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Payoneer

Global payments, made easy

4.6 (21 reviews)

Payoneer brings value by providing entrepreneurs and businesses with a secure and convenient way to send and receive global payments, manage multiple currencies, and access funds quickly. With Payoneer, businesses can expand their global reach, streamline their financial operations, and reduce costly fees and delays associated with traditional banking methods.

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General information about Payoneer

Payoneer, a financial services company, has revolutionized the way businesses and professionals send and receive international payments. Founded in 2005, Payoneer was born from the idea of simplifying the complex process of cross-border transactions. Today, it stands as a global payment platform that caters to millions of users worldwide, offering a robust solution to the challenges of international commerce.


At its core, Payoneer provides a seamless and secure way for businesses, freelancers, and online sellers to connect with clients and marketplaces across the globe. The platform enables users to receive funds from international clients as easily as they would from a local transaction. Payoneer users benefit from competitive exchange rates and low transaction fees, making it an economical choice for global payments.


One of the standout features of Payoneer is its flexibility. Users can receive payments in multiple currencies and withdraw funds to their local bank account in their local currency. Payoneer also offers a prepaid Mastercard, allowing for instant access to funds and the convenience of making purchases or withdrawing cash from ATMs worldwide.


In addition to payment services, Payoneer extends its offerings to include tools for managing invoices, conducting risk management, and ensuring compliance with international financial regulations. This comprehensive approach makes it a favored platform for e-commerce sellers, freelancers, and businesses looking to expand their reach in the global market.


With its commitment to bridging geographical and financial barriers, Payoneer stands as a key player in the ever-evolving landscape of digital payments, fostering a more connected and financially inclusive world.

See alternatives to Payoneer like Wise or Stripe.
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Expert review on Payoneer

Do you ever find yourself constantly forgetting to pay your bills or track your expenses? No worries, we've got the perfect solution for you!

What is Payoneer?

It's a comprehensive platform that allows you to effortlessly track your finances, pay invoices, and manage your business transactions all in one place. It's like having a personal accountant at your fingertips, minus the hefty fees! 💪📊

Our opinion about Payoneer:

Whether you're a one-person show or a thriving business, Payoneer has all the tools you need to streamline your financial processes and stay on top of your game. 🎯👩‍💼 One of the things we love most about Payoneer is its user-friendly interface. It's so intuitive that even technophobes can navigate their way through it without breaking a sweat. Plus, the customizable features allow you to tailor the platform to your specific needs. It's like having a software that speaks your language! 🌟🗣️

Payoneer Pricing:

Payoneer understands that every entrepreneur's budget is different, so they offer flexible pricing plans to cater to your specific needs. Whether you're just starting out or have been in the game for years, they've got a plan that fits your pocket. And guess what? 💃💰

Best Payoneer alternatives:

If you're looking for alternatives to Payoneer, Secret has got your back. We've compiled a list of popular similar tools that will make your financial management journey even more exciting. From PayPal to Venmo and from Wise to Stripe, you're bound to find the perfect fit for your business needs. And of course, you might even stumble upon some incredible deals for these tools on Secret too! Score! 🙌🔥

- More alternatives to Payoneer
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Mary O'Brien

Customer Success Manager

Payoneer features

  • Multiple withdrawal options

    Payoneer provides entrepreneurs with the flexibility to withdraw funds through various methods, including local bank transfers, ATMs, or even via prepaid Mastercard. This enables easy access to your earnings, no matter where you are located, empowering you to invest in your business growth or fulfill personal financial needs

  • Dedicated support

    Payoneer understands the challenges faced by young entrepreneurs and provides dedicated support to assist you every step of the way. Whether you have questions about payments, account management, or need technical assistance, Payoneer's knowledgeable customer support team is there to help you resolve any issues promptly, allowing you to focus on growing your business.

  • Global payment solutions

    Payoneer's Global Payment Solutions allow young entrepreneurs to transact globally, reaching customers and clients from all around the world. With a Payoneer account, you can effortlessly send and receive payments in multiple currencies, making cross-border business seamless and hassle-free

  • Seamless integrations

    Payoneer seamlessly integrates with popular marketplaces, freelancing platforms, and affiliate networks, allowing you to streamline business operations. Connect your Payoneer account with platforms like Amazon, Upwork, or Fiverr, and receive payments directly into your Payoneer wallet, reducing administrative complexities associated with cross-platform transactions

  • Competitive exchange rates

    With Payoneer, entrepreneurs benefit from competitive exchange rates when converting currencies. By optimizing the conversion process, Payoneer ensures that you get the most value for your money, ensuring maximum earning potential and minimizing foreign exchange costs

21 Payoneer Reviews

4.6 (21 reviews)
Leave a review
  • Georges E

    Payoneer is nothing but a thief, stealing money from its clients!

    My experience has been an absolute nightmare. I was using Payoneer for standard transactions with my business, and out of nowhere, they arbitrarily decided to close my account and abscond with €5,000 that was rightfully mine. To make matters worse, I can’t even access customer support since I'm no longer a client, and my emails go unanswered. This level of service is utterly disgraceful! Beware: countless others are suffering the same fate, often losing much more money than I did. I cannot stress enough: steer clear of this company. They are nothing but scammers who prey on honest users!

    November 4, 2024

  • Ruth R

    Efficient Fund Availability and Valuable Educational Resources: A Payoneer Review

    I've never had to wait more than 24 hours for funds to be available. Lastly, the educational resources provided by Payoneer have been very helpful

    August 17, 2024

  • Edward Smith

    Secure and Swift: Payoneer's Impressive Transaction Speed in the Digital Age

    knowing that my funds are protected is crucial in this digital age. The speed of transactions with Payoneer is impressive

    August 10, 2024

More about Payoneer

Payoneer: Pros & Cons

Pros

  • Low fees: Payoneer offers competitive fees, allowing you to save money and keep your costs low.
  • Convenient payments: Payoneer provides multiple payment options, making it easier for you to receive payments from clients and customers.
  • Global reach: Payoneer allows you to easily receive and send payments internationally, expanding your business horizons.

Cons

  • High fees: Payoneer charges high fees for certain transactions, cutting into the profit margins of young entrepreneurs
  • Limited currency options: Payoneer supports a limited number of currencies, presenting a challenge for entrepreneurs operating in multiple markets.
  • Limited integration: Payoneer has limited integration options with popular e-commerce platforms, making it difficult to streamline business operations

Why is Payoneer better than other Payments software?

Payoneer is a better solution based on percentage of positive reviews than GoCardless: 89 vs 77

Payoneer is a better solution for customer support than GoCardless: 4.0 vs 3.5

Payoneer is easier to set up than GoCardless: 4.5 vs 4.0

Payoneer has more positive reviews than Sage Intacct: 89 vs 83

Payoneer is easier to use than Sage Intacct: 4.5 vs 4.0

Payoneer is more suitable for small businesses thanks to its good value for money than Sage Intacct: 4.2 vs 4.0

Payoneer has better positive reviews than MangoPay: 89 vs 85

Payoneer is more suitable for small businesses thanks to its good value for money than TradeIn: 4.2 vs 4.0

Compare Payoneer with other tools

Payoneer vs Wise
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Payoneer
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Wise
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