9 Best PayPal Alternatives for Business

Top 9 PayPal Payouts Alternatives

• Tipalti
• Revolut
• Trolley
• Atlantic Money
• Stripe
• Wise
• Skrill
• Payoneer
• MangoPay

PayPal Payouts is an online payment system that enables a business to pay multiple entities worldwide, but it’s not the only one. Choosing the right financial technology comes with unique challenges, and you must be discerning. Although PayPal is an ideal payment gateway, there are hundreds of alternatives—some of which may be a better fit for your business.

Common features of the best online payment systems include:

• International transaction capabilities
• Working with local currency
• Ability to send money transfers
• Low fees for everything
• Manage an online business or ecommerce platform
• Access to international networks and marketplaces
• Prepaid debit cards (usually Visa or Mastercard)
• Offers some form of working capital

The following are the top alternatives to PayPal on the market today. Here, we look at a general overview of each brand, pricing, strengths, and weaknesses to help you determine which type of accounting software is best for your business (without needing a PayPal account).

Quick Comparison Table for the Top Nine

The Best PayPal Payouts Alternatives for Global Payments

#1) Tipalti

Tipalti is a global payment platform that automates payables faster, safer, and more efficiently. The end-to-end solution modernises operations, offering various payment options like ACH, wires, e-cheques, prepaid cards, and more. Your business will thrive in a unified cloud platform with built-in tax and PCI DSS compliance.

From AP automation to virtual payment services and digital marketplaces, Tipalti is a robust platform that delivers a worldwide white-label experience. The global payout platform supports transactions in 196 countries across 120 different currencies.

Pricing

Tipalti offers a pricing plan divided into three parts:

Accounts Payable

• Starter – £119/month – Main features from tax form collection to supplier onboarding, flexible approvals, multi-entity, and more
• Premium – Custom – All starter features, plus PO matching and multi-currency
• Elite – Custom – All premium features, plus budget management, integrations, and customisation

Tipalti Strengths

• 360-degree view of the AP process with an intuitive dashboard

• Automates financial processes to streamline operations and save time by 80%
• Self-service supplier onboarding and tax compliance validation
• Reduces error rates by scrubbing data against 26,000 rules
• Global mass payments and fraudulent payment risk reduction

Tipalti Weaknesses

• The reporting tool can have a steep learning curve
• There have been some issues syncing certain integrations
• Once an invoice is processed, you cannot change the data

#2) Revolut

Revolut is a UK-based financial services and mobile payments platform that offers business accounts, global money transfers, currency exchange, cryptocurrency trading, and budgeting tools.

The system has low fees, an innovative app-based experience, and international reach, attracting companies seeking a more flexible alternative to traditional banking. Revolut enables you to send money to 140+ countries, hold up to 25+ currencies in-app, and spend in 150+ currencies.

Pricing

Revolut has multiple pricing plans that can be customized to your needs.

For business accounts:

• Free plan: Basic services, capped monthly transfer limits.
• Plus: Starts at £3.99/month  
• Premium: Starts at £7.99/month 
• Metal: Starts at £14.99/month
• Ultra: Starts at £45/month
• Custom/Enterprise: Custom pricing for large companies with specific needs.

Prices may vary slightly by region, and additional fees may apply for services like crypto trading or international SWIFT transfers.

Revolut Strengths

• Supports multi-currency accounts with competitive exchange rates
• Built-in budgeting, savings “vaults,” virtual cards, and spending insights
• Revolut Business provides API integration for streamlined payments, expense tracking, and automation

Revolut Weaknesses

• Users report issues with slow customer service response times, especially with free plans
• Not available in every country, and there are limitations on certain services in specific regions
• While FX rates are competitive, Revolut charges a markup on currency exchanges during weekends and for specific currencies

#3) Trolley

Trolley (formerly known as Payment Rails) is a global payouts platform designed to help organisations automate mass payments to suppliers, freelancers, contractors, and vendors.

Trolley is one of the best Paypal alternatives because it provides companies with an end-to-end payout solution. This enables them to manage payments in multiple currencies (across various countries) using multiple payment methods. Trolley is particularly useful for companies managing high payouts to a dispersed global network.

Pricing

Trolley’s pricing structure is based on a monthly platform fee plus transaction fees. Custom pricing plans are available for larger businesses.

