Best Paypal Alternatives to Use for Online Business?

What are the best Paypal alternatives to use for online business

Whether you are playing slots at casinos or doing your online business transaction you always thing of  the best payment processor which is fast, reliable and safe. Paypal being a popular in the market for getting paid for your goods and services, you just jump to it. But PayPal isn’t the only one as there are currently lots of payment providers in the online space. You might also ask why to go for others when Paypal is the one that is trusted for long time. Well the answer is simple; not all clients can make PayPal payments. Some of your clients simply can’t, or won’t, use PayPal. They might not be in an area that PayPal accepts payments from, or their accounting systems don’t support PayPal. Or perhaps they’ve had a bad experience with the platform, or want an easier way to pay.

Also you don’t want all your online payment in one basket because many a times some bad experiences of for blocking accounts have also been in the news. That means you can’t receive payments or access your funds until they decide to unblock you. The lack of cashflow could leave you vulnerable, so alternative payment options are essential.

So that means is Paypal not better. No that is not what we can say but PayPal is best for smaller amounts. The fees you pay for PayPal can really add up, especially on larger transactions. Other payment providers may charge lower fees, so you keep costs down and that means greater profits.

PayPal’s international fees are also really high. If you dig into PayPal’s fees, you’ll see they charge a big premium for accepting international payments. Combine this with less than ideal exchange rates, and you’ll pay a hefty overhead for any international business.

Hmm.. so now you feel that you really need an alternative for Paypal. Obviously at casinos you can find many like Neteller, Skrill, Bank Wire transfer, Credit Cards but for your online business transactions here are the best Paypal alternatives that you can try to use.

1. Stripe

Stripe Canada

Stripe is one of the PayPal’s biggest competitors that offers a simple, easy user interface, full payment integration, and fast transfers into your bank account.

With easy to use and simple to set up it offers fast money transfer  and full payment integration with most third-party services and also works with over 300 other apps.

Stripe offers multiple payment options for customers which means accepts payment via multiple debit and credit cards, Bitcoin, Apple Pay and Android Pay.

There is no additional international payment fees for international customers and offers full support for custom development and integration.

In Canada Stripe charges a flat fee of 2.9% of every transaction, plus an additional 30c per transaction. There are no other fees for processing transactions.

2. Transferwise

Transferwise Canada

Transferwise focuses entirely on international payments. They’re a great choice if you have lots of international customers and want to keep fees down.

So that means you can accept payments from clients, anywhere in the world and receive payment into your bank account within 2 – 4 days of being paid. This payment process is simple, fast, and easy to use and all transfers are based on real-time exchange rates.

Transferwise fees are very low, and are typically less than half of what you would pay to transfer money via your bank. Transferwise also provides much better exchange rates than most other international payment providers, especially PayPal.

3. Google Wallet

Google Wallet Canada

As the biggest tech player in the online space, Google naturally has its own payment solution. Google Wallet is a simple, elegant, and free way to accept payments. With Google Wallet you can receive money from anyone. It is not necessary to have the Wallet app installed, just an email address or phone number is sufficient to send and receive money.

Google Wallet automatically transfers your received payments into your bank. You can can pay through Google wallet’s website, or through a mobile app on your smartphone.

Most important is that Google Wallet does not charge any fees. Note that you can’t use Google Wallet if you’re a registered company (e.g. a Limited or LLC entity) but you can use it if you’re a sole proprietor.

4. Shopify Payments

Shopify Canada

Shopify is the best payment gateway for retailers or those who run online an eCommerce site. The Shopify’s integrated payment system can be a great way to get payments from customers. Shopify Payments comes as part of the overall Shopify eCommerce service.

This payment processor works with the overall Shopify eCommerce platform for a seamless customer experience. The Shopify platform has dozens of other features. Like it integrates with other apps and systems,  with third party payment processors and other apps, including Facebook Shop, Twitter, and Pinterest.

You can accept payments from international customers in the UK, US, and Australia at no additional charge. Also works with many online accounting apps to make reconciliation and reporting easier.

Shopify charges a monthly fee for its overall eCommerce platform, available in a variety of plans. The amount you pay for Shopify payments depends on which plan you use. In the Canada the fees are:

  • Shopify Basic: 2.9% + 30c per transaction.
  • Shopify Pro: 2.7% + 30c per transaction.
  • Shopify Unlimited: 2.4% + 30c per transaction.

5. Amazon Payments

Amazon Canada

The Amazon Payments system isn’t just limited to selling on Amazon. You can integrate the Amazon Payments system in many different ways and let people pay for goods and services with their stored Amazon account details.

What makes Amazon unique payment gateway is the strong Amazon branding that creates trust with your users. Due to the huge number of Amazon customers, their payment details are already stored making payment quick and easy.

Also you can order and pay for goods with one click. Amazon charges slightly different amounts for domestic and international payments. In Canada the fees are as follows:

  • For domestic payments flat fee of 2.9% of every transaction, plus an additional 30c per transaction.
  • For international payments a flat fee of 3.9% of every transaction, plus an additional 30c per transaction.

6. Payoneer


Payoneer is a complete, integrated, fully-featured payment platform. It has a strong focus on international transactions and payments, making it easy to get paid by clients and customers around the world.

You can receive funds within minutes of getting paid as well as send payment requests alongwith multiple options for invoicing, billing, and getting paid. If you need to send money to others, Payoneer makes it easy to send bulk payments to multiple recipients.

Also you can setup a “virtual bank account” so you can receive payments in multiple currencies. You can withdraw funds to your local bank account at any time.

Receiving funds from another Payoneer customer is free. Receiving payments from your international, virtual bank accounts is free for many currencies and attracts a 1% fee for CA dollars. If you are receiving payments via a credit or debit card it attracts a 3% fee.


Authorize Net is one of the most established payment providers there is, with more than 20 years of experience in providing payment services.

This online payment processor accepts payments from all major debit and credit cards, Android Pay, Apple Pay, eCheck, and Visa Checkout. It also accept money from clients and customers around the world. With developed APIs it allows integration with other apps to understand and process transaction details.

Also securely stores customer information to make future purchases easier. With $49 setup fee and a $25 monthly fee it charges a flat fee of 2.9% of every transaction, plus an additional 30c per transaction for domestic payments. For International payments you need an additional fee of 1.5% of every transaction.

8. Payline Data

Payline Data

Payline Data takes an innovative approach to collecting money. In addition to a standard checkout system, API, and mobile payments, clients can also schedule appointments and pay at the same time. Their fees are also extremely low.

With Payline Gateway you can pay securely online, through integration with many other apps and services. It also provides a point of sale service and hardware to support face-to-face transactions.

With a fully featured API it allows for seamless connection and integration to other apps and providers. Even send and receive mobile payments.

With a $15 monthly fee you need to pay a flat fee of 0.35%, plus an additional 10c per transaction.

Besides these best Paypal alternatives you also will find many other online and face-to-face payment services available. You always need to look at all the fees involved before joining any of the payment gateway. Some payment processors charge hidden fees so better review the entire fee schedule

Also look at the supported features. If you want recurring billing, subscription services, point of sale support, or other options, make sure you understand all of the features. Explore options for customizing the API and integrations with other apps to help all your various apps work together better.

Remember ultimately it comes down to protecting your cash flow, reducing your costs, and not leaving money on the table. Hopefully these best Paypal alternatives will help you with your online business some how.