Payoneer vs. Zoho Finance Plus

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
Zoho Finance Plus
Score 8.0 out of 10
N/A
Zoho Finance Plus is an integrated accounting suite for small businesses, featuring invoice and AP / AR management, accounting, and billing management.N/A
Pricing
PayoneerZoho Finance Plus
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PayoneerZoho Finance Plus
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
PayoneerZoho Finance Plus
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Payoneer
1.8
10 Ratings
102% below category average
Zoho Finance Plus
-
Ratings
Fraud Detection3.49 Ratings00 Ratings
API or SDK1.55 Ratings00 Ratings
Recurring Payment Support1.87 Ratings00 Ratings
Billing and Invoicing Support1.510 Ratings00 Ratings
Global Support1.110 Ratings00 Ratings
Payment Form Acceptance1.89 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Payoneer
-
Ratings
Zoho Finance Plus
8.5
1 Ratings
6% above category average
Single sign-on capability00 Ratings8.01 Ratings
Role-based user permissions00 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Payoneer
-
Ratings
Zoho Finance Plus
7.4
1 Ratings
0% below category average
Accounts payable00 Ratings6.01 Ratings
Accounts receivable00 Ratings7.01 Ratings
Cash management00 Ratings6.01 Ratings
Bank reconciliation00 Ratings8.01 Ratings
Expense management00 Ratings7.01 Ratings
Time tracking00 Ratings8.01 Ratings
Fixed asset management00 Ratings6.01 Ratings
Multi-currency support00 Ratings8.01 Ratings
Multi-division support00 Ratings8.01 Ratings
Regulations compliance00 Ratings7.01 Ratings
Electronic tax filing00 Ratings8.01 Ratings
Self-service portal00 Ratings7.01 Ratings
Global Financial Support00 Ratings8.01 Ratings
Primary and Secondary Ledgers00 Ratings7.01 Ratings
Intercompany Accounting00 Ratings7.01 Ratings
Localizations00 Ratings8.01 Ratings
Journals and Reconciliations00 Ratings8.01 Ratings
Enterprise Accounting00 Ratings9.01 Ratings
Configurable Accounting00 Ratings8.01 Ratings
Centralized Rules Framework00 Ratings8.01 Ratings
Standardized Processes00 Ratings7.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Payoneer
-
Ratings
Zoho Finance Plus
8.0
1 Ratings
13% above category average
Inventory tracking00 Ratings8.01 Ratings
Automatic reordering00 Ratings8.01 Ratings
Location management00 Ratings9.01 Ratings
Manufacturing module00 Ratings7.01 Ratings
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PayoneerZoho Finance Plus
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Apple Pay
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Accounting Seed
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User Ratings
PayoneerZoho Finance Plus
Likelihood to Recommend
2.3
(32 ratings)
8.0
(1 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
8.0
(1 ratings)
Support Rating
1.0
(2 ratings)
8.0
(1 ratings)
User Testimonials
PayoneerZoho Finance Plus
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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Zoho
It is very well suited to track the expenses which employees use in an organization and if any employees are using business accounts. It has multiple integrations with other applications and we can customize it as per our needs.
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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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Zoho
  • Expense Management
  • Report Tracking
  • Integration with other application
  • Customization
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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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Zoho
  • Customer Support
  • Mobile Platform Optimization
  • Minimal GUI
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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.
Read full review
Zoho
No answers on this topic
Usability
Payoneer
No answers on this topic
Zoho
We have been efficiently using this product for 2 years, so the overall experience of using the product is fairly easy and straightforward
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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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Zoho
I have been a user of Zoho Financial Plus for more than a year and it's been a very efficient and sophisticated tool for managing the expenses in our organization.
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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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Zoho
No answers on this topic
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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Zoho
  • Zoho Ecosystems
  • Finance Audits
  • Financial Account Management
Read full review
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