The Best Alternatives to PayPal

#1 Wise (formerly Transferwise

Ideal for: Individuals and service-based companies with high volumes of international transactions.

Wise is described as “a cheaper way of sending money internationally” and can be used if you have a lot of international transfers.

Wise claims it can provide the “real” exchange rates without adding any fees. Wise was cheaper than PayPal for a $2,000 transaction.

The Borderless multicurrency account allows users to use a debit card. It lets them manage their money in over 40 currencies and batch payments.

Plus, with Wise for business , you can invoice your customers using their own currency.

How can TransferWise charge such low fees to international transfers?

Let’s take an example: You want to send $1,000 to a friend in the UK. The $1,000 would be transferred to Wise’s American bank account. They would then send your friend the equivalent amount in British pounds using the real exchange rate.

The money doesn’t even cross borders. International transfers are also extremely quick because of this.

PricingOpening a new account is free. The fee to send money starts at 0.41%. Learn more.

Apps: iOS / Android

#2 – Google Pay

Ideal for: Fast, simple, and easy payments from a well-known company

Google Pay

Another popular PayPal alternative is PayPal Alternative

This is a quick and easy way to pay in apps, online, or in-store with cards that you have saved to Google account. You can add your debit and credit card details to your account and receive faster and more convenient payments no matter where you are.

Google Pay allows businesses to simplify the payment process for their customers.

Plus: Businesses can use Google Pay to send special mobile offers to customers and make recommendations.

The best thing? Customers and businesses can use this payment solution for free.

Pricing: Bank transfers and debit cards are free. Credit cards will be charged 2.9% of the transaction amount.

Apps: iOS / Android

#3 – Stripe

Ideal for: Businesses looking for an intuitive and flexible API (application program interface)

Stripe

This is an excellent alternative to PayPal, especially for online businesses.

They believe that payment problems are “rooted” in code and not finance, and consider themselves to be a “developers-first” company.

The service can be easily integrated and customized using the simple APIspan styling=”font-weight 400 ;”>. It’s not surprising that Shopify and other large digital business tools have great Stripe integrations. You can find more information about Shopify’s payment integrations here.

Accepting payments from anywhere in the world is possible. Stripe deposits money automatically into your bank account. Mobile payments are also available.

The down side? The downside?

Stripe’s flexibility and customizable nature are its strengths. This could pose a problem for people with limited programming skills.

Pricing: Stripe charges 2.9% of transaction value plus $0.30. (Learn More Here).

Apps: iOS / Android

#4: Payoneer

Ideal for: Small- to medium-sized companies looking for an all-around solution.

Payoneer

Businesses get paid faster and more securely.

This is especially useful for small to medium-sized businessesspan type=”font-weight 400 ;”>. This PayPal alternative focuses on specific market segments such as ecommerce and online advertising.

Payoneer offers a debit card that can be used with their online accounts. You can withdraw money from ATMs or banks worldwide.

This service is not like Stripe. It doesn’t require programming knowledge, and it takes very little time to set up an account.

Payoneer’s pricing system is also simple.

You will be billed monthly for your payment solution and transactions between Payoneer accounts are free.

Credit card transaction fees can be slightly more expensive than other services. You also have to pay a fee to transfer money to a bank account.

Pricing: All payments from Payoneer customers are completely free. Customers pay 3 percent for credit card transactions, while eChecks cost 1 percent. Learn more. )

Apps: iOS / Android

#5 – Shopify Payments

Best for: Ecommerce companies using Shopify.

Shopify Payments

Ecommerce businesses can accept credit and debit cards directly from Shopify without the need for a third party.

This tool is only available if your Shopify store is active. However, it’s worth keeping in mind if you want to make a move in ecommerce. Why?

This PayPal alternative makes it very simple for sellers to make payments .

It integrates with Shopify storespan styling=”font-weight 400 ;”>, easy to use and allows you to take all major credit cards. Shopify Pay allows customers to sign up for easy checkout.

Shopify Payments works also with Facebook stores . Pinterest Buyable Pins and Facebook Messenger are all supported.

You can also take credit card payments with Shopify.

Pricing: Shopify accounts start at $29 per Month. Credit cards are charged at 2.9 percentage plus $0.30. Learn more.

