PayPal Alternatives for your Online Business #02
Trying to find the right online payment service for businesses can be daunting. PayPal is the obvious name that comes to the forefront of conversation in this field, but that doesn't automatically make it the best option to get paid.
Luckily for those seeking viable alternatives, the online market for payment processing has become a far more competitive space over the last five years.
It is important to take an in-depth look at what your business needs in a payment gateway. Perhaps you need bespoke integration solutions, or maybe cheaper international payment processing? It is best to gather all the facts before coming to a conclusion. No matter what you are looking for in a payment processing option, looking at the fees should be a top priority in deciding which payment company you partner with.
Payline Data
This nifty company has a strong focus on innovation, whilst still managing to provide the basics of payment checkout with aplomb. Their integration is second to none and most importantly the service comes at a minimal hit to your back pocket too.
Payline as a practical alternative offers:
Payline offer well-supported and high-performing APIs to secure payments with a large variety of apps.
It has a monthly fee of $15 that also offers a POS (Point of Sale) provision.
The fees remain constant at 0.35% plus 10c for every transaction.
If I had my own online business, I would have already thought about how to integrate crypto into the payment process. Why is it still so rare? It feels like everyone is afraid to get involved with crypto or they’re waiting for some special sign that it’s time.
Perhaps taxes and the legality of such payments play a role here. Different countries have different conditions, but instead of checking and gaining a lot of advantages, many think the best option is not to complicate things and work the way they’re already used to, following a well-established system. Good solutions like https://omypayments.com/ can significantly boost business, attract more customers, reduce fees, and speed up the entire financial process. I also don’t see any problems with taxes. You just receive crypto, convert it to fiat, and record it as income.