Payoneer
Your partner for global commerce.
Overview
Payoneer is a financial services company that provides online money transfer and digital payment services. It is widely used by businesses to pay international freelancers, contractors, and suppliers. The platform allows users to send and receive funds in multiple currencies, manage virtual bank accounts in different countries, and withdraw funds to local bank accounts or via a Payoneer card. It simplifies cross-border B2B payments for companies of all sizes.
✨ Key Features
- Cross-border payments to 200+ countries
- Payments in 150+ currencies
- Local receiving accounts (USD, EUR, GBP, etc.)
- Mass payout services
- Integration with freelance marketplaces
- Payoneer Debit Card
- VAT payments
🎯 Key Differentiators
- Strong focus on B2B cross-border payments.
- Deep integrations with major global marketplaces.
- Ability to issue local receiving accounts in multiple currencies.
- Working capital solutions for sellers.
Unique Value: Simplifies global commerce by making it easy and cost-effective for businesses and professionals to pay and get paid across borders and currencies.
🎯 Use Cases (4)
✅ Best For
- Facilitating payments from US/EU companies to international contractors.
- Sending mass payouts for online marketplaces.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies looking for an all-in-one HR and payroll platform for W-2 employees.
🏆 Alternatives
More focused on the B2B and marketplace ecosystem than PayPal. While Wise is a strong competitor for money transfers, Payoneer has deeper roots and more tailored solutions for marketplace sellers and freelancers.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
Free tier: No monthly fees to have an account. Transaction fees apply.
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