PayPal Alternative – PayPal is a very popular payment gateway amongst freelancer which means it is an easy way to make payment to your serviceman or get paid by your client. But one of the many issues PayPal face is it restriction on some many top countries like Nigeria, Angola, Armenia, Azerbaijan Republic, Belarus, and some other top countries. This automatically means any freelancer can’t get paid using paypal if they are from any of the aforementioned country.
I was once faced with a related issue like this after offering a web design service to one of my client from Azerbaijan Republic when it was time for payment I couldn’t get paid with paypal which was our agency primary means for getting paid. I had to have the payment delayed for another week which I used to make some proper research on the best paypal alternative and I could finally arrive on this 10 means of getting paid.
This article is a random recommendation of the best 10 PayPal alternative or sites like PayPal that you can use to get paid and or receive payment from any part of the world.
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Payoneer is one of the best and very popular payment platforms in the world. It started around the same time as PayPal, it also operates in over 200 countries. Payoneer has two types of accounts: one that is free and allows for money withdrawal directly into your bank account. The other account calls for a prepaid card that is only available to individuals and costs $29.95 a month. Payoneer charges a transaction fee of $1.50 for local bank transfers.
Payoneer also provides a service called Billing Service that allows for a business set up for requesting payments from customers. This is a 3% fee for credit cards and 1% for debit cards. Payoneer is a strong alternative to PayPal that provides a lot of functionality and services for both individuals and businesses.
It is no fluke that TransferWise dubs itself as a cheaper way to send money internationally and is a fantastic PayPal alternative if you make lots of international transfers. Transferwise claims to provide the “real” exchange rate, without inflating it with additional unseen fees. In one transaction of $2,000, TransferWise cost a UK recipient £106.47 which is way less than PayPal. For a USD to EUR transfer, TransferWise charges at 0.6 percent of transaction amount, plus $1.00.
Well that’s not all. The service’s Borderless account provides users with a debit card, allows you to manage money in more than 40 currencies, run payroll, batch payments, charge clients, and more. Plus, with Transfer Wise for business, you’re able to invoice your customers in their own currency.
Venmo is a mobile payment system and a digital wallet that allows users to send money to their contacts. It’s somewhat personal as it is intended for transactions between people who know each other personally. It’s not meant for paying bills or other transactions. With Venmo, it’s free to send money from your bank account, but if you pay by credit card there is a 3% charge.
Venmo is typically used to send money to someone you know personally instead of writing them a check. For example, when I shared a hotel room with my friend, she connected with me on Venmo and transferred $60 (half of the hotel room) to me. Since both of our bank accounts were connected to our Venmo accounts, she just had to connect to me on Venmo and click to transfer money It was effortless.
However, some small business owners accept it as payment and this even makes it a better considerable paypal alternative.
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2Checkout is one of our favorite PayPal alternatives, mainly because it’s all about accepting payments globally. As we said a bit about PayPal in the introduction, you’re still somewhat limited to the countries you can accept payments from through PayPal. 2Checkout looks to change that. The fees in the US are exactly the same as PayPal, but we’ve found that other countries enjoy better rates when accepting payments from customers.
Unlike paypal 2checkout accept major payment methods including credit cards, debit cards such as Visa, MasterCard, Maestro. You have over Choose from 87 currencies, eight payment types, and 15 language, It also allows you setup recurring billing for your customers And not to forget that each transaction goes through a 300 security rules check for fraud protection.
Stripe has quickly become one of the most popular PayPal alternative and one of the most popular payment gateways. Unfortunately, it is only available in select few countries. The best part about using Stripe is lower fees, ease of use, and seamless integration into popular WordPress eCommerce platforms like WooCommerce and Shopify.
If you don’t want to setup a complete online store, then you can create a simple form with WPForms to collect payments via Stripe from your clients. Stripe fees vary depending on which country you are in. For the United States, they have a fixed 2.9% + 30¢ fees for any successful credit card charge.
6. Google Pay
Google pay service is available for everyone to integrate Google pay with their existing website, e-commerce store, app and more. Implementing Google pay is easy with any kind of website or services that you offer or you can use ready-made integration for services like Shopify, WooCommerce, Stripe, Square to name a few.
It accepts and offer Payment method of Credit card, debit card, Bank transfer, UPI and it charges a credit card fees of 2.9% for every deposit you make not to forget it ZERO fee for bank transfer and a withdrawal time of 1-3 days. Honestly if you are looking for a long term solution to paypal issuers then I think google pay is a worthy paypal alternative.
7. Amazon Pay
Amazon Pay was Launched as a subsidiary of Amazon, formerly called Amazon Payments is a third-party processor specializing in online payment processing. Unlike PayPal, Amazon’s payment processing is conducted online, which means that customers won’t have to leave your website to complete their payment. This is known to increase the likelihood that a customer will complete a sale. What’s more, Amazon is a trusted name among consumers, thus allowing your customers to make payments with confidence.
Amazon Pay also integrates with 29 eCommerce providers — you’ll have no shortage of choices for online sales. We like that Amazon Pay supports recurring payments and automatically renewing subscriptions. We also like Amazon’s Seller Central dashboard, as it allows you to manage your chargeback claims, view sales reports, and more, all from one central location. Amazon Pay even lets your customers make purchases through their Alexa devices!
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FastSpring is an ecommerce payment solution that touts its ability to increase conversions by focusing on localized payment processing. FastSpring currently accepts over 20 unique currencies through popular payment methods in 15 different languages. The checkout language will automatically update based on the shopper’s location.
One of FastSpring’s most important features is its ability to process payments more efficiently. Unlike some payment processors, FastSpring will reroute transactions automatically to other participating banks and try the transaction again if the first one fails. FastSpring offers both a fixed fee model with 8.9% flat fee per transaction or a variable model that adds a fee based on 5.9% of the total transaction + $0.95.
Dwolla is another paypal alternative to send and receive money. The payment gateway was Founded in 2008, as it began with a mission to transform the electronic payment gateway industry. Dwolla is best for recurring payments . Although their features are similar to Paypal or Venmo, their marketing strategy mostly focuses on the developer community. While keeping all the payment details and other user information private and safe, the platform gives a chance to the developers to scale the platform as required.
Dwolla is known for its excellent User Interface and focuses on delivering a good user experience on the platform. The Dashboard, has been praised for its concise summary of information that is shared for the user to look at. It not only gives you a quick look at all the payments made, and transactions processed but also an overall view of the business trends. Here, you can manage users and see the payments they are a part of.
Authorize|ZN is a cool paypal alternative that offers small businesses wanting incredible customer support and security. Despite not being as large or well-known as some other PayPal alternatives, Authorize has its merits. The service is a subsidiary of Visa and has the best user support in the business – provided free, from real people, 24/7. The payment solution has also been repeatedly praised for its reliability and security.
Businesses will also be glad to know the service provides invoicing, recurring billing, point-of-sale checkout, and a robust API. The interface is intuitive, and the service also integrates with other payment providers, such as Visa Checkout, PayPal, and Apple Pay.
However, this PayPal alternative isn’t particularly good for personal use as you don’t have the ability to send and receive payments from family and friends. It pricing plans start at $25 per month gateway fee, and 2.9 percent plus $0.30 per transaction.