SitePoint Sponsor

User Tag List

Results 1 to 11 of 11
  1. #1
    SitePoint Member
    Join Date
    Aug 2006
    Posts
    1
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Paypal alternatives - Payment gateway that pays out in euros

    Greetings,

    We're currently accepting payments using Paypal. Their fees are quite steep though especially taking into account the currency exchange rates.

    We now pay approximately 4% in fees plus a 2.5% exchange rate loss. Customers pay us in euros and as our Paypal account is in Hong Kong the euros are converted to HK dollars whent transferred to our bank account (though the bank account is in euros).

    Does anyone know of a payment gateway with lower fees and where we can keep the balance in euros?

    Each incoming payment is of around 300 so the "fixed per transaction fee" is of less importance.

  2. #2
    SitePoint Member
    Join Date
    Apr 2013
    Posts
    10
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    You should try Nochex if you are only targeting clients from Europe. Allied Wallet could be another option.

  3. #3
    SitePoint Member johnlarase's Avatar
    Join Date
    May 2013
    Location
    Somewhere in Asia
    Posts
    17
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    You could check this list of over 15 credit card processing companies as alternative to PayPal.
    http://www.staff.com/blog/comparison...ing-companies/

    It is compiled into a Google spreadsheet and was set to be publicly editable so anyone who wishes to add more, they can do so. The list is sorted according to its Alexa ranking, so its really good to figure out which of those that were used by most people.

  4. #4
    Non-Member
    Join Date
    Jul 2013
    Posts
    14
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    You can use monebookers (Skrill) If you want to keep the balance in euros. Skrill's default currency is in EURO. It also cost effective.

  5. #5
    SitePoint Member
    Join Date
    Aug 2013
    Location
    Pinson, AL
    Posts
    10
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    About a Year ago, I was looking for an alternative to PayPal. I went to my banker. He asked me what i was presently using. When I told him I was using PayPal, he asked my why I wanted to change. According to my banker, and many other bankers, PayPal is the best online merchant account system.

  6. #6
    SitePoint Member
    Join Date
    Jul 2013
    Location
    Wilmington,DE
    Posts
    10
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    yes, i agree, Moneybooker (Skrill) is one of best alternative for paypal. But as far as i know, paypal fees is better than other payment processor out there. CMIIW

  7. #7
    SitePoint Member
    Join Date
    Aug 2013
    Location
    Canada
    Posts
    1
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Recently I came across this article, it talks about the top 5 Paypal alternative. I guess you people will like it, read more here
    http://www.makeuseof.com/tag/why-you...-alternatives/

  8. #8
    SitePoint Member
    Join Date
    Nov 2008
    Posts
    7
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I recently applyed for 2checkout account. They are accepting money in almost any currency and they have great options to start accepting credit cards rather than accepting only paypal users.

  9. #9
    SitePoint Member
    Join Date
    Sep 2013
    Posts
    4
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Couldn't you just keep the money in Euro's and set up a Euro dollar account with a bank? That way you can withdraw your money to that account, and exchange it at the banks exchange rate, which would save you at least around %1 usually.

  10. #10
    SitePoint Member
    Join Date
    Jun 2012
    Posts
    1
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Have you looked into stripe? Has some a bit better rates than paypal

  11. #11
    Non-Member
    Join Date
    Nov 2011
    Posts
    46
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    There is this article about paying anyone in any country:
    http://biz30.timedoctor.com/payoneer...n-any-country/

    It comprehensively covers Payoneer vs. Paypal vs. Wire Transfer vs. Western Union and a couple of other options. It also mentions the hidden fees that you were concerned about.

    I hope that helps you out in considering Paypal alternatives.


Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •