23 Best PayPal Alternatives of 2023 (No. 3 is Awesome)
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23 Best PayPal Alternatives of 2023 (No. 3 is Awesome)

Today I will show you the Best PayPal Alternatives. 

But first, listen to this:

When it comes to online money transfer in the modern day, PayPal is pretty much at the top of the food chain, right?

However, that doesn’t mean that everyone is satisfied with its service. Many have had problems with PayPal, which inspired them to seek out another payment solution.

If you are looking to replace PayPal, or you don’t have access to it at all — fear not. We have prepared a list of as many as 23 PayPal alternatives, which are bound to help you manage your money.

Whether you need it for your business or personal use, we have something for everybody.

For the rest of the options, see below:

PayPal Alternative No.1: Neteller


Next, we have Neteller — an eWallet payment system that provides both, individuals and businesses with a simple, safe, and fast way of moving money around. It is one of the largest independent money transfer businesses in the world, and it processes billions of dollars’ worth of transactions on a yearly basis.


  • Fast, efficient, and flexible
  • Owned by a publicly listed firm
  • Has an in-house VIP reward program that lets you earn  money
  • P2P transfers let you send funds around the world instantly


  • Free to pay in shops
  • 1.75% cash withdrawal fee
  • 3.99% currency exchange fee
  • £8 for card order and delivery
  • £8 to replace the card if lost or stolen
Visit Neteller3 users bought this

PayPal Alternative No.2: Fondy

Fondy is a one-stop solution for all your online transactions. You can make online payments from websites, mobile applications, computers, and other payment portals from any device.

What’s more is that Fondy offers white-label cloud-based solutions to banks, IPSPs and other institutions that offer online transactional and financial settlement services.


  • Support for a vast list of CMS
  • Support for iOS and Android
  • Easy payment gateway creation through custom API
  • Easy invoice creation
  • FondyAntifraud and Comodo SSL for security


  • Personal Account is free
  • Card payments are 1.8% + 0.2€, for non-european cards 3.2%+0.2€ and for bank tranfers1.4% + 0.2 €

PayPal Alternative No.3: Payoneer


Payoneer is one of the most popular payment platforms around the world, and one of the main competitors to PayPal. It is an international money transfer platform that allows you to accept payments from clients around the world, including freelance marketplaces, ad networks, affiliate networks, and more.


  •  Easy to use
  • Global support
  • Direct bank withdrawal
  • Supported by most popular companies
  • International prepaid card


  • Free account creation
  • 1% fee for using a bank account
  • 3% fee for card use
  • 2% fee for bank withdrawal
  • $3.15 for ATM withdrawals
  • $12.95 for card replacement
  • $29.95 annual fee
Visit Payoneer3 users bought this

PayPal Alternative No.4: Xendpay

Xendpay is an international payment processing and money transfer firm, backed by RationalFX. It provides money transfer services at a reduced cost to millions of migrants around the globe.


  • Competitive exchange rates
  • Lets user choose the fee
  • Global transfer access
  • Multilingual customer support


  • A unique Pay-What-You-Want fee for up to £2,000 per annum
  • Business transfers can pay up to £4,000 per annum in fees
  • 1.7% fee for credit card payments in Europe (2.6% in other parts of the world)
  • No fees for debit card payments in Europe (2.6% in other parts of the world)
Visit Xendpay5 users bought this

PayPal Alternative No.5: Stripe


Stripe is another great electronic payment processor that allows merchants to accept payments via credit cards. It offers its Stripe Payments solution that accepts numerous options, including wallet use, credit card support, international currencies, and more. It is great for online and offline stores, and it can be integrated with more than 300 products and tools.


