Overview
What is Payoneer?
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.
Payoneer Review
TrustRadius Insights
Warning Warning Warning - DO NOT USE IT
Awful service. Don't recommend to anybody. We are planning move out to another bank from next month.
My opinion on Payoneer payment system
Pioneer offers local bank accounts in many countries to receive payment in the …
Terminated our account for no reason. Almost 10 years we used this service
Cancelled My Account For No Reason
Almost destroyed my business, blocked account, gave fake deadlines, can't decide what they need to unlock it
Payoneer Review
Payoneer is a complete nightmare, don't use - your employees will hate you.
Poor Support. Would Not Recommend this Software
Worst customer service from Payoneer everytime
Payoneer a leader in innovative payment solutions
The best solution for e-commerce sellers, freelancers, and business owners to receive payments from marketplaces and international clients
Convenient and easy way to transfer funds across borders
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Fraud Detection (9)3.434%
- Payment Form Acceptance (9)1.818%
- Billing and Invoicing Support (10)1.515%
- Global Support (10)1.111%
Reviewer Pros & Cons
Pricing
What is Payoneer?
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.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Demos
Payoneer 360 Demo
How To Get Euro Payment Service From Payoneer
Features
Payment Gateways
The technology used to accept credit cards, debit cards, and other payments from customers.
- 3.4Fraud Detection(9) Ratings
Ability to detect fraudulent transactions while allowing legitimate transactions
- 1.4API or SDK(5) Ratings
Tools to interact with payment gateway code
- 1.8Recurring Payment Support(7) Ratings
Ability to support subscriptions and recurring payments
- 1.5Billing and Invoicing Support(10) Ratings
Billing a client for work done
- 1.1Global Support(10) Ratings
Supports many currencies and languages
- 1.8Payment Form Acceptance(9) Ratings
Ability to accept many different forms of payment
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Payoneer?
Payoneer Video
Payoneer Competitors
Payoneer Technical Details
Operating Systems | Unspecified |
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Mobile Application | Apple iOS, Android |
Frequently Asked Questions
Comparisons
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Reviews and Ratings
(49)Community Insights
- Business Problems Solved
- Pros
- Cons
- Recommendations
Payoneer is a versatile payment gateway that has been widely used by freelancers, vendors, and businesses to facilitate hassle-free transactions without tax deductions. Users have reported positive experiences with the platform, highlighting its ability to receive money from different vendors and tester sites without any hassle or commission charges. The quick and simple registration process, with account verification typically taking less than an hour, has been praised by users who appreciate the seamless onboarding experience. One of the key advantages of Payoneer is its flexibility in receiving money from anywhere in any currency, which can then be easily deposited into the user's bank account within 24 hours. This feature has made Payoneer popular among international freelancers and businesses who need to receive payments from clients around the world. Additionally, referring Payoneer to others can result in earning through their first transactions, making the platform an all-rounder earning solution.
However, some users have encountered issues with Payoneer's transaction blocking feature, which blocks transactions without reason and causes inconvenience and delays in accessing funds. The customer support provided by Payoneer has also been inconsistent according to user feedback, with some feeling misled or frustrated by the lack of assistance. Another area of concern highlighted by users is the payment approval process, which can take longer than expected and cause delays in receiving funds. Users have expressed dissatisfaction with the annual fee charged by Payoneer, especially if it is deducted from a small payment amount. Additionally, resolving issues with Payoneer accounts has proven challenging for some users, who have reported difficulties in reaching a resolution and even account closure without a clear explanation.
Despite these limitations and support issues, Payoneer continues to be regarded as one of the best solutions for receiving international remittance and converting it into local currency. Its ease-of-use and wide range of use cases have made it valuable for freelancers, businesses with international clients, and even industries like music where it facilitates the collection of mechanical royalties. Users appreciate Payoneer's convenience, security, and ability to simplify financial transactions across borders. Many businesses have integrated Payoneer into their operations, leveraging its payment gateway capabilities for mass payouts, online shopping, payment for goods and services, and withdrawal of money from banks. The platform's integration with accounting software has also made it a convenient solution for accepting online payments. Overall, despite some challenges reported by users, Payoneer serves as a reliable and versatile payment gateway for various user needs.
Global Acceptance: Many users have praised Payoneer for its wide acceptance worldwide, allowing them to easily send and receive payments internationally. This feature has been appreciated by a significant number of reviewers.
