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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Payoneer

    Score8 out of 10
    N/APayoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.N/A
    Pricing
    Payoneer
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    Payoneer
    Free Trial
    No
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    No
    Entry-level Setup FeeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    Payoneer
    Considered Both Products
    Payoneer
    Chose Payoneer
    I usually use direct transfers between bank accounts, Zelle, wire funds, credit cards, and paper checks as a last resort. In my experience, even mailing of paper checks would be many times faster and more convenient than using Payoneer.
    Incentivized
    Chose Payoneer
    I have used all of them successfully for years without "violating their terms". Payoneer is throwing business away for no reason at all.
    Incentivized
    Chose Payoneer
    being accepted as a withdrawal method on freelance websites
    Incentivized
    Chose Payoneer
    Way better.
    Incentivized
    Chose Payoneer
    Payoneer is simpler, offers more advantages when withdrawing income and is linked to the best markets. In addition, I can withdraw the money regardless of the currency deposited at the best exchange rate in the market. They offer very competitive commission rates and a debit …
    Incentivized
    Chose Payoneer
    The Payoneer is very easy to use. All conditions are simply and clearly described.
    Incentivized
    Chose Payoneer
    Before Payoneer, I used Paxum, a Canadian product, that was or is similar but more expensive. Also used Payza(later Ecopayz), and European alternative, they have their ups and downs, they aren't even listed in the Search above, basically they are both payment gateways that …
    Incentivized
    Chose Payoneer
    Payoneer supports more geographies than many of the other leading payment solutions. Additionally, their fees are very low, and don’t require a minimum monthly volume or a subscription package. Where Payoneer falls short is that it’s slow (compared to something like PayPal), …
    Incentivized
    Chose Payoneer
    Paypal is more common but transaction fees and overall time spent waiting for some transfers if the other person doesn't have paypal or has not used it in a while is a plus for Payoneer.

    Less hassle and more options related to types of transactions and places to process …
    Incentivized
    Chose Payoneer
    Payoneer has outperformed them all, with speedier payments, a larger network, and international business accounts. We first tried a few different payment service providers before settling on this one, like PayPal, Payeer, and Skrill. But after all these years, Payoneer …
    Incentivized
    Chose Payoneer
    I chose Payoneer over the competition because of the low transaction fees and the ease of receiving money from customers anywhere in the world, and then being able to withdraw it without using intermediaries, directly to my bank account and into my local currency.
    Incentivized
    Chose Payoneer
    When I used TransferWise I needed to add my Payoneer banking info. Therefore, even though I used this I still needed to use Payoneer. TransferWise limits the countries that they send cards to. It would have been easier to use and it would have removed the need to use Payoneer …
    Incentivized
    Chose Payoneer
    As compared to PayPal, Payoneer has nominal exchange rates. Secondly, it is more popular in developing countries than PaPpal which ultimately helps us in doing business in those countries. Thirdly, the transaction fee that Payoneer deducts is less as compared to PayPal which I …
    Incentivized
    Chose Payoneer
    I selected Payoneer as the fees they have deducted are less and also the exchange rate is better. Also, from time to time I get updates or notifications about the whereabouts of my money. Though there is a limit to receiving money in a single transaction using this tool, it's …
    Incentivized
    Chose Payoneer
    I would say they are both similar platforms, however, TransferWise has cheaper transfer fees. I also like TransferWise's user interface better. I use both platforms for different purposes and I am happy with both platforms. Having two platforms give me more flexibility …
    Incentivized
    Chose Payoneer
    Through Payoneer's payment solution, it is easy to send funds to numerous countries across the globe. Payoneer will help pay people from more than 85 countries around the world. One of the things I love about Payoneer is the simplicity that they offer.
    Incentivized
    Chose Payoneer
    Payoneer stacks the lowest and I wish that there were better options to use when working with companies abroad
    Incentivized
    Chose Payoneer
    Payoneer is much more secure than any other transaction system. Transaction charges are affordable, but there is no other hidden cost to receive or make international payments. Its exchange rates are almost equal to the marketplace. Moreover, their Customer Support Team is well …
    Incentivized
    Chose Payoneer
    Before using Payoneer I had to rely on PayPal Payments but I have to face many troubles. The interface is very unique, it is simple to use with an eye-catching and intuitive design, which helps in navigating things easily for the new user too. The platform also offers to …
    Incentivized
    Chose Payoneer
    Payoneer is good for 3rd party sources when working with multiple companies. I like using PayPal Payments for when I'm charging a client individually and simply. Payoneer is best for reoccurring business with an entities like collecting from radio, online ads, commercials, …
    Incentivized
    Chose Payoneer
    PayPal is accepted by country but I can only send out funds, no receiving. With Payoneer you can send and receive funds, it also has a free credit card that can be delivered to your door step.
