Payoneer Features

Payoneer

Send and receive money locally and internationally

4.41/5 (227 reviews)

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ACH Payment Processing
API
Access Controls/Permissions
Activity Dashboard
Alerts/Notifications
Billing & Invoicing
Billing Portal
Cash Flow Management
Check Processing
Contact Database
Credit Card Processing
Customizable Invoices
Data Security
Debit/Credit Card Processing
Email Invitations & Reminders
Fraud Detection
Invoice History
Invoice Management
Invoice Processing
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Online Invoicing
Online Payments
Overpayment Processing
PCI Compliance
Partial Payments
Payment Processing
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Purchasing & Receiving
Real Time Data
Receivables Ledger
Recurring Invoicing
Recurring/Subscription Billing
Reminders
Self Service Portal
Status Tracking
Transaction History
Visit WebsiteCompare App
ACH Payment Processing
API
Access Controls/Permissions
Activity Dashboard
Alerts/Notifications
Billing & Invoicing
Billing Portal
Cash Flow Management
Check Processing
Contact Database
Credit Card Processing
Customizable Invoices
Data Security
Debit/Credit Card Processing
Email Invitations & Reminders
Fraud Detection
Invoice History
Invoice Management
Invoice Processing
Mobile Access
Mobile Payments
Online Invoicing
Online Payments
Overpayment Processing
PCI Compliance
Partial Payments
Payment Processing
Project Billing
Purchasing & Receiving
Real Time Data
Receivables Ledger
Recurring Invoicing
Recurring/Subscription Billing
Reminders
Self Service Portal
Status Tracking
Transaction History
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Mobile apps

iOS App


121 reviews

Requires iOS 10.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


24,698 reviews

Payoneer Feature Reviews

25 reviewers had the following to say about Payoneer's features:

Dipika K.

Best digital payment service there is

2020-08-18

Pros

I used to get payments in USD.

Cons

Some of my collegues at the time almost exclusively used this method for most of their expenses and bills, but in the countries I was using the card, the exchange rate and fees were terrible.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Iqra Z.

The Best and Secure Online Payment Platform

2020-07-08

I have done a lot of projects in different freelance websites, so I always receive my freelance payments through Payoneer. The dashboard of Payoneer is really easy to understand and use.

Pros

You can also get bank account numbers of different countries and currencies. So easily you can also use these international receiving accounts for your online store like for your store at Amazon.

Cons

I send money to my friends and I receive my Online Payments. I am honestly speaking, I never faced any issue when I use Payoneer.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Aline Cristina d.

My evaluation of the payoneer software.

2020-02-13

Payoneer is a good software that makes it easy to receive payments, I just don't say that it's great because it's necessary to have a minimum of $50 to transfer the money, but in other matters, it meets my expectations.

Pros

No need to use personal data to receive payments from third parties. Easy to transfer money from your Payoneer account to your bank account, money drops right into your account within 1 to 3 working days.

Cons

What I least liked about this software is the fact that it is necessary to have a minimum of $50 in order to withdraw the payment to the bank account.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Patrícia S.

Why I like software

2021-08-21

I liked my experience with the application, however I think they should improve the way to access it because it is very complex

Pros

Gives the possibility to visualize the gains in real time

Cons

I think you need more options to add more currency coins

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Zuhairah A.

Good payment processor for business purposes

2021-01-30

My overall experience with Payoneer is pretty good, there are some limitation with this platform but other feature that provided is really good.

Pros

Receiving a funds from different currency all over the world is doable with Payoneer.

Cons

The thing that i dislike with Payoneer is, it can't be used to receive payment or fund from individual account and only processing a payment from business account.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Wale A.

The best cross-border payment solution I've used

2021-05-11

Receiving payments from clients and platforms I work with was made easier.

Pros

The fact that you can have different bank accounts in different currencies is a huge plus.

Cons

The web UI could be improved to look modern.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Miriam C.

