Payoneer Logo
Payoneer Logo
Payoneer Inc.

Payoneer

7.4 /10
Category
Payoneer
7.4 /10

What is Payoneer?

Your Payoneer account is your key to unlock a universe of opportunities. Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Company Details


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Awards & Recognition

Payoneer won the following awards in the Payment Processing category

Payoneer Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Payoneer.

85 Likeliness to Recommend

1
Since last award

90 Plan to Renew

1
Since last award

90 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+75 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Payoneer?

8% Negative
0% Neutral
92% Positive

Pros

  • Reliable
  • Trustworthy
  • Unique Features
  • Fair

Feature Ratings

Average 81

Multi Currency

90

Credit Card Processing

88

Digital Wallet Integration

87

Security

85

Recurring Payments

85

E-Commerce Integration

81

Mobile Payments

81

Integration With Accounting System

78

Reporting Analytics

77

POS Verification

75

Customer Support

74

Vendor Capability Ratings

Average 79

Usability and Intuitiveness

85

Product Strategy and Rate of Improvement

84

Breadth of Features

83

Quality of Features

83

Vendor Support

83

Business Value Created

81

Ease of Implementation

80

Ease of IT Administration

77

Ease of Data Integration

70

Availability and Quality of Training

69

Ease of Customization

66

Payoneer Reviews

Amir C.

  • Role: C-Level
  • Industry: Media
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Jun 2022

Decent payment solution program

Likeliness to Recommend

8 /10

What differentiates Payoneer from other similar products?

Payoneer works at some select regions in the world. Not as extensive as Paypal but a lot of smaller businesses prefer Payoneer over Paypal's platform.

What is your favorite aspect of this product?

They're the same features like every other payment platform.

What do you dislike most about this product?

I wish there was a program with smaller fees for small businesses

What recommendations would you give to someone considering this product?

It's pretty good. Give it a go!

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Anderzon H.

  • Role: Finance
  • Industry: Electronics
  • Involvement: Vendor Selection and Purchasing
Validated Review
Verified Reviewer

Submitted May 2022

Very popular but lacks features

Likeliness to Recommend

5 /10

What differentiates Payoneer from other similar products?

Payoneer is very popular worldwide, that makes it a bit interesting and that's why many people try it, but I think that its relationship with Amazon has helped it a lot so that its fame grows.

What is your favorite aspect of this product?

I really like that its services are almost global and that almost any entrepreneur from any country can use it, its multi-currency method is also very good, since it helps to expand our business a lot.

What do you dislike most about this product?

The collection interface is not nice and its integration with ecommerce platforms is not very nice, I think it needs better customization.

What recommendations would you give to someone considering this product?

That for its price it is advisable to use it and that they also do not ask for many documents to access their services, that is very good.

Pros

  • Saves Time

Cons

  • Slower Product Innovation
  • Vendor Friendly Policies
  • Under Delivered

shaikh a.

  • Role: Industry Specific Role
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted May 2022

A Reliable Payment Gateway Platform

Likeliness to Recommend

10 /10

What differentiates Payoneer from other similar products?

The simple registration and fast account verification which in my case was verified within an hour is one of the features which differentiates Payoneer from other similar products. Also, best thing is Payoneer is accepted by almost all freelancing sites, UHRS, website testing platforms like U Test, Digivante, Testbirds, and many more. Another thing which differentiates Payoneer is, we can track each transactions from sending to receiving at any time and anywhere.

What is your favorite aspect of this product?

The best thing about Payoneer is the engaging user-friendly interface, with the simple registration process and fast account verification. Using Payoneer we can receive money from all over the world, and in all form of currency whether it is USD, GBP, EURO, etc. Payoneer does not charges any commissions all our money gets deposited into our account in less than 24 hours. We also don't need to worry about the currency conversion, Payoneer automatically converts all types of currencies into our local currency form.

What do you dislike most about this product?

The only dislike part is Payoneer requires us to make two different accounts, one for sending money and one for receiving money.

What recommendations would you give to someone considering this product?

i would recommend Payoneer to all the freelancers, as it is the most secure and reliable platform for managing your money. Payoneer is expanding at a rapid rate and almost all the freelancing, website testing, UHRS vendors, have shifted their payment processing through Payoneer, you also don't need to worry about the currency exchange, Payoneer will do the work for you for converting all types of currencies into our local currency, which gets deposited into our account in less than 24 hours without any tax deductions.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing