7 online payment tools for e-commerce that are alternatives to PayPal

Thursday, April 21, 2022

7 online payment tools for e-commerce that are alternatives to PayPal

Alternatives E-commerce Online Payments

Do you have an e-commerce and are looking for payment alternatives other than PayPal? We will tell you some of the payment tools for electronic commerce that can be alternatives to this payment method.

PayPal has always been the preferred tool for online payments related to e-commerce , but it is always good to offer your customers several forms of payment, other than bank deposit, or credit or debit cards.

Currently, although PayPal is still used as a secure online payment option, not everyone is pleased, so if you find yourself looking for alternatives, we offer you a list of the most used options.

7 Alternatives to PayPal for Online Payments


It consists of a built-in payment processing system that comes by default as part of the entire Shopify platform. Which means that you won't have to worry about incorporating an external payment gateway.

You will be able to manage your transaction processing system directly from the main Shopify dashboard, this will result in a perfect cohesion between your online store and your payment system.

Shopify also offers POS hardware, to support well-timed payments in the store.

One of the things that Shopify stands out over PayPal is that, at transaction fees above card processing fees, it qualifies them as zero transaction fees, while PayPal will force you to pay between: 0.5 to 2%.

Only card processing fees will be paid, when based on a specific Shopify plan. The highest that can be obtained per transaction will be 2.9% + 0.30 dollars per transaction and the lowest will be 2.4% + 0.30 dollars.

While PayPal takes 5-7 business days for subsequent payments, Shopify's are scheduled for every 3 business day.

In short, Shopify is capable of offering a seamless payment management experience. It can be integrated with a wide range of platforms and solutions, including third-party payment processors. It can facilitate reporting and accounting, as it works well with a wide variety of applications in this area.

Among the negative aspects of this tool we could mention that it is not available in all countries, your account could be investigated without prior notice, as well as frozen, and you will have to pay the value of 15 dollars for each individual chargeback.


With the Payoneer tool you will get a debit card and an online account, which will facilitate online shopping, as well as sending and receiving money.

With the debit card you can go to the ATM, as well as you can use it in a physical store.

Payoneer has some handy tools and integrations for freelancers who want to accept money from their customers, especially for international payments.

You can use Payoneer anywhere in the world . The transaction process does not require great programming knowledge, since you will be able to implement the system on your website and obtain the money in a very short period of time.

You will have easy access to your money, either through your bank account or debit card.

Among the negative aspects that can be highlighted about Payoneer is that they generally have a fee for transfers to a bank account, there is no payment gateway, accepting credit cards will generate high fees, as well as the use of ATMs.


It is a tool that allows you to make mobile payments, online and through the store. It is much more flexible than PayPal when it comes to simplifying the actions of retail businesses.

The fees vary according to the types of cards you end up processing, because it doesn't use the standard static pricing program.

Their exchange model can be considered one of the most transparent in the payment processing space.

It also offers a range of in-store credit card processing packages, complete with robust support hardware.

The offline transaction fees that Payline offers are definitely cheaper than those offered by PayPal.

Its payment line supports mobile payments and offers an API with the necessary functions that make integrations with third-party solutions and platforms much easier.

Although Payline is a payment alternative to PayPal, it has some negative aspects, such as that it is only available in the United States.

It becomes difficult to know the fees you may incur, due to the exchange model used plus prices and the electronic commerce payment processing functions, they cannot coincide with those of PayPal.


It helps consumers, freelancers, and businesses send, receive, and spend money across borders at significantly reduced fees.

When it comes to international transfers, it is a much cheaper option than PayPal.

Their prices are very transparent. Eliminate hidden fees and stick to an initial transfer fee. As it does?

Let's say you have a friend in the USA who wants to make a transfer to a person in Spain. When your friend makes the transfer, it will go to the TransferWise USA bank account, which in turn will make the payment to the person in Spain with the TransferWise Spain bank account, using the real exchange rate.

As you can see, money will never cross the border so they can keep costs low and allow transactions to be much faster.

It also allows you to bill your customers in the currency you want.

Among the unfavorable aspects of TransferWise, one can cite the fact that, you can only send or receive money through bank transfers, it does not have a recurring billing and you can only receive money in the following currencies: EUR, USD, AUD and GPB with the account without borders.


Of all the PayPal alternatives, Stripe is probably the most popular.

Stripe eliminates the need for a merchant account and link bridge, as everything is handled by this platform . From collecting payments to sending those papos to the bank.

Their basic transaction fees are very similar to PayPal's.

Stripe makes mobile payments available to you, accepts payments from people and companies around the world, offers real-time rate reports, you only pay for what you use, there are no monthly, hidden, or installation fees, it is compatible with Apple and Android Pay, automatically place the money from your transaction in a bank account.

Regarding its negative points: you will have to wait a few days to have access to the money, merchant accounts are only available in the USA, Canada, United Kingdom, Australia and many European countries, you may need programming knowledge to handle its interface, the Transaction fees for international cards will have an additional 1% surcharge.

Google Pay.

If you want a place to store and use your credit or debit cards, one of the best alternatives to PayPal is Google Pay or Google Wallet. You can put all your cards in your phone to spend in physical stores.

Google Business customers can accept Google Pay payments, either in a physical store or on their website.

There are no fees and your customers do not charge anything, the security is quite solid, its main feature is the payment from smartphones and both the sending and receiving payments will be done quickly.

On the negative side, we must say that it is limited to iPhones and some Android phones only. Also, when it comes to safety, there are still some points to consider.


This platform supports a good number of payment options, including debit and credit cards. Its network extends globally.

It supports both online and offline card transactions, so you can use WorldPay in your e-commerce business, as well as in store.

Within its offer in offline payments, you can take advantage of the processing of ATMs, its POS system and its mobile payment function to accept cash and cards.

There is great diversity in their pricing schedule and you will end up paying depending on average monthly processing volume and transaction history.

Offline processing may cost as standard 2.9% plus $ 0.30 for each transaction.

WorldPay offers customer support 7 days a week, 24 hours a day, has a global payments network, supports a large number of online processing options, its pricing schedule is flexible.

Some negative things that you should take into consideration is that, their free terminal offer is misleading, you have to commit to a contract of at least 3 years and ending the contract before the established time may cost you $ 295.

We have finished with our list, you only have to analyze each of these alternatives to PayPal: rates, scope and ability to increase conversions, so that you can make a decision about which of them will integrate your business, considering it the most favorable.

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Has this information on PayPal payment alternatives been useful to you? Which of them would you choose? Do you know any other that you can share with us? Leave us your comments.

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