Simplify your international money transfers and collection with Payoneer
February 18, 2022

Simplify your international money transfers and collection with Payoneer

Dr Olivier Becherel - Leadership and Executive Coaching | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version


Overall Satisfaction with Payoneer

We started to use Payoneer in 2014 as an international payment platform to receive our book sales royalties from Amazon. This has made the process of collecting royalties much more effective and much more rapid. Instead of waiting for checks or having to set up an international bank account in various countries, Payoneer was the simplest solution for us. A simple platform to collect royalties from different parts of the world.
  • Receive royalties from book sales on Amazon
  • Transfer royalties payment to our local bank account
  • Debit card to use funds in our wallet
  • Simple and easy to use user interface
  • Collect in multiple currencies
  • Continue to provide a range of integrated services related to financial transactions and internal payments
  • The ability to collect royalties in different currencies
  • Transfer of fund from the wallet into local bank account
  • Ease of use of the platform
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 depending on what I'm doing and what the purpose of the money transfer is and to which country.

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TransferWise, Pabbly Plus, Groove, VEED, HelloSign, Acuity Scheduling, a Squarespace company, SmarterQueue, Zoom, ActiveCampaign, Jotform, Typeform, Google Business Profile (formerly Google My Business), Vimeo, Box, Google Workspace (formerly G Suite), screenflow
Payoneer has been a game-changer for us to collect book royalties from sales on Amazon. The process to set up an account was easy and it worked really well and effectively. Was used to take more time and hassle was automated and the reporting was also very helpful for tax purposes.