Best PayPal Alternatives for Online Business


Should you always send and receive money through PayPal? The online payment system was founded almost two decades ago in 1998 and was certainly an industry pioneer. It was spun off the e-commerce company e-Bay and last year PayPal earned nearly $13.1 billion in revenue. However, today there are several PayPal Alternatives available. Many offer similar rates and fees and are more cryptocurrency-friendly.

PayPal has a few other noteworthy drawbacks. There’s the service charge that ’s around 3% of the online transaction. Then there are the high bank charges of about $10 for money transfers. Another big complaint about PayPal is it’s become notorious for automatically freezing customer/merchant accounts if it suspects unscrupulous activity. That happens whether or not there’s solid proof that illegal activity has taken place.

We’ve compiled a list of 10 alternatives to Paypal that are reliable and effective. They provide you with some practical ways to make online payments.

Best Alternatives to PayPal for Business

Skrill (Formerly Moneybookers)

Skirll PayPal Alternative

Since being founded in 2001 Skrill has maintained a reputation for affordable money transfers. Skrill Wallet transfers are only charged 1.9%, which is one of the lowest ones in the industry. Another plus of the UK-based company is it charges the same rates for all countries. It’s interesting to note that Skrill supports 40+ international currencies.

Skrill’s rates/fees are close to PayPal. The online payment system also offers a basic interface that makes it worth considering. International transfers are fast through the in-house debit card. Then you can use the card wherever you want to access your account like ATMs. Skrill offers customers a pre-paid Master Card, which can be used for various purposes like travel expenses.  Other perks it offers include a VIP club with discounts and dedicated services for online betting.

One big drawback is international transfers cost nearly 4% for currency conversion. With other add-ons, the total cost can be a fee of 12 to 15%.


  • Accounts are almost worldwide
  • Outstanding security
  • Low fees for all currencies
  • Easy account setup
  • Prepaid MasterCard


  • Complex verification
  • Customer service
  • Pricey currency conversion – Easy Payment Processing

2checkout PayPal Alternative was launched publically in 2012 and was originally named Opus Payments. It’s headquartered in London.

Since launch has expanded to service Asia, Europe and United Arab Emirates (UAE).  It also rolled out The Hub in 2015 so merchants had access to reporting analytics in real time. In 2017 expanded to the USA and became one of JCB International’s principal members. This is one of the top Paypal Alternatives because it provides many perks worth noting. If you’re setting up a new account the process is quick and easy, which is a plus over other services. is also very transparent about its prices so there are fewer issues about rates, fees, etc.

The site also provides excellent customer service. This is critical if you have any questions or issues that must be addressed 24/7. Other benefits include no monthly fee, no early termination fee, Customer Relationship Management (CRM) dashboard, global reach, and fraud prevention.


  • Good customer service
  • Visa, MasterCard, Diners, etc.
  • Fast setup
  • Shopping cart integrations
  • Transparent pricing


  • 10K+ volume for 3 months before opening account
  • Email replies
  • Opening a new account

Payza – Simple, Speedy, Secure

Payza PayPal Alternative

Payza is an online payment system that lets you buy/sell online, send/receive funds in 20+ world currencies, buy/sell/transfer Bitcoins, and transfer money from bank account. Payza functions similar to PayPal. It’s difficult to find info about this online payment system. For example, it was previously based in Canada until it was purchased by MH Pillars and is headquartered in London.  Payza recently entered the US market.

The payment system functions by users sending/receiving money from Payza accounts. Both personal/business accounts are offered. A transaction fee is charged for people who accept funds from a different Payza user. Payza account holders use an email authorization system to transfer funds. Accounts are funded through bank wires, automated clearing house (ACH) transfers, credit/debit cards, Bitcoin money orders, and cashier’s checks.

After registering with Payza you can send/receive up to $500. If you want to do transactions after that you’ll be required to upload an ID Document in order to verify your account. Keep in mind you can’t do Bitcoin transactions before verifying your Payza account.


  • PCI compliant
  • No monthly minimum
  • Simple transfer process
  • Subscription tools
  • The payment page is hosted


  • Limited online price disclosure
  • Membership is required
  • Limited customer support

Payoneer – Quick Secure & Low Cost

Payoneer PayPal Alternative

Payoneer is one of the oldest Paypal Alternatives. The company was founded in 2005 and has become popular for its features and policies. The company has teamed up with several big online companies like Upwork and Airbnb. In fact, the company is well-established and is available in many countries. It also supports 150+ currencies and has racked up 4+ million registered users. Payoneer also offers reasonable fees.

The payment company has a free subscription policy so signing up for the platform is quite easy. You’ll also have to sign up for the company pre-paid MasterCard when registering. You can load funds after 2-4 days and enjoy faster transactions.

If you do Payoneer transfers via a different currency you’ll be charged a maximum 2% in addition to other charges. So this is something to keep in mind. Meanwhile, anyone can use Payoneer to transfer money to your online account even if you haven’t signed up for the payment platform.


  • Easy account setup
  • International prepaid card
  • Easy transaction process
  • Low service fees
  • Freelancer tools


  • High card renewal fee
  • No 24/7 customer support
  • Big ATM fees

Xoom – a PayPal Service

XOOM PayPal Alternative

Xoom is one of the most interesting Paypal Alternatives because it’s a PayPal service. The service allows customers to send money, reload mobile phones, and pay bills from the US to 70 countries. Xoom was founded in 2001 and is headquartered in the US state California. PayPal bought Xoom in 2015.