Key pricing elements:

• Monthly Platform Fee: Approximately £49/month, depending on invoice volume and features
• Transaction Fees: Processing fees vary based on the payment method and location.
• Custom Pricing: Enterprise plans with custom pricing for high-volume transactions or those with specialised needs

Exact pricing may vary, and additional features, like compliance, fraud protection, and real-time currency conversion, will have additional costs.

Trolley Strengths

• Payouts to over 200 countries in 135+ currencies with multiple payment options (think ACH, wires, and credit card payments)
• Built-in compliance tools to and tax form collection
• Customised payout portal with your own branding
• Built-in compliance tools to and tax form collection
• Customised payout portal with your own branding

Trolley Weaknesses

• Variable transaction fees, especially for international payments, add up quickly
• Smaller business owners with fewer international transactions may find the pricing and features more than needed
• Users report that customer support response times vary, particularly during periods of high demand

#4) Atlantic Money

Atlantic Money is a fintech and contactless payments company focused on providing low-cost global money transfers. It’s a more affordable and transparent alternative to traditional banks and other money transfer platforms by offering fixed low fees, competitive exchange rates, and simple pricing.

The system is designed for small businesses and aims to provide seamless cross-border payments without the markups and hidden fees that often accompany traditional international transfers.

Pricing

Atlantic Money’s pricing structure is as follows:

• Fixed Transfer Fee: £3 per transfer, regardless of the amount (for supported currencies).
• Exchange Rate: Interbank exchange rates with no additional markups

This model is generally cost-effective for larger transfers, as the fixed fee remains the same regardless of the size. There are also zero installation or setup fees for online transactions.

Atlantic Money Strengths

• Simple, fixed-fee structure and interbank exchange rates make it affordable and transparent
• Provides true interbank rates, which eliminates hidden fees
• The platform is intuitive and easy to navigate

Atlantic Money Weaknesses

• Supports only a limited number of currencies and countries
• Focuses solely on money transfers (no additional services)
• No batch payments, API integration, recurring billing, or payroll capabilities.

#5) Stripe

Stripe is a popular payment processor that offers custom APIs for ecommerce and mobile apps (Android or iPhone). The platform accepts 135+ payment methods and multiple currencies and is best used for running an online business. Key integrations enable a business to start taking payments directly through its website or app.

Pricing

Stripe’s pricing for UK businesses is per transaction and has no monthly or setup fees. It works more like a point of sale of ecomm shopping carts. There are also varying fees for card readers. Here’s how it works:

• Standard cards: 1.5% + 20p
• Premium cards: 1.9% + 20p
• EEA cards: 2.5% + 20p
• International cards: 3.25% + 20p
• Currency conversion: 2% commission
• Stripe-hosted link payments: 1.2% + 20p
• Recurring payments: 0.5% added to the existing processing fee
• Invoicing: 0.40% per invoice

You can also opt for a customised solution with different price offerings, depending on business needs.

Stripe Strengths

• Intuitive, full of features, and super easy to use
• Most e-commerce software already supports Stripe
• Instant Payouts feature (for an extra fee)

Stripe Weaknesses

• It’s not a useful product for traditional retail or brick-and-mortar stores
• Stripe does not support high-risk industries
• May need a software developer to integrate the solution

#6) Wise

Formally known as Transferwise, Wise is a money transfer service that offers business-facing banking solutions. The fintech platform allows you to send and receive payments, as well as manage even cash flow. A Wise Business account also connects to Intuit tools like QuickBooks Payments.

Pricing

Wise claims to cost 19 times less than PayPal, and 6 times less than traditional banks. UK fees are as follows:

• Sending money: From .33%
• Wise debit card: 7 GBP
• Currency conversion: From .33%

Wise Strengths

• Wise integrates with Stripe and Amazon accounts
• Bulk payments are easy to set up
• A business can manage funds in multiple currencies

Wise Weaknesses

• Pre-built reports are not always user-friendly
• Wise is not a bank, so cash deposits and/or pickups are unavailable
• European standards have to be modified, like SSCC and specific EAN codes

#7) Skrill

Established in 2001, Skrill is a digital wallet provider that offers various online payment and money transfer services. Since its launch, Skrill has expanded its cross-border operations in over 120 countries, in 40 different currencies. Make fast and secure payments with a virtual wallet that adds convenience and safety.