The best payment system to receive money from abroad

2020-07-14

The advantage of Payoneer is that it is associated with many recognized companies that pay by this means, it is not necessary to go to a bank to obtain this service, all the management is online, easy and fast, I recommend Payoneer, especially for people who work as freelancers since the main freelancer platforms are associated with Payoneer and facilitate receiving payments.

Pros

There are many companies for freelancer that use this payment method, I have used it in fiver, Upwork, and other companies for which I have done work, something I like is that it is possible to receive payments in dollars, euros, pounds sterling, and other currencies, the app is quite complete and the best to send money to another user of Payoneer is free.I like that to receive payments Payoneer gives me a bank account according to the currency, either dollars or euros.

Cons

Something I don't like is that the fees are a bit high, if the fees were not so high, it would be the perfect prepaid card. Another thing that I consider negative is that their cards depend on Wirecard solution, and from my point of view, they should have more options to choose the issuer of their prepaid cards.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
OLIVER C.

Customer care for payoneer is nice and understandable

2021-03-10

Because i will be able to receive fast and easy to withdraw in my own currency.

Pros

Payoneer is one of the best, they allow someone to link more than account to the payoneer account.

Cons

The only I have noticed with the company is on global payment activation button.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Oğuz T.

BEST PAYMENT OPTION FOR SELLERS

2020-03-22

The only problem is money adding to your own account that I said.

Pros

When you complete the identification they give your account details and you can start earning or spending with a online checking account.

Cons

Payoneer must allow to withdraw money from our real bank account to our Payooner account to use Payooner Card.

Rating breakdown

Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Internet company, 10001+ employees)

A pioneer in payment processing

2021-04-07

I find Payoneer to be a very cool and modern payment processing platform, I like the clean and sleek user interface and useful financial tools.

Pros

I mainly use Payoneer when I freelance for Data Entry, and I find it very intuitive and easy to use, the way it processes payments is fast and secure, and you'll able to set up multiple payment portals.

Cons

I didn't like the difficultly of setting up a new bank account when I removed one, I wasn't able to add a new bank account without going through customer service, the waiting time took weeks, but it was worth it because the customer service rep was super friendly and helpful and helping me resolve my issue, and the issue was solved quickly after contact.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Marketing and Advertising company, 201-500 employees)

My view on payoneer

2021-02-01

Pros

We can do any International transaction with easy mode It's very useful to exchange cyroto currency like bitcons to our money

Cons

Processing time is too long while withdraw ti bank accounts

Rating breakdown

Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Muhammad I.

Payoneer, A Perfect Place For Freelancers

2021-08-27

I'm using Payoneer to receive payments from Fiveer and freelancing platforms, and I never get into trouble.

Pros

Multiple currencies are also an amazing feature of Payoneer, I used to receive payments from my USA clients in USD, and from others, I use to send requests in EUR.

Cons

Another thing that I wishing in Payoneer is, Payments requesting invoices. I wish that Payoneer should be an option of generating voice to request payments to our clients. whenever I use to click on "request payments" it shows me my bank account details and says for sending my bank account details to my clients.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Md Mahbub A.

Account Approval System Is Like Hell, Never Expected With Payoneer

2021-09-15

They just say “due to suspicious activity” you are permanently blocked which is like WTH?

Pros

Easy integration with the popular platforms e.g fiverr, upwork, envato, etc.

Cons

That accounts can be blocked anytime without any notice. Payments for services can also be held no matter what unless clients called them to confirm services were done.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

3/10
Source: Capterra
Helpful?   Yes   No
Read more
Valeria S.

well done

2019-05-23

positive experience, customer service has answered my question on facebook multiple times, The cards I ordered arrived in 4-5 days, very fast.

Pros

It has multiple bank accounts that can be used at the same time.

Cons

It doesn't allow to use the money and use it the currency of your local country.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Nina G.

I learned to like

2021-05-27

Unlike the competitor, the payonner transfers the money from the app to my bank account on the same day, no matter what time of day, this is the difference for me.

Pros

Both on the website and in the app, it is simple to transfer money and the difference is that we can pay between payoneer accounts, pay to bank accounts and request payments.

