Payoneer vs. TSYS Payment Gateway

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Payoneer
Score 3.0 out of 10
N/A
Payoneer 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
TSYS Payment Gateway
Score 2.3 out of 10
N/A
TSYS headquartered in Columbus, Georgia offers as part of the company's merchant services a payment gateway, as well as other ancillary services.N/A
Pricing
PayoneerTSYS Payment Gateway
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PayoneerTSYS Payment Gateway
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Features
PayoneerTSYS Payment Gateway
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Payoneer
1.8
10 Ratings
104% below category average
TSYS Payment Gateway
1.0
1 Ratings
140% below category average
Fraud Detection3.49 Ratings00 Ratings
API or SDK1.55 Ratings00 Ratings
Recurring Payment Support1.87 Ratings1.01 Ratings
Billing and Invoicing Support1.510 Ratings00 Ratings
Global Support1.110 Ratings00 Ratings
Payment Form Acceptance1.89 Ratings00 Ratings
Best Alternatives
PayoneerTSYS Payment Gateway
Small Businesses
Apple Pay
Apple Pay
Score 9.1 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 9.1 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Enterprises
Adyen
Adyen
Score 8.8 out of 10
Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PayoneerTSYS Payment Gateway
Likelihood to Recommend
2.3
(32 ratings)
1.0
(4 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Support Rating
1.0
(2 ratings)
-
(0 ratings)
User Testimonials
PayoneerTSYS Payment Gateway
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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TSYS
None. This is the worst company I have ever worked with. We will never recommend or even think about doing business with them again.
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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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TSYS
  • Generates detailed reports
  • Allows for multiple users to access at one time
  • Easy to read statements
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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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TSYS
  • Stop taking away my ability to use debit cards
  • 7% is outrageous. I can't continue at this rate
  • In my opinion, the yearly fee is an obvious profit grab. Discontinue it.
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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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TSYS
No answers on this topic
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
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TSYS
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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TSYS
Clover and square were up front with all fees. [I think] TSYS will try to sell you their product saying medical credit card processing has to be HIPAA complaint. [I feel] [this] is [not] true. They will say they don't have a minimum processing fee. [I feel] [this] is also not true.
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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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TSYS
  • Positive impact on work flow- employees can quickly cross-reference reports to close out the day
  • TSYS can be expensive. We are considering alternatives as we continue to improve our practice.
  • More than one employee can be logged in at one time allowing for responsibilities to be shared to help with work flow and productivity.
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ScreenShots