Will we ever see a PayPal competitor?

Started by LitheInvestor, 07-29-2010, 18:21:00

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LitheInvestorTopic starter

Will we ever see a PayPal competitor?  Will a payment processor ever get to the level that PayPal's popularity has gotten?  I think it's a long shot at least in the near term as Ebay now owns PayPal and partners significant traffic to them.  What do you think?
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Medium

I think that Google Checkout could be a PayPal competitor.
And the following ones have also chance:
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Obopay

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    BlingNation

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    Moneybookers

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    Smart Voucher

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    Bill Me Later

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    Billpoint

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    Paymo

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    Blinksale

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    Siteheart

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    Saftpay

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    Billhighway

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    PaymentOne

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    OpenCuro

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    Znak, Inc.

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    WePay
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ajivets

#2
While PayPal currently dominates the online payment market, competition does exist, and it's possible for a new payment processor to challenge PayPal's popularity in the future. Technology is constantly evolving, and new players may emerge with innovative solutions that could disrupt the market. Additionally, partnerships and business strategies can also play a significant role in shaping the competitive landscape. While it may be challenging for a new player to reach PayPal's level of popularity in the near term, it's not entirely impossible.

There are several notable PayPal competitors in the online payment market. Some of them include:

1. Stripe: Stripe is a widely used online payment processor that focuses on providing robust payment infrastructure and developer-friendly tools.

2. Square: Square offers a range of payment solutions, including hardware devices for in-person payments as well as online payment processing services.

3. Venmo: Owned by PayPal itself, Venmo has gained popularity as a peer-to-peer payment platform that allows users to easily send money to friends and family.

4. Google Pay: Google Pay allows users to make payments using their smartphones, offering a convenient and secure mobile payment experience.

5. Apple Pay: Apple Pay is a mobile payment and digital wallet service offered by Apple, which enables users to make payments with their iPhones or other Apple devices.
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Lishmalinyjames

The top 10 competitors in PayPal's competitive set are WePay, 2Checkout, Authorize.Net, Skrill, Intuit, ProPay, Dwolla, Braintree, Stripe, Payoneer.