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9.3

Spot Score

Payoneer - Payment Gateway Software

Payoneer Review: Is It The Right Payment Gateway Software For Your Team?

Best for SMB teams · Mid-market · Enterprise

GDPRSOC 2ISO 27001
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Payoneer offers custom pricing plan

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SpotSaaS Analysis for Payoneer

Payoneer serves as a reliable payment gateway solution for finance teams and small business owners, particularly those involved in eCommerce and international money transfers. With a rating of 4.1 out of 5 from 39,732 reviews, it is broadly validated by a large user base, indicating consistent satisfaction among its users.

Users appreciate Payoneer for its efficient customer service, which ensures quick and effective issue resolution, and its user-friendly platform that simplifies the account setup process. However, some users express concerns about the relatively high fees, which could be a consideration for cost-sensitive buyers.

Quick facts about Payoneer

Rating4.1/5 (39,732 reviews) | SpotScore: 9.3/10Best forFinance teams, Small business ownersPricingQuote-based — contact salesDeploymentBrowser Based, Android, iOSTop strengthEfficient customer serviceWatch-outRelatively high fees charged

What is Payoneer?

Payoneer provides a simple and cost effective solution for your business to accept credit card and other payments online.  Payoneer's suite of Payment Gateway Solutions has been adapted to meet the needs of various businesses such as banks, eCommerce merchants, international money transfer companies, mobile network operators, MSO's, PSP's and more.

Pricing

  • Payoneer offers custom pricing plan

Best For

Suited for solo users, small teams, SMBs, and enterprise

Security & Compliance

SOC 2
GDPR
ISO 27001
  • Multi-Factor Authentication (MFA)

  • Data residency:Global

Platform

  • Web + mobile app (iOS & Android)

Payoneer Software Demo

Payoneer was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.

Who should consider Payoneer

Use cases
Freelancers, ECommerce merchants, International money transfer companies
Team types
Finance teams, Payment processing teams
Company size
Small Business, Medium Business
Workflow style
Simple and streamlined
Setup complexity
Low

Why teams choose Payoneer

  • Efficient and responsive customer service with quick issue resolution

  • User-friendly platform with seamless account setup

  • Reliable payment management suitable for freelancers and various users

Is Payoneer right for you?

Best for small to medium businesses needing reliable, easy international payment processing.

Choose Payoneer if

  • You are a freelancer or eCommerce merchant seeking simple, streamlined payment setup.
  • Your finance or payment team values responsive, efficient customer support.
  • You need a payment gateway adapted for diverse business types including banks and PSPs.

Consider alternatives if

  • Your business requires extensive multilingual customer support beyond English.
  • You are highly sensitive to transaction fees and need the lowest-cost option.

What buyers should know before shortlisting Payoneer

Payoneer has garnered a positive reputation in the past 12 months based on user reviews. Customers highlight the reliability of the service, praising its quick response times and efficient issue resolution.

The platform's customer service receives particular acclaim for being responsive and effective, making users feel supported and valued. Additionally, users appreciate the user-friendly nature of the app and the ease of setting up accounts.

While some users mention minor inconveniences like limited live chat support hours and relatively high fees, the overall consensus is that Payoneer is a trustworthy partner for online transactions. The platform's transparency regarding fees and proactive communication about changes are noted as strengths.

Customers also commend Payoneer for its diverse user base options, making it a convenient choice for various users. Overall, Payoneer stands out for its exceptional customer service, reliability in facilitating transactions, and commitment to user satisfaction.

Pros and cons

Payoneer pros and cons

  • Payoneer pros
  • Efficient and responsive customer service with quick issue resolution

  • User-friendly platform with seamless account setup

  • Reliable payment management suitable for freelancers and various users

  • Payoneer cons
  • Relatively high fees compared to some competitors

  • Limited customer support availability in languages other than English

4.1/5 rating
8,904 verified reviews

Ready to try it?

Get started with Payoneer

Connect with the team for a personalised demo.

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Still comparing?

See how it stacks up

Compare Payoneer side-by-side with top Payment Gateway Software alternatives.

Global Payments
Checkout.com
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What is the pricing of Payoneer?

Payoneer uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.

