Whether you are sending or receiving money from your friends and family or paying for online transactions Paypal always comes at the top of the list of online processors. But it is not the only option for online transactional dealings. Due to growing customer services issues and loopholes concerning Paypal services many other processors have entered the online market to create a breathing space for those facing all these complications.

If you are also one of those persons who has been using Paypal since many years but now searching for an excellent alternative then you must keep reading this articles because here discussed many suitable alternatives for Paypal which are doing pretty well in this domain.

Google Checkout

Google Checkout is an online transactional service which promises smooth and secure transaction as Paypal does. You can shop online, send money to your loved ones and can receive money from other as well. And for doing all these things you don’t need to share your personal data with number of online sources. What you need is just to provide required information to google only.

This processor charge 2% with extra $0.20 per transaction. Moreover if you are involved in google AdWords program then you will enjoy the facility of free credit card processing.

Amazon Checkout

After facing so many transactional complication created by Paypal Amazon has decided to launch its own payment service with the name of Amazon Checkout. The sign up process is very simple with no confusion at all. You just have to check your email, bank detail and cell phone info to its special security system. One thing which makes it stand aloof from rest of the crowd is its integration with any website easily.

You can do all regular online transactional activities including sending and receiving money with this amazing alternative of Paypal.

2Checkout

2CO is another intelligent choice if you want to get rid of Paypal complications. It involves no credit card processing, no statement fee, no third party charges, no monthly fee, no additional card company etc.

It takes few minutes to complete the account setup process as no credit check is involved in it. It charges $49 USD setup fee per sale. Moreover you have to pay 5.5% commission plus $0.45 per transaction.

Alertpay

Alertpay also emerged as a reliable alternative for Paypal. It is free to join personal or business account of Alertpay according to your requirements. Personal account is manly for beginners and business account is for professional business owners only.

As introductory charges you have to pay only 2.5% per transaction but if your company is involve in bulk transactions then you have to pay 3.9% per transaction you make.

Obopay

Obopay provided smooth online services when Paypal halted for five days in October 2004. Obopay is different from other payment processor to provide instant money transfer via cell phone and internet both with instant notification. You can all kinds of transactional activities by using Obopay services.

At Obopay you don’t need to pay anything for sign up or money receiving but for sending money and for accepting request to send money you have to pay $0.25 per transaction. Another facility that you can avail at Obopay is to transfer money from Obopay to bank account or to Obopay prepaid MasterCard without any charge.

Moneybookers

Moneybookers is another Paypal alternative with smooth and convenient transactional services track. It is free t sign up for Moneybookers account. It charges no fee for receiving amount but for sending money you have to pay 1%. It requires your home address verification.

If you are want to withdraw money to your bank account then you have to verify the bank first. After you bank is verified, you can withdraw amount at $2.50 fee per withdraw.


People who read this also read: