Available for i Phone and various Android devices (among them, the HTC One, LG Nexus 5, Motorola Moto X, various Samsung Galaxy handsets), Google Wallet has yet to hit the big time worldwide, but is among the top Pay Pal alternatives for US users.
It’s free to send and receive money from your linked bank account or from your Google Wallet balance (a 0 limit per 30 days), while credit card transactions have a 2.9% fee.
Should your device become lost or stolen, Apple Pay can be suspended by signing into i Cloud and activating Lost Mode.
Interestingly, Google Wallet has started offering users free debit cards Google Wallet is now offering their US users a free debit card for offline purchases anywhere that accepts Mastercard or debit cards, as well as withdrawing cash from your Wallet account at ATMs and banks. Based in the UK, Nochex is a relatively small service compared to the others mentioned here, but there is a strong chance that you have used it as an alternative to Pay Pal already, or at least seen it listed as a payment option.Integrated into over 50 shopping carts and online store applications, Nochex is also listed as an acceptable payment method on e Bay, although its full integration into the system has taken some time.Just as importantly, however, has been the rise of the smaller competitors.Such competition offers opportunities for consumers, with the potential for strong innovation. For instance, We Pay, an option that has been around since 2008 and cornered the market in donations to charities and crowdfunding projects, is particularly painful to use for some business owners.Whatever the case, it makes no sense to have a solitary online payment service relationship.
Just as you use cash and plastic in the bricks and mortar stores, use a Pay Pal alternative wherever you can.
Payoneer, Skrill (which we’ve looked at previously), Payza and Paymate all offer something new and different, but struggle to bring the same sort of competence and trust to online payments as Pay Pal’s more established competition.
They’re promising alternatives, but lack the resources to provide comprehensive support.
While useful for small amounts, if you regularly send larger sums you should rely on a service more suited to this.
Big names and new have got involved in the online payments market. The US-only payment system enables users to employ credit cards, debit cards, loyalty cards and even gift cards to make purchases through their mobile phones, and on NFC-enabled smartphones make electronic payments in person, in addition to settling bills online.
After all, some people can’t always make or receive Pay Pal payments, and the fees the company charges can be prohibitive in some cases.