Payoneer Logo
Payoneer reviews
5.0 (5 reviews)

Payoneer is a secure and convenient software solution for entrepreneurs and businesses to manage global payments and multiple currencies. It enables quick access to funds, expanding global reach, streamlining financial operations, and reducing costs and delays associated with traditional banking methods. Payoneer's value lies in its ability to facilitate international transactions with ease and efficiency.

  • 01Pros and cons from reviewers
  • 02Main features
  • 03What is Payoneer?
  • 04How Payoneer compare to similar software?
  • 05Who is Payoneer best for according to our reviewers?
  • 06Payoneer reviews

Pros from reviewers

  • Quick and efficient customer service: Payoneer's customer service is praised for its quick response time and efficient problem-solving capabilities

  • Reliable and consistent service: Users have found Payoneer to be a reliable and consistent service, providing a sense of security and trust in their financial transactions

  • Complete online banking experience: Payoneer offers a comprehensive online banking experience, allowing users to receive and spend money from almost anywhere in the world, making it a convenient and accessible service

  • Essential for businesses and freelancers: Payoneer is considered an essential service for businesses and freelancers, providing a primary payment solution that is highly recommended by its users

  • Collaborative and secure platform: Payoneer is seen as a collaborative organization that prioritizes user security, offering direct communication and thorough issue resolution.

Cons from reviewers

  • High fees: Despite its many benefits, Payoneer has relatively high fees compared to other online payment services

  • Delayed access to funds: Some users have reported that Payoneer can hold funds for extended periods, causing inconvenience and potential cash flow issues

  • Inconsistent customer support: While some users have praised Payoneer's customer support, others have found it lacking, with slow response times and unresolved issues

  • Limited service in some regions: Although Payoneer is available in many countries, there are still some regions where the service is limited or not available

  • Partial issue resolution: Some users have reported that their issues were only partially addressed, leaving them with ongoing problems or concerns.

Main features

Starting Price

N/A

Free Plan

No

Competitive exchange rates

Global payment solutions

Multiple withdrawal options

Seamless integrations

Dedicated support

What is Payoneer?

Payoneer is a prominent global payment platform that allows businesses and individuals to send and receive payments internationally. It provides a secure and user-friendly online platform, beneficial for freelancers, online sellers, and small businesses aiming to grow in the global market. Payoneer offers features like a multi-currency digital wallet, easy invoicing, and integration with global marketplaces. Users can receive payments from worldwide clients, withdraw funds in local currencies, and make payments to suppliers. Payoneer offers competitive exchange rates, low transaction fees, quick payment processing, personalized customer support, and comprehensive fraud protection. It is an efficient payment solution for freelancers and online sellers looking to simplify cross-border payments and achieve financial success globally.
Payoneer Logo

Payoneer

vs

Wise Logo

Wise

Payoneer and Wise are both prominent players in the realm of international financial services, each offering distinct approaches to managing cross-border transactions and currency exchange. Understanding the differences between these two platforms can guide you toward the most suitable choice for your global financial needs.


Payoneer is known for its versatility and comprehensive suite of global payment solutions. It caters to a wide range of users, including freelancers, e-commerce businesses, and professionals seeking a one-stop solution for international transactions. Payoneer offers multi-currency receiving accounts, a prepaid Mastercard for easy access to funds, and competitive exchange rates. This makes it an excellent choice for individuals and businesses looking for a versatile platform to manage their international finances.


On the other hand, Wise, formerly known as TransferWise, specializes in providing cost-effective international money transfers. It stands out for its...

Payoneer Logo

Payoneer

Global payments, made easy

Wise Logo

Wise

Smarter money management across borders

Waived account setup fee on Wise

Save up to $56

Who is Payoneer best for according to our reviewers?

  • Freelancers: Freelancers find Payoneer to be an excellent payment solution for their work, offering a complete online banking experience and allowing them to receive and spend money from home

  • Small Business Owners: Despite the relatively high fees, small business owners find Payoneer to be a necessary service for their operations, appreciating its reliability and excellent customer service

  • Global Workers: Payoneer is an excellent alternative for individuals working globally, allowing them to receive funds from almost anywhere in the world

  • Customers Seeking Quick Response: Users who value quick and efficient customer service find Payoneer to be a suitable platform, as they often resolve issues within a day

  • Users Prioritizing Security: Payoneer is seen as a very collaborative and secure platform, with the organization doing its best to address and fully resolve any concerns or issues.

  • Payoneer reviews

    5.0

    Payoneer rating

    4.5

    Ease of use

    4.0

    Customer service

    4.2

    Value for money

    4.3

    Likelihood to recommend

    4.3

    Features

    5 Payoneer reviews

    5.0 (5 reviews)
    • Theresa

      Review on Payoneer Software by Zarrouki Mohsen

      I find Payoneer to be a necessary service for my business despite its relatively high fees compared to other services. It's the best online payment method that offers a complete online banking experience and allows people from almost everywhere to receive and spend money from home. I greatly appreciate this aspect of their service. They have been consistent throughout my time as a customer. The one time I needed help, their phone customer service was excellent.

      May 7, 2024

    • Steven Williams

      Seamless Experience with User-Friendly Interface and Prompt Customer Service

      its user-friendly interface and prompt customer service have made my experience seamless. The ability to withdraw funds directly to my local bank account has been a game-changer

      April 30, 2024

    • Joe A

      Just Opened a New Account with Payoneer

      So far, they have fulfilled their promise to verify my account by depositing a small INR amount. Additionally, they promptly resolved my account receiving query.

      April 21, 2024

    • Mark N

      Swift and Efficient Customer Support

      After I left a message inquiring about the status of my receiving account which was pending approval, I received a response within a day from a Customer Care Team member. My issue was resolved. I found the service to be quick and helpful!

      April 15, 2024

    • Jean Garcia

      Managing International Payments with Payoneer

      As a freelancer, I've found Payoneer to be a reliable and efficient platform for managing my international payments

      April 15, 2024

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