Top 11 Alternatives for PayPal 2021 | How to Transfer Online Payments?

Well, in this rough year of 2020, wanting to earn and save money? Definitely Yes. I have been using PayPal for many years, but now there are many alternatives available for PayPal, which are secure enough, cost-saving, user friendly, and have good customer support. In today’s blog, I will share different platforms with you that will help you update knowledge of various platforms regarding security options, low chargeback fee, better customer support service, better features, and seamless transactions, and many more. 

Overview of different alternatives for PayPal is:

Amazon Pay

Amazon pay comes with a wide range of services for merchants, shoppers, and charities. Amazon offers a fraud detection service that is free. Customers need an amazon account to make payments at one go. Pricing for U.S transaction varies from 2.9% +.30 cents for domestic, cross border processing fees is 3.9%, and disputed charges are $20 only.

Stripe

For running an internet business, Stripe offers services from small scale to large scale. Stripe comes with a handy review system moreover with sound UI/UX interference and straightforward API. Transaction cost may vary from 2.9% +.30 cents for card charge, international transaction costs +1%, for ACM debit is a 0.1% and $5 cap, and custom pricing is also available.

Google Pay

The best contactless payment option is Google Pay. Just scan in one click, and your payment is good to go. Simple to send payments or receive payments only by having an email address or phone number, which is safe and secure. A merchant fee is free, but a standard credit card is chargeable for Google Pay. Moreover, cashback, gift cards, and many other programs Google Pay offers.

2checkout

2checkout offers a wide range of payment types with 15 languages, 87 currency options in more than 200+ global markets. Few advantages to be on this platform is it can calculate your tax, subscription billing, shopping cart templates, and custom checkout field. It has integration with big e-commerce websites such as Shopify and Big Commerce. The transaction charges may vary from 3.5% to +$0.35 per transaction (2SELL), 4.5% +$0.45 per successful sale (2SUBSCRIBE), 6.0% to +$0.60 per successful sale (2MONETIZE)

TransferWise

Cheapest way to send money? TransferWise! Exchange rates are real and cheapest, with no hidden fees. Insignificant cases, it is significantly less expensive compared to PayPal. Some features to add on are it can send/pay invoices automatically and can receive money with no add on charge. For Business accounts, TransferWise charges fees of $31 setup fee + Currency fee exchange + $1.40 transaction fee.

Payline

Looking for a flexible payment solution online, mobile payment, and in-person, then Payline is the best platform for you. Some add on features of Payline are custom payment pages, custom invoicing, recurring billing payment, and ACH payment. Payline does not charge cancellation fees for customers, and the transaction fees are when very low compared to PayPal.

Bluesnap

The solution that Bluesnap offers is the gateway solution, merchant account, which helps to scale your business in this fast and pace world. Moreover, it has payment analytics, chargeback management, and risk management; it can process more than 100 global payments in one go. The prices are free, and there is no monthly maintenance fee charged for the initial year. Volume greater than $2,500 / month, then monthly fees are waived off by Bluesnap. For Visa/ MasterCard, debit card fee charges is 2% +.30 cents, for Visa/ MasterCard, credit card fee charged is 2.70% +.30 cents, Diners/Discovers 2.90% +.30 cents. Custom prices are also available on these platforms.

Viewpost

One of the best platforms to create customized invoices, tracking of sending, and receiving professional. Viewpost is a time-saving billing solution for a startup, small scale, and freelancers. The monthly charges for Viewpost are $14.99/ month, along with the transaction fee.

Shopify Payments

Shopify is widely used as a payment gateway because it world’s leading eCommerce platform. Shopify has a user-friendly dashboard that can help you to track your balance and payment. One more unique feature Shopify has POS, which accepts credit cards anywhere which charge a fair amount as low as 2.4% +.0 cents. Facebook shops, Amazon, eBay, Facebook Messenger are facilitated by Shopify. Payments are simple and secured. Basic pack of Shopify payments charges per month are $29/ month + 2.9% +$0 .30 per transaction, the in-person fee is 2.7% +.0 cents. If you’re a non-Shopify provider, it charges you 2% additional fees, Shopify, $79/month this plan has credit card rates as 2.9% +.30 cents, the in-person fee is 2.5% +.0 cents. Shopify payments charge a 1% additional fee for non-Shopify providers. Advanced Shopify in-person charges are 2.4% +.30 cents, with a monthly cost of $299, and an online transaction may cost 2.4% +.0 cents and charges 0.5% for non-Shopify providers.

Thryv

Looking for a speedy, seamless transaction, then Thryv is the best platform you can get. More than 300000+ businesses are associated with it. Thryv has unique features, such as it can send interactive estimates, reminders, and invoices. It has a QR scanner, which makes the work simple. It has a secure payment gateway method. The only negative point is that like other platforms, it does not have much integration. When connecting to other software, Thryv has to rely on Zapier to connect. Per transaction fee on Thryv is from 2.6% +$0.30 per transaction.

WePay

Chase Bank acquired WePay in 2017. WePay allows its users for same day deposit. The advantage of being on the WePay Platform is that it safeguards loss protection and contractor management feature for the company’s employee payroll. The fee on the WePay platform is 2.9% +$0.30 per transaction.

Hope you find the right alternative for your business. Mostly the platform mentioned above needs your email address and secure password to get started.

Also Read : Best Camtasia Alternatives

I hope you liked the blog. Comment on any other alternative for PayPal, you know, or you are using? Till then, stay safe.