With the advent of technology, payments options and shopping have also reached another level – something, which is more convenient and electronic. While it has an array of advantages, it can also cause some concerns about the security of personal information, the account, and the money.

PayPal is a popular online payment service, which allows people to request, send and receive money worldwide. For it to work, it has to be linked to a debit card, credit card or a bank account. After verifying the account, users can use it to make an online transaction.

PayPal requires a certain fee for money transfer or withdrawal depending on the currency and location. While it has become a popular payment option for online shops, work-at-home arrangements, telecom companies note that there are alternative options.

 
 

Top 5 PayPal Alternatives

 

Google Wallet

Google has become successful in terms of extending its services to every user through Blogger (for blogs), Google Drive (for cloud storage), Google Play (for mobile applications) and Google Payment (for online payment options).

The Google Wallet serves as a digital wallet that you can use for online shopping. Unlike PayPal, this is exclusively for merchants and it does not require any fees for online transactions.
 
 

Skrill

Also called MoneyBookers, this service allows users to send or receive money from fellow Skrill users. MoneyBookers works well in specific countries when used for online banking, and for the rest of the countries, transactions can be made using a credit or debit card.

Sending money is the focus of MoneyBookers as it only has limited online merchants, allowing users to check out with the service. What makes it a top PayPal alternative is its solid money-sending process.

 
 

Paymate

This is a popular service for vendors based in New Zealand and Australia. It allows them to receive money from international purchases across different countries. Paymate requires a minimal fee for receiving payments from EBay Australia or the vendor website.

For buyers, sending money via Paymate is possible by simply keying in their credit or debit card information, making it a good alternative payment option. Take note that Paymate securely handles all the details provided by buyers.

 
 

Payza

Also called AlertPay, this service allows people to make online transactions in over 200 countries and 21 currencies. Payza’s main offices are based in the United States and Canada, but it can also support certain debit or credit card transactions from recognizable countries.

It also lets people load money to their Payza accounts via credit card or bank transfer, request fund through invoices and send money to fellow Payza users. What makes this an ideal PayPal alternative are the security features and the minimal fee.

 
 

Payoneer

Last but not the least, Payoneer is another popular service for online purchases. Once registered, users will have prepaid MasterCard access which will be delivered right in front of their homes.

To enjoy the service, account registration and card activation are necessary. Users are only charged once they’re done with these 2 steps.

As active Payoneer cardholders, users can use the MasterCard ATM to purchase items in different countries and withdraw money.