TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    PayPal Payments Pro

    Score8.6 out of 10
    N/APayPal Payments Pro is an enterprise-class ecommerce payment solution, that provides payment processing security to build a professional-grade ecommerce site. It can be configured to meet business needs and works across devices. Users can tap into over 390 million active customer accounts around the globe.

    $0.02

    per transaction

    Skrill

    Score7.5 out of 10
    N/ASkrill is a payment gateway software solution offered by Skrill USA, Inc..N/A

    Wise

    Score9.8 out of 10
    N/AWise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

    $0.41

    one-time fee

    Pricing
    PayPal Payments ProSkrillWise
    Editions & Modules
    QR code Transactions
    1.90% + fixed fee
    per transaction
    Charity Transactions
    2.20% + fixed fee
    per transaction
    Commercial Transactions - In-Store
    2.70% + fixed fee
    per transaction
    Commercial Transactions - Online
    2.90% + fixed fee
    per transaction
    PayPal's pay later offers
    2.90% + fixed fee
    per transaction
    Venmo
    2.90% + fixed fee
    per transaction
    No answers on this topic
    ATM Fees over 100 USD per month
    2%
    One time/%
    Accounting Funding transactions
    2%
    One time/%
    Receiving USD wire payments
    4.14 USD
    One time/%
    Getting the Wise Debit card
    5 USD
    One time/%
    Getting account details in 10 currencies
    31 USD
    One time/%
    Sending money
    From 0.41%
    One time/%
    Converting money
    From 0.41%
    One time/%
    Offerings
    Pricing Offerings
    PayPal Payments ProSkrillWise
    Free Trial
    NoNoNo
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoNoNo
    Entry-level Setup FeeNo setup feeNo setup feeNo setup fee
    Additional Details———
    More Pricing Information
    Community Pulse
    PayPal Payments ProSkrillWise
    Considered Multiple Products
    PayPal
    Chose PayPal Payments Pro
    For us, TransferWise was a very good option to be able to send and receive payments, it is a very reliable system and allowed our employees to receive payroll money safely, however, the reason we prefer PayPal Payments is because offers us a more instantaneous receipt of money, …
    Incentivized
    Chose PayPal Payments Pro
    I advise my customers to pay via Stripe rather than PayPal. Stripe fees are cheaper - 3% for international transfer (PayPay 4,4%), 2% for currency exchange (PayPal 4%) - currency exchange happens more seldom as I can make payouts in PLN and EUR (PayPal PLN only). Stripe has a …
    Incentivized
    Paysafe
    Chose Skrill
    Skrill solves a specific problem for us which other products could not at the time of installation so we decided to keep it.
    Incentivized
    Chose Skrill
    Skrill is cheaper and seems simpler, most times, but perhaps lacks some advanced features that cause us to end up using another vendor.
    Incentivized
    Chose Skrill
    Paypal doesn't work on some countries and Skrill helped me a lot about this issue
    Incentivized
    Chose Skrill
    Skrill has advantages over the others, such as quicker payments, superior customer service, and lower payment transfer fees. Before using this one, we tested PayPal, Payoneer, and TransferWise, among other payment service providers. However, after around three years of use, …
    Incentivized
    Chose Skrill
    Skrill is free to get started. It has a wide range of tools at the disposal of the model used that make the work and tasks of money transfers agile. Compared to Paypal Pro which requires a monthly subscription, and a smaller range of tools (even though it is paid).
    Incentivized
    Wise (formerly TransferWise)
    Chose Wise
    I used all of them and some more like Skrill, Neteller. Wise just worked better for me in most cases. Also, I use Payoneer a lot. When I started freelancing I was only using Payoneer, so it's been with me forever. But Wise worked pretty well for me, at least better than Remitly.
    Incentivized
    Chose Wise
    Stripe is good and convenient as well. However to setup something more in-depth as an invoicing platform, Stripe definitely is more flexible. The only downside to Stripe is.. It takes a higher transfer fee as compared to TransferWise.
    Incentivized
    Chose Wise
    TransferWise beats all the competition on transaction rates, and it's easy to use. I literally have found no drawbacks in using TransferWise to pay my overseas contractors, and they prefer it too. I found it because my contractor recommended it to me, and it's better AND …
    Incentivized
    Chose Wise
    We have used Xoom and PayPal Payments, but TransferWise works for additional countries and has more transparent fees.
