Payoneer

Pros

What I like most is that it has the option to have multiple currencies from euros, dollars to pounds sterling and gives you the option of having a card associated with each currency.

Cons

What I don't like about payoneer is that you can only accept payments from Payoneer partner companies and other user accounts that already have Payoneer accounts, I would like Payoneer to have the option to accept credit card payments as Stripe and PayPal allow.

Pros

It is also easy to create an account and link to my local bank account if you live in countries other than the US. Getting online support is fast when you call internationally.

Cons

When you wish to get immediate customer support, you must contact the call center.

Alternatives Considered

Switched From

Reasons for Switching to Payoneer

Pros

It used to be South African consumer friendly.

Cons

Money was meant to be paid into my bank account [sensitive content hidden], it never happened. Unfortunately you cannot address this eith Payoneer as u are subjected to AI generated conversations & processes that judt loops & loops around. Payoneer has successfully engineered a way to steal your money without accountability and there is no way to address this.

Pros

noting, because our company want pay all freelancers with payoneer, and nothing works. we spent 10 hours time and the customer service wrote us already exact the same answer what helps uns noting. Worst customer service ever

Cons

customer service has no competence. we spent very much time for nothing. we cant send any payment. nothing, really nothing works

Pros

Super easy to use
It is very fast and reliable
Making transactions is very smooth
While making transfers there's no complications

Cons

Theres nothing wrong with payoneer
No complaints at all

Pros

It has helped me receive payments online
It is super easy to use
It is cost effective

Cons

No complaints at all
Payoneer really serves the purpose

Pros

Simple to use and with international reach that makes working with non-U.S. companies quite easy

Cons

Set-up was difficult if not contentious, with Customer Service not exactyl getting the job done quickly

Pros

-Payoneer offers a prepaid card that can be used for online and in-store purchases, as well as ATM withdrawals which is very good for people who do not want to use their banking debit card.

-Customer service for Payoneer is excellent, every customer service agent will offer his best to try and help you out.

- Ability to hold more than one currency in your account which means you will not be needing to pay fees for currency conversion

Cons

- Withdrawal fees are somewhat a lot considering other alternatives.

- Account verification takes too long

Pros

Nothing, there's an Annual Account Fee for using its service!

Pros

Somewhat straight forward, but can't use all the features because lack of customer support.

Cons

No human support at any time. All AI and automatic. Don't bother if you have issues.

Pros

What I like is that it is free, easy to open an account, and also has multiple currencies. I use Payoneer to receive payments for my freelance jobs.

Cons

When I first used it, it was not easy to understand how to link the account with a number of sites. As for Egypt, direct transfer to wallets, such as Vodafone Cash, is not available.

Pros

Making money transactions with Payoneer has been very safe and reliable because you can track payments and accept any payment method that the client can, this opens the doors to improve sales by having a secure site that ensures receiving the money

Cons

We have never had any type of failure or unaccepted payments, everything is always in order and the accounts are clear and exact without any loss

Pros

Seamless cross-border payment solutions
Flexible withdrawal options and currency conversions
Integration with popular marketplaces and platforms
Secure and compliant financial services
Responsive customer support and extensive knowledge base

Cons

Fees may vary depending on the type of transaction and currency conversion rates
Verification and approval processes may take time for new users.

Limited availability in certain countries or regions compared to other payment providers

Pros

I can receive and withdraw my money everywhere.

Cons

It could be expensive to transfer internationally if you dont have the debit card.

Pros

I don't get why it exists at all. I can't like anything since it's only an extra unnecessary layer of bureaucracy. If the companies I work with could simply pay directly to my bank... Payoneer is like that company that seems to exist to get profit and not for any other purpose. I would be even ready to pay a few bucks extra for bank fees if I could avoid using their services.

Cons

Customer support. I have had an issue for over 2 months and they can't do the simplest tasks. Every time I call and text them we start from the beginning. I know I'm talking to people and they are obliged to do everything according to the list of actions prescribed to them but sometimes seems like GPT is smarter.
For 2 months they have been working on my case (Which is super simple), they send me emails every second day and they are still on the very first step of "reviewing" the issue with a relevant team and "verifying" so that it will take 24-48 hours, please get back to us then so we can start the whole process from the beginning. The process is going on and no one can influence that. Exactly like in Kafka's books.

Pros

Easy way to receive international payments, with flexibility to send it anywhere you want. Great for when working for a company outside with a different currency.

Cons

It takes to long to receive the deposits to another bank account and the fees are high, but worth it.

Pros

I like the ease of withdrawing from Payoneer. With the hardwork you have put on everyday, payoneer makes it so much easier for you to get the money you worked hard for. I hope we go back to using payoneer again

Cons

sometimes there are felays in transferring the amount but it usually is because of local banks

Pros

NOTHING. This was a complete waste of time and effort

Cons

CUSTOMER SUPPORT IS TERRIBLE, ONLINE PORTAL IS CLUNKY

Pros

It has different currencies to use and is easy to understand. You can have a debit card for each currency you use.

Cons

The mobile app is useless. It has experienced safety issues in the past that make me unsure to recommend it.

Pros

I like payoneer because it is an easy and convenient way to send and receive payments. With payoneer, I can send payments to anyone in the world with an email address. I can also receive payments from companies and organizations. For more than a year, I have been freelancing as a side hustle and payoneer has made all my payments hassle free. Additionally, I don’t even have to go to the app to withdraw the money. Whatever payments comes to my payoneer account, it is automatically withdrawn to my bank account within 24 hours , as I’m from India.

Cons

So far, I haven’t found anything that is not to my liking.

Pros

FIRC - this document was needed by indian govt.
Transferwise was making it hard to get.
Payoneer was giving it by default.

Cons

how they charge an annual fee on top of transaction fee.
They make it super hard to cancel and move out.

Pros

The payment processing is fast and the rates are good as compared to other payment processing platforms

Cons

Isn't as versatile as other softwares that has a range of products ans softwares

Pros

The branding looks attractive and convincing.

Cons

Their core service is not guaranteed, you need to pay a registration fee and although their service doesn't work as advertised, there are no refunds. I opened an account to be able to get funds from Europe. But when trying to add a payer, the system would not allow me stating that it did not support this feature currently. Cannot get registration money back - Nowhere does it say this before registering.

Pros

It is a safe and trust software where online payements comes everyday.

Cons

The software is difficult to use for some people.

Pros

It facilitated international transactions

Cons

It was difficult to get a card shipped to me overseas