Let’s go over a few of these online payment services and check out the differences and why you might use one over another. Its interface is a mix of digital wallet and a social media feed.
Pay Pal is the top dog when it comes to online payment services.It’s generally easy to use and a secure way to send money while buying products and services online, but it does have its downsides.With Amazon Payments, you can use your Amazon account credentials to login and make purchases on thousands of websites and apps with the Login and Pay system, without scrambling around for your credit card.With Amazon’s usual protection also safeguarding the transaction, this is one of the stronger alternatives to Pay Pal.Since then, the service has taken several different guises, including the now defunct Web Pay service.
Web Pay was a direct Pay Pal competitor that ceased operation in October 2014.
There is often a monthly fee, and you must be compliant with PCI Council security standards.
However, if you do a lot of business and need to integrate a payment solution into your own shopping cart or system, this is the best way to go.
In that sense, it works alongside Pay Pal, rather than completely replacing it.
Amazon released their payments service back in 2008.
Fortunately, several other businesses have stepped up to provide their own payment services.