Hello everyone,
I’m living in Germany and looking for a good PayPal alternative. I mainly need it for:
- Sending money to friends
- Paying online, especially to small vendors
- Ordering food and everyday purchases
I’ve heard about Bunq, Klarna, Revolut, and N26, but I’m not sure which one would be best for my needs. Has anyone had experience with these services in Germany? Which would you recommend and why?
Thanks in advance!
Revolut is great, but more like a banking servive than a payment service. You’ll get virtual credit card details that you can use to pay, just like with regular credit cards. Haven’t used N26, but I think they’re similar from what I’ve heard…
Klarna is widely used, but I heard they can be quite predatory and make it very easy to make debt, which they then use to squeeze hella fees from you until you paid everything off.
No idea about Bunq.
I just want to give a quick shout out to the GNU Taler project. It may not be usable yet, but the initiative is commendable and they are funded by the European commission.
Well I use Revolut and even get my salary paid on it so I’d say its good. Bunq is a stay away thing, too dangerous. Klarna is very bad with their buy now pay later stuff putting people in debt, N26 is more expensive than Revolut iirc so I didn’t try it.
Do take in mind all of these still use Visa/Mastercard for payments which is american
For friends i use SEPA, for the rest i just use my debit card
If i wanted to add a layer, i could add a rechargeable card to my bank account
Digital euro is slowly coming anyway
