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Payoneer Logo

Payoneer

4.3
(679)

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Send and receive money locally and internationally

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(10)

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Payoneer Pricing, Features, Reviews and Alternatives

Payoneer FAQs

Q. What type of pricing plans does Payoneer offer?

Payoneer has the following pricing plans:
Free Trial: Available

These products have better value for money


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. Does Payoneer offer an API?

No, Payoneer does not have an API available.


Q. What other apps does Payoneer integrate with?

Payoneer integrates with the following applications:
Xero


Q. What level of support does Payoneer offer?

Payoneer offers the following support options:
FAQs/Forum

Payoneer product overview

What is Payoneer?

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.

Key benefits of using Payoneer

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

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

FAQs/Forum

Training options

Videos

Not sure about Payoneer? Compare it with a popular alternative

Starting from

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Free plan
Free trial
Pricing range

Starting from

0.30

Usage Based

Free plan
Free trial
Pricing range
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Value for money
Customer support
Ease of use
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Customer support
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Payoneer pricing information

Value for money

4.1

/5

679

Starting from

ic-pricetag

No pricing info

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Payoneer features

Functionality

4.3

/5

679

Total features

3

1 categories

Most valued features by users

Reporting/Analytics
Data Security
Payment Processing

Functionality contenders

Payoneer users reviews

Overall Rating

4.3

/5

679

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8.57/10
Rating distribution

5

4

3

2

1

417

176

31

13

42

Pros
It's easy to use, comfortable, has so many good features with solid security. Even it's easy to integrate with any local bank accounts or 3rd party software programs through API.
It's totally free and accessible to anyone. As a freelancer, I really love this platform and would recommend any friend blindly.
Payoneer is just wonderful for receiving payments regardless of your location, it's just perfect for freelancers. The layout is wonderful for easy navigation.
Cons
Also, when it comes to customer service, they are BAD if not the WORST. It cannot take up to a month to reply to simple message.
Pathetic Customer Service and Some Times Delay for No Obvious Reason.
The minimum time to them respond to a ticket is 3 business days and guess what they complete 3 days time before responding to your ticket. And I just hate their service.

Overall rating contenders

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Kaye F.

Talent Agent

Entertainment, self-employed

Review source

Overall Rating

Use this in conjunction with Coconut for International Payments- solves a problem!

Reviewed a year ago

Transcript

Kaye: Hi, I'm Kaye, and I'm a talent agent. I give Payoneer, five out of five. Click below for more reviews....

MP
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Michael P.

Owner

Music, 1-10 employees

Review source

Overall Rating

Solid Payment Processing Platform, But Not My Favorite

Reviewed 2 years ago

Transcript

Michael: My name is Michael. I'm a small business owner. I'm giving Payoneer a four out of five. For...

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Elvis U.

Insurance, 501-1,000 employees

Used other for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

My experience using Payoneer

Reviewed 4 years ago

I use payoneer to receive payments for my freelance gigs.

Pros

Payoneer is just wonderful for receiving payments regardless of your location, it's just perfect for freelancers. The layout is wonderful for easy navigation. I like the fact that a debit card is created for a new user the moment he signs up and that card will be delivered free of charge to the user's location, isn't that awesome? Also, the annual 30 dollars maintenance charge is pretty decent compared to the value and comfort they offer.

Cons

So far so good I haven't seen a feature I don't like on payoneer. If I find one I won't hesitate to share.

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Charlette V.

Architecture & Planning, 11-50 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Lowest Fee Among Any Payment Methods/Platforms

Reviewed 2 years ago

I began using Payoneer for a client who preferred to pay via this method for my services. So far, I haven't run into any issues while using the app. What I also like about it is that, it has the lowest fees of any money-transfer platform in the Philippines. It takes advantage of preferential exchange rates, and I calculated that I save 1% total, including all sending and receiving fees and exchange rates.

Pros

You can open a free account on the Payoneer website. Payoneer handles domestic and international payments and currency exchanges, and most types of bank transfers are free if both parties have Payoneer accounts.

Cons

There isn't much to dislike about the platform; the only suggestion is to reduce the processing fees on some vendors.

AR
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Verified reviewer

Information Technology and Services, self-employed

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend3/10

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Beware: Payoneer has a big security hole

Reviewed 2 months ago
Pros

It's really easy to use, and most companies are already aware of how to use Payoneer.

Cons

Given the popularity they have, it's a wonder why they only implement MFA through SMSs. They have been recently breached, with people all life savings, and yet they don't implement OTP or other MFA method. Also, costs are way pricier than the competition.

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Ibrahim T.

Banking, 10,001+ employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Amazing virtual banking services

Reviewed 4 months ago

The app is smooth and I keep using it on a weekly basis. I faced a delay in a payment once but the customer service helped me through it and they were very welcoming and they processed my payment quickly.

Pros

I used payoneer 2 years ago for an outbound transaction and I was shocked by the reliability of this online bank. As a banker I know that only few online banks around the world who are really trusted and fast and since then I decided to continue using this online bank in any outbound transaction. It’s not complicated at all it’s simple, fast and reliable

Cons

The only negative comment is that it’s a bit expensive in commissions but for me the most important thing is reliability honestly

EB
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Eliel B.

Marketing and Advertising, 1-10 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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A good tool for digital nomads and remote workers

Reviewed 3 years ago
Pros

One of the best things that this tool has is the international transfers between banks, so if you are working remotely or doing freelance then Payoneer helps you to charge and receive the payment, later you can transfer your funds to a bank account.

Cons

Fees are considerable when transferring money. There are certain activities banned from its use, which becomes quite annoying, your funds can be totaled if you are not aware of this. Also, there is no integration with cryptocurrencies.

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