Best Alternative for PayPal in Tanzania in 2023

What is the best alternative for PayPal in Tanzania? that is the question a lot of freelancers, bloggers, and business owners who are struggling to receive payments always ask.

If you’re a Tanzanian entrepreneur, business owner, or freelancer who works with clients in other countries, how do you get paid?

In many countries, PayPal is the most convenient way to accept money. However, this is not the case in Tanzania.

We still have hopes and expectations that this will happen someday.

There have been a lot of campaigns and a petition established by a group of bloggers and freelancers a few years ago which garnered over 8,000 signatures.

Yes! we still have hope. And thanks to the Tanzanian Startup Association for promising to bring PayPal to Tanzania.

Currently, there is no way to accept PayPal payments in Tanzania. This functionality is disabled. 

If you open a PayPal account in Tanzania, you will be allowed to send but not receive payments.

So, what is the solution in the meantime as the alternative for PayPal in Tanzania?

Best Alternative for PayPal in Tanzania

The Best Alternative for PayPal in Tanzania

So, if you’ve ever wondered, “Can I use something other than PayPal?” we’ve got you covered.

In this post, you’ll learn about the finest PayPal alternatives to help you decide which one is right for you and your business.

Take a closer look at these best Paypal alternatives and choose the one that makes the most sense for your clients/customers and your business.

 

Payoneer is an easy way to receive your payments
Payoneer

 

1. Payoneer

 

As a freelancer, Payoneer is an easy way to receive your payments for us whose countries PayPal is not supported to receive payments and make withdrawals. Payoneer helps freelancers get paid quickly and securely.

 

This PayPal alternative focuses on market sectors such as eCommerce, online advertising, freelancing, and vacation rentals.

 

Payoneer provides a debit card to go with their online account so that you can withdraw funds from your bank or ATMs worldwide.

 

The good

  • Quick and easy account set up
  • Seamless and straightforward transactions
  • Used around the globe
  • It is supported by major freelance platforms like Upwork and Fiverr

 

The bad

  • High fixed account maintenance and ATM withdrawal rates
  • Fees involved in bank account transfers unlike similar services where this is free
  • Hit and miss customer service
  • Overall, it is a reasonably reliable payment system used in any country globally, but you will need to come to terms with relatively steep rates compared with similar options.
 

 

2. Wise (formerly TransferWise)

 

TransferWise dubs itself “a cheaper way to send money internationally” and is a fantastic PayPal alternative if you make many international transfers.

 

Besides receiving online payments, you can also pay for a bank card to use your money directly.

 

Wise (formerly TransferWise)
Wise

The good

  • Automatically deposits to an outside bank
  • Accept payments from all over the world
  • Mobile payments

 

The bad

  • You will have to wait for a week after a transaction to collect your funds
  • Requires some programming skills
  • Only available for merchants in the US, Canada, UK, Australia, and Ireland

 

It is a good and well-priced option for those based in a few selected countries.

 

 Claim your first free transaction on TransferWise

 

 

Skrill Payment
Skrill

 3. Skrill

 

Formerly known as Moneybookers, Skrill provides you with an online account that is relatively quick to set up and easy to use. You can send money to other users, receive payments, buy items online, and send you a prepaid debit card that you can use for payments stores or ATM withdrawals.

 

The good

  • It’s fast and easy to set up an account
  • You can use it anywhere in the world
  • Works with several major currencies
  • Has a reasonable flat fee for transfers (1% and limited to 10 euros max)
  • It’s fairly secure

 

The bad

  • Stringent fraud prevention policies can cause problems like freezing accounts
  • Poor customer service makes it challenging to resolve issues quickly

 

 

As long as you aren’t one of the few unlucky people who experience a problem and have to deal with their lackluster customer service, Skrill is an excellent online and offline payment method.

 

 

Cryptocurrency via Binance Pay
Binance Pay

 

4. Cryptocurrency via Binance Pay.

 

Binance Pay is a cryptocurrency-based PayPal alternative used for P2P payments and taking online payments as a freelancer. Clients can pay using stablecoins, BNB coins, BTC, and various other digital currencies.

 

All you’ll need is your Binance wallet to get started.

 

You’ll need a Binance account with full KYC to access Binance pay.

 

If you already have a Binance account, go to your profile page and select Binance pay to start setting up your payment account for accepting payments and transferring P2P payments like PayPal.

 

 Create a Binance Pay account

 

 

5. Stella XLM via GetPaid Africa

 

Register with GetPaid Africa and start receiving payments from anywhere in the world. Your GetPaid wallet will help you obtain your gigs payments from your clients all over the globe in stellar xlm coins and withdraw directly to your bank account or mobile money anywhere in Tanzania.

 

 

NALA Money

 

6. NALA Money

 

Nala money is a new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.

However, it’s only a great option if you have clients from Uk. But, according to NALA CEO, they are planning to expand to USA and Europe soon.

 

PayPal alternative

 

In conclusion: The alternatives for Paypal in Tanzania

PayPal has its advantages and disadvantages, but there are lots of excellent alternatives to explore. Many of these have reduced fees or features that are better suited to a certain need.

Best Alternative for PayPal in Tanzania – FAQ

Does Tanzania allow PayPal?

There is no way for a business or an individual in Tanzania to use PayPal to get paid. This feature is turned off. If your PayPal account is registered in Tanzania, you can only send money, not receive it.

Disclosure:
Some of the links in this article may be affiliate links, which can provide compensation to me at no cost to you if you decide to join and purchase a paid plan. These are products I’ve personally used and stand behind.