Just as you use cash and plastic in the bricks and mortar stores, use a Pay Pal alternative wherever you can.
After all, some people can’t always make or receive Pay Pal payments, and the fees the company charges can be prohibitive in some cases.
But is it really the best and most secure method of making online payments?
We look at 5 Pay Pal alternatives that you might consider switching to, or using in conjunction. It might be because you signed up to pay a seller on e Bay, or because you run an online store that uses Pay Pal to take payments, something that is now possible offline.
Perhaps you’re fully invested in their way of doing things. Pay Pal accounts regularly get blocked, either because they’ve been hijacked (although in my experience, Pay Pal are always slower to act than the user) or because (according to those who have had their accounts blocked) someone at Pay Pal made a decision that didn’t reflect that facts.
Whatever the case, it makes no sense to have a solitary online payment service relationship.
More and more Pay Pal alternatives are appearing, giving consumers a new way to pay, one that might be cheaper, more flexible, more reliable, with better customer service or simply offering a better way of doing things.
There is a good chance that you’re happy with Pay Pal.It’s free to send and receive money from your linked bank account or from your Google Wallet balance (a 0 limit per 30 days), while credit card transactions have a 2.9% fee.Interestingly, Google Wallet has started offering users free debit cards Google Wallet is now offering their US users a free debit card for offline purchases anywhere that accepts Mastercard or debit cards, as well as withdrawing cash from your Wallet account at ATMs and banks. Based in the UK, Nochex is a relatively small service compared to the others mentioned here, but there is a strong chance that you have used it as an alternative to Pay Pal already, or at least seen it listed as a payment option.Billionaire entrepreneur Elon Musk recently purchased for an undisclosed amount.The single letter site belonged to Musk — and operated as a financial service and email payment company — prior to the launch of Pay Pal.It’s unclear at the moment Musk’s plans for the site, but the Space X and Tesla CEO may plan to use the domain name for a new venture or one of the aforementioned businesses.