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10 Best PayPal Alternatives of March 2024

These PayPal alternatives for businesses offer useful features at competitive prices.
By Maddie Shepherd, Karrin Sehmbi
Last updated on March 20, 2023
Edited bySally Lauckner
Fact checked and reviewed

⏰ Estimated read time: 6 minutes

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A PayPal business account allows companies to accept card payments online, even from customers who don't have a PayPal account. Its fast setup makes it a popular choice. But there are several reasons you might look for alternatives:
  • You need more features and functionality. PayPal's point-of-sale systems technology, for example, is limited compared with other providers.
  • You want a more customizable option. Although PayPal has a number of payment solutions, certain providers, like Stripe, offer more advanced online payment customization.
  • You want lower fees. Some payment processors charge lower rates than PayPal.
  • You need better integrations with certain platforms. Some payment solutions might work more seamlessly with the other apps you use daily.
  • You want a dedicated merchant account. This is an account businesses use to access funds from card payments. PayPal aggregates all its customers' funds into a single merchant account.
The good news is that there are many services and apps similar to PayPal. Here are the best replacements for PayPal, including its biggest competitors, that outshine PayPal in several areas.

Best PayPal Alternatives

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Estimates assume an average interchange fee of 1.81% + $0.10, based on our latest available data. Estimates provided reflect online and in-person transactions, but exclude any keyed transactions. Estimates are based on the lowest monthly plan and processing fees for each provider.

Product
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Payment processing fees
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Stripe

Learn more

on Stripe Payments' secure website

Get an estimated monthly cost for your business.
5.0/5

Best for Payment customization options

In-person: 2.7% + $0.05

Online: 2.9% + $0.30

$0.00

Get an estimated monthly cost for your business.
Learn more

on Stripe Payments' secure website

Stax by Fattmerchant

Learn more

on Stax by Fattmerchant's secure website

4.0/5

Best for High-volume e-commerce businesses

In-person: 0% + $0.08

Online: 0% + $0.15

Plus interchange

$99.00

and up.

Learn more

on Stax by Fattmerchant's secure website

Amazon Pay

4.5/5

Best for Businesses with an Amazon seller account

2.9% + $0.30

web and mobile; 4% + 30¢ Alexa transactions.

$0.00

Shopify Payments

Learn more

on Shopify Payments' secure website

4.5/5

Best for Shopify e-commerce users

In-person: 2.7% + $0.00

Online: 2.9% + $0.30

$29.00

Basic plan; $79 Shopify plan; $299 Advanced plan.

Learn more

on Shopify Payments' secure website

Payline

Learn more

on Payline's secure website

4.5/5

Best for All-in-one merchant service provider

In-person: 0.4% + $0.10

Online: 0.75% + $0.20

Plus interchange

$10.00

in person; $20 online.

Learn more

on Payline's secure website

Adyen

4.0/5

Best for Accepting orders through multiple channels

0% + $0.13

Plus interchange for Visa and Mastercard; 3.3% + $0.23 for AmEx.

$0.00

QuickBooks GoPayment

4.5/5

Best for QuickBooks accounting software users

In-person: 2.5% + $0.00

Online: 2.99% + $0.00

$0.00

PayPal Braintree

4.0/5

Best for Dedicated merchant account

2.59% + $0.49

credit & debit cards and digital wallets; 3.49% + 49¢ Venmo (U.S. only).

$0.00

Authorize.net

Best for Payment gateway focused on security and customer support

2.9% + $0.30

for All-in-One option.

$25.00

Square POS

Learn more

on Square POS's secure website

5.0/5

Best for Full-service POS with integrated payment processing

In-person: 2.6% + $0.10

Online: 2.9% + $0.30

$0.00

and up.

Learn more

on Square POS's secure website

Our pick for

Payment customization options

Learn more

on Stripe Payments' secure website

Monthly fee
$0.00

Our pick for

High-volume e-commerce businesses

Stax by Fattmerchant

Learn more

on Stax by Fattmerchant's secure website

Monthly fee
$99.00

and up.

