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PayPal Alternatives: 7 Best Online Payment App

  • July 28, 2020

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PayPal is the most popular online payment app out there. However, the most popular does not always mean the best. Depending on your circumstances, PayPal may not be the best option for you personally.

The good news is that there is plenty of other, albeit less known, options out there. There are many options, especially if you are looking for something to make peer to peer payments. Several apps out there are used mostly for informal situations, ones that don't modify your taxes in any way. For example, if you go out to eat and want to split the bill with a friend, PayPal could be tricky as it could look like a business transaction and most often than not, you will find yourself using a PayPal fee calculator.

In this article, we will briefly introduce some of the most popular peers to peer payment apps and highlight some of their benefits. We will also mention some of the best PayPal alternatives for online shopping and business transactions. Some things to keep in mind is the ease of use, safety (fraud protection), and potential geographic limitations.

1: Payoneer

This is probably the most popular alternative to PayPal, and it is quite comparable as far as service goes. There are no geographic limitations as it can be used around the world, and accounts come with a prepaid card that is accepted anywhere that used Mastercard. 

Payoneer is very popular with freelancers since many freelancer sites prefer to use it for payments. We mentioned Payoneer first since it is the most similar to PayPal, allowing for peer to peer payments or business transactions and shopping alike.

2: Venmo 

Venmo is a peer to peer payment app that has become extremely popular in the last few years. It is connected to PayPal and therefore comes with the added security assurance of a reliable and reputable company. The digital wallet makes it very easy to send money to your contacts.

Venmo mixes the feel of a social network with the convenience of a money transfer app. It includes a feed that can be used to write comments about transactions, adding to its popularity among millennial. It is extremely easy and fast to send money to friends, but it cannot be used for business transactions or shopping.

3: Google Wallet

This app is convenient because it allows you to easily transfer money from your bank account to an email address. You can also use a credit card to send cash to and email, which can be very convenient, although they charge a 2.9 percent fee for that particular service. 

Google Wallet can also be used in one of the many stores that accept it online and in person.

Related:How To Make Money: 2020 Guide

4: Dwolla

Dwolla, similar to Venmo, allows you to send money to your contacts with ease. It is very easy to use and inexpensive; they have a fixed fee of twenty-five cents no matter how much you are sending. So if you send larger amounts, this can be advantageous. 

The downside is that it only works in the United States, while this may not be a problem for all, it may cause complications due to increased globalization

5: Skrill

This British payment app is another great option for online money transfers. You can transfer money to another person with a very low rate of one cent. Also, it can be used for online shopping. It is a favorite for online gamblers since it can be used for gambling, PayPal, on the other hand, cannot be used on such sites. 

6: 2Checkout

This is a good alternative for businesses that do a lot of international transactions. 2Checkout supports 87 currencies, and the app has fifteen different languages options. 

It is easy to use, and it is secure. However, the rates may seem a little high to some. The rates change depending on the country. In the United States, the set rate is 2.9 percent in addition to a thirty cent fixed transaction fee.

7: WePay

WePay has become very popular in recent years, mostly thanks to GoFundMe, who uses WePay on its platform. WePay is tailored more to online businesses.

A selling point for this payment app is that it was bought by JPMorgan and is considered very solid and trustworthy. 


PayPal is not the only option, while it has some great advantages; it also has some flaws. It is nice to be familiar with the alternative payment apps and to have the option to decide for ourselves which option suits our needs and tastes. When considering alternatives to PayPal, it is wise to remember our advice above, always consider ease of use, geographical limitations, and safety. Taking these factors into consideration, along with personal preferences, of course, you will be able to discover the best payment app for you!