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PayPal

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WEBPAY

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PayPal vs WEBPAY: What are the differences?

PayPal: Send Money, Pay Online or Set Up a Merchant Account. 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.; WEBPAY: Enables merchants to receive payments from consumers through the use of credit and debit cards. It is an online service that manages the transfer of funds from a customer to the merchant of an e-commerce website.

PayPal and WEBPAY can be categorized as "Payment Services" tools.

Some of the features offered by PayPal are:

  • 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.

On the other hand, WEBPAY provides the following key features:

  • Asset Management
  • Bonus, Loan & Advances Management
  • Document Management
Decisions about PayPal and WEBPAY
Lucas Litton
Founder & CEO at Macombey · | 4 upvotes · 140.1K views

We use GoCardless to simplify the way clients and partners pay for our services. What intrigued us is the quick and easy ACH feature that gives our clients the option to log in with their bank account and shoot the funds directly to our account. The fee, compared to Stripe is less. Stripe and PayPal charge 2.9% + 30c and Stripe also forces the client to enter in all of their payment details manually and then if the payment doesn't work, the client has to try all over again. GoCardless charges 1% + 25c which is much more reasonable dealing with the large projects that we are currently working on.

We integrate GoCardless with Xero to easily send out quick invoices, receive the funds and track all revenue in one place.

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Pros of PayPal
Pros of WEBPAY
  • 194
    Most known service
  • 134
    Consumers know it
  • 111
    It's available for many countries
  • 67
    Easy
  • 54
    Best way to get paid outside US
  • 34
    Most widely used payment processor
  • 24
    Express Checkout
  • 15
    Consumers trust it
  • 14
    Flexible and secure
  • 6
    Digital Goods for Express Checkout
  • 1
    PayPal
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    Cons of PayPal
    Cons of WEBPAY
    • 1
      Not well written recurring payment api
    • 1
      Less countries supported
    • 1
      Harder to get started with
      Be the first to leave a con

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      What is PayPal?

      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.

      What is WEBPAY?

      It is an online service that manages the transfer of funds from a customer to the merchant of an e-commerce website.

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      What are some alternatives to PayPal and WEBPAY?
      Stripe
      Stripe makes it easy for developers to accept credit cards on the web.
      WePay
      WePay helps people sell tickets to events, send invoices, sell items online, and accept donations online. WePay also provides an API that allows developers to access its payments platform.
      Payoneer
      It is a financial services company that provides online money transfer and digital payment services and working capital solutions
      TransferWise
      It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.
      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.
      See all alternatives