3. Moneybookers

Moneybookers, has close to 3.6 million users, allows you to send and receive payments from around the globe. Moneybookers is extensively known as a substitute to PayPal which is also more international-friendly unlike other providers. Its rates are actually cheaper than that of PayPal and that is the reason why most of the people use this site. Receiving money is free and sending money is 1 percent of the total amount sent from one person to other.  You can even withdraw funds by check or access directly to your bank account. Buyers or payers have a great flexible option here along with protection applying practical conditions.

4. Walmart

Walmart is a retail giant that has been steadily adding financial services to its superstores over the last few years, alongside selling everything from international remittances to check cashing to bill pay and money transfers. But the most new contributions of Walmart is Bluebird, a prepaid debit card launched in partnership with American Express, should keep Walmart on banks' radar since the card, though lacking FDIC insurance, is being marketed as an alternative to their debit and checking accounts products.

"They know how to bank the under banked," a demographic financial institutions "don't pay a lot of attention to," said Mary T. Monahan, Executive Vice President and research director for mobile at Javelin Strategy & Research.

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