Are you looking for a way to collect payments from your clients? Or maybe you want to email your clients an invoice to get paid? Although PayPal is most widely used and people do trust PayPal, it is good to know that there are alternatives.
Any Dangers Of Using A PayPal Alternative?
I can’t see any dangers in using a PayPal alternative but it is worth while to point out here that most people know what PayPal is and ‘trust’ it. If you offer a PayPal alternative you might put people off.
It really shouldn’t affect you too much though and I would definitely look for some alternatives, especially if they are cheaper! It’s all about saving the pennies these days. So without further adue here is a short list of PayPal alternatives.
NoChex – NoChex is a leading independent UK based online payment company, specialising in providing smaller online businesses with simple, accessible, easy to use, online payment services. These guys have no monthly or annual fees. If you are a small business based in the UK go check them out.
GoCardless - GoCardless accesses the direct debit network through its sponsor, The Royal Bank of Scotland and is registered as a small payments institution with the Financial Services Authority. They only charge 1% per transaction to a maximum of £2. You guessed it this is a UK based PayPal Alternative only. They plan to roll out across Europe by mid 2012.
WePay - WePay operates entirely over SSL, using 256-bit encryption. Their practices are closely monitored by TRUSTe, DigiCert, McAfee and the Better Business Bureau. Their fees are 3.5% (50¢ minimum). WePay currently only available in the United States.
Dwolla - Dwolla is a new payment network that works with your financial institution to offer a cheaper, safer, and overall better payment experience. It currently however only works for customers in the United States.
QuickPay - QuickPay is the payment solution that allows easy and safe integration of all common credit and debit cards with an arbitrary site on the internet. Setup is free however they charge €25 per month for a basic subscription. It appears these guys operate WorldWide. Don’t quote me on that.
Plenty Of PayPal Alternatives
There are plenty more PayPal alternatives out there. If you believe you know of a better one or one you have had personal experience with then please let us all know and leave a comment below.
With all that said I still think PayPal offers you much much more than any of the alternatives mentioned above. Though I haven’t had much experience with these alternatives.
Keep your eyes open and let us know of any PayPal alternatives you have seen.