Sustainable Substitutes for Big Tech Online Payment Services

Alternatives to PayPal, focusing on ethical, transparent, and sustainable solutions.

  • Feasibility: How easily can the average user switch to this substitute? Higher feasibility results in a higher ranking.
  • Editor's Rating: How sustainable is the substitute? The more sustainability attributes it fulfils, the higher it is ranked.
wero logo

Wero

A European online payment service focusing on sustainability and transparency.

Wero is (currently) ad-free, ensuring a cleaner and more private user experience.
Wero is governed by European banks and operates under EU regulations, ensuring compliance with GDPR and European financial standards.
Wero adheres to strict European data protection laws.
Wero is free for users to use for basic transactions, though merchants may incur standard payment processing fees.
Wero is built on the SEPA infrastructure, reducing environmental impact compared to traditional card networks.
Website

Klarna

A global payments provider from Sweden, best known for its BNPL services.

Klarna aims to decarbonise its entire value chain by 2040. Though, it has to be said that they try to achieve it with a internal carbon fee and support for innovative climate solutions. Its recent investments in AI solutions also make these goals questionable.
Klarna allocates a portion of its funding to climate initiatives.
Klarna is headquartered in Sweden, which should ensure compliance with GDPR and European privacy and labor regulations.
Website

How to move away from Big Tech Online Payment Services

Here's a guide on how to easily get away from PayPal.

When migrating to a new payment service, inform your contacts, clients, or collaborators about the switch. Explain your reasons for moving (whether for better privacy, lower fees, or ethical considerations) and provide clear instructions on how they can send or receive payments through your new provider. If you use the service for business, don't forget to update your invoices, website, and payment links to reflect the change.