PayPal alternatives →More Payments tools →74 free dev tools →
PayPal is a digital wallet app for payments, money transfers, rewards, savings, crypto and financing.
- for
- Consumers and merchants who need online, in-store and peer-to-peer payments.
- pricing
- free
Key features
- Tap-to-pay Debit Card — Use the PayPal Debit Card for contactless purchases in stores and earn rewards.
- PayPal Checkout — Pay online with PayPal, earn points and redeem rewards from partner brands.
- Pay in 4 & Pay Monthly — Interest-free or low-interest installment plans with no late fees.
- Cashback Mastercard — Earn 3% cash back on PayPal purchases and 1.5% on other Mastercard spend.
- PayPal Savings Account — Earn 3.75% APY on balances, FDIC-insured through Synchrony Bank.
- Crypto Buying & Selling — Buy, sell and transfer cryptocurrencies within the app with disclosed fees.
- Money-pooling — Create pools to collect money for group gifts or shared expenses.
- Send & Receive Money — Transfer funds instantly to anyone with a PayPal account or link.
Use cases
- Pay for groceries, rideshare or fuel and earn cash-back rewards.
- Split a group gift cost by creating a PayPal Pool.
- Finance a purchase over time with Pay in 4 or Pay Monthly.
- Earn interest on idle cash using the PayPal Savings account.
- Buy or sell cryptocurrency without leaving the PayPal app.
PayPal vs alternatives
 PayPal |  Stripe |  Polar |  Lemon Squeezy | |
|---|---|---|---|---|
| Best for | All-in-one digital wallet and checkout | Payments infrastructure for the internet | Open-source payments and billing | Payments, tax and subscriptions for software |
| Pricing | Free | Subscription | Subscription | Subscription |
| DevHunt upvotes | 0 | 0 | 0 | 0 |
| Launched | — | — | — | — |
- PayPal vs Stripe: Stripe provides developer-focused payment APIs, while PayPal is a consumer-oriented digital wallet.
- PayPal vs Polar: Polar is an open-source billing library for developers; PayPal is a hosted service with consumer features.
- PayPal vs Lemon Squeezy: Lemon Squeezy handles SaaS subscriptions and tax compliance, while PayPal covers broader consumer payments and rewards.
PayPal FAQ
Do I need a PayPal account to send money?+
Yes, an account with PayPal is required to send, receive or create a pool.
Is the PayPal Savings account FDIC insured?+
It is FDIC insured through Synchrony Bank, not PayPal itself.
What fees apply to crypto transactions?+
PayPal discloses an exchange rate spread and any transaction fees; see the crypto fees page for details.
Will using Pay in 4 affect my credit score?+
Pay in 4 uses a soft credit check that does not affect your credit score.
Can I earn cash back with the PayPal Debit Card?+
Yes, up to 5% back on monthly category spend (up to $1,000) and other offers from partner brands.
What is the interest rate for Pay Monthly?+
Fixed APR ranges from 0% to 35.99% depending on the purchase amount and credit approval.
Summarized by DevHunt from paypal.com · Nov 7, 2026. Details may change; check the official site.
About this listing
DevHunt lists PayPal because developers expect to find it next to the tools in its category. It did not launch on DevHunt. Work on PayPal? Message us to claim this listing.