Our pick for

Businesses with an Amazon seller account

Amazon Pay

Payment processing fees
2.9% + $0.30

web and mobile; 4% + 30¢ Alexa transactions.

Monthly fee
$0.00

Our pick for

Shopify e-commerce users

Shopify Payments

Learn more

on Shopify Payments' secure website

Monthly fee
$29.00

Basic plan; $79 Shopify plan; $299 Advanced plan.

Our pick for

All-in-one merchant service provider

Payline

Learn more

on Payline's secure website

Monthly fee
$10.00

in person; $20 online.

Our pick for

Accepting orders through multiple channels

Payment processing fees
0% + $0.13

Plus interchange for Visa and Mastercard; 3.3% + $0.23 for AmEx.

Monthly fee
$0.00

Our pick for

QuickBooks accounting software users

QuickBooks GoPayment

Monthly fee
$0.00

Our pick for

Dedicated merchant account

PayPal Braintree

Payment processing fees
2.59% + $0.49

credit & debit cards and digital wallets; 3.49% + 49¢ Venmo (U.S. only).

Monthly fee
$0.00

Our pick for

Payment gateway focused on security and customer support

Authorize.net

Payment processing fees
2.9% + $0.30

for All-in-One option.

Monthly fee
$25.00

Our pick for

Full-service POS with integrated payment processing

Square POS

Learn more

on Square POS's secure website

Monthly fee
$0.00

and up.

Stripe: Best for payment customization options

Stripe powers the checkout processes of large companies such as Amazon and Google. Its application programming interface, or API, allows companies to customize their payment solutions to fit their requirements, making it a good option for large online-based businesses. Other features include advanced reporting, billing and invoicing tools. Read our full Stripe Payments review.
Pricing:
  • 2.7% plus 5 cents for in-person transactions.
  • 2.9% plus 30 cents for online transactions.
  • 3.4% plus 30 cents for manually keyed transactions.
  • 4.4% plus 30 cents for international card transactions.

Payline Data: Best all-in-one merchant service provider

Payline Data is a solid, low-cost merchant services provider that offers in-person and online payment processing. The company also offers additional features such as a credit card reader, direct integration with QuickBooks and a virtual terminal, which allows you to accept cards online with an internet-connected device. Read our full Payline Data review.
Pricing:
  • Interchange plus 0.4% and 10 cents for in-person transactions.
  • Interchange plus 0.75% and 20 cents for online transactions.
  • Pricing varies by card type for manually keyed transactions.

Amazon Pay: Best for businesses with an Amazon seller account

Amazon Pay is a payment gateway that allows customers to check out online using the information stored in their Amazon account. To access Amazon Pay, you set up a seller account and then use Amazon’s customizable API to integrate the plug-in with your existing e-commerce platform. It works with several popular e-commerce platforms, including BigCommerce and Adobe Commerce (formerly Magento). Read our full Amazon Pay review.
Pricing:
  • 2.9% plus 30 cents for web and mobile transactions.
  • 4% plus 30 cents for Alexa transactions.
  • Extra 1% for cross-border transactions.

QuickBooks GoPayment: Best for QuickBooks accounting software users

QuickBooks GoPayment is the best PayPal alternative for syncing with your QuickBooks accounting software. Clients looking for an integrated mobile payment solution can pair GoPayment with the QuickBooks Card Reader to accept chip, swipe and contactless payments. QuickBooks Payments is only available to businesses that use QuickBooks for accounting. Read our full QuickBooks GoPayment review.
Pricing:
For QuickBooks Online users
  • 2.5% for in-person payments.
  • 2.99% for online and invoiced payments.
  • 3.5% for manually keyed payments.
  • 1% for ACH transactions.
For QuickBooks Desktop users
Pay as you go plan (no monthly fee):
  • 2.4% plus 30 cents per swiped transaction.
  • 3.5% plus 30 cents per keyed-in or invoiced transaction.
  • $3 per ACH transfer.
Pay monthly plan ($20 monthly fee):
  • 1.6% plus 30 cents per swiped transaction.
  • 3.3% plus 30 cents per keyed-in or invoiced transaction.
  • $3 per ACH transfer.

