Are you searching for PayPal options for freelancers to use in WordPress to receive funds? PayPal is one of the most user-friendly ways to accept payments on your website. It is not, however, available in all countries, and not all of your clients will want to use it. In this article, we’ll go over some of the best PayPal alternatives for freelancers using WordPress to collect payments.
Why Are Alternatives to PayPal Being Considered for Accepting Online Payments?
PayPal has made online transactions simple and straightforward. Allowing WordPress site owners to sell products and services online and earn money.
However, PayPal has some flaws, prompting many people to look for PayPal alternatives.
PayPal, for example, is not available in a number of developing countries. PayPal transaction fees are also on the higher end of the spectrum, and they can quickly add up.
The fact that PayPal’s behavior is unpredictable is perhaps the most important reason why people are looking for PayPal alternatives. Many PayPal accounts have been blocked or suspended due to minor issues, resulting in significant losses for many PayPal users.
As a result, here are 7 payment services that you can use on your WordPress site as PayPal alternatives.
1. Stripe
Stripe has quickly established itself as one of the most popular PayPal alternatives and payment gateways. Regrettably, it is only available in a handful of countries.
Lower fees, ease of use, and seamless integration into popular WordPress eCommerce platforms like WooCommerce and Shopify are the best reasons to use Stripe.
If you don’t want to set up an entire online store, you can use WPForms to create a simple form that collects Stripe payments from your customers.
Stripe fees differ depending on where you are in the world. For any successful credit card charge in the United States, there is a fixed 2.9 percent + 30 fees.
2. Transferwise
Your clients can pay you directly in your local currency using Transferwise. Your clients will be charged for the payment, which will be sent as a local transfer to your bank account.
It is available in a variety of currencies and countries. Transferwise fees vary depending on the sender’s and receiver’s locations. However, we’ve found that it’s frequently less expensive than other payment options or a direct wire transfer. They also use the same exchange rate as Google or XE, allowing you to save even more money on currency exchange.
One disadvantage is that in some countries, Transferwise does not allow business payments to be sent. Before requesting that your clients send you money, make sure to check the country page for pricing and business payment status.
3. Bitcoin
These days, cryptocurrencies are all the rage. Bitcoin is a cryptocurrency that was one of the first and most well-known in the world. Bitcoin also enables users to send and receive money across international borders without the need for an intermediary, such as a bank or a money transfer company, to take a cut of the transaction.
Your client can easily transfer money to your Bitcoin wallet if they are familiar with Bitcoin. You can then use a Bitcoin exchange to convert the amount into local currency, use it online, or transfer it to any other payment service.
Businesses can accept bitcoin payments through Coinbase, a bitcoin trading platform. Top companies such as Expedia, Dell, Intuit, Wikimedia Foundation, and others are already using it.
4. Payoneer
Payoneer is a well-known name in the world of online payments. It is available in a variety of countries worldwide. There are no integrations available right now to connect it to your eCommerce or membership website. You can, however, request that clients send payments via Payoneer.
Payoneer also makes it simple to deposit funds into your local bank account or withdraw funds from ATMs all over the world using a Payoneer branded debit card. The disadvantage is that their fees are higher than those charged by Stripe or PayPal, but they are lower than those charged by some other payment service providers.
You will be charged 3% of the transaction amount if you accept credit card payments directly from clients. In addition, a local bank transfer in the same currency will cost $1.50. You will be charged an additional 2% of the transaction amount if you withdraw money from another currency account.
5. QuickBooks
For freelancers and professionals, QuickBooks is one of the best accounting software options. It enables you to send invoices to your customers quickly and accept payments directly into your bank account.
Your customers can pay using their credit card at any time by clicking the pay button. QuickBooks is accounting software that you can use to capture all of your transactions by connecting it to your credit cards, bank account, and PayPal.
Payments in QuickBooks are a pay-as-you-go option. On each transaction, the fees for an invoiced payment are 2.9 percent + 25 percent. You can contact them for a discounted rate if you charge more than $7,500 per month.
6. 2Checkout
2Checkout is a well-known payment gateway and a viable PayPal substitute. All of the popular WordPress eCommerce plugins have addons for integrating 2Checkout as a payment gateway. You can also integrate it into your online store and start selling to countries where Stripe or PayPal aren’t accepted.
2Checkout offers a variety of payment withdrawal options, including the ability to use your Payoneer debit card to make payments. Recurring payments, a hosted checkout experience, and support for multiple currencies and languages are among the other notable features.
2Checkout fees differ depending on where you are in the world. For each transaction in the United States, you will be charged 2.9 percent of the transaction amount + 30.
7. Google Wallet
Google Wallet is another great option for making payments instead of PayPal. It is currently only available in the United States and the United Kingdom, and payments from the United States to the United Kingdom are not possible. There isn’t an out-of-the-box integration for any WordPress eCommerce platform.
It does not charge any fees for sending or receiving money, unlike many other Google tools and services. This makes it a great option for freelancers who want to use Google Wallet to request client payments.
We hope that this article has assisted you in your search for the best PayPal alternatives for accepting payments in WordPress. You might also be interested in our comprehensive WordPress security guide for beginners.
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