Best PayPal Alternatives in 2026
Looking for alternatives to PayPal? Here are the top options compared.
Why Consider PayPal Alternatives?
- β οΈHigher fees
- β οΈAccount holds
Top 2 Alternatives to PayPal
#1
Stripe
Stripe is a developer-friendly payment platform.
2.9% + 30c
β Pros
- β’ Great API
- β’ Clean dashboard
- β’ Modern
β Cons
- β’ Requires development
#2
Lemon Squeezy
Lemon Squeezy is a modern payment platform designed specifically for selling digital products and SaaS. As a Merchant of Record, it handles sales tax, VAT, and compliance for you.
5% + 50Β’ per transaction
β Pros
- β’ Merchant of Record (handles tax compliance)
- β’ Simple setup for digital products
- β’ Built-in license key management
β Cons
- β’ Higher transaction fees than Stripe
- β’ Limited to digital products and SaaS
- β’ Less flexible than Stripe's API
Quick Comparison
| Tool | Price | Free Tier | Best For |
|---|---|---|---|
| PayPal | 3.49% + 49c | β | Payments |
| Stripe | 2.9% + 30c | β | Payments |
| Lemon Squeezy | 5% + 50Β’ per transaction | β | Payments |