PayPal is most certainly the most popular and widely used online payment platform in the world. Businesses have adapted their payment system just to accommodate PayPal. And if you are a freelancer of any sort, you know the convenience of having PayPal. They have roughly 148 million active accounts in more than 200 markets with 100 currencies available to users. However, PayPal may soon have some big competition in the market for mobile payments is estimated to reach $235 billion by next year. And having alternatives for your personal or business banking is essential.
Google Wallet Top Contender For PayPal
Google Wallet is a safe and easy to use online payment service brought to you by the dream team that is Google. It was previously known as Google Checkout, but it has had a bit of an overhaul since the name change. You can employ facts banking transfers. Process credit cards on the go. And even send invoices to your customers.
WePay Virtual Terminal
WePay has plenty to offer when it comes to PayPal alternatives. One of their more notable services is the ability to make purchases using a virtual terminal. This allows you to never leave the website you are shopping during payment processing. They also offer exceptional customer service and fraud protection.
Skrill is the International Choice
Formerly known as Moneybookers, Skrill is the choice many international merchants are making. This is because Skrill lets international merchants make account transfers straight to a prepaid debit card. Other features include free setup, low fees, and account messaging.
Small Businesses Get Intuit
If you own a small business or budding start-up, Intuit is an obvious, almost necessary choice. They offer help with finances, payroll for employees, and taxes. One cool feature Intuit offers is their online and in-person payment option with GoPayment.
Stripe Start Up On The Rise
Stripe is maybe one of the fastest growing online payment services start up out there right now. They have essentially removed the need for the gateway or a merchant account. Stripe takes care of payments, subscriptions, and direct bank payouts. Stripe also offers an API for developers to easily place it on a client’s site.
