PayPal is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It is the world largest payment processor founded in 2002. PayPal is really great, being used by a lot of online merchants as well as freelancers who rely on it to get paid for their services. Despite this, PayPal isn’t immune to poor services, big corporations tend to overlook certain issues and they could be the most frustrating aspect of a user. So you got really foiled by PayPal’s quality of service or have gotten bored of their system altogether? Here is a list of the best alternatives to PayPal.
Just like your physical wallet where you can store important financial items like a bank account information, gift cards, credit cards, tickets and coupons. Google Wallet will let you have a virtual version of what you have in your physical wallet on a digital wallet.
You can use the virtual version of what’s in your Google Wallet to pay for things on merchants where Google Wallet is accepted. You can also send money to a friend in the U.S. You can download Google Wallet app to your Smartphone or tablet and get busy with it.
Amazon Payments is entirely owned by Amazon.com and was launched in 2007, giving you the freedom to pay for goods and services on thousands of websites. Basically, your information stored on your Amazon account is what’s going to be in your Amazon payments, so you don’t have really have to your enter your credit card details whenever you intend using Amazon Payment system. Amazon payments give users the same checkout experience available on Amazon.com
Merchant Inc. acts just like PayPal and can be used on eBay. It comes with federal protection and also comes with lot of features, including the right to fight disputes directly within a given grace period which is unlike PayPal, where your account can be frozen anytime and getting slammed by ridiculous mails stating their reasons.
Merchants should find this really exciting, Merchant Inc. will give you free online application, free shopping cart, free gateway software and it comes with no setup fee. However, Merchant Inc.’s standard rate for transactions is 1.99%.
2Checkout is an online payment processing service that helps you accept credit cards, PayPal and debit cards. This service is currently available in 196 countries and processes 26 currencies. A lot of countries still do not have PayPal access and if you have a business which sells things worldwide then 2checkout is probably the right payment processor for you at the moment. 2checkout also has excellent and highly responsive customer service which PayPal has to learn from.
Wikipedia explains Bitcoin as an cryptocurrency whereby the creation and transfer of bitcoins is facilitated by an open-source peer-to-peer cryptographic protocol that functions without the intermediation of any central authority. What this means is that Bitcoins can be use as a form of payment on merchant sites, its digital money that makes transactions seamless. One of its selling points is that transaction fees can be avoided. So why not Bitcoin?
PayPal has given you the middle finger; they have frozen your account and said the limitations imposed by them on your account cannot be appealed. You have pending orders to clear, but PayPal’s customer service has been acting up and you are frustrated. This can be the time when you really need to change; change is a slow and painful process and no one likes it, but if using PayPal has become thwarting, then you should start taking a look at the best alternatives to PayPal. One of them should work like a charm for you.