Overview
What is Payoneer?
Payoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.
Read moreLearn from top reviewers
Payoneer Chaos
Rating: 1 out of 10
April 15, 2024
Vetted ReviewVerified User
I use Payoneer to get paid by my customers. I am supposed to paid an up front fee for producing content and then royalties on a regular basis following that. But in my experie...
Verified user
C-Level Executive
1 year of experience
Payoneer Review
Rating: 1 out of 10
January 16, 2024
IncentivizedVetted ReviewVerified User
In my experience, somebody got unauthorized access to my account. I believe my worst mistake was to report that it was hacked. I believe it didn't help me and it made my situa...
Director - Other
owner
Britt Malka
11 years of experience
Warning Warning Warning - DO NOT USE IT
Rating: 1 out of 10
November 27, 2023
IncentivizedVetted ReviewVerified User
Warning Warning Warning - DO NOT USE IT - Aweful ServiceTake too much time to approve payments. Proccessing time should be minimal.Edit: After the payment is approved they too...
Director - Information Technology
Founder
virtualousPRO
2 years of experience
Awful service. Don't recommend to anybody. We are planning move out to another bank from next month.
Rating: 1 out of 10
September 18, 2023
Vetted ReviewVerified User
Awful service. Don't recommend to anybody. We are planning move out to another bank from next month. We made a remittance on 24 of August. Bank requested documents from us to ...
Board Member - Human Resources
Founder
Soshace
5 years of experience
Terminated our account for no reason. Almost 10 years we used this service
Rating: 1 out of 10
May 12, 2023
Vetted ReviewVerified User
We used Payoneer for almost 10 years to pay our contractors in digital marketing field in different countries. This April they asked us to re-verify our account by submitting ...
C-Level Executive - Marketing
CEO (Chief Executive Officer)
Miromind
8 years of experience
Cancelled My Account For No Reason
Rating: 1 out of 10
April 18, 2023
Vetted ReviewVerified User
I use Payoneer to pay a vendor in Armenia. It is the only payment platform we can use.I have used this site for over a year now and 1 day I get an email out of the blue saying...
C-Level Executive - Corporate
owner
valeria fine jewelry
1 year of experience
Almost destroyed my business, blocked account, gave fake deadlines, can't decide what they need to unlock it
Rating: 1 out of 10
March 8, 2023
Vetted ReviewVerified User
They blocked my account with a 5-digit amount of money. Then, couldn't agree on what they needed from me to unlock it, and were giving me fake deadlines for unblocking and alw...
C-Level Executive - Corporate
CEO (Chief Executive Officer)
EMRG Capital
5 years of experience
Payoneer Review
Rating: 1 out of 10
December 27, 2022
Vetted ReviewVerified User
They can block any of the transactions you make for no reason, place them on hold on it and keep using your money for free for weeks. Customer support lied to me as if the ret...
Executive - Other
owner
own
6 years of experience
Payoneer is a complete nightmare, don't use - your employees will hate you.
Rating: 1 out of 10
November 18, 2022
Vetted ReviewVerified User
It's a complete nightmare to even change my bank account and get my money through this joke of a company. The worst site I've ever tried to use and impossible to get any custo...
Director - Customer Service
Entrepeneur
Bright Wizard Media
2 years of experience
Poor Support. Would Not Recommend this Software
Rating: 1 out of 10
September 27, 2022
Vetted ReviewVerified User
The customer service team have been awful. Trying to get simple information after 4 weeks is unacceptable. Constantly chasing and being overpromised with no responses. Very di...
Director - Manufacturing
CEO (Chief Executive Officer)
Maxwell - Scott
1 year of experience
Worst customer service from Payoneer everytime
Rating: 1 out of 10
May 20, 2022
Vetted ReviewVerified User
I was using this Payoneer service for 7 or more years, it was never above average but at that time it was the only option... But now they have gone too far in terms of bad ser...
Verified user
Engineer
7 years of experience
The best solution for e-commerce sellers, freelancers, and business owners to receive payments from marketplaces and international clients
Rating: 10 out of 10
March 24, 2022
IncentivizedVetted ReviewVerified User
I use Payoneer as an account to receive payments and send payments from abroad, manage my funds related to my digital services. The problems that I previously encountered with...
