Doing a transaction is so cool and quick. But do you know how to do transaction outside your country? We often want to make payment or receive payment from people abroad, one of the best medium for that is PayPal. This means of transaction making has been effective for long and is reliable but not all countries benefit from PayPal. Some countries around the world like Nigeria are having issues with PayPal. Are you in a country that has be banned by PayPal? Don’t worry because Wasplight has done some research to present to you Best PayPal alternatives for 2019.
What is PayPal?
This is an American company operating a worldwide online payments system that supports online money transfers. This company operates as a payment processor for online vendors. It was founded in December 1998. As of 2018, PayPal operates in 202 markets and has 244 million active, registered accounts. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide. Enough about introduction to PayPal.
Best PayPal alternatives for 2019
This is one of the oldest services for global payment. Payoneer allows you to receive money from the U.S. & European countries. One good thing about this system of payment is that the signing up is free. And when you sign up for Payoneer, you receive a Prepaid MasterCard which gets shipped to your location for free in just 2 weeks.
Payoneer transaction fees are lower and help to save a lot of money. Most companies now use Payoneer to pay their workers, while don’t you try it? Although they usually charge Annual fee but that is not too big at all. They have an iPhone & Android app so you can make transactions from your mobile.
With all this features we think Payoneer is ranked number one in the Best PayPal alternatives for 2019.
If you don’t have a Payoneer account yet, follow this guide to open one now.
Skrill is an e-commerce business that allows money to be transferred with a focus on low-cost international money transfers. It is founder on July 2001, it’s headquarter is at United Kingdom. This is also an alternative to the so called PayPal.
If you are a blogger, freelancer or one that work and need to get paid from other countries. You should try this. Skrill accounts can be held in any of major currencies but once the first transaction is made it is not possible to change the account’s currency.
According to Wikipedia, MoneyGram is the second largest provider of money transfers in the world. They operate in more than 200 countries. MoneyGram is one of the oldest e-commerce company that enables people to transfer money because it was founder in 1940.
To add to their security, In 2017 they announced that the use of a Mobile Verification to validate its customers’ identification. To complete the identity verification step in the money transfer process, Moneygram customers simply take a picture of their passport or other identity document using their mobile device camera. This has made it safe for people to use.
4.) Western Union
This is not strange to most people, because it has been in used for long. Western Union is an American company founded in 1851. This company renders so many services that you. But their website “westernunion.com“, allows users to send and receive funds to others, pay bills. This is also considered among the Best PayPal alternatives for 2019.
These are the alternatives we recommend. There are lot of alternatives not included in this Best PayPal alternatives for 2019, you can do us a favour by placing them in the comments section in order to share your view.