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
Free Plan
Competitive exchange rates
Global payment solutions
Multiple withdrawal options
Seamless integrations
Dedicated support
Starting Price
N/A
Free Plan
No
Competitive exchange rates
Global payment solutions
Multiple withdrawal options
Seamless integrations
Dedicated support
What is Payoneer?
How Payoneer compare to similar software?
Product
Payoneer
5.0
Payoneer reviews
Price
N/A
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
No available deal at the moment
Payoneer
vs
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
Global payments, made easy
Wise
Smarter money management across borders
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
-
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