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PayPal VS Parallax

Compare PayPal VS Parallax and see what are their differences

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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

Parallax logo Parallax

Receive money as if you were abroad. Save big with best rates and lowest fees. Withdraw instantly.
  • PayPal Landing page
    Landing page //
    2023-10-20
Not present

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.

Parallax features and specs

No features have been listed yet.

PayPal videos

+ Add

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 · Selling AND Buying
  • Review - is PayPal Credit a Scam | 6 Month Interest Free

Parallax videos

+ Add

Neural DSP Parallax Multiband Distortion Review - Demo

More videos:

  • Review - Neural DSP: Parallax Review! // The BEST Bass Plugin Ever Made!
  • Review - Storm Parallax | Ball Reviews With Verity

Category Popularity

0-100% (relative to PayPal and Parallax)

PayPal

Parallax

Online Payments
99 99%
Online Payments
1% 1
Payment Platform
100 100%
Payment Platform
0% 0
International Money Transfers
0 0%
International Money Transfers
100% 100
Recurring Billing
100 100%
Recurring Billing
0% 0

User comments

Share your experience with using PayPal and Parallax. For example, how are they different and which one is better?
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Reviews

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

PayPal Reviews

  1. Sandra-G
    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....
Source: www.podium.com.au
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 doesn’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

Parallax Reviews

6 Cheaper Payoneer Alternatives for Your Online Transcations
Parallax is an emerging platform that allows you to move money faster and cheaper, simplifying international money transfers when you need it. By opting for Parallax, you can significantly reduce your transfer costs while enjoying reliable service.
Source: www.withparallax.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

Parallax mentions (0)

We have not tracked any mentions of Parallax yet. Tracking of Parallax recommendations started around Jun 2024.

What are some alternatives?

When comparing PayPal and Parallax, 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 Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Remitly - Send money online with Remitly faster with great exchange rates and low transfer fees. Special new customer offer! 100% Satisfaction Guarantee.

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

Revolut - The easiest, fastest way to save for your financial goals.

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.

Remitbee - RemitBee is a worldwide money transfer and mobile money company specialized in online money transfer. Its a convenient and user friendly service in which customers can send money online using their web browsers, tablets and mobile phones.

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