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Payoneer

4.1(2876 reviews)
Global Reach

Overview

Payoneer enables businesses and professionals to receive payments globally, offering multi-currency receiving accounts and streamlined cross-border solutions.

Features

Multi-Currency Accounts

Hold and manage multiple currencies

Cross-Border Payments

Send money internationally

FX Risk Management

Hedging and forward contracts

API Integration

Automate with developer APIs

Business Accounts

Corporate banking solutions

Personal Accounts

Individual banking services

Pros

  • Great for receiving marketplace payments
  • Wide global coverage
  • Easy account setup

Cons

  • Higher FX margins
  • Limited outbound payment options
  • Customer service varies

Best For

Freelancers
E-commerce sellers
Marketplace vendors

Pricing

Account Fee

Free

FX Markup

2-3%

Transfer Fees

Up to 2%

Regulation

Jurisdictions

USEUUK

Licenses

Multiple licenses globally

Coverage

Currencies

USD, EUR, GBP, JPY, 150+ currencies

Countries

Global coverage, 200+ countries

Ratings Breakdown

Ease of Use
4.3
Support
3.8
Value
3.9

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