  • Great security
  • 24×7 support via live chat, phone, or email
  • Account management
  • Real-time data about fees, refunds, transfers, charges
  • Great processing speed


  • 2.9$ + $0.30 fee per credit card transaction
  • 2.7% + $0.30 fee per in-person credit card transaction
  • 1% additional fee for international credit cards
  • 0.8% fee for ACH transfer payments
  • 0.4% fee on recurring payments after the first $1 million in processed payments
  • $15 chargeback fee
  • Some features cost extra ($0.02 per transaction on Sigma, or a one-time fee of $500 for Atlas)
Visit Stripe1 users bought this

PayPal Alternative No.6: TransferWise


TransferWise is another payment gateway that you can use as a great alternative to both, PayPal and traditional banks. It is pretty much better than both of those options, and it is great for personal use. The firm also claims to have no hidden fees, and the fairest exchange rate. Further, it can complete 90% of transfers between the UK and Europe in a single business day.


  • Simple to use
  • Extremely fast between the UK and Europe
  • Transparent
  • Has desktop and mobile apps
  • Great user experience


  • Different fees for different countries
Visit Transferwise6 users bought this

PayPal Alternative No.7: Instarem

Instarem was founded in January 2014 as a solution for quick and easy international payments that would reduce the costs and delays usually associated with the banks. It grew rapidly over the last few years, and it has over 100 employees in 9 global offices, serving around 150 transfer corridors. It also collaborates with numerous small and mid-sized banks, corporations, individuals, and other payment processors.

  • Fast, secure transfers
  • Great customer service, available 24/7
  • Low exchange rates
  • Global presence


  • Fees vary from country to country — 0.5% for Hong Kong and Australia transfers, 0.25% fee for Singapore transfers, and alike

PayPal Alternative No.8: 2CheckOut

Then, we have 2CheckOut — a service that features very flexible solutions, and targets online businesses. It is an all-in-one platform for monetization, and it is known for global payment options and easily-integrated solutions.


  • Global payments
  • Digital commerce
  • Subscription billing
  • Analytics and reporting
  • Risk management


  • 3.5% + $0.35 per transaction for 2Sell plan
  • 4.5% + $0.40 per transaction for 2Subscribe plan
  • 6.0% + $0.60 per transaction for 2Monetize plan
  • 2% fee for accepting payments in certain countries

PayPal Alternative No.9: Square


When it comes to solutions for businesses, Square is another great option that lets you select business size and type. That is all you need to sign up for its service, and they are generally the best for retail businesses and in-person transactions. Square offers two main plans, which allow you to accept cards, checks, cash, as well as gift cards.


  • Low fees and rates
  • Quick and easy application process
  • Transparent pricing, with the same rates for all cards
  • Convenient APIs and SDKs for personal, in-app, or online payments


  • 2.5% + 10¢ for reader SDK transactions
  • 2.9% + 30¢ for in-app payments SDK transactions
  • 2.9% + 30¢ for Online payment APIs transactions

PayPal Alternative No.10: PaySera


Paysera is another PayPal alternative that offers inexpensive options for those sending payments between Paysera accounts. It also works well with businesses, as it offers easy syncing of e-shops with its own checkout system. It operates in over 180 countries, but it has a minimum transfer amount of $30.


  • Decent transfer speeds
  • Good customer service
  • Works with numerous currencies
  • No max. transfer amount


  • Free transfers between Paysera accounts
  • Sending funds to e-wallets and bank accounts depends on the currency
  • Currency exchange rates usually within 1% margin

PayPal Alternative No.11: FastSpring


FastSpring is a reputable and trusted e-commerce partner for various companies that sell their products around the world. It is a full-service e-commerce solution, which allows its users an advantage when it comes to pricing, and lets them sell more as part of their great deal. It is cloud-based, and its software caters to every need of digital businesses.


  • Fast payments on all customer orders
  • Solutions for subscription-oriented businesses
  • Different checkout functionalities
  • Highly customizable storefront
  • Includes website, mobile, and in-app functionality that can integrate with stores


  • No specific pricing information. Pricing is likely quote-based, and you must be negotiated with the company

PayPal Alternative No.12: EcoPayz


ecoPayz is a company that features prepaid accounts that allow for online payments to thousands of different institutions. The service also offers a wide range of different payment tools, as well as their EcoCard, which was the company’s original product. It operates in 173 countries, and deals in 47 currencies.


