Payoneer

(4.0/5)
Visit Website
Overview
Payoneer is a globally renowned payment gateway software that allows its users to do online credit card transactions. It helps in eliminating the complexities of cross border payments by creating a standardized system for global e-commerce and providing businesses with an easy way to accept international cards anywhere in the world.
Pros
  • Can receive payments from abroad
  • Amazing UI
  • Can work on both – work as well personal accounts
  • Reasonable exchange rates
  • Safe
Cons
  • Excessive per transaction charges
  • Expensive
  • Slow
  • Notification glitches
Verdict
Payoneer has had a variety of problems this year but if anything it is worth mentioning is that it cares about its customers and solves any kind of inconvenience that causes problems to its users without sparing any expense.

Comments

By Yasmine Brody
Yasmine Brody

February 10, 2022

Payoneer takes a couple of working days to transfer the amount in the local bank account, which at times become very frustrating. Unlike Wise and Skrillex, it also has a higher conversion rate relatively.

By George Arkin
George Arkin

February 01, 2022

Payoneer has an OS app whose interface is very friendly to me. I have trust in the security system of Payoneer. I have got several times solutions from the customer care of Payoneer. However, I feel it charges a little higher conversion fees than Wise and PayPal.

By Alfonso Dawkins
Alfonso Dawkins

January 05, 2022

Our organization uses Payoneer to settle and process payments to and from clients outside the country (USA). These clients are frequently medium to large-sized businesses, and it wasn’t easy to navigate their payment provider preferences until we started using Payoneer. None of our clients have ever had a problem paying us via Payoneer, which has saved us countless hours in communication.

By John McCain
John McCain

November 19, 2021

Overall Payoneer is good, but I don’t like its long processing time. Also, the balance gets blocked whenever there is a refund of payment in the account. The blocked balance can only be unblocked by the customer support team. On the other hand, Payoneer is quick, reliable, safe, and charges pretty decent processing fees.

By Jim Carter
Jim Carter

October 26, 2021

The best thing about Payoneer is that while paying and receiving international payments, it charges very little commission as compared to other competing platforms like PayPal, Stripe, Skrill, and others. Also, I love its ability to process mass business payments across multiple platforms.

By Bill Logon
Bill Logon

September 23, 2021

Facing some issues that people have with Payoneer’s customer support.

By Olivia Temper
Olivia Temper

September 18, 2021

The UX of the website isn’t my favorite either, but I think it is very functional and it works as intended.