Nominal Exchange Rates: Several users have mentioned that they appreciate the nominal exchange rates offered by Payoneer compared to similar platforms like PayPal. This has been seen as a positive aspect by numerous customers.
Useful Tracking Feature: The tracking feature provided by Payoneer has been found useful by many reviewers for keeping tabs on their transactions, payments, and balances. Users have expressed their satisfaction with this feature in their feedback.
Slow customer service resolution: Several users have complained about the slow resolution of issues by the Payoneer customer service team. Users feel frustrated with the lack of prompt assistance and express a desire for faster response times.
Limited availability for international payments: Some users have reported that sending and receiving payments from certain countries is still not available on Payoneer. This limitation hinders their ability to conduct business globally and is seen as a significant drawback by these users.
Long time for international payments: There are mentions of international payments taking more than a week to be received, which is perceived as a long time by users. This delay in receiving funds can cause inconvenience and affect cash flow for businesses relying on timely transactions.
According to user reviews, recommendations for Payoneer include improving website security and design, considering it as an alternative to PayPal, and using it for international trade. Users highly recommend that Payoneer enhance the security of its website and improve its design with more vivid colors. They also suggest utilizing Payoneer as a safe and efficient payment platform, especially as an alternative to PayPal. Many users find Payoneer particularly useful for international trade, stating that it is the best alternative to PayPal for online transactions. Overall, users highly recommend Payoneer for its high-quality service, security, and user-friendly interface.
Attribute Ratings
Reviews
(1-25 of 28)Payoneer Review
- Being able to receive money from KDP Amazon
- Letting me use a debit card on Amazon
Awful service. Don't recommend to anybody. We are planning move out to another bank from next month.
- Payment transactions
My opinion on Payoneer payment system
- It offers a local bank account to receive money in local currency
- Payoneer helps when we need to transactions with a country that doesn't have PayPal support.
- Offer safe and fast transaction.
- Payment gateway
- Payment request management
Cancelled My Account For No Reason
- being able to pay someone in Armenia
Almost destroyed my business, blocked account, gave fake deadlines, can't decide what they need to unlock it
- Ability to receive payments
- Ability to pay
- Reporting
- I'm forced to use them.
Poor Support. Would Not Recommend this Software
- Currency Exchange
Worst customer service from Payoneer everytime
- receive money from paypal and withdraw to local bank
Payoneer a leader in innovative payment solutions
- International payments
- request payments easily
- Marketplaces synchronization
- Digital bank account for digital deposits and withdrawals
- Pay contractors and vendors directly from the digital platform
- Receive money with currency exchange
Convenient and easy way to transfer funds across borders
- Low comission
- Fast transfer speed
- Ease of use
- Ability to connect to Stripe
- Ability to have a card to make payments
- Ability to withdraw to any ATM worldwide
- Connected pseudo bank accounts.
- International support
- ACH support
- Invoicing
Easy to use, secure and very flexible
- Ease of use
- Debit card usage
Don't recommend Payoneer
- it is easy to log in to
Payoneer has made sending and receiving international payments easier than ever before.
- Sending/Receiving Payments.
- International Bank Accounts.
Work globally without much worry
- Receiving payments from any part of the world
- Low comissions
- Ease of money withdrawal
The best payment platform for freelancers
- The MasterCard
- The banking info in various currencies
- The speed at which they process payments
- Secure and fast transaction, haven't faced any problems till now.
- No need of converting the payment into the local currency, Payoneer can do the work for us and it directly deposits the converted money into our bank account.
- Simple and quick registration process.
- I can track my transaction at any time from anywhere.
Want to grow your business across the globe use Payoneer as your payment partner at minimal cost
- Records of transactions, payments, daily exchange rates.
- Ability to withdraw money from any ATM accross the world if we use Payoneer mastercard.
- Mass payouts is also a useful feature of Payoneer
Work internationally and grow your business without worrying about payments as Payoneer is there to get it.
- Receiving payments from any part of the world
- Commisions are reasonable as compared to paypal
- Better currency exchange rate as compared to Paypal
- The ability to collect royalties in different currencies
- Transfer of fund from the wallet into local bank account
- Ease of use of the platform
A world-class,popular and powerful tool for online payments.
- Online shopping.
- Send and receive money online.
- Security(Multi-factor authentication)
- Funds withdrawal.
Total monthly payout continues to grow at ferocious pace.
- Getting paid to local receiving accounts.
- The ability to request a payment.
- Withdrawals