When it comes to accepting and receiving online payments, the first name that came to everyone’s mind is PayPal. No doubt, it is the reigning champion in the industry. Still, if you don’t want an are unable to use this platform, there are many other Payment solutions. These payment solutions are perfect for freelancers, online customers, and business owners. PayPal is used as the payment acquirer worldwide. It uses the user’s existing account or a credit card for making payments. You can also send money through the service via PayPal. It is one of the features that makes PayPal the biggest Payment solution provider.
With the advancement of technology, the world has developed many ways to do one’s work. The same goes for online payments. PayPal is known for its amazing services and a variety of reasons, but we have also got a number of competitors. These Payment solutions offer you lower prices, faster transactions, and increased security. In this article, I will tell you some of the best Payment solutions that you can use instead of PayPal.
Best Online Payment Solutions
Dwolla is not a small payment solution and is considered as the direct competitor of PayPal. This company is a newcomer in the third-party payments space. The recorded processing of the Dwolla is over $1 million per day. Making payments is not as difficult as it is somewhat similar to PayPal. The minimum fees of the transaction at Dwolla is less than $10. Dwolla charges $0.25 per transaction for transactions that are more than $10.
Skrill has also made its mark in the Payment solution space with its features of instant withdrawals and deposits. It also does not charge much and has low transaction fees. Skrill also gives its users exclusive offers and accepts more than 40 currencies. The company also offers the user to put 10% of the fees when they refer skrill to a friend. It is indeed one of the best Payment solutions available currently.
Venmo has been acquired by PayPal and is one of the best Payment solutions available online. Venmo has all the fundamental principles that make it different from others. It has the ability to make transactions easier, no matter if it is for personal or professional purposes. Social Spendors mostly used Venmo as their go-to Payment solution and is like a hybrid of PayPal.
4. Google Wallet
Google wallet is also an online payment service. It is formerly known as Google Checkout. The users of Google Wallet can make transactions safely, and the process is very simple. You have access to make speedy money transfers from their browser, smartphone, or Gmail account. They also give their users the facility of credit cards, debit cards, loyalty cards, and even gift cards to your account.
5. Samurai by Feefighters
It is also a payment gateway and is an amazing merchant account solution. FeeFighter is the main product of the company. This tool makes sure to help the merchants compare their rates for merchant accounts. Samurai takes 2.3% of all sales volume for its gateway/merchant solution. It costs $25 per month and charges a $0.30 fee per transaction.
6. HPS Worldwide
HPS worldwide Company is an innovative payment solutions company at the forefront of the international payment industry providing payment solutions for issuers, acquirers, card processors, independent sales organizations (ISOs), retailers, and national & regional switches around the world. It has grown very rapidly. Currently, it is one of the leading global cards and payments technology companies. It has over 400 clients in more than 90 countries and is now even providing its users with cutting edge payments technology.
7. Amazon Payments
Accepting payments through Amazon is one of the easiest payment solutions online. It gives customers peace of mind, and whenever they make a purchase on the website, they go through Amazon’s checkout automatically. As they use the Amazon credentials, so the all checkout process becomes more convenient and trustworthy.
Square had also come to the race when it introduced the magstripe reader. This had allowed business owners to swipe credit cards anywhere. The only charge 2.75 percent transaction fee per swipe. With the help of the Square Cash App, you can also send electronic invoices and get paid ultimately.
All the above are the amazing payment solutions that you can use instead of PayPal. Our choice is HPS worldwide. This online payment solution is perfect for you if you are new to this world!