With the wide usage of the Internet, people choose to freelance as compared to full-time jobs. Freelancers choose different platforms to collect their payments; among them, PayPal is one of the popular and easiest platforms to collect payments from the company.
However, it is not available in all countries; thus, many small merchants use other platforms for payments with lower transaction fees. Many sites are similar to PayPal and offer many features; hence you don’t need to stick with a single platform for receiving payments.
Here are the three safe and secure PayPal alternatives for freelancers, small business owners, and merchants with low transaction fees.
Payoneer is a financial company that provides an online money transfer facility and digital payment service, more than 200 countries using it with four million active users. It is the best way to receive payments across the globe.
Payoneer is user-friendly and has a strong customer support system as compared to PayPal. If you have any issues at the time of transactions, you can easily talk to the customer support department to resolve the issue. You just need to create an account with your bank details; then, you will be able to send and receive payments immediately.
Famous companies like Airbnb, Google, Amazon, and Upwork use Payoneer to send mass payouts across the globe. Moreover, this platform is popular because it charges low transaction fees as compared to PayPal.
More than 200 countries are using Payoneer, especially entrepreneurs who have startups in the on-demand segment, especially having apps like ubereats for delivery business and more; this is the ideal solution that allows them to transfer money from one place to another swiftly. Along with wire transfer, Payoneer also offers a debit card to access an online account; it means you can withdraw funds from your local bank or ATMs across the globe.
Another popular alternative of PayPal is Skrill, it is best, and they also have an iPhone and Android application so that you can make transactions easily from your mobile.
Skrill is owned by Skrill Limited Company, registered in the UK, that allows you to transfer money. Another major advantage of using skrill is that you only need an email ID and password to transfer money.
It is fast as compared to other platforms, and most importantly, it is secured. No one can see your details while you make payment at any place. If you are thinking about transactional fees, it charges low fees, and the bonus point is that your first transaction is totally free.
Google Wallet service is for everyone; you can integrate Google pay with your existing website and eCommerce store. It is currently only available in the USA and UK. Like many other Google Services, it is free and does not charge anything for sending or receiving money.
Many freelancers use Google wallet to collect their payments. It is similar to PayPal, but you don’t need to enter credit card details, which makes checkout easier.
For small businesses, accepting payment via Google Wallet can help to increase conversions, just like any other payment solution.
Along with these, there are many PayPal alternatives; you need to choose based on your payment requirement needs. Next time if you want to make online transactions other than PayPal, choose wisely and make the decisions which can be profitable for your business in the long run.