Payoneer

Payoneer

Send and receive money locally and internationally

4.7/5 (41 reviews)

Payoneer Overview

Payoneer’s international payments platform allows users to send and receive payments across over 200 countries, in more than 150 currencies. Users can keep track of their account balance, payments, and full transaction history online, including foreign currency amounts and transaction fees.

Payoneer offers multiple methods for payment transfer, such as prepaid MasterCard®, bank transfers, and e-wallets. Users can decide whether the payer or the recipient pays the transaction fees, and specify this when requesting payments, both from other Payoneer users and also third parties without Payoneer accounts.

Pricing

Starting from
N/A
Pricing options
Free Trial
Value for money

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, India, Japan, Latin America

Supported Languages

Arabic, Chinese (Simplified), Danish, English, Finnish and 11 others, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish

Payoneer Reviews

Overall rating
4.7/5
98% positive reviews
29
Excellent
11
Very good
1
Average
0
Poor
0
Terrible
Jorge T.

international payment wallet

Used Daily for 1+ year
Reviewed on 2019/08/25
Review Source: Capterra

Payoneer in my view as a user is perfect when referring to several other payment processors, with the service of being able to send money to my account and they offer you many more services that are not available in the competition. It is a secure platform with easy handling when using. Another of the great advantages of payoneer is that you can receive payments from customers wherever they are and providing a good service, which does not charge a transfer fee because It only gives us an annual maintenance charge which I consider attractive to new entrepreneurs. Payoneer has a good customer service which makes it remarkable, to clarify and clear any doubt or problem that is presented to customers, as well as a forum where users support each other to get the best platform service which give it a great quality

Pros

Pros
What I find most attractive to payoneer is that the billing is monthly without charge for early cancellation what makes it attractive
Free payments between Payoneer accounts which makes it interesting for employee nominee payments. The best for entrepreneurs and international companies.
The Payoneer company is one of the main online payments that preexists in a safe and legal way which in terms of service is being adopted by number of users. Serving a great help to the loans with a great service with a MasterCard card that is sent to my address when fulfilling my registration. This card can be used on a large number of platforms to make payments including use to withdraw money from any local ATM network.

Cons

For my point of view. One of the few problems that I find a payoneer is that the commission for using the physical master card is a little high when using it in an ATM, on the other hand also of the inactivity charges of the account since payoneer It charges you a small but not significant amount, if you don't see any movement made within a month. Stay within my liking that the payoneer company improves the payment director method that is performed between other payment platforms and payoneer for a better service between the two platforms and a better fast payment method when making any transfer between accounts . Although the customer response is slow they are attentive.
I have nothing bad to say about dislikes with the use of payoneer, so far it is so good and easy to use. Payoneer is good for any commercial transaction

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Carlos T.

Payoneer payment wallet

Used Daily for 1+ year
Reviewed on 2019/08/25
Review Source: Capterra

It has become one of my frequently used tools for safe money management . In a moment I had to use the customer service I was quite useful what made me feel calm after finishing our chat, to solve inconveniemtes, a good job with your service. since that is what the client wants to be satisfied. because without a well-attended clientele any type of business goes bankrupt

Pros

Very easy to make money transactions.
It comes with a debit card that you can use
I love the fact that it allows me to make transactions online.
I would like in this software that I can send and receive money worldwide.
Payoneer according to my experience and my point of view, is a wonderful option to receive disbursements for virtual services and self-service payment of employees since between accounts of the same payoneer no fees are charged only a monthly fee that for how versatile the payoneer platform is It is not expensive, it is very intuitive and simple to use, and its platform is safe, also while using Payoneer I can pay in one type of currency and the person who receives can withdraw to your benefit in local currency

Cons

as for its cons, I find almost none against it, but there must be, like everything else,
at the moment it can be used to receive money from abroad, not to send money abroad which if you have business abroad I see it not very convenient , your service at some times is slow sometimes for everything else I am sure they will improve over time

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10
Yuri P.

Payment transferring for small businesses

Used Daily for Free Trial
Reviewed on 2019/07/28
Review Source: Capterra

With Payoneer, we can receive payments with different currencies. It made our job easier and as well our accountant is happy.

