Are you a freelancer or just looking for some options to get paid for your services? Maybe you want to sell services via WordPress? Well, we all know that PayPal has been the number 1 option for a long while. Unfortunately this service is not necessarily available in all countries and not all clients have accounts or want to use it. Today we thought we would share with you the best PayPal alternatives of getting paid for your services.
Stripe has quickly become the most popular PayPal alternative and one of the most popular payment gateways. Unfortunately, it is only available in select few countries.
Stripe fees vary depending on which country you are in. For the United States, they have a fixed 2.9% + 30¢ fees for any successful credit card charge. They might be different for other countries though.
The bad part of using this service would be that is still available in not so many countries for the moment, but they are promising to expand fast.
Transferwise allows your clients to pay you directly in your local currency. Your clients will be charged for the payment, and it will be sent to your bank account as a local transfer.
It is available in many countries and currencies. Transferwise fees vary depending on the location of both sender and receiver. However, we have found it to be often way lower than other payment services or a direct wire transfer. They also use the same exchange rate that you see on Google or XE, which also saves you additional money in currency exchange.
One downside is that Transferwise doesn’t allow business payments to be sent in some countries. Make sure to check the country page before requesting your clients to send you money for pricing and business payment status.
We would also recommend you to check out the article from Rob Rawson about TransferWise who wrote an in-depth review of the service and compared it to other ones, showing the PROs and CONs and providing a good comparison between them.
Payoneer is a reliable name in the online payments industry. It is available in many countries around the world. There are currently no integrations available to connect it directly to your eCommerce or membership website. However, you can request clients to send payments via Payoneer.
Payoneer also makes it quite convenient to withdraw payments into your local bank account or use Payoneer branded debit card to withdraw payments from ATMs anywhere in the world. The downside is that their fees are higher compared to Stripe or PayPal, but lower than some other payment service providers.
For accepting credit card payments directly from clients, you will be charged 3% of the transaction amount. Additionally you will be charged $1.50 for local bank transfer in the same currency. If you are withdrawing amount in another currency account, then you will pay an additional 2% of the transaction amount.
Payza is a another popular PayPal alternative payment service. It is available in many countries and have integration addons available for some popular WordPress eCommerce plugins. Due to its availability in many countries, it is quickly becoming popular among freelancers.
Payza allows you to withdraw funds using wire transfer, bank transfer, Bitcoin, and through their Payza branded Mastercard.
Sending money through Payza is free, but withdrawing money is not so cheap. Depending on which withdrawal method you choose, you may end up paying quite a lot of your freelance earnings to Payza. For the United States, you will pay 2.90 % + $0.30 USD per transaction. Credit card payments will start at 5.49 % + $ 0.65 receiving fee.
2Checkout is a one of the most known payment gateways and a good PayPal alternative. All popular eCommerce plugins for WordPress have addons to integrate 2Checkout as your payment gateway. You can also add it to your online store and start selling products to countries where Stripe or PayPal are not supported.
They offer different payment withdraw methods, and you can even integrate your Payoneer debit card to withdraw payments. Other notable features include recurring payments, hosted checkout experience, multiple currencies and languages support.
The service charges differ depending on which country you are located in. For the United States, you will be charged 2.9% of the transaction amount + 30¢ on each transaction.
Somehow new to the market, this service looks promising. Again, the expansion is going strong but their service is not available everywhere. They have a well thought API which developers can use to integrate and their commission as low as € 0.25 + 1.8% for credit cards.