Apps: iOS / Android

#6: Authorize.Net

Ideal for: Small businesses that want exceptional customer support and security.

Although not as well-known or as popular as other PayPal alternatives it is still very accessible.

Authorize.Net

Each has its strengths.

This service is a Visa subsidiary and offers the best customer support – free of charge, 24 hours a day.

This payment solution has been repeatedly praised because of its reliability and security.

Businesses will be pleased to learn that the service offers invoicing, recurring bills, point of sale checkout and a robust API.

The interface of is simple and integrates well with other payment providers such as PayPal, Visa Checkout and Apple Pay.

This alternative doesn’t work well for personal use. You can’t send or receive payments from your family members and friends.

Pricing span style=”font weight: 400 ;”>: Plans starting at $25 per month gateway fee and 2.9 percent plus $0.30 each transaction. Learn more.

Apps: iOS / Android

#7 – Square

Ideal for: Businesses that sell in-person.

Square’s

Roots are in mobile point of sale transactions. However, you can also use this PayPal alternative to make online payments via invoice or on your website.

Point-of-sale is a great service that allows you to accept cash, cards, and gift cards. You can print receipts and send them to customers online. Sign up to receive your free reader.

You can also swipe cards from your phone without internet access.

This PayPal alternative offers invoicing, recurring payment, inventory management, payroll tools, and more.

Square checkout integrates with your ecommerce site and allows you accept online payments using a simple checkout process.

Pricing: Point-of sale transactions are charged at 2.75 per cent. Other fees may apply for transactions of different types. Learn more.

Apps: iOS / Android

#8 – Skrill

For: For those who trade in cryptocurrencies and play online games.

Skrill

It is very similar to PayPal but has a few unique features that make it an appealing PayPal alternative.

It is very easy to use the service.

Send and receive money, store card details for quicker purchasing, link your bank account and make payments using your email address.

You can also use the prepaid debit card provided by the payment solution to pay for your purchases anywhere in the world. It takes seconds to transfer money to your bank account.

Skrill was designed with cryptocurrencies like Bitcoin, Ether and Litecoin in mind. Skrill can also be used for online gambling or other games that require funds.

The service’s fraud prevention tools are similar to PayPal.

The main advantage is the low fees.

Pricing: Skrill charges 1.45 per cent plus $0.50 for sending and receiving funds. Withdrawing money from a bank account can be done free of charge. Learn more.

Apps: iOS | Android

#9: Braintree

Ideal for: Large corporations and businesses.

Braintree

It’s not a PayPal service but it’s worth looking into as an alternative to PayPal.

This payment solution is geared towards large companies, such as Uber, DropBox and GitHub.

The main advantage of Braintree’s focus on helping businesses reduce friction and “ improve conversions with seamless checkout experiences.”

Braintree allows you to accept online payments in over 130 currencies from more that 45 countries.

This service offers a variety of advanced features that PayPal does not offer.

The system also includes all the features that larger businesses would expect such as recurring billing hands on customer supportspan styling=”font-weight 400 ;”>. It integrates with PayPal and other major payment providers like Apple Pay or Google Pay.

Because is customizable, programming skills are required to integrate it into your website.

Pricing: The standard pricing is 2.9% plus $0.30 per transaction. However, custom pricing plans can be arranged upon request. Learn more.

#10 – Dwolla

Ideal for: For serious U.S-based businesses that receive a lot of bank transfers

Dwolla

This is a highly-sophisticated payment solution that can be used by fast-growing companies.

This PayPal alternative is very developer-friendly and can be integrated with your application. The API allows businesses to personalize the checkout experience with white labels.

These branding tools can be powerful but also easy to use.

Dwolla is a volume-oriented payment automation system that can send up to 5,000 secure payments from one API request.

Plus is extremely reliable with a 99.9 per cent uptime.

This also offers very strong security and a customer-focused team.

This payment solution is ideal if you need to send and receive large amounts of bank transfers. Automated Clearing House is an acronym for Automated Clearing House – these electronic bank-to-bank transfers span>

Dwolla can only be purchased in the United States.

Pricing: The Starting plan costs 0.5 percent of the transaction amount. There is a minimum of $0.50, and a maximum limit of $5.00. The Scale plan is $2,000 per month and custom plans are available upon request.

