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Alternatives to PayPal

posted in Money | May 7, 2012 | 590 views

If you do business online, no doubt that you use PayPal. It has become the most mainstream online payment service over the last few years, thanks, in part, to it collaboration (and then purchase) by eBay. However, it is not the only player in this space, and here are a few alternatives you should check into.

Serve is American Express’s venture into the online payment space. Just like PayPal, it allows you to send money for free to friends and family who also have Serve accounts. It can be accessed online like PayPal, or by using an app on your phone.

Just like PayPal, you connect your Serve account to a checking account or credit card. If you use your checking account, adding funds is free. However, if you use your credit card, you are subject to a 2.9% fee.

Finally, (and once again “Just Like PayPal”), you can get a debit card that is sponsored by MasterCard, so you can use it as both an ATM card and for purchases. If you use it like an ...read more

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