7 Great Alternatives to PayPal

Pay Your Own Way

For more than a decade PayPal has been virtually synonymous with online payments. The service has 106 million active users and can be used to make purchases at thousands of online merchants. The sheer volume of PayPal users also means that it’s often the go-to method of cash-free person-to-person (P2P) payments. There’s just one problem: A lot of people really hate it. The company has found itself at the center of numerous controversies over the years, with some users going public with complaints over frozen accounts and poor customer service. There was, for instance, the incident during the holiday season in which a charitable Secret Santa campaign run by the blog Regretsy was derailed when the company forced the blog to refund hundreds of contributions. (PayPal ultimately relented in the face of widespread media coverage.) Another recent incident involved a dispute over the authenticity of a violin sold over the Internet using PayPal, which ended with the company telling the buyer to destroy the violin. Given the millions of active PayPal users, it’s clear that these customer service incidents impact a very small minority of customers and merchants, and most are perfectly happy with its free and easy P2P services. But those who don’t like PayPal have plenty of alternatives. Photo Credit: Apple.com