  • Works with various gambling sites
  • High security
  • Saves users from having to go through credit checks
  • Provides anonymity and privacy when compared to banks


  • Fees can differ depending on the account type and currency in question

PayPal Alternatives No.13: Skrill


The first on our list is Skrill, which is one of the most popular alternatives to PayPal for business and personal use alike.

It lets you send and receive money, link bank accounts, store cards, and even make payments with nothing but your email address and password.

It has support for over 30 countries around the world, and it is a great option when it comes to fees.


  • Easy to use
  • Support for Android and iOS
  • Instant payments
  • Constant access to money
  • Opening account is free


  • Opening a personal account is free
  • Pay 0% on fees, but charges $3 per month if you don’t use your account for more than 12 months
  • 3.99% on currency conversion
  • ‘Wallet holders’ pay 1.45% fee

PayPal Alternatives No.14: Venmo


Another online payment platform worthy of mentioning is Venmo, which is actually another digital wallet, and a social commerce platform. It is an excellent way to carry out purchases and different transactions. It also offers numerous different features that can be very useful for users.


  • Instant messaging
  • Data encryption
  • Mobile app
  • Web apps
  • Social media syncing


  • Free account opening and maintenance
  • 3% fee for sending money via credit card
  • 1% fees for instant transactions
  • $3 fee per transaction for OTC bank cash withdrawal
  • $2.50 fee per transaction for ATM withdrawals.

PayPal Alternatives No.15: ProPay

Paypal Alternatives: ProPay

ProPay is a pioneer in payment data security, tokenization services, and providing end-to-end encryption for merchants around the world. It is one of the best PayPal alternatives for businesses around the globe, and has been ever since 2009.


  • Predictable pricing
  • Great for direct selling
  • Useful in e-commerce
  • ProPay Gateway
  • International processing


  • $39.95 signup fee
  • 2.40% swipe rate
  • $69.95 fee for annual renewals
  • 3.35% keyed-in rate
  • Free mobile card reader
  • $0.30 fee for bank transfers
  • 3.20% for Amex, Swiped and Keyed

“Platinum and Card Reader”

  • $69.95 sign-up fee
  • 2.40% swiped rate
  • $69.95 fee for yearly renewal
  • 3.35% Keyed-in rate
  • 0.30% fee for bank transfers
  • Free mobile card reader
  • 3.20% Amex, Swiped, and Keyed fe

“For both plans”

  • No monthly minimum
  • Maximum volume per month: $3,000
  • Maximum volume per transaction: $500

PayPal Alternatives No.16: WePay

Paypal Alternatives: WePay

Founded in 2008 as an alternative to PayPal, WePay used to be a very popular payment solution, which has since adopted a more behind-the-scenes role. It is a 3rd party payment facilitator, and it operates similar to PayPal itself, but also services like Square or Stripe. It currently works as a payment processor and a platform partner, where it participates in fundraising, accounting, event management, and e-commerce.


  • Payment processing
  • Developer Documentation/API
  • White-Label payments
  • Risk management
  • Fraud protection


  • 2.9% + $0.30 transaction fee
  • $15 ACH return fee
  • $15 Chargeback fee
  • $25 research fee (charged if the service thinks the account is abandoned)

PayPal Alternatives No.17: Zelle

Paypal Alternatives: Zelle

Zelle is an excellent PayPal alternative for personal use. It is backed by numerous major banks in the US, and it is mostly capable of transferring money within minutes. However, transfer to and from unsupported banks tend to last significantly longer, and the service also features some unclear limits, as it all varies depending on different banks. Unfortunately, it only offers services to US clients.


  • No fees when sending money to other Zelle users
  • Backed by over 30 banks
  • Instant transfers
  • Simple setup
  • Allows you to cancel payments


  • No fees

PayPal Alternatives No.18: BlueSnap

Paypal Alternatives: BlueSnap

Bluesnap is a great solution for merchants that comes with numerous features. It offers intelligent payment routing, which in turn offers payment analytics, conversions, risk management, easy integrations with various platforms, and more.


