• Friday, August 19, 2022

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The Five Best PayPal Alternatives in 2022

By: Eastern Eye Staff

Despite the reputation of PayPal as a reliable online money transfer entity over the years, alternative platforms exist with competitive rates. Online merchants and clients are using these unique platforms to ensure the security and efficiency of their transactions. The following are options that will justify your selection by delivering positive business results:

Payoneer

Merchants provide sites where clients and businesses order goods before transferring value using online resources integrated into the website. Payoneer is a B2B payments platform suitable for bridging the space between the merchant’s account and the business account of another wholesaler. The channel’s popularity arises from its support for different business entities that depend on cross-border fund transfers.

Payoneer has protocol integration into merchant sales networks, including freelancing pages and eCommerce marketplaces, which experience high money transfer traffic. There is flexibility around the protocols to allow for scalable adjustments depending on business development and the evolution of customer services. You can venture into new markets and add innovative payment strategies with timely changes to existing protocols to capture the evolving requirements.

Google Pay

Using Google Pay, you can pay for products and services and receive payments from merchants sending stock to your location. The payment option becomes part of your website’s interface through simple integration procedures to allow access to different accounts. You will quickly and securely checkout after adding desired items to the shopping cart, creating an effortless hopping experience. Implementing Google Pay onto your company APIs enables better reach to customers, with your eCommerce outlet receiving and maintaining new clients.

Skrill

Skrill provides features ideal for fund transfer requirements by small businesses, eCommerce outlets and freelancers working for global entities. The platform boasts competitive transfer rates with coverage to many countries, making it a global network. The vast payment methods provided ensure all customer, and merchant interests get fulfilled. This payment option utilizes payment gateways that process all fund transfers while allowing mobile access to your platform for payments.

WePay

WePay is a money transfer engine that supports transactions between merchant and customer wallets after or pending service and product delivery. The platform has a satisfactory end-to-end user experience due to its extensive features. The powerful APIs enable problem reporting by clients, onboarding for instant payments and efficient communication with buyers. Many people use the platform for online transfers due to diverse payment solutions enabling transactions to global outlets. Direct checkout from your platform supported by WePay ensures merchant satisfaction from same-day ACH payments.

Amazon Pay

Amazon Pay enables shoppers to transfer funds to pay for goods ordered from the eCommerce giant Amazon. The method facilitates easy checkout for clients who wish to complete the purchase process and wait for delivery of selected items to specified destinations. The benefit of the platform is that you enjoy unrivalled interface integrations, which improve your experience on the market. The platform offers voice payment authentication for instant funds transfer to merchant accounts.

Conclusion

Online payment platforms help establish an efficient channel for money transfers to merchants’ products and services. The listed channels provide optimal security and varying fees for reliable transactions depending on your unique needs.     

 

 

Eastern Eye

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