General Manager - Sales
Realtor
Rivas & Rivas Realty
1 year of experience
Convenient and easy way to transfer funds across borders
Rating: 10 out of 10
March 24, 2022
IncentivizedVetted ReviewVerified User
I used Payoneer to accept payments from foreign clients. This service has a fairly low commission for transfers. An important factor is that it is very popular, which greatly ...
Director - Other
Owner
Electronov.net
3 years of experience
Deep review of Payoneer for practical and everyday business use
Rating: 7 out of 10
March 24, 2022
IncentivizedVetted ReviewVerified User
Have been using Payoneer since it first appeared on the market. It helped me run my business, because as I am a US person not a US citizen, it allowed me to have US bank accou...
C-Level Executive - Corporate
Owner/CEO
Alith Worldwide Inc
20 years of experience
Not bad, but if your country supports it, go with something else
Rating: 6 out of 10
March 24, 2022
IncentivizedVetted ReviewVerified User
We used Payoneer to help facilitate payment to international independent contractors and service providers. We needed a solution that would work across a variety of geographie...
Verified user
Engineer
1 year of experience
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Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Reviewer Pros & Cons
Pricing
View all pricingN/A
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What is Payoneer?
Payoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
43 people also want pricing
Alternatives Pricing
What is Stripe Payments?
Stripe is a payment gateway software solution which supports a range of payment related needs such as subscription management and recurrent billing via Stripe Billing, integration with third party payment services via the Stripe Connect API, assistance starting an Internet business which accepts…
What is PaySimple?
PaySimple is a payment gateway software solution offered by PaySimple.
Product Demos
Payoneer 360 Demo
YouTube
How To Get Euro Payment Service From Payoneer
YouTube
Features
Payment Gateways
The technology used to accept credit cards, debit cards, and other payments from customers.
1.5
Avg 6.5
3.4
Fraud Detection
(8)
Ratings
Ability to detect fraudulent transactions while allowing legitimate transactions
1
API or SDK
(4)
Ratings
Tools to interact with payment gateway code
1.2
Recurring Payment Support
(6)
Ratings
Ability to support subscriptions and recurring payments
1
Billing and Invoicing Support
(9)
Ratings
Billing a client for work done
1.1
Global Support
(9)
Ratings
Supports many currencies and languages
1.4
Payment Form Acceptance
(8)
Ratings
Ability to accept many different forms of payment
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Payoneer?
Payoneer is a partner for digital commerce,everywhere. From borderless payments to boundless growth, Payoneerpromises any business, in any market, the technology, connections andconfidence to participate and flourish in the new global economy.
Payoneer Video
A Universe of Opportunities | Payoneer connects the world together on a single platform, to make it as easy to do business globally as it is locally.Whether sending or receiving marketplace payouts, getting paid by international clients, payingremote contractors, optimizing...
Show MorePayoneer Competitors
- Wise
- PayPal Zettle
- Adyen
- kevin.
- Visa B2B Connect
- Finix
- Alipay
Payoneer Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | Apple iOS, Android |
Frequently Asked Questions
Payoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.
Wise, PayPal Zettle, and Adyen are common alternatives for Payoneer.
Reviewers rate Fraud Detection highest, with a score of 3.4.
The most common users of Payoneer are from Small Businesses (1-50 employees).
Comparisons
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Reviews and Ratings
(47)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content?
- Business Problems Solved
- Pros
- Cons
- Recommendations
Payoneer is a versatile payment gateway that has been widely used by freelancers, vendors, and businesses to facilitate hassle-free transactions without tax deductions. Users have reported positive experiences with the platform, highlighting its ability to receive money from different vendors and tester sites without any hassle or commission charges. The quick and simple registration process, with account verification typically taking less than an hour, has been praised by users who appreciate the seamless onboarding experience. One of the key advantages of Payoneer is its flexibility in receiving money from anywhere in any currency, which can then be easily deposited into the user's bank account within 24 hours. This feature has made Payoneer popular among international freelancers and businesses who need to receive payments from clients around the world. Additionally, referring Payoneer to others can result in earning through their first transactions, making the platform an all-rounder earning solution.
