5 Best Alternatives to PayPal
PayPal is widely popular with consumers, but is it the best payment method for your site? Check out these 5 alternative servicesMost online consumers probably assume that PayPal is the best online payment system, and for good reason. PayPal is marketed as safe, convenient and affordable. Buying on PayPal is always free, but sellers incur a 2.9% per transaction fee. It is used by individuals for personal purchases and by companies. But is the electronic commerce company the best choice for business consumer’s websites? Learn what are the 5 best alternatives to PayPal:
1. Google WalletFormerly recognized as Google’s Checkout, Google Wallet is similar to PayPal. It offers fraud protection on purchases and allows members to send invoices and to processes credit cards. Members will pay transaction fees, which are dependent upon the product. One of the main differences between Google Wallet and PayPal is the availability of rapid transfers between the site and your bank account. PayPal requires a 4-day waiting period before funds appear in your checking account. Getting setup and managing an account is easy. The site is user-friendly and the web tutorials will help get you started.