Sick of PayPal eating your money for no reason? You’re not alone. Recently, PayPal has eaten a lot of money from its Indian customers and that too, for no reason. All of a sudden, no bank transaction and money withdrawals seem to be working fine. It’s high time that we should look for better alternatives that would keep our money safe and secure instead of eating it up like PayPal is doing right now. Today, we are sharing with you two best alternatives of PayPal which are fast, secure and reliable
1. Moneybrookers
Moneybrookers is probably the best PayPal alternative around. It’s an all round service, which is also allowed on eBay. With Moneybrookers, you can send, receive and transfer your funds with ease. And there is also a provision for personal money transactions. Setting up a moneybrooker wallet is a breeze (Yes, there they call your account, a wallet). The service is also eBay approved so there is no chance it could be a scam.
Pros
- Easy to set up
- Low fee
- Both personal and business payment options
- Receiving money is free
- Account funding is free
- Fast and reliable customer service
Cons
- Service is not widely popular yet
- Payment through “request a check” (for the time being)
- Verifying your account with them can be a pain
2. AlertPay
AlertPay can be the second best option if you’re looking to shift from PayPal to a reliable service. Although, this services is also relatively new, but it has thousands of satisfied customers under its belt. AlertPay gives you option of setting up three free accounts namely, personal, business and a secure account. Personal and Business are the same as you already know about. A secure account is used to carry out transactions that are “risky” in nature.
Pros
- Separate Personal, Business and Secure accounts
- Safe and Secure
- Easy to use
- Accept payments online
- Accept credit card and bank payments
- Account security
Cons
- Service is relatively new
- Calling customer support can be expensive
Conclusion
PayPal has proved it’s irresponsible behavior by reversing payments and cutting fee on them for no reason and without any prior notice and it’s a high time that we should turn to some other service for all our online transactions. But sadly, not much of the online transaction services support transactions in India. The above two mentioned are the best we could find. However, they are still new but I’m sure there support will grow once Indian customers grow. Even PayPal introduced Indian bank transferring service only a short while ago.
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We have to move another service to stop domination of PayPal. I hate their service now. They are cheater.