What users are saying about
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Top Rated
52 Ratings
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20 Ratings

Payoneer

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Top Rated
52 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8 out of 100

Skrill

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20 Ratings
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Score 8.2 out of 100

Attribute Ratings

  • Payoneer is rated higher in 1 area: Likelihood to Renew
  • Skrill is rated higher in 1 area: Likelihood to Recommend

Likelihood to Recommend

7.4

Payoneer

74%
25 Ratings
8.0

Skrill

80%
10 Ratings

Likelihood to Renew

10.0

Payoneer

100%
1 Rating
6.0

Skrill

60%
1 Rating

Support Rating

10.0

Payoneer

100%
1 Rating

Skrill

N/A
0 Ratings

Likelihood to Recommend

Payoneer

Payoneer is well suited for freelancers whether or not they work on marketplaces. as it makes it easier to receive payments from clients abroad. More over it also takes a lot of hassle out of getting paid from international clients as well as sending cross border payments. It has some what limited implementation in e commerce type business especially where you need to automate the payment process
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Paysafe

Skrill is my preferred way of doing money transactions abroad typically when I need a safe secured and efficient way of sending money overseas and the amount is low. Most other portals tend to charge a transfer fee for lower amounts but Skrill does not charge a transaction fee when I use the ACH Transfer even for lower amounts. For personal use, I have used the debit card to fuel transactions and it allows you the same facility as the debit card. If I need to complete the transaction within a day and want the money to be available in the receiving account overseas the same day, I prefer another portal that has the option of express service that Skrill does not offer.
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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.
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Paysafe

  • It is a global payment processor that accepts payments from all around the world.
  • Because of the high security requirements for signing in, no one can readily access the account.
  • Real-Time Payments - Payment Gateway
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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.
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Paysafe

  • Skrill's UI can be bloated and slow sometimes, and overcomplicated
  • There are some issues with localization and language, some concepts didn't see to be translated properly
  • What an e-wallet is, is not super clear to potential users
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Pricing Details

Payoneer

Starting Price

Editions & Modules

Payoneer editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Skrill

    Starting Price

    Editions & Modules

    Skrill editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      Payoneer

      Payoneer helps me a lot on my online business journey, it gave me the support and functions that I want.
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      Paysafe

      We ended up using Tipalti which seems to have solved our specific needs better, though it is more expensive.
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      Support Rating

      Payoneer

      I gave Payoneer these ratings because of it reliability and the support that it users get from it. Payoneer support literally every country and has low charge of international transactions which is very helpful to new online marketers.
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      Paysafe

      No answers on this topic

      Alternatives Considered

      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 allow using several payment methods, and any payment gateway, the problem is they don't have any bank accounts associated with them, therefore they are more limited in that regard. Both use a card as the main withdrawal method, and both support international currencies, but there as I mentioned there isn't any bank account associated with them, nor there is a way to connect them to Stripe.
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      Paysafe

      I have not used a similar payment method in our company with the same features as Skrill. Our company position with Skrill has been great, and all-cash transaction demands have been met positively. We selected it as the main method of payment due to its flexibility and lower transaction fees, which has saved us a lot of costs. The system updates all payment history to ensure that there is a reference in case of any dispute.
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      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.
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      Paysafe

      • I can quickly deposit my international multi-currency account without making an expensive wire transfer, with no border restriction as long as I have the mobile app with me.
      • Skrill is very convenient for each transfer amount up to EURO 2,500, and EURO 15,000/monthly.
      • Possibility of hiring freelancers for my company with immediate payments.
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