However, some users have encountered issues with Payoneer's transaction blocking feature, which blocks transactions without reason and causes inconvenience and delays in accessing funds. The customer support provided by Payoneer has also been inconsistent according to user feedback, with some feeling misled or frustrated by the lack of assistance. Another area of concern highlighted by users is the payment approval process, which can take longer than expected and cause delays in receiving funds. Users have expressed dissatisfaction with the annual fee charged by Payoneer, especially if it is deducted from a small payment amount. Additionally, resolving issues with Payoneer accounts has proven challenging for some users, who have reported difficulties in reaching a resolution and even account closure without a clear explanation.
Despite these limitations and support issues, Payoneer continues to be regarded as one of the best solutions for receiving international remittance and converting it into local currency. Its ease-of-use and wide range of use cases have made it valuable for freelancers, businesses with international clients, and even industries like music where it facilitates the collection of mechanical royalties. Users appreciate Payoneer's convenience, security, and ability to simplify financial transactions across borders. Many businesses have integrated Payoneer into their operations, leveraging its payment gateway capabilities for mass payouts, online shopping, payment for goods and services, and withdrawal of money from banks. The platform's integration with accounting software has also made it a convenient solution for accepting online payments. Overall, despite some challenges reported by users, Payoneer serves as a reliable and versatile payment gateway for various user needs.
Global Acceptance: Many users have praised Payoneer for its wide acceptance worldwide, allowing them to easily send and receive payments internationally. This feature has been appreciated by a significant number of reviewers.
Nominal Exchange Rates: Several users have mentioned that they appreciate the nominal exchange rates offered by Payoneer compared to similar platforms like PayPal. This has been seen as a positive aspect by numerous customers.
Useful Tracking Feature: The tracking feature provided by Payoneer has been found useful by many reviewers for keeping tabs on their transactions, payments, and balances. Users have expressed their satisfaction with this feature in their feedback.
Slow customer service resolution: Several users have complained about the slow resolution of issues by the Payoneer customer service team. Users feel frustrated with the lack of prompt assistance and express a desire for faster response times.
Limited availability for international payments: Some users have reported that sending and receiving payments from certain countries is still not available on Payoneer. This limitation hinders their ability to conduct business globally and is seen as a significant drawback by these users.
Long time for international payments: There are mentions of international payments taking more than a week to be received, which is perceived as a long time by users. This delay in receiving funds can cause inconvenience and affect cash flow for businesses relying on timely transactions.
According to user reviews, recommendations for Payoneer include improving website security and design, considering it as an alternative to PayPal, and using it for international trade. Users highly recommend that Payoneer enhance the security of its website and improve its design with more vivid colors. They also suggest utilizing Payoneer as a safe and efficient payment platform, especially as an alternative to PayPal. Many users find Payoneer particularly useful for international trade, stating that it is the best alternative to PayPal for online transactions. Overall, users highly recommend Payoneer for its high-quality service, security, and user-friendly interface.
Reviews
(1-25 of 29)
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Payoneer Chaos
Rating: 1 out of 10
April 15, 2024
Verified User
Vetted Review
Verified User
1
year
of experience
Payoneer Review
Rating: 1 out of 10
Incentivized
January 16, 2024
BM
owner
Britt Malka (E-Learning, 1-10 employees)
Vetted Review
Verified User
11
years
of experience
Pros and Cons
I believe they are great at charging fees both for paying for products and for receiving money
I believe they can accept payments from Amazon KDP and ClickBank
In my opinion, hey are excellent in making life tough for honest account holders
Awful service. Don't recommend to anybody. We are planning move out to another bank from next month.