Free TrialNot available
PricingPayoneer offers custom pricing
Pricing Model
Quotation Based

Payoneer reviews and ratings

Buyer sentiment

Overall positive user sentiment highlights Payoneer's reliability, responsive customer service, and ease of use despite some concerns about fees and language support.

What buyers like

  • Customer service responsiveness
  • Ease of account setup
  • Platform reliability

Common complaints

  • High fees
  • Limited non-English support

4.1

Very Good

Based on 39732 ratings & 8904 reviews

Rating Distribution

Excellent

(7507)

Very Good

(478)

Good

(230)

Poor

(128)

Poor

(561)

What users are saying

MA

Muhammad Asif

11/16/24

5 out of 5

I lost my sim and can't get log in into…

I lost my sim and can't get log in into my Payoneer account. I apply for solving my issue and I'm happy that Payoneer team solve my issue in time.

مع

محمد عدلي السطوحي

11/16/24

5 out of 5

Good

Good And good

MA

MD Adam Khan

11/16/24

5 out of 5

Yes I am

Yes, I have a great experience about using payoneer. It's really useful for freelancer and many other kinds of people. Thank you

EV

Eze Victor

11/16/24

5 out of 5

To start the dropshipping

Date of experience: November 16, 2024

GE

Gamitha Eranda

11/15/24

5 out of 5

So far there was no issues.

Date of experience: November 15, 2024

МП

Михаил Пасько

11/15/24

5 out of 5

It is very easy to add new bank to Payoneer

I was trying to add new bank because my privatBank was blocked. I asked it to Payoneer team, they solve this isusse in a short time.

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  • Real pricing — no sales pressure
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What are the features of Payoneer?

58%

Feature coverage

7 of 12 tracked features

Gift Card Management is a software feature that allows businesses to easily manage and track their gift card programs. It is a comprehensive…

Invoice payment is a crucial feature of any software system that is designed to simplify the billing process and enhance overall efficiency.…

Payment made with a portable electronic device such as a tablet or cell phone for a product or service is known as Mobile payment. Mobile pa…

Multiple Currency Processing is a software feature that allows users to transact and record payments in currencies other than their own dome…

Point of Sale (PoS) transactions are electronic payments made by customers for goods or services at a physical retail location. This feature…

Recurring billing is a software feature that allows businesses to set up automated, recurring payments for their products or services. With…

Saved cards, also known as stored payment methods, are a convenient feature found in various software applications that allow users to secur…

Security & Compliance

Payoneer security and data handling

Key compliance certifications and security features for IT and security teams evaluating Payoneer.

Certifications

SOC 2✓ Certified
GDPR✓ Certified
HIPAA✗ Not certified
ISO 27001✓ Certified
PCI DSS✓ Certified

Security features

Multi-Factor Authentication✓ Yes
Data Encryption✓ Yes
Audit Logs✓ Yes

Developer & data

Data residency
🌐

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Payoneer Customers

Amazon-logo

Amazon

Wish-logo

Wish

Lazada-logo

Lazada

Rakuten-logo

Rakuten

Cdiscount-logo

Cdiscount

Help & Contact

Payoneer Support Options

Customer Service24/7 (Live rep)Online
LocationNew York, New York

Frequently Asked Questions About Payoneer

Common questions buyers ask before choosing Payoneer.

Payoneer is a Payment Gateway Software. Payoneer offers Invoice Payment, PoS Transactions, Multiple Currency Processing, Recurring Billing, Saved Cards and many more functionalities.

Payoneer is a strong fit if: You are a freelancer or eCommerce merchant seeking simple, streamlined payment setup.; Your finance or payment team values responsive, efficient customer support.. Consider alternatives if: Your business requires extensive multilingual customer support beyond English.; You are highly sensitive to transaction fees and need the lowest-cost option..

Buyers commonly note the following limitations of Payoneer: Relatively high fees compared to some competitors; Limited customer support availability in languages other than English; Limited live chat support hours.

Some top alternatives to Payoneer includes Global Payments, Checkout.com, PayPal, Instamojo and Maxpay.

Payoneer offers Quotation Based pricing model

We don't have information regarding integrations of the Payoneer as of now.

The starting price is not disclosed by Payoneer. You can visit Payoneer pricing page to get the latest pricing.

Ready to try it?

Get started with Payoneer

Get connected with the team for a personalised demo.

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

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