PayPal used to be the only option for ecommerce payments. However, they have lost some of their market share in recent years as competitors have risen to take some of their business. Companies such as 2Checkout and Stripe have moved into the market and they are not backing down anytime soon.
Key Takeaways:
- PayPal was once one of the most revolutionary pieces of technology in the world and there was not that much interest for PayPal alternatives.
- 2Checkout one of the favorite PayPal alternatives, mainly because it’s all about accepting payments globally.
- Google Wallet is by far the best choice if you’d like a place to store and use your debit and credit cards.
“It’s no secret that the PayPal interface is still pretty solid, but one thing to remember is that the main reason PayPal is still so popular is because people are so used to it.”
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