Pros

Considering its competitors like PayPal, Transferwise, Bitwage, Payoneer is the fastest money transferring software. In payoneer you may engage with more than 100 currencies however in PayPal it is just 30.

Cons

Well, yes Payoneer is the fastest but is the most expensive as well. Also, they do not offer 7/24 customer service.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10
Francisco B.

Virtual wallet.

Used Daily for 1+ year
Reviewed on 2019/08/13
Review Source: Capterra

Payoneer is a very good option to receive payments for virtual and self-service services, it is very useful and very easy to use, in addition its security is high, also while using Payoneer I can pay in a currency type and the person who receives it can withdraw at your convenience and local currency, for a small conversion fee.

Pros

I love using payoneer because thanks to him he was able to send and receive funds directly to my bank account, I can link a bank account and even a credit card, he also has the virtue of making massive payments, it is very easy to register and his security is equally good.

Cons

The quality of customer service is a bit poor and a commission is also lost, but in general it is a very good application to send and receive payments anywhere in the world.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Nchewi E.

Best Alternative to Paypal

Used Daily for 2+ years
Reviewed on 2019/06/14
Review Source: Capterra

I had to settle for Payoneer for receiving payment for my freelance jobs because Paypal was not available in my country (Nigeria). This is one the best decision I made. I've had a seamless experience with Payoneer so, and I highly recommend it to others as well.

Pros

I use Payoneer to receive my earnings from Amazon and other sites. I rate their service very highly. Apart from being a very secure and reliable way to make and receive payment worldwide, I am most wowed by Payoneer's amazing Customer service.

Cons

None. I am yet to experience any challenge using Payoneer

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

Payoneer Features


  • API
  • Accounting Integration
  • Accounting Management
  • Activity Dashboard
  • Auditing
  • Automatic Notifications
  • Billing & Invoicing
  • Compliance Management
  • Customizable Reporting
  • Data Import/Export
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Real Time Data
  • Reporting & Statistics
  • Third Party Integration
  • Workflow Management

Additional information for Payoneer

Key features of Payoneer

  • API support
  • Amazon disbursements
  • Direct bank transfers
  • Full transaction history
  • Global and local e-wallets
  • International payments
  • Mass payouts
  • Multilingual customer support
  • Over 150 currencies
  • Over 200 countries
  • Payment history
  • Payment requests
  • Prepaid MasterCards
  • Third party payments

Benefits

Users can request and receive payments both from other Payoneer users and from third parties who don’t have Payoneer accounts

Payoneer has multiple payout solutions, including prepaid debit cards, global bank transfers, local and global e-wallets, and checks

Users can view their account’s complete transaction history, across customizable date ranges, including information such as transaction description, amount, foreign currency amount, applicable fees, and authorization number

Users can decide whether the payer or the recipient pays the transaction fees

Payoneer FAQs

Below are some frequently asked questions for Payoneer.

Q. What type of pricing plans does Payoneer offer?

Payoneer offers the following pricing plans:

Free Trial: Not Available

Q. What are the main features of Payoneer?

Payoneer offers the following features:

  • API support
  • Amazon disbursements
  • Direct bank transfers
  • Full transaction history
  • Global and local e-wallets
  • International payments
  • Mass payouts
  • Multilingual customer support
  • Over 150 currencies
  • Over 200 countries
  • Payment history
  • Payment requests
  • Prepaid MasterCards
  • Third party payments

Q. Who are the typical users of Payoneer?

Payoneer has the following typical customers:

Freelancers, Large Enterprises, Mid Size Business, Small Business

Q. What languages does Payoneer support?

Payoneer supports the following languages:

Arabic, Chinese (Simplified), Danish, English, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish

Q. What type of pricing plans does Payoneer offer?

We do not have any information about what Payoneer pricing plans

Q. Does Payoneer support mobile devices?

Payoneer supports the following devices:

Android, iPhone

Q. What other apps does Payoneer integrate with?

Payoneer integrates with the following applications:

Avaza, ChannelAdvisor, Hubstaff, MarketPowerPRO, Xero, Xero

Q. What level of support does Payoneer offer?

Payoneer offers the following support options:

FAQs, Forum, Video Tutorials