Rating: 1 out of 10
September 18, 2023
NB
Founder
Soshace (Human Resources, 1-10 employees)
Vetted Review
Verified User
5
years
of experience
Pros and Cons
Make payment transfers
Terminated our account for no reason. Almost 10 years we used this service
Rating: 1 out of 10
May 12, 2023
DS
CEO (Chief Executive Officer)
Miromind (Marketing & Advertising, 11-50 employees)
Vetted Review
Verified User
8
years
of experience
Pros and Cons
Fast payments to different countries
Good reporting features
Cancelled My Account For No Reason
Rating: 1 out of 10
April 18, 2023
lh
owner
valeria fine jewelry (Retail, 1-10 employees)
Vetted Review
Verified User
1
year
of experience
Pros and Cons
safe transactions
Almost destroyed my business, blocked account, gave fake deadlines, can't decide what they need to unlock it
Rating: 1 out of 10
March 08, 2023
YN
CEO (Chief Executive Officer)
EMRG Capital (Marketing & Advertising, 11-50 employees)
Vetted Review
Verified User
5
years
of experience
Pros and Cons
Receiving payments
Payoneer Review
Rating: 1 out of 10
December 27, 2022
KK
owner
own (Design, 1-10 employees)
Vetted Review
Verified User
6
years
of experience
Payoneer is a complete nightmare, don't use - your employees will hate you.
Rating: 1 out of 10
November 18, 2022
JE
Entrepeneur
Bright Wizard Media (Consumer Services, 1-10 employees)
Vetted Review
Verified User
2
years
of experience
Poor Support. Would Not Recommend this Software
Rating: 1 out of 10
September 27, 2022
WF
CEO (Chief Executive Officer)
Maxwell - Scott (Consumer Services, 11-50 employees)
Vetted Review
Verified User
1
year
of experience
Pros and Cons
Poor Customer Response
Lack of Fixing issues
Worst customer service from Payoneer everytime
Rating: 1 out of 10
May 20, 2022
Verified User
Vetted Review
Verified User
7
years
of experience
Pros and Cons
it was the only solution early in the days when i started freelance
The best solution for e-commerce sellers, freelancers, and business owners to receive payments from marketplaces and international clients
Rating: 10 out of 10
Incentivized
March 24, 2022
LR
Realtor
Rivas & Rivas Realty (Real Estate, 1-10 employees)
Vetted Review
Verified User
1
year
of experience
Pros and Cons
Easy account opening
Transfers to international accounts
Convenient and easy way to transfer funds across borders
Rating: 10 out of 10
Incentivized
March 24, 2022
VC
Owner
Electronov.net (Retail, 1-10 employees)
Vetted Review
Verified User
3
years
of experience
Pros and Cons
Low commission
Fast transfer speed
Famous service
Deep review of Payoneer for practical and everyday business use
Rating: 7 out of 10
Incentivized
March 24, 2022
RF
Owner/CEO
Alith Worldwide Inc (Computer Hardware, 51-200 employees)
Vetted Review
Verified User
20
years
of experience
Pros and Cons
Transfer money from your Stripe account to your Payoneer Bank and then Payoneer card
Withdraw money at an ATM using the card, although way too expensive.
Payments using the card online
Not bad, but if your country supports it, go with something else
Rating: 6 out of 10
Incentivized
March 24, 2022
Verified User
Vetted Review
Verified User
1
year
of experience
Pros and Cons
Low fees
Broad geographic support
Easy to use, secure and very flexible
Rating: 10 out of 10
Incentivized
March 24, 2022
Verified User
Vetted Review
Verified User
4
years
of experience
Pros and Cons
Seemless integration with other payment options or bank cards. You can use it in any ATM or complete transactions to a variety of banks
It can be used internationally without many fees
The platform is easy to understand, very user friendly
Customer support is also on point most of the time and they have chat options (which is good if you have a busy day, you don't have to be on the phone).
Don't recommend Payoneer
Rating: 5 out of 10
Incentivized
March 23, 2022
Verified User
Vetted Review
Verified User
3
years
of experience
Pros and Cons
I don't feel that Payoneer does things particularly well.
Payoneer has made sending and receiving international payments easier than ever before.
