Software Alternatives, Accelerators & Startups

PayPal VS Adyen

Compare PayPal VS Adyen and see what are their differences

PayPal logo PayPal

PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Adyen logo Adyen

One integration allows businesses to accept 250 payment methods, from wherever people pay
  • PayPal Landing page
    Landing page //
    2023-10-20
  • Adyen Landing page
    Landing page //
    2023-03-16

PayPal features and specs

  • Widely Accepted
    PayPal is accepted by millions of merchants around the globe, making it easy to make transactions almost anywhere.
  • User-Friendly
    The platform has an intuitive and easy-to-navigate interface, simplifying the process of sending and receiving money.
  • Security Features
    PayPal offers robust security features such as encryption, fraud prevention, and two-factor authentication to protect users' financial information.
  • Buyer Protection
    PayPal offers buyer protection for eligible purchases, providing a safety net in case items are not as described or not received.
  • Global Transactions
    PayPal supports multiple currencies and allows for international transactions, which is beneficial for global business.
  • Integration with eBay
    PayPal integrates seamlessly with eBay, making it convenient for users who frequently buy and sell on the platform.

Possible disadvantages of PayPal

  • Fees
    PayPal charges fees for certain transactions, including receiving payments for goods and services, which can add up for frequent users.
  • Account Freezing
    PayPal has been known to freeze accounts if there is suspicious activity, which can be inconvenient and problematic for users.
  • Customer Service
    Some users report issues with PayPal's customer service, citing long response times and difficulty resolving disputes.
  • Exchange Rates
    PayPal's currency conversion rates are often less favorable compared to what you might get at a bank or through a dedicated currency exchange service.
  • Transaction Limits
    PayPal imposes limits on transaction amounts for unverified accounts, which can restrict the ability to send or receive large sums of money.
  • Privacy Concerns
    Some users have raised concerns about PayPal's data privacy practices and how their information is shared with third parties.

Adyen features and specs

  • Global Reach
    Adyen supports businesses in multiple countries and currencies, which is ideal for global operations.
  • Unified Platform
    It offers a single platform for processing online, in-store, and mobile payments, streamlining operations.
  • Comprehensive Payment Methods
    Supports a wide variety of payment methods including credit cards, bank transfers, and digital wallets.
  • Advanced Fraud Protection
    Provides robust fraud detection and prevention tools to safeguard transactions.
  • Seamless Integration
    Offers easy integration with popular e-commerce platforms, custom APIs, and point-of-sale systems.
  • Detailed Reporting
    Provides in-depth reporting and analytics tools to help businesses understand and manage payments.

Possible disadvantages of Adyen

  • Complex Pricing
    Adyenโ€™s pricing model can be complex and may not be as straightforward as other payment processors.
  • High Minimums
    May require high minimum monthly transaction volumes, making it less suitable for smaller businesses.
  • Limited Customer Support
    Customer support hours and response times can be less adequate compared to some competitors.
  • Steeper Learning Curve
    The comprehensive features and advanced tools may result in a steeper learning curve for new users.

Analysis of PayPal

Overall verdict

  • PayPal is generally considered a good option for online transactions due to its established reputation, security features, and ease of use. However, some users may experience issues related to customer service, account freezes, or fees, which can impact their experience.

Why this product is good

  • PayPal is a widely recognized and used online payment platform, offering a secure and convenient way to send and receive money. It provides numerous features such as buyer protection, fraud detection, and ease of integration for businesses. Its wide acceptance by online merchants and compatibility with numerous currencies enhance its appeal.

Recommended for

  • Individuals looking for a secure way to make online purchases.
  • Freelancers or small businesses needing a simple payment solution.
  • Online merchants who wish to offer their customers a popular and trusted payment method.
  • International users who need to transact in multiple currencies.

Analysis of Adyen

Overall verdict

  • Adyen is considered a good choice for businesses seeking a comprehensive, scalable, and secure payment solution. Its reputation is anchored in its ability to handle a wide range of payment methods and currencies, making it particularly suitable for businesses with international operations.

Why this product is good

  • Adyen is a well-regarded payment platform known for its robust global payment processing capabilities. It provides services to numerous high-profile clients, ensuring reliable and secure transactions. The platform is praised for its seamless integration, comprehensive payment options, and advanced fraud management features. It also offers detailed analytics and reporting tools, which assist businesses in optimizing their payment processes.