    Incentivized
    Key User Insights
    Would buy again
    59%
    Would buy again
    17 Answers
    Delivers good value for the price
    64%
    Delivers good value for the price
    16 Answers
    Happy with the feature set
    59%
    Happy with the feature set
    17 Answers
    Lived up to sales and marketing promises
    48%
    Lived up to sales and marketing promises
    13 Answers
    Implementation went as expected
    57%
    Implementation went as expected
    16 Answers
    Features
    Payoneer
    Payment Gateways
    Comparison of Payment Gateways features of Payoneer
    Feature
    Payoneer
    1.3
    9 Ratings
    140% below category average
    Fraud Detection2.38 Ratings
    API or SDK1.04 Ratings
    Recurring Payment Support1.16 Ratings
    Billing and Invoicing Support1.09 Ratings
    Global Support1.19 Ratings
    Payment Form Acceptance1.08 Ratings
    Best Alternatives
    Payoneer
    Small Businesses
    Apple Pay
    Score9.1 out of 10
    Medium-sized Companies
    Amazon Pay
    Score9.5 out of 10
    Enterprises
    Checkout.com
    Score10 out of 10
    All AlternativesView all alternatives
    User Ratings
    Payoneer
    Likelihood to Recommend
    1.0
    (29 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    Support Rating
    1.0
    (2 ratings)
    User Testimonials
    Payoneer
    Likelihood to Recommend
    Payoneer
    Although the withdrawal is limited to the ACH US accounts, as they aren't real bank accounts, it's a convenient way to get paid fast from Stripe, although if there is a small fee or a chargeback as these are way in payments only, it becomes a nightmare to fix those problems. It does allow the bank accounts to be accepted with Stripe. For any kind of ACH payment to vendors, the service is way too limited, I wasn't able to pay anyone, unless I use the card to do it, as any regular card. In my experience, I think Import export, international trade transactions or high ticket items are impossible due to the small upper limits, for instance I can't use it to pay a vendor for a regular inventory of the latest iPhones(more than a million dollars for just a few items), nor to get paid by an overseas buyer(for instance my clients in Dubai), that buy these items on a daily basis, for these operations is just not suited.
    Incentivized
    Read full review
    Pros
    Payoneer
    • It is very well accepted world wide and also accepts more than 150 currencies.
    • A decent and nominal exchange rates of currency as compared to similar platforms like PayPal.
    • I can keep track of all the transactions, payments, balance, etc using Payoneer.
    • It is because of Payoneer we can grow our business globally.
    Incentivized
    Read full review
    Cons
    Payoneer
    • The process of getting payment is a little bit complex in Payoneer as compared to PayPal.
    • Receiving of payments takes a very long time and it's not instant.
    • The customer service of Payoneer is not up to the mark and it takes a very long time to resolve simple issues.
    Incentivized
    Read full review
    Likelihood to Renew
    Payoneer
    Payoneer helps me a lot on my online business journey, it gave me the support and functions that I want.
    Incentivized
    Read full review
    Support Rating
    Payoneer
    The support is really awful. They send you generic answers, and actually don't really understand what is going on. For example, when our re-verification was stuck, support agents told me that the account is active and you can send a payment. I did that, my card was charged, but the payment was declined, because the account was not active
    Read full review
    Alternatives Considered
    Payoneer
    Payoneer has outperformed them all, with speedier payments, a larger network, and international business accounts. We first tried a few different payment service providers before settling on this one, like PayPal, Payeer, and Skrill. But after all these years, Payoneer continues to provide us with the best services, features, and safety overall.
    Incentivized
    Read full review
    Return on Investment
    Payoneer
    • I can receive the money from anywhere around the world, and in any currency.
    • It converts the money directly into my local currency, hence becomes easy for us to track and withdraw money from our bank accounts.
    • Sometimes customer support lacks the ability to satisfy the customer requirements.
    • Required to make two different accounts for receiving and sending money.
    Incentivized
    Read full review
    ScreenShots