    Incentivized
    Chose Wise
    We cannot send to certain locations that we need to, but with TransferWise we can.
    Incentivized
    Chose Wise
    • TransferWise has lower transaction fees
    • A better user interface--much cleaner, and simple to use
    • Very simple and smooth process to transfer and receive money
    Incentivized
    Key User Insights
    Would buy again
    85%
    Would buy again
    34 Answers
    90%
    Would buy again
    9 Answers
    96%
    Would buy again
    22 Answers
    Delivers good value for the price
    90%
    Delivers good value for the price
    36 Answers
    100%
    Delivers good value for the price
    9 Answers
    96%
    Delivers good value for the price
    22 Answers
    Happy with the feature set
    90%
    Happy with the feature set
    36 Answers
    100%
    Happy with the feature set
    10 Answers
    96%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    89%
    Lived up to sales and marketing promises
    33 Answers
    100%
    Lived up to sales and marketing promises
    6 Answers
    89%
    Lived up to sales and marketing promises
    17 Answers
    Implementation went as expected
    95%
    Implementation went as expected
    35 Answers
    100%
    Implementation went as expected
    9 Answers
    100%
    Implementation went as expected
    18 Answers
    Features
    PayPal Payments ProSkrillWise
    Payment Gateways
    Comparison of Payment Gateways features of PayPal Payments Pro and Skrill and Wise
    Feature
    PayPal Payments Pro
    -
    Ratings
    Skrill
    8.7
    2 Ratings
    16% above category average
    Wise
    -
    Ratings
    Fraud Detection00 Ratings9.01 Ratings00 Ratings
    API or SDK00 Ratings8.52 Ratings00 Ratings
    Recurring Payment Support00 Ratings8.01 Ratings00 Ratings
    Billing and Invoicing Support00 Ratings9.01 Ratings00 Ratings
    Global Support00 Ratings9.52 Ratings00 Ratings
    Payment Form Acceptance00 Ratings8.52 Ratings00 Ratings
    Best Alternatives
    PayPal Payments ProSkrillWise
    Small Businesses
    Apple Pay
    Score9.1 out of 10
    Apple Pay
    Score9.1 out of 10
    No answers on this topic
    Medium-sized Companies
    Payoneer
    Score8 out of 10
    Payoneer
    Score8 out of 10
    No answers on this topic
    Enterprises
    Checkout.com
    Score10 out of 10
    Checkout.com
    Score10 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    PayPal Payments ProSkrillWise
    Likelihood to Recommend
    8.2
    (72 ratings)
    7.5
    (10 ratings)
    9.0
    (24 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    6.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (2 ratings)
    -
    (0 ratings)
    Support Rating
    2.3
    (9 ratings)
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    PayPal Payments ProSkrillWise
    Likelihood to Recommend
    PayPal
    Paypal is great for personal payments as well as business payments for ecommerce of for paying monthly memberships. It is a user friendly software that needs little expertise to get used to. For larger payments, the fees become high therefore it is more suitable for payments of upto few hundred dollars.
    Read full review
    Paysafe
    Skrill is my preferred way of doing money transactions abroad typically when I need a safe secured and efficient way of sending money overseas and the amount is low. Most other portals tend to charge a transfer fee for lower amounts but Skrill does not charge a transaction fee when I use the ACH Transfer even for lower amounts. For personal use, I have used the debit card to fuel transactions and it allows you the same facility as the debit card. If I need to complete the transaction within a day and want the money to be available in the receiving account overseas the same day, I prefer another portal that has the option of express service that Skrill does not offer.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
    Incentivized
    Read full review
    Pros
    PayPal
    • PayPal offers me the option of converting my currency deposited in my account to another currency, so I can complete all kinds of payments and send money to employees who are in another country for business reasons.
    • The mobile phone application is too fast, I can make payments to my employees in a matter of seconds without having to wait for the web version to load.
    • Scheduled payments are great. PayPal allows me to add a list of contacts to my PayPal Business account, and after adding the contacts, I can schedule payments for a specific day and time. It's easier to make automated payroll payments with PayPal.
    Incentivized
    Read full review
    Paysafe
