As someone who frequently uses online payment platforms, I know the importance of having reliable and accessible alternatives to PayPal, especially in Kenya. PayPal has been a go-to platform for many people for its convenience and security, but it’s not always the most accessible or affordable option. For this reason, I have compiled a list of alternative platforms you can use to send and receive money online in Kenya.
- Wise (formerly known as TransferWise)
- Skrill
- Payoneer
- Western Union
- WorldRemit
- Remitly
- Moneygram
- M-PESA Global
Alternatives to PayPal in Kenya
Below is a list of my favorite alternatives to PayPal in Kenya. The wonderful thing about most of them is that you can withdraw funds straight to your mobile wallet or a bank account.
1. Wise (formerly known as TransferWise)
Wise is a global platform that allows you to send and receive money internationally with minimal fees. It is known for its transparency and competitive exchange rates, making it a popular choice for freelancers and businesses. Wise also has a mobile app to manage your transactions on the go, and you can link your local bank account to it for seamless transfers.
Overall, Wise is my favorite alternative to PayPal. I have been receiving money straight to my bank account within 24 hours. If you would like to try their platform, SIGN UP FOR FREE.
2. Skrill
Skrill is another online payment platform that is widely used in Kenya. It allows you to send and receive money from anywhere in the world with low fees, and you can use it to pay for goods and services online. Skrill also has a prepaid card that you can use to withdraw money from ATMs or make purchases at stores that accept Mastercard.
3. Payoneer (One of the Best Alternatives to PayPal in Kenya)
Payoneer is a popular choice for freelancers and businesses needing payments from international clients. It allows you to receive money in multiple currencies and withdraw it to your local bank account or a prepaid Mastercard. Payoneer also has a mobile app that you can use to manage your transactions and track your payments.
4. Western Union
Western Union is a well-known platform that allows you to send and receive money globally. It has a wide network of agents and partners, which makes it easy to access in many countries, including Kenya. You can send money online or through a physical location, and the recipient can receive the funds in cash or directly to their bank account.
5. WorldRemit
WorldRemit is a digital platform that allows you to send money to over 150 countries, including Kenya. It has a user-friendly website and mobile app that you can use to send money quickly and easily. WorldRemit also offers competitive exchange rates and low fees, making it a popular choice for diaspora remittances.
6. Remitly
Remitly is also one of the best alternatives to PayPal in Kenya, which allows you to send money internationally. It has a user-friendly website and mobile app that you can use to send money to over 50 countries. Remitly offers competitive exchange rates and low fees, and you can track your transaction in real time.
7. Moneygram
Moneygram is a global platform that allows you to send and receive money online or through physical locations. It has a vast network of agents and partners, which makes it accessible in many countries, including Kenya. You can send money in cash or directly to a bank account, and the recipient can receive the funds in minutes.
8. M-PESA Global
M-PESA Global is a mobile payment platform that allows you to send and receive money internationally. It is a popular choice in Kenya because it is accessible, convenient, and allows you to transfer funds to mobile wallets, bank accounts, or physical locations. M-PESA Global also offers competitive exchange rates and low fees, making it an affordable option.
In Conclusion
There are many alternatives to PayPal that you can use to send and receive money online in Kenya. These platforms offer competitive rates, low fees, and accessibility, making them popular for freelancers, businesses, and individuals.
Whether you need to send money to family or friends or receive payments from clients, there is a platform on this list that will suit your needs.
