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  1. Stackups
  2. Utilities
  3. Payments
  4. Payment Services
  5. PayPal vs Wirecard

PayPal vs Wirecard

OverviewComparisonAlternatives

Overview

PayPal
PayPal
Stacks19.5K
Followers14.8K
Votes665
Wirecard
Wirecard
Stacks6
Followers12
Votes0

PayPal vs Wirecard: What are the differences?

  1. 1. Ownership and History: PayPal, founded in 1998, is an American company that offers online payment solutions worldwide. It was initially part of eBay but became a separate company in 2015. On the other hand, Wirecard, founded in 1999, is a German payment processing company. Wirecard focuses on providing digital financial technology and mobile payment services.

  2. 2. Services Offered: PayPal mainly offers a secure online payment system, allowing individuals and businesses to send and receive money electronically. It also provides payment solutions for e-commerce websites and facilitates international transactions. Wirecard, in addition to payment processing services, offers a range of digital financial services, including mobile banking, prepaid cards, and e-wallet solutions.

  3. 3. Global Reach: PayPal has a vast global reach, operating in more than 200 countries and supporting multiple currencies. It has built a strong presence in the online marketplace, making it widely accepted by merchants and consumers alike. Wirecard, although operating globally, has a relatively smaller presence compared to PayPal. It focuses on providing services to merchants and businesses across Europe and Asia.

  4. 4. Growth and Market Value: PayPal has experienced significant growth since its inception and is recognized as a leader in the online payment industry. It has a considerably higher market capitalization compared to Wirecard, making it a more established and influential player. In contrast, Wirecard has faced financial scandals and controversies in recent years, leading to a decline in its market value and trust among investors and customers.

  5. 5. Security and Fraud Protection: PayPal is known for its robust security measures and fraud protection systems, putting strong emphasis on customer safety. It offers buyer protection and helps resolve disputes between buyers and sellers. Wirecard also provides security measures; however, its reputation has been affected by the financial irregularities and accounting fraud that emerged in 2020, raising concerns about its reliability.

  6. 6. Integration and Developer Tools: PayPal offers various integration options for developers, including APIs and SDKs, making it easier for businesses to integrate payment solutions into their websites and applications. It provides extensive developer documentation and resources for seamless integration. Wirecard also offers integration tools for developers; however, its focus on digital financial services makes it differ in terms of the specific tools and solutions provided.

In summary, PayPal and Wirecard have notable differences in ownership and history, services offered, global reach, growth and market value, security and fraud protection, as well as integration and developer tools. While PayPal is a well-established American company with a broad range of payment services and a global presence, Wirecard is a German payment processing company specializing in digital financial technology. Despite similarities in some areas, such as security measures, PayPal's reputation and market influence are generally stronger compared to Wirecard.

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Detailed Comparison

PayPal
PayPal
Wirecard
Wirecard

PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.

It is a global internet technology and financial services provider which is listed on the German stock exchange. It offers worldwide services for innovative digital payments: online, mobile, and at the POS.

2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.;Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.;Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.;Adaptive Payments- The Adaptive Payments API allows merchants and developers to pay almost anyone and set up automated payments.;Express Checkout- Express Checkout allows merchants and developers to minimize the number of steps customers must complete when they checkout.;PayPal Payments Advanced- PayPal Payments Advanced allows merchants to enable their online stores to collect payment directly via credit card or via PayPal Express Checkout.
Payment. Accept payments worldwide, securely, transparently and efficiently; Mobile payment. Enable cashless payment at every PoS; Risk management; Innovative card technology; Integration & Testing Solutions; Optimize customer dialogue and improve loyalty; Value-added services.
Statistics
Stacks
19.5K
Stacks
6
Followers
14.8K
Followers
12
Votes
665
Votes
0
Pros & Cons
Pros
  • 196
    Most known service
  • 135
    Consumers know it
  • 113
    It's available for many countries
  • 70
    Easy
  • 54
    Best way to get paid outside US
Cons
  • 1
    Harder to get started with
  • 1
    Less countries supported
  • 1
    Not well written recurring payment api
No community feedback yet
Integrations
Formstack
Formstack
Wufoo
Wufoo
Constant Contact
Constant Contact
Shopify
Shopify
Recurly
Recurly
Wufoo
Wufoo
Shopify
Shopify
WEBPAY
WEBPAY
Weebly
Weebly
Xero
Xero
BigCommerce
BigCommerce

What are some alternatives to PayPal, Wirecard?

Stripe

Stripe

Stripe makes it easy for developers to accept credit cards on the web.

PrestaShop

PrestaShop

PrestaShop is written in PHP, is highly customizable, supports all the major payment services, is translated in many languages and localized for many countries, and is fully responsive (both front- and back-office).

Braintree

Braintree

Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.

Magento

Magento

Magento Community Edition is perfect if you’re a developer who wants to build your own solution with flexible eCommerce technology. You can modify the core code and add a wide variety of features and functionality.

Shopify

Shopify

Shopify powers tens of thousands of online retailers including General Electric, Amnesty International, CrossFit, Tesla Motors, Encyclopaedia Britannica, Foo Fighters, GitHub, and more. Our platform allows users to easily and quickly create their own online store without all the technical work involved in developing their own website, or the huge expense of having someone else build it. Shopify lets merchants manage all aspects of their shops: uploading products, changing the design, accepting credit card orders, and viewing their incoming orders and completed transactions.

Recurly

Recurly

Recurly is the leading pay-as-you-go recurring billing service because setup is easy, integrations are quick, and our service grows with the needs of your business.

Adyen

Adyen

A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies.

Spree

Spree

The Spree storefront offers a full feature set and is built on common standards, so you don't have to compromise speed to market, efficiency or innovation. The modular platform allows you to easily configure, supplement or replace any functionality you need, so that you can build the exact storefront that you want.

Saleor

Saleor

Saleor is a rapidly-growing open source e-commerce platform that has served high-volume companies from branches like publishing and apparel since 2012. Based on Python and Django, the latest major update introduces a modular front end powered by a GraphQL API and written with React and TypeScript.

nopCommerce

nopCommerce

It is the open-source eCommerce solution. It has everything you need to get started in selling physical and digital goods over the internet.

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