What Is Payoneer?

Cross-border payment processing solution that enables businesses to manage global payments securely.

Who Uses Payoneer?

Not provided by vendor

Where can Payoneer be deployed?

Cloud, SaaS, Web-based

About the vendor

  • Payoneer
  • Located in New York, U.S.

Countries available

Australia, Brazil, Canada, China, Germany and 5 others

Languages

Arabic, Chinese, Danish, English, Finnish and 11 others

Payoneer pricing

Starting Price:

Not provided by vendor
  • Yes, has free trial
  • No free version

Payoneer does not have a free version but does offer a free trial. Payoneer paid version starts at N/A.

About the vendor

  • Payoneer
  • Located in New York, U.S.

Countries available

Australia, Brazil, Canada, China, Germany and 5 others

Languages

Arabic, Chinese, Danish, English, Finnish and 11 others

Payoneer videos and images

Payoneer Software - Payoneer add payout method
Payoneer Software - Payoneer bank details
Payoneer Software - Payoneer payment request
Payoneer Software - Payoneer account information
View 4 more
Payoneer Software - Payoneer add payout method
Payoneer Software - Payoneer bank details
Payoneer Software - Payoneer payment request
Payoneer Software - Payoneer account information

Compare Payoneer pricing with similar products

Payoneer

N/A
Free Version
Free Trial
US$0.04/month
Free Version
Free Trial
US$0.30
Free Version
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N/A
Free Version
Free Trial

Features of Payoneer

  • Data Security
  • Payment Processing Software
  • Reporting/Analytics

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Reviews of Payoneer

Average score

Overall
4.4
Ease of Use
4.3
Customer Service
4.0
Features
4.3
Value for Money
4.2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Md abu K.
Md abu K.
Administration Officer in Bangladesh
Verified LinkedIn User
Education Management, 201-500 Employees
Used the Software for: 2+ years
Reviewer Source

A great global payment support for our organization.

5 last month New

Comments: Overall, I am satisfied with the software. It has been a blessing for our organization for paying the freelancers for various official purposes.

Pros:

This payment tool supports almost all the countries in the world. It can add & save wallets in multiple currencies including providing bank details. They provide Visa/ Mastercard which can be used to make payments & many more. The software can be accessed from a cross-platform & can be integrated to receive payments from PayPal & make payments to the freelancers. Their verification system is also fast.

Cons:

There is no way to recover the account after any accidental issue. They ban the account without hearing anything from the user & don't give any scope to restore the account under any condition.

Pius E.
Founder in Uganda
Internet, 2-10 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Payoneer

5 2 months ago

Comments: I have been using Payoneer for about 4 years now and it's been a satisfying relationship. Stripe payouts come in without issues and my withdrawals are mostly on time on time taking within 2 to 3 business days. I also pay a couple of my employees via Payoneer and there has never been a complaint.

Pros:

It processes Stripe payouts smoothly. My stripe payments come in time and are allocated to the respective receiving account accounts. For example, USD payments come into my USD receiving account and EUR payments come into my EUR receiving account. You also notice that payoneer has better exchange rates when withdrawawing your money or sending from between the receiving accounts. Payoneer works extra smooth with Stripe!

Cons:

Not much to be honest! As a payment processor, Payoneer works perfectly in all the areas that are essential for it to deliver a satisfying experience to customers. Its service is impeccable. However, as with any product that's always improving, I believe they can improve more on the mobile app by adding more actions such as adding bank accounts and better analytics covering more information.

Svyatoslav D.
Svyatoslav D.
PM in Belarus
Verified LinkedIn User
Retail, 51-200 Employees
Used the Software for: 2+ years
Reviewer Source

Money stolen

1 last month New

Comments: I withdrew to my bank account 300 euros [SENSITIVE CONTENT], the funds have not come so far. When contacting support constantly increase the timing of the decision of my question, first 21 working days, and now the term has grown to "unknown when". If you want to lose your hard-earned money - go to Payoneer.

Pros:

- Mastercard debit card - market exchange rate

Cons:

- Customer support does not solve customer issues, but writes off with boilerplate phrases - The company is not responsible for customers' money, even when it is lost through their fault.

Archna S.
Archna S.
Special Correspondent in India
Verified LinkedIn User
Media Production, 501-1,000 Employees
Used the Software for: 1+ year
Reviewer Source

Very low fees, more features and easy to setup.

5 3 months ago

Comments: Besides of my Job, I am doing Freelancing and other micro jobs in the same field(News and Media Production) and Payoneer is helping me to receive payments very easily. I have found Payoneer to be much cheaper as compared to its competitors. The payments get settled in my local Bank account automatically without much delay.

Pros:

The best thing about Payoneer is its very low fees compared to its competitors. The process of setting up Payoneer has been simplified in last few years, it now requires very less user information and becomes ready to receive payments. Payoneer provides virtual bank accounts of several popular currencies like USD, GBP, EUR, HKD etc. to receive payments from other businesses. I can simply give my Bank account details like Account Number, Routing number and Bank Name to receive payments from my freelancing and side business. Also, Payoneer can be integrated with several other platforms to receive payments. The best thing is the payments get settled in my Bank account in my local currency next day.

Cons:

The Customer Support service of Payoneer needs to be improved. The Support team takes so long to respond to urgent queries and even after that, they take so long to fix the problems. Another problem with Payoneer is that I can only use the virtual Bank accounts provided by them to receive funds from business accounts. Means, only business payments are allowed and local domestic transfers are not allowed.

Ankit S.
Senior Software Engineer in India
Information Technology & Services, 501-1,000 Employees
Used the Software for: 2+ years
Reviewer Source

Good product and services a bit expensive but secure

5 2 months ago New

Comments: I work for international software development and get paid by Payoneer in their currency and transfer that money in my Indian bank account

Pros:

Its easy to use and I don't have to worry about safety of my money. I charge my customer and they make payment to me via Payoneer and services provided by them are good

Cons:

Pricing, I feel that I am being charged a lot in conversion.