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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Payoneer

    Score8.2 out of 10
    N/APayoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.N/A

    Wise

    Score9.5 out of 10
    N/AWise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

    $0.41

    one-time fee

    Pricing
    PayoneerWise
    Editions & Modules
    No answers on this topic
    ATM Fees over 100 USD per month
    2%
    One time/%
    Accounting Funding transactions
    2%
    One time/%
    Receiving USD wire payments
    4.14 USD
    One time/%
    Getting the Wise Debit card
    5 USD
    One time/%
    Getting account details in 10 currencies
    31 USD
    One time/%
    Sending money
    From 0.41%
    One time/%
    Converting money
    From 0.41%
    One time/%
    Offerings
    Pricing Offerings
    PayoneerWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    PayoneerWise
    Considered Both Products
    Payoneer
    Chose Payoneer
    When I used TransferWise I needed to add my Payoneer banking info. Therefore, even though I used this I still needed to use Payoneer. TransferWise limits the countries that they send cards to. It would have been easier to use and it would have removed the need to use Payoneer …
    Incentivized
    Chose Payoneer
    I would say they are both similar platforms, however, TransferWise has cheaper transfer fees. I also like TransferWise's user interface better. I use both platforms for different purposes and I am happy with both platforms. Having two platforms give me more flexibility …
    Incentivized
    Wise (formerly TransferWise)
    Chose Wise
    I used all of them and some more like Skrill, Neteller. Wise just worked better for me in most cases. Also, I use Payoneer a lot. When I started freelancing I was only using Payoneer, so it's been with me forever. But Wise worked pretty well for me, at least better than Remitly.
    Incentivized
    Chose Wise
    TransferWise beats all the competition on transaction rates, and it's easy to use. I literally have found no drawbacks in using TransferWise to pay my overseas contractors, and they prefer it too. I found it because my contractor recommended it to me, and it's better AND …
    Incentivized
    Chose Wise
    • TransferWise has lower transaction fees
    • A better user interface--much cleaner, and simple to use
    • Very simple and smooth process to transfer and receive money
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    TrustRadius Insights
    PayoneerWise
    Highlights

    TrustRadius
    Research Team Insight
    Published

    Users of both Payoneer and Wise frequently utilize these services for international money transfers. Customers have consistently found both platforms to be reliable for sending money overseas, though the ease of use seems to vary between the two. For some individuals, Payoneer appears more straightforward and intuitive to navigate, while others seem to prefer Wise due to its straightforward fees and explicit exchange rates.

     

    Regarding freelance work, Payoneer has emerged as a favorite among users in this field. Many freelancers have cited it as their preferred method of receiving international payments from clients due to its relative ease of setup and use. Furthermore, businesses, especially e-commerce platforms, have expressed a preference for using Payoneer for its mature integrations with online marketplaces such as Amazon and Shopify. The users have highlighted that these integrations allow easier transactions and faster withdrawals. In contrast, Wise users have more often appreciated its multi-currency account feature, allowing them to hold and manage multiple currencies in one place, which is especially useful for those dealing with international clients or traveling frequently.

    Features
    PayoneerWise
    Payment Gateways
    Comparison of Payment Gateways features of Payoneer and Wise
    Feature
    Payoneer
    1.3
    9 Ratings
    Wise
    -
    Ratings
    Fraud Detection2.38 Ratings00 Ratings
    API or SDK1.04 Ratings00 Ratings
    Recurring Payment Support1.16 Ratings00 Ratings
    Billing and Invoicing Support1.09 Ratings00 Ratings
    Global Support1.19 Ratings00 Ratings
    Payment Form Acceptance1.08 Ratings00 Ratings
    User Ratings
    PayoneerWise
    Likelihood to Recommend
    1.0
    (30 ratings)
    9.0
    (24 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    1.0
    (2 ratings)
    10.0
    (1 ratings)