As we all know digital alternatives to the archaic form of money transfers, such as cheques and money orders, are becoming quite the rage these days. The idea of transferring money online would have seemed like a madman’s dream a decade ago maybe. However, today not only is it an accepted form of transaction but has become a necessity as well! PayPal, an America based company, acts as a mode for transactions across borders, irrespective of the currency type and value. You can send and receive money within a matter of seconds, even when you are thousands of miles apart. One can say, technology has advanced and has even transcended the domain of magic.
In this article, we will talk about 4 alternatives to PayPal when handling international shipping. There are numerous reasons why one must not stick with a single platform. For instance, maybe PayPal does not service to your area, or if in case your account gets blocked then it gets an untimely halt to your business and losses can be incurred. Therefore, read on to see which other wallets can be used instead of PayPal.
Skrill, also known as Moneybookers is available in approximately 200 countries and across 40 currencies. It lets you see the exchange rate and the transaction fee and boasts of low fee as well. What’s more? All you need is the email ID of the person you want to make the transfer to and viola, they will receive the money in no time. It is easy to use and safe. The bonus point is that your first transaction is free!
With 16 years of experience, 2Checkout is an online wallet which lets you transfer funds seamlessly and safely. It supports 87 currencies, ensuring that you reach a global audience without any hassle. Did we mention that they also claim to have approximately 300 rules against for protection against fraud?
One of the old players in the game, Payoneer is one of the best in the business. Their transaction fee is low and therefore makes for quite an attractive offer. No matter the size of your organization, the funds are transferred within minutes from anywhere on the globe! It has close to 4 million users, across 200+ countries, and deals in 150+ currencies. You can even send bulk payments to multiple people! This not only saves time and effort, but also makes the task much more easier.
With free sign up and free annual maintenance, Payza even offers full Indian rupee support. With additional Bitcoin services, they have increased their base and therefore make it easier for people to conduct transactions. They pride upon the safety that they give their customers. Create your account for free and start conducting business!
The focus of this post is to get the reader acquainted with more online transaction wallets, other than PayPal, so that they can make informed decisions and always choose what is best for their business.