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Payoneer

Tekpon Score
8.5

Payoneer Reviews

& Product Details

What is Payoneer?

Payoneer is a financial services platform that provides businesses with the ability to make and receive international payments, manage digital businesses, access capital, and expand into global marketplaces. It offers a range of features and services to support various sectors, such as freelancers, e-commerce, content creation, digital marketing, travel, and music royalties.

With it, users can open local receiving accounts in different currencies, receive payments from marketplaces and clients worldwide, request payments from international clients, withdraw earnings to local bank accounts at low rates, pay VAT authorities in the EU and UK, pay suppliers, and access working capital. Also, it provides APIs and integration options for businesses to streamline their payment processes and offer financial services to their users.

Overall, Payoneer aims to simplify cross-border payments, reduce fees, provide global access, and support the growth of digital businesses in the global economy.

Best For

Send and receive money locally and internationally
  • StartUps
  • Freelancers
  • Small Business
  • Medium Business
  • Large Enterprise
  • Non-profit Organization
  • Personal
  • Cloud, SaaS, Web-Based
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Company Name

    Payoneer

  • Located In

    United States

  • Website

    payoneer.com

Starting from:

$29.95 /year

Pricing Model: Subscription

  • Free Trial
  • Free Version

Pricing Details:

Payoneer offers transparent pricing with low fees. Users can receive payments for free from other Payoneer customers, with fees for direct client payments (3% credit card, 1% ACH bank debit). Withdrawals to local bank accounts vary (up to 2% or fixed fees). Paying recipients incurs fees (up to 2% or fixed fees). Additional fees include currency transfers (0.5%), annual account fee ($29.95), and escheatment fee (variable).

  • Data Security
  • Payment Processing
  • Reporting/Analytics
  • Payment Fraud Prevention
  • Multi-Currency
  • Gift Card Management
  • Accounting Integration
  • PCI Compliance
  • Mobile Payments
  • Online Payments
  • Electronic Payments
  • Status Tracking
  • Mobile Access
  • Billing & Invoicing
  • Invoice Processing
  • Invoice Management

Additional Features

  • Global Payments
  • Secure Transactions
  • Instant Transfers
  • Withdrawal Options
  • Online Invoicing
  • Payment Tracking
  • Prepaid Mastercard
  • Escrow Services
  • Mass Payout
  • Customer Support
  • Tax Administration
  • Payment Request
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