Shopify Payments: Best for Shopify e-commerce users

If you have an e-commerce store with Shopify, it makes sense to use Shopify Payments. It offers multiple payment methods and competitive processing rates, although it is not available in all countries, and it doesn’t work with businesses in certain high-risk industries. Read our full Shopify Payments review.
Pricing:
  • 2.4%, 2.6% or 2.9% plus 30 cents for online payments for Advanced, Shopify or Basic plan, respectively.
  • 2.4%, 2.5% or 2.7% for in-person payments for Advanced, Shopify or Basic plan, respectively.

Braintree: Best dedicated merchant account

Although Braintree is a PayPal company, the product and services they each offer differ slightly. While PayPal provides only aggregated merchant accounts, Braintree offers dedicated merchant accounts alongside many of PayPal’s features and capabilities. With a dedicated merchant account, you can expect fewer account freezes and terminations. You'll be able to accept chip, swipe and contactless forms of payment and convert over 130 currencies. Read our full Braintree review.
Pricing:
  • 2.59% plus 49 cents per transaction for credit cards, debit cards and digital wallets.
  • 3.49% plus 49 cents for Venmo (U.S. only).
  • 0.75% for ACH (maximum fee of $5). Discounts available for enterprise businesses.

Stax (formerly Fattmerchant): Best for high-volume e-commerce businesses 

Stax is a subscription-based, flat-rate payment processor for e-commerce businesses. Although it charges high monthly subscription fees, its transaction fees are priced at the true cost of interchange, the most cost-effective pricing structure for accepting cards. That makes it a particularly appealing option for businesses with high sales volumes. Read our full Stax review.
Pricing:
  • Interchange plus 8 cents for in-person transactions.
  • Interchange plus 15 cents for manually keyed transactions.

Adyen: Best for accepting orders through multiple channels 

Some major technology companies, like Spotify and Etsy, rely on Adyen for online payment processing with a dedicated merchant account. Subscribers can accept payments online with access to a suite of security features. Those features, as well as optimization tools and zero monthly or setup fees, make Adyen appealing for small businesses that want to accept payments across multiple sales channels. Read our full Adyen review.
Pricing:
  • Interchange plus 13 cents per transaction for Visa and Mastercard.
  • 3.3% plus 23 cents for American Express.
  • 3%-12% plus 13 cents for other payment methods, depending on transaction type.
  • 40 cents per transaction for ACH direct payment.

Authorize.Net: Best payment gateway focused on security and customer support

With Authorize.Net, you get an all-in-one option with a payment gateway. To use it, you must have a merchant account. This can be purchased through its providers or separately. Features that come with Authorize.Net include fraud detection, recurring billing, a QuickBooks integration and an invoicing suite. Read our full Authorize.Net review.
Pricing:
  • 2.9% plus 30 cents per transaction for a merchant account plus a gateway.
  • 10 cents per transaction plus 10 cent daily batch fee for a payment gateway only.

Square: Best full-service POS with integrated payment processing

Square rivals PayPal in popularity, and for good reason. It offers a variety of payment processing solutions, including the ability to accept chip, swipe and contactless forms of payment. It also sells some of the most popular payment processing hardware, including the Square magstripe reader and Square Register. Its free POS software makes it one of the best PayPal alternatives for brick-and-mortar businesses. Read our full Square POS review.
Pricing:
  • 2.6% plus 10 cents for in-person transactions.
  • 2.9% plus 30 cents for online transactions.
  • 3.5% plus 15 cents for manually keyed transactions.
  • 3.3% plus 30 cents for invoices.
A version of this article was first published on Fundera, a subsidiary of NerdWallet.
Last updated on March 20, 2023

Methodology

NerdWallet’s ratings of payment processing providers rewards companies whose products and services are priced well and work in a variety of payment scenarios, among other criteria. Ratings are based on weighted averages of scores in several categories, including overall cost, hardware and software options, system capabilities, customer service, contract requirements and integrations. Learn more about how we rate payment processing providers.
These ratings are a guide, but fees, hardware, software and contract requirements can vary widely from business to business and provider to provider. We encourage you to shop around and compare several providers.
NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.
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