Currencycloud vs PayPal Invoicing
| Currencycloud | PayPal Invoicing | |
|---|---|---|
| Free plan | Yes | |
| Paid from | Free | |
| Platforms | api, Web | Web, iOS, Android |
| Local payment methods | Swift, local domestic payments, SEPA, ACH, Faster Payments, RTP, Fedwire, CHIPS | PayPal, Venmo, credit and debit cards, digital wallets, bank transfers, vouchers, buy now pay later, cryptocurrency |
| Supported currencies | 37 currencies | 130 |
| Local settlement | Yes | |
| FX handling | conversion | |
| Payout speed | same-day | |
| Merchant coverage | global | |
| Free plan | Yes | |
| Recurring payments | Yes | |
| Recurring invoices | Yes | |
| Online payments | Yes | |
| Payment reminders | Yes | |
| Multi-currency invoicing | Yes | |
| Reader required | No | |
| Tap to Pay | Yes | |
| Offline payments | No | |
| Payout timing | instant | |
| Payment methods | credit cards, debit cards, gift cards, contactless cards, digital wallets, PayPal, Venmo QR codes | |
| Recipient methods | Email, SMS, messaging apps, social media, and QR code | |
| Transfer speed | Often within one day of receiving an invoice | |
| Mobile platforms | Desktop, mobile device, and PayPal app | |
| Marketplace payments | Yes | |
| API and SDK coverage | api_and_sdk | |
| Inventory management | Yes | |
| Offline mode | No | |
| Employee permissions | Yes | |
| Hardware support | proprietary | |
| Multi-location support | Yes | |
| Sales reporting | Yes |
Listed together in Best Cross-Border Payment Platforms