10 PayPal alternatives

Sure! Here are 10 alternatives to PayPal, along with a summary of each alternative, pricing information, and their pros and cons:

1. Stripe:
– Summary: Stripe is a popular payment gateway that offers a suite of tools for online businesses. It provides a developer-friendly API and supports global payments.
– Pricing: Stripe charges 2.9% + $0.30 per successful transaction.
– Pros: Robust developer tools, customizable payment flows, extensive documentation, supports various payment methods.
– Cons: Requires technical expertise for integration, additional fees for certain features like chargebacks.

2. Square:
– Summary: Square is a payment processing platform that caters to small and medium-sized businesses. It offers point-of-sale (POS) solutions, online payments, and invoicing.
– Pricing: Square charges 2.6% + $0.10 per in-person transaction, and 2.9% + $0.30 per online transaction.
– Pros: Easy-to-use interface, comprehensive ecosystem for offline and online payments, transparent pricing.
– Cons: Limited international availability, occasional account stability issues.

3. Braintree:
– Summary: Braintree, a subsidiary of PayPal, is a payment gateway that focuses on providing seamless and secure transactions. It supports multiple payment methods and has robust fraud protection.
– Pricing: Braintree charges 2.9% + $0.30 per successful transaction.
– Pros: Simple integration, comprehensive payment method support, advanced fraud detection.
– Cons: Not as feature-rich as some alternatives, limited customization options.

4. Payoneer:
– Summary: Payoneer is a global payment platform that specializes in cross-border transactions. It enables businesses and freelancers to receive payments from international clients.
– Pricing: Payoneer fees vary based on the type of transaction and receiving currency.
– Pros: Wide range of supported currencies, easy to use, good for international transactions.
– Cons: Higher fees for certain transaction types, limited invoicing capabilities.

5. Authorize.Net:
– Summary: Authorize.Net is a payment gateway that focuses on providing secure and reliable online payment processing. It offers fraud detection tools and recurring billing options.
– Pricing: Authorize.Net charges a $25 monthly gateway fee, plus a transaction fee of 2.9% + $0.30.
– Pros: Established reputation, robust security features, recurring billing support.
– Cons: Monthly gateway fee, additional costs for some features like fraud detection.

6. 2Checkout:
– Summary: 2Checkout (now Verifone) is a payment gateway that specializes in global payments and supports multiple currencies. It offers a user-friendly interface and customizable checkout options.
– Pricing: 2Checkout charges a transaction fee of 3.5% + $0.35.
– Pros: Global payment support, easy setup, recurring billing options.
– Cons: Higher transaction fees, limited customer support.

7. Skrill:
– Summary: Skrill is a digital wallet and payment platform that enables individuals and businesses to send and receive money globally. It supports over 40 currencies and offers various payment options.
– Pricing: Skrill charges transaction fees based on the type and location, ranging from 1.45% to 3.99%.
– Pros: Wide currency support, multiple payment options, user-friendly interface.
– Cons: Higher fees for some transaction types, limited customer support.

8. Payza:
– Summary: Payza is a global online payment platform that allows individuals and businesses to send and receive payments in multiple currencies. It offers features like mass payments and recurring billing.
– Pricing: Payza charges

transaction fees ranging from 2.50% to 3.90%.
– Pros: Wide currency support, mass payments feature, user-friendly interface.
– Cons: Higher fees for some transaction types, limited customer support.

9. TransferWise:
– Summary: TransferWise (now Wise) is a peer-to-peer international money transfer platform. It offers low-cost transfers, competitive exchange rates, and a multi-currency account.
– Pricing: TransferWise charges fees based on the transfer amount and currency.
– Pros: Low-cost international transfers, competitive exchange rates, transparent pricing.
– Cons: Primarily designed for money transfers, limited payment integration options.

10. Venmo:
– Summary: Venmo is a mobile payment service owned by PayPal. It allows individuals to send and receive money easily, split bills, and make payments at select merchants.
– Pricing: Venmo charges no fees for sending and receiving money with friends or family within the U.S. However, it imposes a 1% fee for instant transfers to a bank account.
– Pros: Simple and social interface, convenient for peer-to-peer transactions, no fees for most transactions.
– Cons: Limited merchant acceptance, limited international availability, fees for instant transfers.

It’s important to note that pricing and features of these alternatives may vary, so it’s recommended to visit their respective websites or contact their support for the most up-to-date information.