Cons

The negative point is the amounts charged for money received in dollars, for countries where the currency is devalued, three dollars make a difference.

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Irene K.

Lacking flexibility and functions

2021-01-12

I am using Payoneer on a daily basis. It is secure and got faster over the years.

Pros

It is easy to set up and you may set up multiple currencies at once to receive payments on local bank accounts without any incoming payment fee.

Cons

You can only pay by the Payoneer debit card (one per currency) or pay directly to a Payoneer account via email.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Desmond C.

Having accounts with foreign banks is so dope

2020-09-16

Payoneer is really cool, what attracted me first was my ability to withdraw directly to my bank account, it became my Paypal alternative, since Paypal has some restrictions on my country (Nigeria).

Pros

First to mention is the fact that by successful signup with Payoneer, I automatically have accounts with 3 different foreign banks with their currencies and could apply to get 2 more, it comes with a real bank account details, it's so unique to Payoneer (as far as I know), and once I receive payments to these accounts, it shows in my Payoneer balance.

Cons

First to note off their excessive charges, if u don't use your account within 12-months you also get charged, absurd, they should review their charges.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Rifat A.

Perfect Method to Receive Money from My International Clients

2020-11-07

This is the best way to receive global payment from my clients.

Pros

For me, most exciting feature of payoneer is, I can send my money to my younger brother's bank account directly which saves my time to send his tuition fees.

Cons

I can remember, I had an issue to receive my payment, I emailed them, but it was not solved within a day, but, when I made a phone call to them, it was solved within 5 minutes!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Andrew H.

Transfer your money world wide easily

2021-03-12

Pros

It is the easiest tool to transfer money from the freelancing platforms and connect it with your bank account It allows you to have an online bank account with different currencies

Cons

It takes alot of time to approve linking your account with payoneer

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Francisco B.

Virtual wallet.

2019-08-13

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
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Francis C.

Excellent choice for currencies

2019-09-10

Payoneer has helped me a lot, because I got my first dollar account and also a foreign currency bank account, plus I can open another second bank account and it's great.

Pros

It is a great company, we can have foreign currency accounts such as dollars or euros, and also gives us a debit card that they send anywhere in the world.

Cons

It is a good company, but the prices they have in terms of annual fees or to activate the card should lower them and they should also be able to offer more services available to everyone since few people can pay the payoneer fees. But if it offers you good benefits since we can use this card anywhere in the world if you need to travel, you are only sure of being able to pay the fees for using this card.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Isabel Cristina C.

It is reliable

2021-08-15

It works perfectly I my money is always on time on my account. The notifications are timely too.

Pros

It gives you what you need at every moment making the process very intuitive.

Cons

The interface could be a little bit better with regards of navigation.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Dalmir A.

Payoneer

2021-04-03

Describing the experience I have with Payoneer, in a nutshell, is that I am just on the way to 5 months of use, I believe, and when I found out where to push for this payment processor to work for me everything changed, I have no complaints.

Pros

Hello, this is my review: when I didn't know how Payoneer works, I had a lot of criticism and couldn't wait to make reviews about it, but when I researched it, I found a lot of good reports and I didn't understand why I wasn't enjoying this too, so I looked for solutions, and I managed, I now have international accounts without ever leaving my country for these countries where I have accounts open, it is incredible, as a Freelancer I receive my payments normally.

Cons

Hello, this is my cons review: the only cons I have is that the GBP account is an account only for receipts and not for sending, as the fees you don't even feel that much but it does make a difference.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Carlos T.

Payoneer payment wallet

2019-08-25

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

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
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Lauren¿iu C. D.

Great for internationals needeing an US account!

2021-09-06

Overall, really good experience with this bank/e-banking platform, they send you your card in less than 2 weeks, the card can be managed from the APP easily (freeze, etc). All in all, I love Payoneer and I have been using their services for over 8 years now! Since 2013! Great company.

Pros

They also provide a mobile APP for both Android and iOs, that helps me check my balance really fast!

Cons

They lack some of the integrations with different e-commerce platforms.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more