Payoneer Reviews
(Rated by 12 users)
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Payment Methods
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Overall Rating
4.5
Base on 12 Reviews
Ratings by Feature
Ratings by Feature
- Shipping & Delivery4.4
- Customer Service4.0
- Good Value4.3
- Price & Quality4.3
- Return Policy4.0
Recent Customer Reviews (12)
Tom Woodward
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Theresa Volker
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Maria Gonzalez
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Veronica Ryzaev
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Sherie Fields
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Charles Mashburn
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Jade Farmer
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Matthew Sanders
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Kristine McCollum
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Tilde Hedegaard
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Payoneer Pricing
Withdrawal Fees
$1.50 - $3.00
Payoneer Pros & Cons
Pros
1
Global Payment Options: Payoneer offers global payment options in over 200 countries and territories, allowing businesses to receive and send payments internationally.
2
Seamless Integration: It provides seamless integration for businesses, especially for remote work and freelance payments, making it easy to manage finances.
3
Multi-Currency Support: Payoneer allows users to receive payments in multiple currencies, including USD, GBP, EUR, MEX, AUD, JPY, and CNY, which helps in saving on exchange rate fees.
4
User-Friendly Interface: The platform has a simple and friendly user interface, making it easy to view payment history and manage accounts.
5
Quick Customer Support: Payoneer is known for its quick and efficient customer service, which helps in resolving issues promptly.
6
Secure Platform: It offers comprehensive fraud protection and is considered a secure platform for financial transactions.
7
Prepaid Debit Card: Users can opt for a prepaid debit card, which can be used to make payments and withdraw funds from ATMs.
CONS
1
High Fees: Payoneer has relatively high fees compared to other online payment services, which can be a significant drawback for some users.
2
Delayed Access to Funds: There have been instances where Payoneer holds funds for extended periods, causing inconvenience and potential cash flow issues.
3
Customer Service Issues: Some users have reported inconsistent customer support, with slow response times and unresolved issues.
4
Limited Service in Some Regions: Payoneer is not available in all regions, which can limit its use for businesses operating in those areas.
5
Occasional Delays in Fund Transfers: There have been occasional delays in fund transfers, which can be frustrating for users.
Payoneer Features and Benefits
Features
Cross-Border Payments
Payoneer enables users to send and receive payments in over 200 countries and territories, supporting multiple currencies including USD, EUR, GBP, CAD, AUD, JPY, and CNH.
Currency Conversion
Funds can be held in multiple currencies, and the card automatically converts funds at competitive exchange rates when transactions are made in different currencies.
Instant Fund Loading
Users can easily load funds onto their Payoneer card in real-time, directly from their Payoneer account.
Advanced Security Measures
Payoneer uses PCI-compliance, two-factor authentication, data encryption, and account monitoring for suspicious activity to protect customer payment history data and prevent fraud.
Platform Integrations
Payoneer can be seamlessly integrated with various platforms and marketplaces, including Amazon, eBay, Shopify, Upwork, and Fiverr, making it easy to receive payments directly into the Payoneer account.
Competitive Exchange Rates
Payoneer facilitates international bank transfers, offering competitive exchange rates and transparent pricing to send money globally with ease and cost-effectiveness.
QR Codes and OTP
Users can opt for contactless payment methods such as QR codes and one-time passwords (OTP) to avoid physical interaction during transactions.
Transparent Pricing
Payments between Payoneer accounts are free, and other transactions have refreshingly low fees. The fees are transparent, ensuring no unpleasant surprises.
Good Customer Support
Payoneer provides good customer support and dispute resolution processes through chat and chatbot options, or the resource center.
Suitable for Large Transactions
The platform allows clients to create Mass Payouts accounts, suitable for companies that payout at least $30,000 per month to their recipients worldwide.
Debit Card
Users can access their funds using the Payoneer Commercial Mastercard, which can be used at ATMs and POS terminals worldwide.
Virtual Bank Details
Users can receive funds via local receiving accounts, which function similarly to bank account details, allowing clients or marketplaces to send payments seamlessly.
User-Friendly Interface
The platform has a simple and friendly user interface, making it easy to view payment history and manage accounts.