We live in a global economy, where it is common to send money to family and friends living on far away continents. While money transfer is a global phenomenon, most of the world's money transfer business is handled by Western Union, MoneyGram or e-gold.
Digital businesses and individuals use services like Paypal to transfer the money or payment from one country to other.
The transfer is done with an online banking account. Prepaid debit card is a way to transfer or send money from PayPal. It is linked to a bank account of the sender. The recipient can withdraw the money from their PayPal account to their Bank account. While completing these transaction, PayPal charges a small fraction of fees known as transaction fees.
Business and individuals always try hard to find a payment provider who can charges less for the transactions.
There are better alternatives available to PayPal and you can also convert your transfer or send money to your bank account in shot time. Skrill and Wise are very popular online payment and money transfer service. If you are looking for PayPal Alternative, Skrill is the perfect choice for you. Wise and Skrill are very secure internet payment system. They have many features like PayPal.
Here in this video we are going to mention more of the best PayPal Alternatives. These are also having their own perks.
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