Pricing

Sending and receiving money is free with a Skrill account as long as no currency conversion is involved. Additional fees include:

• International transfer: 0 GBP (bank), 1% (debit card), 2.99% (credit card)
• Domestic transfer: Up to 2%
• Currency conversion: Skrill exchange rate + FX fee of 3.99%
• Idle account: service fee EUR 5.00 (or equivalent)

Skrill Strengths

• Ability to spend on global websites and transfer money outside of the UK
• Omnichannel payment processing (ACH, e-commerce, mobile)
• Both pre-built and custom dashboards and reporting

Skrill Weaknesses

• User support is often inundated with queries
• Customers aren’t always notified during maintenance mode
• Accounts can be closed without warning (security is too strict)

#8) Payoneer

Payoneer is very similar to PayPal and offers a merchant account (Payoneer account) that provides money transfers and digital payment services. It’s the world’s go-to partner for ecommerce businesses, online stores, small companies, enterprises, and more.

Payoneer also offers working capital, borderless payments, and endless opportunities for business growth.

Pricing

Pricing for Payoneer depends on what you are trying to do. Getting paid will cost you 3% of the transaction for credit cards and 1% of ACH transfers. Withdrawing funds is up to 2% of the transaction. It costs a £1.50 fee for domestic funds and a 2% fee for non-local currency. If you do not use your account, there is also a £29.95 per year fee. This is waived with normal activity.

Payoneer Strengths

• Payoneer offers a 360-degree view of the AP process
• Add and save wallets in multiple currencies, including providing bank details
• Exchange rates are very reasonable and even better than similar platforms

Payoneer Weaknesses

• Customer support takes a long time to respond to urgent queries and fix problems
• Rather high ATM withdrawal fee (2% per transaction instead of fixed rate) or £1.95 per withdrawal
• There is no way to recover the account after an accidental issue

#9) MangoPay

MangoPay is a payment solution designed for marketplaces, crowdfunding, and other companies requiring a robust, customisable payment infrastructure. The system manages payments, e-wallets, and fund escrowing for multi-party transactions.

MangoPay is popular with businesses that need to handle complex payment flows, including onboarding, holding, and payout distribution to multiple users (like buyers, sellers, and fundraisers), while still remaining compliant with local regulations.

Pricing

The pricing model includes transaction fees and extra fees for specific features.:

• Transaction fees: Varies based on volume, currency, and payment method
• Card payments: ~1.8% + £0.18 per transaction
• Bank transfers: Fees vary based on region and volume
• e-Wallet fees: Built-in e-wallet functionality with costs for fund management and transfers

Exact pricing is tailored and may vary based on region, business volume, and customisation.

MangoPay Strengths

• API enables deep customisation to create tailored payment experiences and workflows
• Fully compliant with UK regulations, including KYC (Know Your Customer) and AML (Anti-Money Laundering) standards
• Supports transactions in multiple currencies, making it more accessible to a global audience

MangoPay Weaknesses

• Advanced infrastructure may be more complex than necessary for small businesses
• Integration can require a significant setup time and may necessitate developers
• Transaction fees are relatively high for some payment types, like cross-border or credit card transactions

Honourable Mentions

• Authorize.net
• Braintree
• Quadient

Other PayPal Alternatives for Digital Payments

Hyperwallet

Hyperwallet is a fintech brand and global payments solution that enables localised, multi-currency payments to almost anywhere in the world. It’s a frictionless payment experience whether you’re dealing with earnings, royalties, or commissions.

Hyperwallet is trusted by ecommerce and enterprises alike to efficiently distribute global funds in a single platform.

Pricing

You must contact the third-party payment processor to get an idea of the extra cost. Hyperwallet only operates and provides services through local affiliates. This means the pricing is never transparent.

Strengths

• The system is easy to use with a small learning curve
• Full-stack payout capabilities
• A great solution for cross-border payments at high volume

Weaknesses

• Pricing is not visible and is reported to cost more than competitors
• UX on the backend is outdated
• The setup process can be timely depending on the country

PayOp

PayOp offers payout capabilities alongside its payment processing services. PayOp is a global payment processing platform that provides multi-currency acceptance and cross-border payment solutions. PayOp allows businesses to send funds to vendors, suppliers, contractors, and other businesses internationally through its payout functionality.

