10 Best PayPal Alternatives

Just like everyone, I’m having problems using PayPal from my country, Nigeria, all because PayPal does not support Nigerians from using its service. So, I have the right to look for other services which I can use to make payment online or receive money from my clients online. And here am I with the list of the Top 10 Best PayPal Alternatives for 2012 if you are having the same issues using PayPal in your country as well.

PayPal Alternatives Lists 2012

1. Bitcoin

If you haven’t been using Bitcoin for online payment, you are missing a lot. Apart from its speed of payment confirmation, the charges are relatively lower than what PayPal charges.

PayZa (aff)

AlertPay is now known as PayZa because the company has changed some part of its network but everything still remains the same as it was before. The only thing there is that, the new development in the company will witness new tools, new features, new service delivery and many more other things. It is ranked #1 as one of the best payment processing company that can replace the popular but stubborn one that we have now (PP :)). You can easily withdraw your money from one account to the other or directly send your cash to direct bank account. So Payza is among the best paypal alternatives if you want to use them.

Click here to read the full Payza review.

2. Payoneer

Payoneer is another payment system that I have used recently without bad review for them. The service has large database of users all across the internet with different websites integrating its billing system into their shopping cart interface and many more other similar online payment activities. Companies like WUBB, Odesk and many others are making use of Payoneer online payment system to pay all of their workers with ease and you can test them out for yourself. Apart from all of its features that I have mentioned above, you can use Payoneer prepaid credit card to buy things online and also reload the card directly from their website as explained here.

Personally, Payoneer has become an integral part of this blog, serving as our #1 payment system for advertisers and everyone doing business with the blog.

And we ranked it #2 among the best paypal alternatives!

3. Digital River

Digital River is an online payment company that is based in Eden Prairie, Minnesota. The company has had good business partnership with over 40,000 online stores within the couple of years it has been established, helping business in delivering e-commerce functionality that will make business grows. Digital River delivers its service to all manner of businesses all over the world with good praises from their users.

4. Escrow.com

Highly recommended for Large and Single item transactions. Escrow.com is an online escrow payment company that considerably decrease the likely risk of fraud in all of your online business transaction activities by acting as a trusted third party in the whole transaction process. Big company like AliExpres is using Escrow as their mode of payment for all the manufacturers in the company’s database to safeguard their investments from fraudulent foreigners. Escrow will collect the money from the buyer and hold it until the seller deliver the product to the buyer before they release the fund to the seller (until each party reached satisfactory stage of the whole transaction).

Though, it is not designed for high volume transaction but, it is good for people selling good with high tickets, for example, someone selling a boat, a website or a car can easily use Escrow.

It is currently the fastest method for conducting large transactions online. The company has good customer support which makes it easier for people to easily do online transaction without the fear of being duped by fraudsters. However, you should know that they charge some percentage for all the transaction, so you need to pay proper attention to that before using them. But, since you are in need of good and secure payment, there shouldn’t be any reason why you will not use them since they have 100% assurance of making your business transactions a success!

5. Perfect Money

I have an account with Perfect Money when I was still doing some online investment with some UK based companies in 2009, but, ever since, I’ve not been using them again because I don’t do more online fast investments that don’t yields any result at the end of the day. But I do recommend you to use the service. PM is cool and we recommend it for people looking for an alternative to paypal – it is one of the best paypal alternatives.

6. CertaPay

Highly recommended for Canadians. CertaPay is a service that is highly recommended by eBay, the popular online shopping portal. If you are an eBay user, you’ll surely like to use CertaPay but it is only good for the people living in Canada. And to back that up, it works only for good listed on eBay Canada stores. The reason being that, it is associated with Canadian bank accounts and that means you can easily transfer money from your Canadian bank to the payment processor account. CertaPay is proudly owned by Acxsys Corporation and the company is solid when it comes to financial stability.

7. Merchantinc.com

Recommended for US Sellers Only. Merchantinc.com is an online based website that delivers a service which is highly compatible with eBay credit card processing services, but it is only available for the US residents. Even if you are a citizen of the US but resides in another country, you might not be able to use this service except you reside in the states. The service is back up by National Merchant Bancard, the company which is highly known and respected as U.S Merchant Account providing company.

They charge $7.95 for website processing, all along with your eBay payment processing. And another thing that makes them preferable is that, their transaction fee is relatively low compared to that of PayPal. Their service includes:

• eBay compatible shopping cart system
• Payment gateway
• Merchant account

And their feature includes:

• 5 minutes application process
• Setup completely done online
• One-time setup with instant integration
• Direct bank account deposit (all your money is directly deposited into your bank account and not a PayPal account as the case is for people living in Indians). With this, you have more power to control how your money generates returns for you with no one interfering in your account activities.

8. Allpay.net

Highly recommended for all U.K. citizens and companies. AllPay is another payment processor that is approved by eBay to be accepted on all eBay websites all over the world including Europe and the United States of America. AllPay is originated from United Kingdom with its base there and has solid reputation in the country with good customer support service. The company is highly useless for people leaving outside U.K. but it people living in Western Europe can use (e.g. Belgium, The Netherlands, France and Germany).

Service features:

• Swipe card payments
• Direct debit
• Internet payments
• Mobile phone payments
• General bill payments

9. Go&Pay

This is a service that lets you collect payment for products that aren’t eBay related, or when you want to make payment on products that aren’t eBay related products. You can easily use this service when you have a product that you wanted to sell online on eBay.

Others

OkPay and UKash and many more others but if you have a new paypal alternatives that you would like us to include in this post, please share them below so that the post can be updated!

Update!!!

According to the United States law, Liberty Reserve has been seized for involvement in money laundering…so, the company is no longer active. So, we have removed them from the list so as to protect our users. Thank you