    • It is a global payment processor that accepts payments from all around the world.
    • Because of the high security requirements for signing in, no one can readily access the account.
    • Real-Time Payments - Payment Gateway
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
    • Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
    • Affordable - the fees on both ends were minimal.
    Incentivized
    Read full review
    Cons
    PayPal
    • Sometimes the UX flow would not deliver the customer back to our site, leaving orders in limbo "Pre-approved" status. The customer would call days later asking why we hadn't shipped it.
    • The PayPal logo on the checkout page can be kind of large and obtrusive.
    • They mention new features and programs on their login page, but it's hard to find any details on them deeper in the software.
    Incentivized
    Read full review
    Paysafe
    • Skrill's UI can be bloated and slow sometimes, and overcomplicated
    • There are some issues with localization and language, some concepts didn't see to be translated properly
    • What an e-wallet is, is not super clear to potential users
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
    • Ability to schedule recurring transfers could be useful.
    • Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
    Incentivized
    Read full review
    Likelihood to Renew
    PayPal
    No answers on this topic
    Paysafe
    We ended up using Tipalti which seems to have solved our specific needs better, though it is more expensive.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Usability
    PayPal
    No answers on this topic
    Paysafe
    Because it's simple to use, works well since we have first set it up and we never had any issues with it.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Support Rating
    PayPal
    Customer service representatives were unable to explain why customer in Australia were unable to make payments using our link. It turned out that customers in Australia must create an account. PayPal's user interface did not reveal this to our customers in Australia. There was plenty about this issue appearing in online forums and PayPal customer service couldn't explain this. This change in PayPal's usability happened between April and May of 2021 and was done without notice to vendors (like us).
    Incentivized
    Read full review
    Paysafe
    No answers on this topic
    Wise (formerly TransferWise)
    We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
    Incentivized
    Read full review
    Alternatives Considered
    PayPal
    I don't think there's really any competition here. There's Venmo (also owned by PayPal) who is now offering business accounts, but it still isn't quite the same. The closest thing in terms of ease of use would be Apple Pay or Google Pay (and there are a handful of others out there, but we offer Apple and Google Pay). As a business, I prefer Apple or Google Pay to PayPal Payments, but we offer either Google or Apple Pay, PayPal, and credit card options and PayPal is always right up there with credit cards. I don't foresee us ever getting rid of PayPal Payments as an option, but we do try to only offer it on request for higher ticket items or high dollar installment purchases.
    Incentivized
    Read full review
    Paysafe
    I use different payment systems depending on the goal. Skrill is good when my contractor prefers this way of payment. Also, Skrill is a preferred payment option in many online services, which makes it easy to use. Also, Skrill issues a real plastic Visa card you can use like any bank card.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).
    Incentivized
    Read full review
    Return on Investment
    PayPal
    • Our daily revenue has been increased when started PayPal Payments as the payment gateway.
    • Refund rate and recurring revenue is stable and disputes are handled properly.
    • Forex Fluctuations is controlled and solved the buying experience for few users.
    • Solved problem for different currencies and retained our users.
    Incentivized
    Read full review
    Paysafe
    • I can quickly deposit my international multi-currency account without making an expensive wire transfer, with no border restriction as long as I have the mobile app with me.
    • Skrill is very convenient for each transfer amount up to EURO 2,500, and EURO 15,000/monthly.
    • Possibility of hiring freelancers for my company with immediate payments.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • We can save around 5% on our transfer fees
    • The online account management is easier than going into banks personally
    • There's no negative impact...
    Read full review
    ScreenShots