What is the best Paypal Alternative?

If you are doing some business online and not living in the US, Canada, Uk or a few other countries, I’m sure one of your biggest issues is looking for the best Paypal alternative.

Paypal is unarguably the most widely used payment processor on the Internet today. What makes it most attractive is security and ease of use. Integrating Paypal payment button on your website or even on a very complex shopping card is with no stress.

Over the years, Paypal has worked extremely hard to gain the attention of many online business owners and Internet Marketers. As a matter of fact, some buyers will not buy on an online shop where Paypal is not an option.

I remember when I created my first WSO on the WarriorForum. Due to issues with my paypal account, I moved to 2co and sales dropped by about 30%. Though 2co is one of the best paypal alternatives, it still has a lot ahead to catch up.

What is the best Paypal Alternative?

I mentioned above that I tried 2co and there was a drop in sales. However, I think 2co still stands as the best option for marketers out of countries covered by Paypal.

Integrating and getting 2co to function on my site was not without difficulties though. The main reason was that my shopping cart was custom made. However, I soon got help from the support forum and my shop was setup in a matter of hours.

However, if you are into some make money online niche, 2co won’t be your choice. As per their TOS, this is not accepted.

2co Checkout page Paypal Option

What makes 2checkout a bit more comfortable is their support for Paypal on the checkout page. That means buyers can still bypass the credit/debit card option and make payment with their Paypal accounts. The only issue I find a bit of a deterrent is the fact that the paypal option comes up after filling a form. I think many more buyers would love just hitting the Paypal option without having to fill any form. Any buyer data needed is available through PayPal IPN facility.

NB: This (my) issue might have been updated though. I have not verified to confirm the current checkout options.

2co Fees

This is an area that I know picks the interest of almost everyone. What does 2co charge per transaction? Is there any setup fee?

Yes, there are transactions charges and a non refundable application fee. Look at the image below or step over to their website for more. However, you can waive that application fee with coupon code ETS2CO

best paypal alternative

2checkout Cash Out

It’s one thing to earn money online and another to be in physical possession of your money. 2checkout pays through Bank transfers, Check and most comfortably Payoneer.

I think the most important thing with online business is being able to withdraw your earnings any time any where. While 2co does not pay merchants daily, there is a weekly transfer of funds to sellers. In my case, it used to happen on Thursdays.

Why I  love the payoneer option is the fact I can use my Payoneer Master Debit Card for some more online transactions.

I can also receive funds from Clickbank, eBay, CJ, Paypa, etc into my Payoneer MasterCard through their flexible US Payment Service.

My clients can pay directly to my MarsterCard. Though at the moment, I have an ugly experience where my private load limit is set to $400 per month. Quite below what I receive from individual clients. I hope they do something to make this more flexible as it’s a big factor that takes down their value.

Apply for a free Payoneer MarsterCard right this moment and get $25 free into your account. Click here to apply

Do you have an option you think is the best paypal alternative? Let me hear from you in the comment box below

Meet Enstine M. Muki

Enstine M. Muki has written 168 post in this blog.

Enstine Muki is The Money Making Blogger and PHP developer and Creator of CashDonator, the plugin that helps bloggers generate more income from their blogs and cWinners.com, directory for contests and giveaways.

About Enstine M. Muki

Enstine Muki is The Money Making Blogger and PHP developer and Creator of CashDonator, the plugin that helps bloggers generate more income from their blogs and cWinners.com, directory for contests and giveaways.

Comments

  1. Okto
    Follow me on Twitter:
    says:

    We currently use PayPal to ease us to purchase goods or services online using any major creditcard or bank account. We want to order with confidence and peace of mind that for credit card number and details remain secure and private. I believe paypal alternatives information are important for many readers in need of online transaction.

    Great post!
    Okto recently posted..Top 5 Mistakes When Choosing Web HostingMy Profile

  2. Can Payoneer MarsterCard be used for International payments. I have tried using my indian debit card for buying hosting on InMotion but i couldnt.

    So my question is ‘Can that be solved with Payoneer MarsterCard ‘ ?
    Because am waiting for Black Friday so that i can buy some Hosting.

    Need your Help or Suggestion on this issue

  3. Nice information about 2co Enstine. I guess I have to share this with you. I’ve read one post a while ago about Freshbooks. This is better than Paypal and you can save money. But I deem that the two alternatives (2co and Freshbooks) are good.

    I found this post shared on Kingged.com, the Internet marketing social news site, and I “kingged” it and left this comment.

  4. Hello Enstine,
    Frankly speaking , I don’t know about 2co & Payoneer . I have only used Paypal for receiving money from some affiliated networks. After reading your post, I will surely try Payoneer for receiving money and also for payments.

    Thanks for sharing this article with us.
    Himanshu recently posted..WordPress Black Friday And Cyber Monday 2013 Deals (Huge List)My Profile

  5. I am using only paypal for getting my payments from other countries. But other payment options are finding too rarely on payment method because most of time they are putting only paypal option or credit card.

    You are putting screenshot of transaction of 2co; they are taking something 5%. It is too costly service.
    Nikhil Bille recently posted..MPSC 2014 Schedule Time Table Exam DateMy Profile

  6. Have you tried MoneyBookers (currently also known as Skrill)? Many popular site implement this service alongside Paypal

  7. Hi,

    I agree with Crystal, Moneybookers is another great site , it doesn’t have incredible fees that paypal charges. I will try out 2 Checkout as well
    Gautham recently posted..Download Krrish 3 Game for PC/WindowsMy Profile

  8. Peter Kanayo says:

    Estine Alert Pay used to be good but it appears that since they sold it, there are lots of problem with it. May be I will try 2co soon. thank for this review

  9. Currently i don’t own a paypal account searching for alternatives and i stumbled upon ur article. Surely i m gonna try the alternatives you mentioned. Thanks for nice article

  10. Veeramanchineni Lalitha says:

    One great paypal alternative is Payment Network. One of the best alternatives to Paypal. It’s less expensive and has way better customer service than Paypal.

  11. Thank you so much for this post :D
    I’m so happy i found this, I’ve been struggling forever, there’s allot of great services out there but unfortunately none support my country,
    2checkout is the only program i found to accept money transfers to a Lebanese Bank :D
    Many thanks and Best wishes!
    Mitch recently posted..Web Design Dubai Lebanon KSA | Website Design Company | Digital Agency From LebanonMy Profile

  12. You forget the first Paypal similar, it’s Payza, I think that you based on Age , you’ve selected aged payment systems only, but what about Payza ? look at what traffic they receive , (Alexa 1700 ) and growing every second. they have their own Visa card and more flexible than Paypal, just to let you know.

    I think PayPal is still the best because most potential customers have a paypal account or can pay with their credit/debit card as a guest. The next best feature of Paypal is the Mastercard debit card which allows us merchants instant access to our money. I just can’t see PayPal getting beaten out even if they deserve it.

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