Top Paypal Alternatives for Freelancers in 2022

Top Paypal Alternatives for Freelancers in 2022

Top Paypal Alternatives for Freelancers - Nomad Entrepreneur

In the early stages of blogging and freelancing, freelancers have relied on Paypal for international payments throughout the globe. However, you will find multiple Paypal alternatives available in the internet today. Most of these Paypal alternatives have Paypal-like websites with their own features. A freelancer who is not able to take up international work because they may not have a Paypal account does not need to worry anymore.

So, if you are a freelancer or customer who has found Paypal to be inefficient for you, we have listed down some of the alternatives which might be better suited to your needs. Most of these Paypal alternatives have Paypal like websites with their own features.

  1. Payoneer

Payoneer is an American company offering financial services to its consumers. It allows you to directly withdraw funds with a debit card as well as send and receive funds domestically and intentionally. This is how it is similar to Paypal. But the biggest difference between them lies in their transaction fees, as Payoneer fees are slightly higher. They charge $3 per transfer but you are free to receive.

However, Payoneer will not charge you for signing up but instead, reward you a bonus of $25 on the transaction amount of $1000. Depending on the country you are in, Moreover, they support over 200 countries with 150 local currencies. Lastly, they offer their very own Mastercard through which you can transfer funds but they will charge you an average of 1% of the transaction in foreign exchange fees.

  1. Stripe

The best-known feature of Stripe is that it offers a seamless inclusion into famous WordPress eCommerce platforms like WooCommerce and Shopify. It has lower rates and is much easier to use.

You can use it to accept one-time payments and recurring payments as well. Therefore, you can use Stripe without having to pay a fixed amount of fees. This gives you more freedom in doing business as a blogger or freelancer. Moreover, the cost of a transaction is 2.9% + 30 cents per transaction.

However, only 13 nations have significant access to it through debit and credit cards.

  1. Wise

When it comes to the cheapest Paypal alternative, Wise is the best option. Furthermore, it has transparent pricing which sticks to flat pricing. All you need to do is create an account and you can easily send payments to your customers.

Even the customer can easily do the same and pay money through credit cards and the best part is that the transaction fees will be paid by your client. This is one of the best alternatives for a freelancer.

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  1. 2CheckOut

2CheckOut, also known as 2CO has been regarded as one of the best Paypal alternatives by reviewers online. Additionally, it provides eight different types, 15 languages, and 87 currency options in more than 200 markets around the world.

However, it does not support direct transactions and therefore, requires the usage of other invoicing software to process payments. It allows payment through credit cards and even allows you to accept payment through Paypal without having an account.

It has smooth accessibility with great assistance, allowing you to easily get onboard with 2CheckOut.

  1. Skrill

Skrill is better than Payoneer as a Paypal alternative. This is because it allows you to create an account, make payments, withdraw funds, and use the MasterCard provided by MasterCard to make payments and even withdraw from the ATM.

Furthermore, it has apps for Android and Apple, so you can easily handle your transactions on your mobile. Having a mobile option is useful for freelancers who are on the go constantly.

  1. Remitly

Remitly offers quick and affordable transactions around the world with special offers like free transfers and better exchange rates for new customers. Moreover, the fees change depending on the type of transfer you are doing whether it’s economy or express transfer. The latter has higher fees, however slower economy transfers stay low around $2 to $4 no matter how much you spend.

As a bonus, Remitly has excellent advertising deals with no charge for transfers over $1000. If you are living in India then it gives you nationwide coverage wherein you can send money to more than 130 banks!

  1. Instamojo

Instamojo is slightly different from the above-mentioned Paypal alternatives. These methods do not have a cumbersome sign-up process where you have to send your documents for verification. It is a firm based in Bangalore that aims to sell digital goods and collect payments through the internet. To use Instamojo, use @username or your email dress to send payments and receive payments as well by giving your username to others.

The best part is that this method doesn’t require any setup fees and you are only charged 2% + Rs. 3 for every successful transaction.

  1. GooglePay

Google pay has a very simple setup, especially if you already have a Google account which most of us do anyway! It barely takes two minutes and there are no fees for transactions. All you need to do is link your debit or credit card to the Google pay wallet, and type in your password every time you make payment.

You can directly send it to anyone through phone number, email ID, or by scanning the code physically at a store.

  1. Dwolla

With some of the Paypal alternatives, you are offered credit cards but in Dwolla, funds are directly transferred to your bank account. So, if you are someone looking for frequent bank transfers then Dwolla is a good option.

Because there is no card transfers, the cost of transaction is low. So, for anyone who has a smartphone, you can easily send cash at the lowest price available.

If your transaction is below 10$ then there will be no charge. However, for transactions exceeding 10$, there is flat pricing of $0.25. So, Dwolla is a good alternative for new freelancers and bloggers looking to save costs.


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