Is There Really an Alternative to Paypal?

April 21, 2006 | By Gobala Krishnan |

I invite someone to challenge me on this statement: there is no alternative to Paypal.

I know many of you may have heard all the horror stories about Paypal. I recently got my Paypal account suspended indefinately and they have yet to pay me the balance. I was frustrated and I told myself I will never use Paypal again. “Screw them” I thought…

But things have been slowing down ever since, and when I finally started accepting Paypal payments again yesterday (another account) it’s as if I opened up an entirely new income stream.

My conclusion: You make more if you accept Paypal.

Google’s payment processor better get rolling fast. I can only see an alternative to Paypal coming from Big-G themselves, no one else. And since their company motto is “Do no evil” I think they would care more about me