks you do, make payments online, instantly send money online, and shop online.
You can send money to anyone in over 190 countries and 25 currencies using your credit or debit card, or your Payza e-wallet.
Want to sell online? You can then integrate Payza payment buttons into your website to accept payments online quickly and securely from your customers.
Payza shopping cart modules allow you to accept easy and secure payments. Send invoices to your customers using their email address for an item or service to get paid online, quickly and easily.
More About Payza!!!
Moving on to the next category that is known as Payza, if you look at it. It will look exactly like PayPal when you first see it.
The features, marketing tactics methods use to transfer money is the same as the father company.
One of the advantages of Payza is that it is available in 191 countries and 21 different currencies.
Like its father company, it also offers its customers two divided services one is consumer mobile wallet and the other includes merchant services.
Consumers can pay from the Payza wallet to merchants also they can use their bank accounts or any other local option that is totally on them.
When you signup for the Payza account it will make you choose between three different options.
That is the starter one, the personal and the business. All three are free but the starter does not need any form of verification.
If you cannot use PayPal or other better PayPal alternatives like Payoneer and Skrill, Payza can be the best online payment option for you to send or receive money or shop online.
Sending money online is completely free. There is a 1.2% fee if you want to receive funds in BTC. If you want to pay with a credit card, there is a 3.5% fee. Payza does not charge any activation and yearly fees.
Do they have an app?:
Using ProPay, businesses of all kinds can accept credit card payments and process ACH processing, or pay their suppliers and affiliates in more than 180 currencies across 35 countries using payment methods like debit cards, ACH, and more.
If you run a business, you can make payments quickly to your employees.
If you are a service provider, affiliate marketer, or sales representative, you can accept funds from clients and transfer the funds directly to your personal bank account.
The funds are withdrawn with a ProPay Prepaid Mastercard or can be transferred directly to a US checking account.
More About Propay:
Next is ProPay which is indeed an innovative and secure alternative to PayPal. The advantage of this one is that it offers different tools and competencies for an extensive range of industries.
It is also used not only by direct sellers but also by software benefactors, online sellers, and whatnot.
Another feature of ProPay is that it offers you a mobile payment solution that makes it easy for several companies, businesses, sellers, and consumers.
One of the mobile solution that ProPay include is that its mobile card reader that is known as ProPay JAK
The slog of ProPay JAK is it is linked with your smartphones and through this, you can easily make the transaction that means the user can easily accept any kind of payment from their devices at any place at any time.
Another prominent and attractive feature of ProPay is that you can send it back which means you can reimburse for the wholesale purchases directly from your account.
This feature helps the wholesaler to save money because ProPay helps them reducing the cost of wholesale orders and that is pretty much interesting.
If you are an affiliate marketer, ProPay can be a better PayPal alternative to accept payments online.
ProPay charges flat low annual fees for different plans, starting at $39.95 (annually). There are no minimum monthly purchases.
Do they have an app?:
ProPay allows its users to accept credit and debit card payments anytime, anywhere by using their free, easy-to-use app available on the Apple App Store or Google Play Store.
Intuit is the parent company of QuickBooks, TurboTax, and Mint, specializing in small business accounting and personal financial management services. It also offers payment solutions via Intuit QuickBook Payments.
There are many ways to get paid by QuickBooks Payments. It allows you to send invoices online and accept credit card payments and ACH bank transfers.
You can also take mobile payments by keying in your customer credit or debit card numbers to take payments from anywhere or accept payments on the go by using a free mobile card reader that lets you swipe and accept credit and debit cards. You can also accept recurring payments.
It is best for small businesses and professionals to invoice clients and accept payments online, by phone, or on the go with a smartphone.
There is a monthly fee, starting at $20 per month.
Do they have an app?:
You can use the QuickBooks app to accept online and mobile payments.
Which Online Payment System is the Best?
If you want to know which online payment system is the best for you, it depends on your particular circumstances.
If you are a freelancer and looking for the best PayPal alternative, Payoneer is a great option for you. For personal payments, Venmo is probably the best choice.
If you are a business owner, TransferWise may be a better option than others in the list of PayPal alternatives for business transactions. For eCommerce payment transaction, 2Checkout is the best choice.
So, which online payment system is the best depends on what you want to use PayPal alternatives for. Whether you are a small business owner, online seller, or self-employed professional (e.g., a freelancer), I hope this list of the 11 best PayPal alternatives will give you an idea about what each option has to offer.
There Is More!!!
Payoneer is the best alternative to PayPal. There are many advantages of using this mean and some of these are
They are widely available in more than 200 countries. Custom invoices are another advantage of it and allow you to request payments from several clients.
Customer support is the next feature that is considerable and attention-grabbing. Last but not least free payment between the Payoneer account is an important feature of it.
Everything has some advantages and some disadvantages so do the Payoneer. Some of the disadvantages of it are.
The costs you different types of fees, high card transaction fees are also a con of Payoneer.
But all in all, if you are an online seller and want to receive your money from the digital marketplace in return for your goods then guess which one is best for you.
Yes, it is Payoneer that will work for you. if you are a freelancer then this one is best for you to receive payments from clients that are not from your country.
Best Alternative to PayPal for eBay?
Although PayPal is owned by eBay, it is not the only means of payment on eBay. The biggest online auction site eBay offers several alternative payment options to buyers and sellers.
Skrill, Paymate, and ProPay are accepted on eBay to make payments without registration. Escrow is another payment method accepted on eBay. It is commonly used and recommended to use for high-priced items. Another option is merchant credit cards. Pay on Pickup and Certain other payment methods are accepted by eBay in some cases.
So, if you are interested in selling online via eBay, but you cannot or will not use PayPal, there are options out there. Some of the most popular alternatives to PayPal are Payoneer, Venmo, and Square.