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Mar 30, 2024 · Explore today's top PayPal alternatives. Forbes Advisor selected these payment processing solutions based on pricing, security, reputation and more.
- Wise (formerly Transferwise) Best for: Individuals and service-based businesses with a high volume of international transactions. Wise dubs itself as “a cheaper way to send money internationally” and is a fantastic PayPal alternative if you make lots of international transfers.
- Google Pay. Best for: Quick, easy, and free payments from a well-known brand. Google Pay is another popular PayPal alternative. This service is a fast, simple way to pay on websites, in apps, and in-store using cards saved to your Google account.
- Stripe. Best for: Businesses wanting an intuitive and flexible API (application programming interface). Stripe is one of the most popular PayPal alternatives, particularly for online businesses.
- Payoneer. Best for: Small to medium-sized businesses looking for an all-around solution. Payoneer helps businesses get paid quickly and securely. It’s particularly good for small and medium-sized businesses.
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Apr 29, 2024 · Best for QR Code Payments: Venmo. Best for Growing Businesses: Square. Best for International Currency Transfers: Payoneer. Best PayPal Alternatives and Competitors of 2024. Below,...
- Google Pay. Google Pay¹ - which you may have previously known as Google Wallet - is a digital wallet which lets you hold a balance, pay friends and family, and make mobile and online payments to merchants.
- Wise. Wise - formerly known as Wise - offers international payment services as well as the smart, flexible Wise multi-currency account. If you’re looking for a PayPal alternative which cuts the costs of sending money abroad, Wise might be the one for you.
- Skrill. Skrill⁴ has been around since 2001, and lets customers open online wallets to hold, send and spend money all over the world. You can use your Skrill balance to make payments to friends and family, or for spending where Skrill is accepted online by merchants.
- Venmo. Venmo⁷ is a very well known way to pay friends and family in the US. Set up in 2009, Venmo is part of the PayPal family, so you know you have the backing of PayPal’s technology and payment processing power.
- Square – Best PayPal Alternative for Businesses. Square is one of those prominent alternatives that often comes up whenever you’re comparing PayPal with other solutions.
- Shopify Payments – Best PayPal Alternative for Ecommerce. If you’ve used Shopify to build and manage an online store, you’re probably familiar with Shopify Payments.
- Payline – Best for Interchange Pricing. Payline is a payment processor that offers a diverse range of solutions, including mobile, online and in-store payments.
- Wise – Best for Personal Use and International Payments. Wise (formerly known as TransferWise) is a much cheaper alternative to PayPal for international transfers (see their comparison tool vs PayPal).
ProPay: Best for receiving offline payments as a freelancer/small business owner; Zelle: Best for sending money to people who don’t use payment apps; Cash App: Best for converting received payments into hard cash; Apple Pay: Best for sending, receiving, and paying at the register for iPhones and Apple Watches
Apr 8, 2023 · Popular alternatives to PayPal include Venmo, Apple Pay, Stripe, and Skrill. According to Forbes, the favorite payment platform for merchants in 2022 was Square. PayPal Main Features. One...
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