Recommended for

    Adyen is recommended for large enterprises and businesses with complex payment needs. It is particularly beneficial for those looking to expand internationally due to its extensive geographical coverage and capability to process multiple currencies. E-commerce platforms, retail businesses, and any organization requiring efficient and customizable payment processing solutions may find significant value in Adyen's offerings.

PayPal videos

STOP Using PayPal - 5 Reasons You Should Stop Using PayPal in Your Business or On Your Website!

More videos:

  • Review - Why I No Longer Use PayPal ยท Selling AND Buying
  • Review - is PayPal Credit a Scam | 6 Month Interest Free

Adyen videos

Overview of PayPal, Stripe, and Adyen Payment Technology Companies

More videos:

  • Review - Everything Wrong with Adyen for eBay (and everything good about it)!
  • Review - Adyen: Payments as a catalyst for Digital Transformation

Category Popularity

0-100% (relative to PayPal and Adyen)
Online Payments
91 91%
9% 9
Payment Platform
93 93%
7% 7
Recurring Billing
100 100%
0% 0
Payment Gateways
0 0%
100% 100

User comments

Share your experience with using PayPal and Adyen. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare PayPal and Adyen

PayPal Reviews

  1. PayPal is cool

    I like PayPal, it has a high security standard. Except when I am the one suffering a chargeback for some flimsy reasons.


Top 5 Payoneer Alternatives [2024]
The best payment method for freelancers varies based on individual needs. Wise and Revolut are excellent for their multi-currency account features and using the mid-market exchange rate, while PayPal is globally accepted and offers instant transfers to other PayPal accounts. Freelancers should consider factors such as transfer speed, fees and currency support when choosing a...
Source: www.exiap.com
Top 5 Payoneer Alternatives for Seamless Online Transactions
PayPal excels in user familiarity and widespread acceptance, making it convenient for both businesses and customers. It offers buyer and seller protection, but comes with potentially higher fees and account limitations compared to Payoneer. Choose PayPal for convenience and buyer trust, Payoneer for potentially lower fees and specialized features.
Source: www.doola.com
What to Use Instead of PayPal? 10 Best PayPal Alternatives
Braintree is a PayPal service, but it is still one of the PayPal alternative payment methods worth considering. There is no monthly fee for using this payment service. Accepting payments from credit or debit cards or digital wallets costs 2.59% + $0.49 per transaction. You can also use Braintree to accept Venmo payments in the United States, but this costs 3.49% + $0.49....
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
PayPal provides 24/7 secure transactions of both fiat and cryptocurrencies to its users. Even though it was initially an online payment platform, PayPal added a crypto payment feature in 2020. Its crypto wallet also allows users to directly buy and store cryptocurrencies. PayPal doesnโ€™t charge extra fees for making crypto payments.
Source: coingape.com
The 6 best online payment processing services in 2024
What happens on the customer side? When they visit your website, they'll see the button you've configured. They can then choose to pay with their PayPal balance or any saved payment method on their PayPal account. If they don't have PayPal, they can check out by entering their credit card details (all data is handled securely by PayPal in both cases). Added security measures...
Source: zapier.com

Adyen Reviews

Best payment gateway: Top 7 best payment gateways
Adyen is a popular option for doing business on an international scale. Adyen comes with no set up or monthly fees, and you can choose when and in which currency you want to settle.
Source: wise.com

Social recommendations and mentions

Based on our record, PayPal seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

PayPal mentions (1)

  • Trying to activate PayPal just brings me to PayPal's website.
    (I live in USA) When I go to payments under my shopify account to add paypal as a payment method I am having trouble doing so. I first click activate paypal > activate paypal express checkout which directs me to a "security challenge" (confirm I am not a robot). Then it just brings me to paypals website (paypal.com/us/home). When I sign in nothing happens, I am just on my paypal homescreen. Source: over 2 years ago

Adyen mentions (0)

We have not tracked any mentions of Adyen yet. Tracking of Adyen recommendations started around Mar 2021.

What are some alternatives?

When comparing PayPal and Adyen, you can also consider the following products

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripeโ€™s payment platform to accept and process payments online for easy-to-use commerce solutions.

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

PayPal Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Neolink.io - White-label acquiring platform to launch and scale payment businesses.

Skrill - Skrill (formerly known as Moneybookers) is the cheaper way to send and receive money worldwide.