Nov 18, 2010

Alternatives to PayPal:11-Paymate

Alternatives to PayPal:11-Paymate

Availability: Australia, USA, New Zealand

Paymate provides secure, reliable and innovative Internet-based payment services to buyers in 57 countries around the world and sellers in Australia, New Zealand and the USA. You can use Paymate to receive online payments via credit card, and like PayPal – you don’t need to have a merchant facility with a bank.

Although this is a service which exists inside particular locales, it is still a worth competitor to PayPal, and has performed particularly well on Ebay Australia – where Ebay were forced to accept it as an alternative payment provider for fears of anti-trust litigation.

Details on the fees charged can be found here – with the fee for buyers in the UK at the time of writing being 3% + 0.25p  per transaction regardless of the size of transaction. However there does seem to be charges for chargebacks and a credit check charge for new customers opening an account.

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