Top 5 Best Alternatives of PayPal App

PayPal has become one of the most popular online payment methods not only in this country but well beyond its borders. Some may say that is not about the mechanics of applying for an account or even ease of use.

 

Discovering the Value of Having Alternatives

Most of the people can claim that they basically are not aware of any other alternative to replace PayPal as a whole. However, we can tell you that there are many alternatives for you to choose from if you want to have something new to use in terms of competitive pricing and overall ease of usage.

In addition to this, there has been not so favorable news about PayPal’s business practices so it may be high time for you to find a suitable replacement.

Another point against this particular platform is that it is not too accessible worldwide anymore. A lot of different e-commerce websites with plenty of traffic do not use PayPal any longer. If you’re running a business, object of payment methods should always be available for those customers who do not have PayPal accounts.

Fortunately, we will list down some of the most popular alternatives that you can use in lieu of the PayPal account. Note that some of these websites run a tighter security protocol. Because of this, it may be difficult for you to apply for an account. However, you can be assured that your money would be safe in any of these new platforms. Here they are as follows:

 

  1. Skrill

This one is formally known as Moneybookers. One of the main advantages of using this platform is that it is easy to setup and use. You will be able to send money to other users and receive payments using this much like PayPal.

You can also buy items online with your accounts here or have them send a prepaid debit card that you can use for various payments to stores both online and off or withdrawals via the ATM.

 

Advantages

  • Fast and easy setup and usage

  • It is available worldwide

  • Can work with many major currencies

  • Reasonably priced transfer fees (1% of the total deposit or €10.00 maximum.)

  • The platform boasts tight security protocols

 

Disadvantages

  • The website’s strict fraud prevention methods may lead to inadvertent freezing of accounts.

  • Some users complain about poor customer service which can cause delays when addressing issues.

 

 

You should try this website out as soon as possible. Aside from a fairly weak customer service platform, it is one of the best choices that you can have when it comes to the available payment alternatives.

 

 

  1. Payoneer

This is the second platform we will discuss. Much like the previous one, Payoneer can provide users with an online account and a prepaid master card that has a fixed activation fee. You can load up the card and your account with money, receive and send payments when necessary and of course do some shopping online.

This platform works with any store that accepts major credit cards. It will also allow you to withdraw cash from your ATM without difficulty.

 

Advantages

  • You can easily set up your account without delay.

  • The transactions are quick and straightforward.

  • Available internationally

  • This payment platform is supported by major freelance job websites such as Upwork.

 

Disadvantages

  • It has expensive account maintenance and ATM withdrawal rates.

  • There are also fees involved when transferring amounts from bank accounts. Some similar services do this for free.

  • Unreliable customer service

 

If you are prepared to pay a considerable amount for transaction fees online, then you should give this website a try. It is available internationally so you won’t have to worry about not being able to send money to your relatives abroad which is always an advantage.

 

 

  1. Dwolla

One of the main advantages of using this platform is that it is extremely secure. It is also very cheap to use and quick to respond. You will easily be able to receive and make payments online through this particular website. You can also make payments directly into your checking account.

It also will allow you to get free transactions if you transfer amounts below $10.00 and a flat fee of 25¢ per transaction, but this is going to be one of the most cost efficient platforms for you. However, you need to transact exclusively with someone that has a similar account.

 

Advantages

  • Cheap transaction fees

  • The sender will be the one to pay for the transaction fee

  • Ease of usage

  • Instant transfers

Disadvantages

  • It doesn’t work with any other payment method.

  • It is limited to U.S. territories only.

If you are a U.S. resident, it will be one of the best ways for you to transact online. You just have to convince others to create an account with the website as well.

 

 

  1. Google Wallet

As far as online storage for your payment methods and credit card information goes, this particular platform has proven itself to be one of the greatest options for a lot of online shoppers. It works as an online wallet that can contain all your different credit and debit cards which you can use for your various financial transactions online.

The website can also provide you with a physical card that you can use for offline transactions at a physical store.

Advantages

  • Has optimal security protocols for users

  • You can make payments with your smartphone

  • Easy financial transactions

Disadvantages

  • It is only available in the U.S.

  • It credits you with a 2.9% transaction fee off your balance when sending money.

It is another convenient way to pay indeed. However, not be internationally available is certainly an issue for some people.

 

 

  1. Amazon Payments

This is very functional and simple way to pay online. It has a basic setup process and check out procedure that anyone can understand and use over time. Another benefit of using this particular program is that you wouldn’t have to worry about additional fees during some transactions.

Speed is also another advantage that you can avail of with this particular platform.

Advantages

  • You can send and receive payments of up to 1000 monthly without additional charges.

  • It has reasonable transaction fees of 2.9% plus 30¢.

  • The website offers optimum security measures and protection.

 

Disadvantages

One disadvantage is that you would need eight us social security number to use the service. This means that is only limited to customers from the United States alone.

That being said, Amazon Payments is still a good platform to use for online transactions whenever the website. If ever you are in the U.S., Take a chance on this platform to discover what it has to offer.

 

The Closing Statement

These are just five of the best alternative payment methods that you can use in lieu of PayPal. Whatever it is you choose to avail of, it would be important for you to study how each of the methods work so that you can use it to its full advantage.

For those platforms that are limited to the States only, it would be best for international users to consider local payment alternatives to work with as a backup to PayPal or any other available platform. This way, you will not end up with limited options when it comes to international transactions.

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