Xoom’s features include fast transfers including same-day delivery in several countries. You can also send money from the US to 60+ countries via options like bank accounts and cash pick-ups. However, these benefits result in costs that generally are higher than other web-based payment systems.

Xoom charges different fees based on the payment method, which includes bank account, credit card, or debit card. Sending with a bank account is the cheapest options but the company charges high exchange rate mark-ups. They tend to be up to 3% higher than mid-market rates.


  • Replies to issues/queries via Trustpilot
  • Transferred money delivered through bank
  • iOS and Android compatible
  • $10,000 daily minimum
  • Same-day delivery


  • No live chat feature
  • Minimum $5 fee for credit cards
  • High exchange rate markups

Google Pay – A Faster, Safer Way to Pay

Google Pay PayPal Alternative

Google Pay is one of the best alternatives to PayPal. It consolidates current Google services via solid online payment option. While Google developed Android its payment service is also available for iOS. Google Pay gives merchants the option to add/operate reward tracking and loyalty programs. Another plus for merchants is merchant accounts don’t require a sign-up fee.

One drawback to this service is most Google phones run on old versions of the Android operating system. This makes it tough for many owners of Android devices to use Google Pay. Another factor is high-end smartphone owners tend to purchase Apple devices over Android. This helps to explain why only 5.3% of smartphone users use Google Pay.

In terms of security, Google Pay encrypts the card data of a customer prior to any online transaction. This helps to reduce the chance of security breaches. A transaction typically takes 2-3 days. This is quite fast versus other payment options.


  • Gift cards
  • Wide accessibility
  • No fee for merchants
  • NFC-based payment system
  • Virtual card numbers


  • Limited use cases
  • Limited online-payment partners
  • Less iOS-friendly than Apple Pay

Authorize.Net – Simplified Payment Process

Authorize PayPal Alternative

This online payment system is quite popular among online stores since it offers a user-friendly interface, affordable rates, and solid customer service.

One drawback of this platform is you can’t send/receive payments from friends & family. However, it’s less of an issue since more than 400,000 merchants are using Authorize.Net. That said, Authorize.Net is a good alternative to PayPal for people who want to get online payments. It allows people the chance to participate in the most popular payment gateway.

The platform provides several other benefits. They include reliability/security, free mobile app, and free swiper. These features add value to the online payment system. You’ll also have to deal with some drawbacks. They include a $49 setup fee and $25 monthly gateway fee. Chargebacks cost $25 and international transactions include a 1.5% fee. Another drawback is fewer finance/sending tools than those offered by PayPal.


  • Free 24/7 support
  • Free mobile app/swiper
  • Excellent security
  • Very reliable
  • 400,000+ merchants


  • $25 chargebacks
  • 5% fee for international transactions
  • $49 setup fee

TransferWise – Send Money Abroad

Transferwise PayPal Alternative

TransferWise is an excellent alternate option vs. PayPal if you’re making International transactions. The platform is popular due to low fees and exchange rates for mid-market. TransferWise charges 1% for bank transfers, which is around one-third of PayPal’s charges.

This platform offers other benefits. The processing times are fast and transfers are made directly to bank accounts. The company says processing time is 2-4 days per transaction but long-term clients say it usually takes just one day. Another benefit of TransferWise is it’s a good option for businesses. Merchants have the option to sign up for the Borderless account feature. Another plus is the fee structure is the same for both business and personal accounts.

The platform includes other features. The dashboard can be used for transaction management for different currencies. TransferWise also provides the option of automatic payment.


  • Accurate fees
  • Leading tool for money transfers
  • Smooth interface
  • Accurate exchange rates
  • PayPal-friendly


  • No recurring billing
  • No mobile payment features
  • Only send/receive money via bank transfer

Dwolla – Payment Platform That Works for You

Dwolla PayPal Alternative

This isn’t one of the most well-known online payment services but is certainly worth noting. One of the main reasons is it works very similarly to PayPal. Dwolla gives you the chance to send/receive payments from individuals/companies. Another plus is the company’s specialty is ACH bank transfers. If you plan on sending or receiving several bank transfers this is definitely your best option.

In the past Dwolla was a platform for person-to-person (P2P) bank transfers and was also business-friendly. The company still offers bank transfers and is one of its main services. However, it’s now more of a developer-friendly option for companies that want their systems to have white-label bank transfers.

Dwolla is basically an agent for banks/credit unions it’s teamed up with. As a result, its contracts’ terms & conditions are different.


  • Flat fee for next-day transfers
  • Bank transfers very easy
  • Powerful branding tools
  • $0.25 transaction fee
  • Instant cash transfers


  • Dwolla accounts must be created in the US
  • Sender/receiver must use Dwolla
  • No credit card transfers

Intuit – Powering Financial Prosperity

Intuit PayPal Alternative

Intuit could offer a full suite of tools depending on what your company requires. This is a popular platform that you could consider as an alternative to PayPal. You also have the option to send/accept payments via the GoPayment tool.

Intuit is also a good option if you have plans to integrate with QuickBooks. That’s because the company that developed the online payment system is the same that developed QuickBooks.


  • PayPal-like invoices
  • Mobile payments
  • Integrated w/ QuickBooks
  • TurboTax access
  • ACH bank transfers


  • Might need to upgrade
  • Not good for personal sending/accepting
  • Security


We hope this list of Paypal Alternatives helps you find an option that’s affordable yet dependable. Each option has pros and cons so weigh them to figure out which online payment system best suits your business or personal needs.

1 Comment
  1. Joseph says

    To me, Payoneer is best. I use it to make and receive payment all day. Nice list of PayPal alternative.

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