PayPal alternatives
Alternatives to PayPal include platforms like Wise, Payoneer, Stripe, Square, Venmo, and Apple Pay / Google Pay. Each caters to different needs such as international transfers, e-commerce checkouts, or freelancer payouts.
- Wise: Known for low-cost international transfers and multi-currency accounts using real exchange rates with transparent, low upfront fees.
- Payoneer: Ideal for receiving payouts from global marketplaces and multi-currency cross-border transfers.
- Stripe: Favoured for developer-friendly e-commerce and SaaS subscription billing with standard card processing fees.
- Square: Suitable for small businesses that need a mix of in-person POS hardware and easy online invoicing.
- Venmo: Popular for fast, social U.S. peer-to-peer payments.
- Apple Pay / Google Pay: Preferred for frictionless, fee-free mobile and in-store contactless checkouts.
- Skydo: An RBI-authorised cross-border payments platform for Indian freelancers, exporters and small businesses, allowing them to receive payments from international clients into their Indian bank account.