9 Best PayPal Alternatives of January 2026

Pros

• Businesses save when customers use cards with low interchange rates.
• Offers free POS software.
• Offers volume-based discounts automatically.
• No termination fees, long-term contracts or PCI compliance fees.

Cons

• Deposits may take up to two business days; same-day deposit option is not available.
• Interchange-plus costs can be difficult to predict.

Pros

• Highly customizable online checkout options.
• No termination fees or long-term contracts.
• 24/7 chat support.
• Can process transactions in more than 135 currencies.
• No PCI compliance fees.

Cons

• Doesn’t sell full countertop POS setups; hardware is limited to handheld terminals and card readers.
• Deposits can take up to two business days.
• No phone or email support.

Pros

• Hundreds of e-commerce website templates available.
• Can customize checkout page.
• Higher-tier plans offer less expensive online processing rates (as low as 2.5% plus 30 cents).
• No long-term contracts.

Cons

• Phone support only available for Plus and Retail plan subscribers.
• Monthly POS subscription costs can be expensive.

Pros

• Easy checkout for customers with Amazon accounts.
• Supports global customers and currencies.
• No monthly subscription costs or termination fees.
• Alexa voice integration to place and track orders.

Cons

• Reserve policy delays payouts, especially for newer accounts.
• No third-party accounting integrations.

Pros

• No long-term contracts or cancellation fees.
• First month or two (depending on the business) is free.
• Works with high-risk merchants.
• No PCI compliance fees.
• 24/7 support.
• Compatible with multiple POS terminal providers, including Clover.

Cons

• Separate monthly fees for in-person and online processing.
• Must contact Payline for information on hardware costs.

Pros

• Low per-transaction fees between Venmo accounts.
• No monthly costs or setup fees.
• Ability to accept payments via QR code.
• Venmo sends tax forms to your business if you meet certain income thresholds.

Cons

• Instant bank transfers cost extra.
• Not available outside of the U.S.

Pros

• No setup or monthly fees.  
• Accepts international payments.
• No-fee transfers between Payoneer accounts.

Cons

• Limited functionality; can’t accept in-person payments. 
• Customers report account freezes and terminations, resulting in the loss of funds. 
• Must pay a withdrawal fee to move funds from your Payoneer account to your bank account.

Pros

• Convenient for existing QuickBooks clients.
• Free app that works on Android and iOS devices.

Cons

• Limited to businesses using QuickBooks accounting.
• Pricing structure can be difficult to navigate.