While Freelancing and Blogging was a fresh field a few years ago, Payments across the globe were only feasible through PayPal. This, however, has altered today and there are quite a few PayPal alternatives that guarantee easy payments across the nation for those freelancers and customers who found PayPal to be obstructive.
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These are genuine ways of getting your cash electronically in no time at all. Most PayPal alternatives have PayPal-like websites and each has different features. So, if you are a freelancer who is not able to take-up cross border works because you do not have a PayPal account, then worry no more!
Below, we have listed some of the best money transfer sites for your easy access, so that you do not have to struggle to go through the long process of creating a PayPal account! The list is in no particular order and you can choose whatever suits you best.
1. Payoneer
Payoneer will not charge you for signing up but will reward you $25 bonus on the transaction amount of $1,000. They have different fee level which depends on the mode of payment.
For instance, for direct credit card payments, 3% of the transaction amount is charged. A Fee of $1.50 will be charged for transferring the money in a local bank and on withdrawing money in other currency, an account fee of 2% of the transaction amount will be charged.
Although opening an account in Payoneer is a simpler process, the downside is that their transaction fees are a little higher as compared to Stripe or Paypal.
2. Stripe
Lower charges, ease of use, and seamless inclusion into famous WordPress eCommerce platforms such as WooCommerce and Shopify are the best part about using Stripe.
By using all significant debit and credit cards accessible in over 13 nations, you can also create freelancer payments using stripes.
Stripe can be used to accept one-time payments and even to accept recurring payments. Therefore, you can use this payment technique for no fixed or monthly fee and be truly global with an online business as a blogger or freelancer.
There are no fees for installation or any monthly fees. The cost of a transaction through Stripe is 2.9%+ 30 cents per transaction.
3. TransferWise
TransferWise is one of the cheapest alternatives of PayPal. Its multi-currency borderless account can help your freelancing business, as you can receive money at a very minimal fee.
It has a transparent pricing approach and it sticks to flat pricing. You just need to create an account in Transferwise and send a payment request to your customer.
The customer can easily create an account and can pay the money through their credit cards. All the platform fees or transaction fees will be levied on to your client.
4. 2CheckOut
Also known as 2CO, 2Checkout has many favorable reviews and is regarded as PayPal’s best alternative. 2CheckOut provides eight different payment types, 15 languages, and 87 currency options in more than 200 markets around the world.
Although it doesn’t support direct transactions and requires you to use other invoicing software, it processes payments via credit cards and also allows you to accept payment through PayPal without a PayPal account.
It’s simple to get on board with 2CheckOut and their assistance is fairly great to help you have a smoother experience.
5. Skrill
Skrill is another Paypal alternative, and better than Payoneer. To begin with, you create an account, make payments, withdraw funds, and use the Skrill prepaid MasterCard to shop around the world or withdraw from ATM.
There is also an Android and iPhone app that enables you to use your phone to handle your transactions.
6. Remitly
Remitly runs excellent advertising deals and there’s no charge for transfers over $1000. By merely logging into your account and transferring cash to your card, payments can be produced by credit card or debit.
You also have a fee-free choice to send payment, but that takes up to 3 days. I think it is a good option if you’re not in a hurry. Also, if you are in India, it gives you nationwide coverage, and you can transfer money to more than 130 banks!
7. Instamojo
Instamojo is a firm based in Bangalore that aims to sell digital goods and collect internet payments. Use @username or email address to send payment to other Instamojo users rapidly.
Similarly, by giving your username to others, you can receive payment. Instamojo provides different alternatives for entrepreneurs and freelancers of today’s age. There are no setup fees and they charge you only 2% + Rs.3 for every successful transaction.
8. Google Pay
An article without Google?? Difficult to write! Google Pay is a very easy to set up option and by far the best Paypal alternative! It is my favorite because it hardly takes 2 minutes to set up and there’s no transaction fee!
Your client just needs to have a credit/debit card linked to the Google pay wallet, and for every transaction to be made, he/she would just need to enter the OTP or the password.
You can easily send out payments from your smartphone and it can be done online or in person, and with Google, you can rest assured about security.
9. Dwolla
If you are somebody who is looking for frequent bank transfers, then Dwolla can be another alternative for you. In contrast to PayPal, Dwolla does not use Cards. Rather, connecting directly with your bank account, it promotes the transfer of funds.
Now, the best part about removing card usage is that the transaction costs are kept low. In reality, Dwolla is helping everyone with a smartphone to send cash at the lowest possible cost.
Dwolla doesn’t charge for transactions amounts less than $10 and for every transaction exceeding $10, has flat pricing of $0.25. Thus, if you are a newbie and you are worried about transaction charges, Dwolla is the solution.
The above-mentioned PayPal alternatives are the best ones for Freelancers and Bloggers. If you own a shop or are looking for an in-store payment option, you can also check out Payline, Shopify, Square, Intuit, and Authorize.net.
In case you think we are missing out on something, please do let us know so that we can share it with our other freelancer friends. Also, do let us know which is the alternative you use and why, by writing in our comment section below. Till then, Happy Working and Happy Earning!
I think you missed revolut. It is in the same category as Transferwire