PayPal vs Placid - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like PayPal and Placid have emerged as leading choices. Both PayPal and Placid online platforms offer efficient and cost-effective and secure international money transfers from PayPal and Placid.

We compare PayPal vs Placid into the unique features and benefits that distinguish PayPal vs Placid, empowering you to make an informed decision based on your specific transfer needs like PayPal vs Placid fees, currencies available, available payment methods on PayPal compared to Placid, support options offered by PayPal vs Placid, speed and more.

PayPal vs Placid: Quick Feature Comparison

  1. Visit PayPal alternative PayPal Visit PayPal

    Used By: 295000000
    Currencies Available: 25
    Transfer Fees: 2.9%+0.30 EUR
    Payment Methods: Bank transfer, P2P mobile payment
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: None
    Max Transfer: US$60,000.00 (varies)
    Year Founded: 1998

  2. Visit PayPal alternative Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

PayPal vs Placid: Pros and Cons

PayPal vs Placid
Advantages

PayPal Advantages Placid Advantages
  • PayPal has been serving clients for over 26 years
  • PayPal is available internationally.
  • PayPal has multiple currency options.
  • PayPal provides phone customer support.
  • PayPal provides email customer support.
  • PayPal is available to iOS Apple device users.
  • PayPal is available to Android mobile device users.
  • Placid has been in operation for over 129 years.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

PayPal vs Placid
Disadvantages

PayPal Disadvantages Placid Disadvantages
  • PayPal has no PayPal support.
  • PayPal has no Neteller payments support.
  • PayPal has no Skrill payment support.
  • PayPal does have a mobile digital wallet like some others.
  • No home delivery with PayPal.
  • No cash pickups with PayPal.
  • No money order support with PayPal.
  • No live chat support with PayPal.
  • Placid has no PayPal option.
  • Placid has no Neteller option.
  • Placid has no Skrill option.
  • No digital wallets with Placid.
  • No Placid home delivery.
  • No Placid Cash pickups.
  • No Placid money order option.
  • No Placid Livechat.

PayPal vs Placid Fees and Other Costs

Fee type PayPal Fees Placid Fees
Transfer Fees 2.9%+0.30 EUR none
Min Transfer None none
Max Transfer US$60,000.00 (varies) 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods Bank transfer, P2P mobile payment debit ard, credit card, placid express
Currencies AUD, BRL, CAD, CNY, CZK, DKK, EUR, HKD, HUF, ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, GBP, RUB, SGD, SEK, CHF, THB, USD BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

PayPal vs Placid Restricted Countries

PayPal Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Placid Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

PayPal vs Placid Transfer Speeds

Transfer Speed PayPal Placid
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

PayPal vs Placid Languages

PayPal Supported Languages

All major languages

Placid Supported Languages

PayPal vs Placid Verdict - Which is better?

Which is best out of PayPal and Placid depends on your needs.

  • PayPal vs Placid Transfer Fees: Transferring money with PayPal costs 2.9%+0.30 EUR while Placid charges none.
  • PayPal vs Placid Supported Currencies: PayPal deals in over 1, where as Placid offers transactions in 1.
  • PayPal vs Placid Payment Methods: PayPal accepts Bank transfer, P2P mobile payment, while Placid allows transactions via debit ard, credit card, placid express.
  • PayPal vs Placid Transfer Limits: PayPal allows transfers between None and US$60,000.00 (varies). Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • PayPal vs Placid Minimum Age for Account Creation: PayPal requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach PayPal at 1800 419 9833 and Placid at 1-718-392-3500.
  • PayPal vs Placid Countries of Operation: PayPal operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • PayPal vs Placid Client Base: PayPal is used by 295,000,000, where as Placid serves 500,000.
  • PayPal vs Placid Year Founded: PayPal was established in 1998 and Placid began its operations in 1895.
  • PayPal vs Placid Customer Rating: PayPal holds a rating of 3, in contrast, Placid has a rating of 3.
  • PayPal vs Placid Headquarters: PayPal has its headquarters at San Francisco (US), while Placid is based at New York, US.
  • PayPal vs Placid Employee Count: PayPal employs 320 individuals, where as Placid has a team of 250.
  • PayPal vs Placid Estimated Annual Turnover: PayPal turnover stands at 25 Billion USD, while Placid boasts a turnover of 20,000,000 USD.
  • PayPal vs Placid Founder: PayPal was founded by Sameera Rao, holding the position of VP and Head of Technology. On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • PayPal vs Placid Supported Languages: PayPal offers support in over 1 languages. Placid communicates in 1.

We list reviews for the best PayPal vs Placid related money services below.

PayPal vs Placid Alternatives Guides

If you would like to see some of the best PayPal vs Placid related services compared against their best PayPal vs Placid alternatives available right now. Learn more about PayPal vs Placid alternatives by clicking on the links below.



Screenshots

PayPal Screenshot

PayPal Screenshot

Placid Screenshot

PayPal Screenshot