#11 – Quickbooks Payments

Ideal for: Freelancers or other service-based businesses that also require an accounting tool.

Quickbooks Payments

Intuit produced this payment solution. It works best when combined with their accounting software Quickbooks.

This PayPal alternative is for small business . It focuses on offering simple and intuitive financial tools that are quick and easy to use.

What can it do?

This tool allows you to create, send, and track invoices. It also lets you accept ACH bank transfers and set up automatic payment reminders.

Quickbooks can be linked to your bank accounts to simplify accounting and eliminate the need for you to enter data manually.

You can also connect your payments to payroll and timesheets

Pricing: Quickbooks Payments offers a variety of pricing plans to suit your needs. Basic pay-as you-go plans include free bank transfers and card payments at 2.9 percent plus $0.25. Learn more.

Apps: iOS / Android

#12: 2CheckOut

This is the best for businesses that require a single payment provider to work with multiple currencies, languages, and countries.

2CheckOut

Another great PayPal alternative that focuses on

international

transactions.

The service supports eight payment methods, including a staggering 87 currencies, 30 languages and over 200 countries. You should be able to accept payments from any country, no matter where your customers may live.

You can customize the checkout experience to suit your country.

You can also accept 45 payment methods.

2CheckOut charges US fees the same as PayPal, but they charge lower international transfer fees.

The security of Plus is high with over 300 fraud checks per transaction.

Pricing: 2CheckOut offers three pricing options depending on your requirements. Transactions charges begin at 2.9 percent plus $0.30. Learn more.

Apps HTML3_

#13: Amazon Pay

Best for: A trusted, all-around payment solution with brand appeal.

Amazon Pay

This is a great PayPal option, simply because your customers will be familiar with it.

Amazon customers can log in to their accounts and use their saved payment details to check out. This interface is the same one they already know and trust .

This allows you to speed up the payment process and reduce friction. This will likely increase your conversion rate.

Amazon Pay works on all devices. This allows you and your customers the ability to make payments from wherever you are.

The transaction fees and fraud protection are almost identical to PayPal’s.

To integrate the payment solution with your online shop and CRM ( customer relation management), you’ll need to have programming skills.

Pricing: Amazon Pay charges 2.9 per cent plus $0.30 to make domestic transactions in the U.S., and 3.9 per cent plus $0.30 to make cross-border transactions. Learn more.

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Summary – The Best PayPal Alternatives

PayPal is not without its strengths and pitfalls, but there are many great alternatives. These may have lower fees, or offer features that are more suited for different needs.

Here’s the final roundup of PayPal options, along with our thoughts about which payment solutions are best suited for each:

Wise : This is the best option for individuals and service-based companies that have high volumes of international transactions.
: Easy, quick and hassle-free payments from a trusted brand.
Stripe – Best for businesses who want an intuitive and flexible API (application program interface)
Payoneer : Ideal for small- to medium-sized companies looking for an all-round solution.
Shopify payments : This is the best for ecommerce shops using Shopify.
Authorize.Net : This is the best option for small businesses who want exceptional customer support and security.
Square span style=”font weight: 400 ;”>: Best if you are a business that sells in-person.
Skrill : This is the best option for people who trade in cryptocurrencies and play online games.
Braintree Best for large corporations and businesses.
Dwolla : This is the best option for serious U.S.-based businesses that have high volumes of bank transfer volume.
Quickbooks payments – This tool is ideal for freelancers or small service-based companies that also require professional accounting tools.
2CheckOut This is the best option for businesses who need to use one payment provider that can work with multiple currencies, languages, and countries.
Amazon Payment : This is the best option for a trusted, reliable payment solution that also has brand appeal.

Which PayPal option is most suitable for your needs? We missed a great option for payment? Please comment below to let us know!

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Author: Thomas J Law

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Table of Contents

The Best Alternatives to PayPal

#1 Wise (formerly Transferwise

#2 – Google Pay

#3 – Stripe

#4: Payoneer

#5 – Shopify Payments

#6: Authorize.Net

#7 – Square

#8 – Skrill

#9: Braintree

#10 – Dwolla

#11 – Quickbooks Payments

#12: 2CheckOut

#13: Amazon Pay

Summary – The Best PayPal Alternatives

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Author: Thomas J Law

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