  • Online and mobile checkout
  • Invoice payments
  • Virtual terminal
  • Connected to 30 global banks
  • 100 shopper currencies and 17 payout currencies


  • 2.9% + $0.30 fee per transaction for US merchants
  • 1.4% + $0.30 fee per transaction for EU merchants
  • Global pricing of 3.90% + $0.30
  • No monthly fees during the first 12 months
  • No fees if processing over $2,500 per month

PayPal Alternatives No.19: Authorize.Net

Paypal Alternatives: AuthorizeNet

Authorize.Net is among the oldest and most popular payment gateway providers, which specializes in eCommerce. It is based in Utah, USA, and it was founded back in 1996. It was acquired in 2007 by CyberSource, which was then acquired by Visa in 2010. However, it should be clear that this is not a merchant account provider, but a payment gateway that also offers its own products and services.


  • Supports multiple currencies
  • Great anti-fraud and security features
  • No long-term contracts needed
  • Month-to-month billing


  • $49 fee for account setup
  • $25 fee for monthly gateway use
  • 2.9% +$0.30 processing fee per transaction

PayPal Alternatives No.20: UnionPay International

Paypal Alternatives: UnionPay

UnionPay is an electronic payment system which is the only national payment system use in China. It has been operating since 2002, and it has been collaborating with China’s Central Bank during its entire existence. It includes over 300 institutions in and out oft he country. It has a subsidiary, UnionPay International, which has enabled card acceptance in 174 different countries and regions.


  • High-quality service
  • Cost-effective
  • Offers secure international payments
  • Provides various convenient local services to merchants and cardholders alike

PayPal Alternatives No.21: WebMoney Transfer

Paypal Alternatives: WebMoney Transfer

Another excellent international payment system is WebMoney Transfer, which acts as a medium for online businesses. It is another old service which has been around for over two decades. During that time, it gathered over 36 million users from around the world. It lets you keep records, raise funds, enter into secure transactions, resolve disputes, and more.


  • Mobile wallet
  • Contract drafting tool
  • Online reporting
  • Digital purse
  • Fast money transfers


  • 0.8% transaction fee for sending funds
  • Free receiving funds
  • 0,01 WM units per transaction

PayPal Alternatives No.22: MagicPay

Paypal Alternatives: MagicPay

Then, there is MagicPay, which specializes in high-risk merchant accounts. It is a Florida-based credit card processor, which offers services to high-risk and low-risk businesses alike. It accepts major credit and debit cards, via POS systems, countertop credit card machines, mobile devices, and more.


  • Transparent
  • Simple interface
  • Hardware solutions
  • Good customer service


  • PC/tablet-based POS systems require  $10 per month and 0.50% + 5 cent per transaction
  • Basic countertop terminal requires $20 per month and
  • 0.50% + 5 cents per transaction
  • Wireless terminal requires $30 per month and 0.50% + 10 cents per transaction
  • 1.69% + $0.20 Swiped qualified
  • 2.39% + $0.20 Swiped mid-qualified
  • 3.49% + $0.20 Keyed qualified/mid-qualified
  • 3.49% + $0.20 non-qualified keyed/swiped

PayPal Alternatives No.23: Dwolla

Paypal Alternatives: Dwolla

Dwolla started off as a P2P bank transfer platform that also provided services to businesses. However, it changed over the years, and while it still offers bank transfers, it became more of a developer-friendly software option for businesses, thus slightly stepping away from a PayPal-like service. It is not a merchant account provider, nor a 3rd party processor, but rather an agent for credit unions and banks that companies can partner with.


  • ACH payments
  • Requires account verification
  • Recurring payments
  • On demand payments
  • Excellent security


  • 0.5% per transaction for a start plan
  • Custom fees for Scale plan
  • Custom fees for the Enterprise plan
  • $15 reversal fee

PayPal Alternatives: Conclusion

And that is it. These are our top PayPal alternatives for both businesses and individuals. As you can see, their fees can differ in number and amount, and in many cases, they depend on the amount that is being transferred and processed per month, as it is often the case with services used by major enterprises.

Did you like our top picks? Which PayPal alternative sounds the most interesting to you?

Let us know in the comments below.

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