Rating: 7 out of 10
Incentivized
March 23, 2022
AD
CTO (Chief Technical Officer)
Azoora, Inc. (Information Technology & Services, 51-200 employees)
Vetted Review
Verified User
6
years
of experience
Pros and Cons
Send Payments Internationally.
Receive Payments Internationally.
Purchase Products/Services Internationally.
Provide International Bank Accounts.
Work globally without much worry
Rating: 9 out of 10
Incentivized
March 23, 2022
JM
Database Operator
Viberate (Entertainment, 51-200 employees)
Vetted Review
Verified User
3
years
of experience
Pros and Cons
Direct withdrawals to bank account in local currency.
Receive money in a variety of currencies.
Low fees
The best payment platform for freelancers
Rating: 10 out of 10
Incentivized
March 23, 2022
Verified User
Vetted Review
Verified User
6
years
of experience
Pros and Cons
High security
Transfers are very quick
Multiple currencies available to work with
They provide your very own MasterCard
Payoneer: A Secure Payment Gateway for International Transactions.
Rating: 10 out of 10
Incentivized
March 23, 2022
AS
Subject Matter Expert
Chegg Inc (E-Learning, 501-1000 employees)
Vetted Review
Verified User
4
years
of experience
Pros and Cons
Quick and simple registration process, and account verification within an hour.
Can receive money from anywhere and in all currencies like USD, GBP, EURO, etc.
No tax deductions and commissions charges, all the transactions are done in a clear and crystal manner.
Almost all freelancing sites have Payoneer as a payment option, hence we can use it on all freelancing and UHRS vendor sites.
Want to grow your business across the globe use Payoneer as your payment partner at minimal cost
Rating: 8 out of 10
Incentivized
March 04, 2022
PS
AI reporter
Leapus technologies pvt ltd (Marketing & Advertising, 201-500 employees)
Vetted Review
Verified User
3
years
of experience
Pros and Cons
It is very well accepted world wide and also accepts more than 150 currencies.
A decent and nominal exchange rates of currency as compared to similar platforms like PayPal.
I can keep track of all the transactions, payments, balance, etc using Payoneer.
It is because of Payoneer we can grow our business globally.
Work internationally and grow your business without worrying about payments as Payoneer is there to get it.
Rating: 8 out of 10
Incentivized
February 26, 2022
PS
AI Reporting
Pyxis One (Marketing & Advertising, 201-500 employees)
Vetted Review
Verified User
5
years
of experience
Pros and Cons
The best part of Payoneer is that there is no deduction of any commissions like we have in PayPal.
I always get notifications regarding the remuneration which helps me in tracking my money.
The payments gets automatically transfer to my bank account without any hassle.
The conversion rate of the currency is higher than other payment tools like PayPal.
Simplify your international money transfers and collection with Payoneer
Rating: 8 out of 10
Incentivized
February 18, 2022
DO
Mentor & Coach
Mastery To Success Pty Ltd (Professional Training & Coaching, 1-10 employees)
Vetted Review
Verified User
8
years
of experience
Pros and Cons
Receive royalties from book sales on Amazon
Transfer royalties payment to our local bank account
Debit card to use funds in our wallet
Simple and easy to use user interface
Collect in multiple currencies
A world-class,popular and powerful tool for online payments.
Rating: 10 out of 10
Incentivized
January 31, 2022
BM
Key Account Manager
Procter & Gamble (Consumer Goods, 10,001+ employees)
Vetted Review
Verified User
3
years
of experience
Pros and Cons
It's simple to send and receive funds online with Payoneer.
Ease to track payments transactions.
Secure and fast to use.
Ease of converting money to multiple currencies.
Ease to add debit and credit cards.
Total monthly payout continues to grow at ferocious pace.
Rating: 10 out of 10
Incentivized
January 14, 2022
AR
Data Engineering - Business Intelligence
Galileo Financial Technologies (Financial Services, 201-500 employees)
Vetted Review
Verified User
2
years
of experience
Pros and Cons
Provides a quick, easy and compliant way to receive funds no matter [what] we are in the world.
Provides multiple ways to withdrawal funds in local currency.
Makes the selling process as easy as possible.