The Top 12 Online Payment Alternatives to PayPal

If you’ve ever purchased on eBay, you likely used PayPal to complete your transaction. PayPal hands down the most popular online payment service to send and receive money, whether personal or professional. However, the ubiquitous company soon could have some serious competition.

It’s been predicted the market for mobile payment transactions will reach over $235 billion in the next year, which is why some major players, like Facebook and Apple, are testing the waters with their mobile payment services.

PayPal will need to step up its game, particularly with longstanding complaints such as poor customer service and frequently freezing accounts.

But why wait on hypothetical situations? Whether Apple or Facebook follows through with their mobile payment apps, several other options are available now. Believe it or not, there’s more competition than you are probably aware of, and many of them are superior to Paypal.

If you’re involved with an online business, here are twelve alternatives to PayPal that you should investigate.

Google Wallet

The Top 12 Online Payment Alternatives to PayPal

Google Wallet was once Google’s Checkout. And while the name has changed, the features have remained intact. It’s safe, simple, and has rapid transfers to and from your bank account. It also has similar features to PayPal, such as credit card processing and sending out invoices.

Google Wallet


The Top 12 Online Payment Alternatives to PayPal

Besides featuring stellar customer service and fraud protection, WePay is a standout alternative because consumers can make purchases without leaving your site via a virtual terminal. Not only does this make your site look more professional, the service seems to be more focused on the individual’s interests and not just their credit card numbers.



The Top 12 Online Payment Alternatives to PayPal

Combining a merchant account with a payment gateway 2Checkout permits customers to receive credit card and PayPal payments. The company also features international payments, a solid shopping cart, and recurring billing.



The Top 12 Online Payment Alternatives to PayPal

Authorize.Net has been around since 1996 and is supposedly the Internet’s most widely used payment gateway. Authorize.Net has over 400,000 merchants and has received the Achievement in Customer Excellence (ACE) award for five consecutive years.



The Top 12 Online Payment Alternatives to PayPal

Skrill, formerly Moneybookers, has some intriguing features such as a free setup, low fees, and the ability to send text messages straight from your account. Besides being a popular and simple alternative to PayPal, the service is great for international merchants since you’re allowed to transfer your account balance onto a prepaid debit card almost instantly.



The Top 12 Online Payment Alternatives to PayPal

Intuit is almost an essential service if you’re a small business owner who needs help with your finances. Besides accepting online and in-person payments, with GoPayment, Intuit can also help you pay employees, calculate payroll taxes, and file payroll tax forms.

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The Top 12 Online Payment Alternatives to PayPal

ProPay offers similar features to other PayPal alternatives, including the ability to receive and send money anywhere in the world and even recurring billing and a built-in shopping cart. The one big advantage that ProPay has over the others is it’s also accepted by eBay.

There’s also the ProPay JAK, a mobile phone credit card reader that can process credit and debit cards in real-time on your iOS or Android phones if you’re doing transactions in person.



The Top 12 Online Payment Alternatives to PayPal

While Click2Sell has the standard features found on any worthy PayPal replacement, it’s one of the few that will accept PayPal, Google Checkout, Skrill, and credit cards with or without a merchant account.

But, the most standout features are affiliate tracking, powerful reports, and automated sales management. They also have the leading sales reporting tools so you can better understand your strategies and sales tactics.



The Top 12 Online Payment Alternatives to PayPal

Dwolla is very similar to PayPal in that you can do everything from paying your friends back to accepting or receiving payments at your place of business. However, this service’s unique because it’s specialized in bank transfers, or Automated Clearing House (ACH) payments, for over five years.

In that time, Dwolla has built simple branded tools and a flexible API to access ACH quickly and do things other services cannot. In addition, their branded capabilities, like send, receive, and request funds, are free. At the same time, premium services, like white-label, higher limits, and next-day transfer, are available for flat-fixed monthly fees.



The Top 12 Online Payment Alternatives to PayPal

Braintree has been growing steadily since 2007. The platform’s features include a payment gateway, recurring billing, credit card storage, and allowing global online and mobile businesses to accept credit card payments via a merchant account.



The Top 12 Online Payment Alternatives to PayPal

ClickBank has been around since 1998 and offers a ton of easy-to-use features. ClickBank does everything for you, including building a site for your products and optimizing your business. As a result, ClickBank is a one-stop-shop for online businesses.



Stripe is a rapidly growing start-up that removes the need for a merchant account or gateway. Instead, stripe takes care of all your payment needs, from storing cards to handling subscriptions to direct payouts to your bank account. Web developers will dig the ability to integrate a payment system into a project by using Stripe’s API.


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