For online entrepreneurs, PayPal remains one of the trusted and most viable means of payment. Merchants rely on this platform as a means of collection and also making payment to their various partners.

They started in 1998 and have developed a large customer base.

Worth mentioning is the segmentation of their customers into individual and merchants. It has helped them deliver service in a friendly and efficient manner. While the individual has grown above 300 million active users, their merchant customers have exceeded 20 million active customers.

Their efficient customer service has made the platform very easy to use. You can start an account and can be up and running immediately. Their policies and prices are laid out transparently. They do not offer cumbersome and difficult to interpret contracts. Likewise, they have no fees or any form of charges for early termination.

There is no gainsaying, it is a lovely platform. But like any other platform, it has its drawback. As such, we must see the best alternatives to Paypal in the industry. But just before we look into these alternatives, we must see what to consider when seeking this alternative.

Features to Lookout for in alternatives to PayPal

Our businesses are different and unique. Each of us will find different platforms pleasing to each other. Below are features you should consider before selecting any of the alternatives to PayPal.

They include:

1. Do the platform charge per transaction
2. Do they have flat monthly fees
3. Is the platform-specific to any niche market
4. How much can this platform help you save
5. Can I easily integrate my business with