Pricing

Since there are over 300 methods for online processing, prices will vary. Rates start at 2.4% per transaction, plus a fixed fee.

Strengths

• Multiple payout methods, including bank transfers, e-wallets, and card transfers
• White-glove customer support through Skype
• Manage complex payout requirements and support multiple currencies

Weaknesses

• Transactions can be blocked by the payer’s bank
• There have been issues with plugin integrations
• The risk team can be overzealous and close accounts prematurely

NETELLER

NETELLER is a digital wallet that gives businesses access to multiple payment methods and multi-currency accounts. The system enables secure, instant payments and money transfers. It supports various payment methods, including bank transfers, prepaid cards, and transfers to other NETELLER accounts.

Pricing

NETELLER offers various integrations to fund your business account, so the fees vary depending on the third party. The average processing cost reported is 2.5% per transaction.

Strengths

• The company offers a Net+ prepaid or virtual card
• Serves as a digital wallet with top security
• High-volume payouts for affiliate marketing, freelancers, and e-commerce

Weaknesses

• There may be hidden fees depending on the third-party
• It can be hard to find as a checkout option with online shopping
• There is a minimum limit on transfers and money you can send

Paysera

Since 2004, Paysera is a fintech company that provides convenient, fast, and reliable payment services worldwide. It’s a cheap and safe way to send money, and offers a multi-currency account to facilitate cross-border transactions.

Like PayPal, it operates as a virtual bank offering various money management methods. You can also use SEPA transfers, SWIFT transfers, and direct transfers to Paysera accounts.

Pricing

The cost will vary depending on the type of currency, the recipient’s bank, and the speed of the transfer. Although the exchange rate will affect the price, Paysera offers competitive rates (usually within a 1% margin).

Paysera Strengths

• There is no fee to transact between Paysera accounts
• Apply for a contactless debit card to be linked to the account
• Competitive fees for international transfers

Paysera Weaknesses

• The card is only issued for EEA (Europe) and requires an IBAN account
• The verification process can be long and complicated
• There is a daily ATM withdrawal limit (depending on the country and currency)

Companies That May Not Have the Same PayOut Capabilities

• Square
• Amazon Pay
• 2Checkout
• Shopify Payments

10 Alternatives to the PayPal Business Debit Mastercard

A business can use the PayPal prepaid Mastercard to shop everywhere Mastercard is accepted. The card can be used for purchases anywhere Mastercard is accepted, both online and in-person.

The Mastercard includes unlimited 0.5% cashback on all purchases and no foreign exchange fees. There is a flat fee of £1 for worldwide ATM withdrawals.

However, PayPal isn’t the only company that offers this solution. Several intelligent alternatives to the PayPal platform exist when it comes to issuing a prepaid card.

#1) Payoneer Mastercard

Payoneer gives businesses access to multiple MasterCards to streamline their expenses across platforms and in-store. Once approved, you‘ll receive card details immediately. There‘s no need to wait for a plastic card in the mail.

Payoneer has higher acceptance rates than most other brands, with the ability to connect the card to mobile wallets. It should be noted, the Payoneer Digital Purchasing Mastercard is not a prepaid card.

#2) MasterCard Prepaid

The Mastercard prepaid is safer than cash. You simply load and go. A business can obtain a prepaid card without a credit check or bank account. It’s also possible to link a Venmo or PayPal card to your account. Fees range depending on the type of Mastercard you choose.

#3) ZEN Mastercard

The Zen Mastercard is a good service provider for organisations that already use the Zen platform as an online payment gateway. The card can integrate with Apple Pay and Google Pay, and offers cashback rewards of up to 15% when you shop with Zen partners. Zen also won’t charge you any fees.

Summing it Up

PayPal isn’t the end-all, be-all when it comes to online payment systems. Take the time first to really understand your core business needs. What are the top features required? Is there a budget? How many people will be using the software? These are all great questions that should be asked at the beginning of your search.

By now, there are hundreds of accounting software platforms to choose from. Do the work upfront, and you’ll find a better fit in the long run. Ready to start exploring the top alternative to PayPal Payouts? Get started with Tipalti today!