Payoneer vs Stripe

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Stripe vs Payoneer: What are the differences?

Stripe: Payments for developers. Stripe makes it easy for developers to accept credit cards on the web; Payoneer: Empowers global commerce by connecting businesses. It is a financial services company that provides online money transfer and digital payment services and working capital solutions.

Stripe and Payoneer belong to "Payment Services" category of the tech stack.

Some of the features offered by Stripe are:

  • Full-stack payments- You don’t need a merchant account or gateway. Stripe handles everything, including storing cards, subscriptions, and direct payouts to your bank account. Stripe.js lets you build your own payment forms while still avoiding PCI requirements.
  • An API that gets out of your way- It’s so easy, we’ve embedded a bunch of examples right here. Copy some of these requests into your terminal and check out what happens. With wrappers in Ruby, PHP, Python and more, you can get started in minutes.
  • Pricing like it should be- 2.9% + 30 cents per successful charge. No setup fees, no monthly fees, no card storage fees, no hidden costs: you only get charged when you earn money.

On the other hand, Payoneer provides the following key features:

  • API support
  • International payments
  • Over 200 countries
Decisions about Payoneer and Stripe
Lucas Litton
Founder & CEO at Macombey · | 4 upvotes · 126.3K views

We use GoCardless to simplify the way clients and partners pay for our services. What intrigued us is the quick and easy ACH feature that gives our clients the option to log in with their bank account and shoot the funds directly to our account. The fee, compared to Stripe is less. Stripe and PayPal charge 2.9% + 30c and Stripe also forces the client to enter in all of their payment details manually and then if the payment doesn't work, the client has to try all over again. GoCardless charges 1% + 25c which is much more reasonable dealing with the large projects that we are currently working on.

We integrate GoCardless with Xero to easily send out quick invoices, receive the funds and track all revenue in one place.

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With COVID-19 looming over us, businesses are, more than ever, looking for ways to set up online payments.

And having recently gone through implementing both Stripe and GoCardless to get monthly subscriptions set up and automated on my company website, I felt there was no better time to write this blog post!

If you're currently looking at working with a Payment Gateway provider API, or you're currently working with one but are not a fan, are looking to automate things a bit more, or are just generally thinking about changing, then you should have a read of my latest blog post where I compare Stripe and GoCardless.

I compare APIs in depth, specifically the subscription checkout flow that both offer (they're very similar, with some BIG differences).

There are plenty of code examples on how to set it up in a Node.js environment and right at the end, I rate each API based on the following factors:

  • API ease of use
  • API documentation
  • Payment pages
  • Costs / fees
  • Security
  • Developer appeal
  • Customer experience
  • Free Trial

So feel free to check it out, and I hope you like it. Please leave any feedback as it is very helpful. Thanks!

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Stripe was made with developers in mind first so the extensibility of it is great! This makes it very easy for us to integrate and automate as much as we need with its APIs and SDK. It allows a lot of customization of exactly what we need to build our applications. They also manage all of our customers from a tax and accounting perspective which makes it easy from a business standpoint.

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Pros of Payoneer
Pros of Stripe
  • 2
    Approximately in every country
  • 2
    Can use Credit Cards for payment
  • 2
    Very easy to use website
  • 2
    More options than Stripe
  • 1
    Support for India
  • 1
    Support for Pakistan
  • 301
    Easy setup
  • 291
    Developer friendly
  • 248
    Well-designed api
  • 191
    Great documentation
  • 169
    Clear pricing
  • 75
  • 74
  • 63
    Full integration with webhooks
  • 43
    Amazing api
  • 38
    Great customer support
  • 11
  • 6
    Credit cards never hit your server - no pci worries
  • 4
    No merchant account/gateway required
  • 3
    Recurring billing
  • 3
    Easy to integrate
  • 2
    Fast UI
  • 2
  • 2
    Great app
  • 2
    Support for SCA (Strong Customer Authentication)
  • 1
    Payments without own backend (using Stripe Products)
  • 1
  • 1
    Great UI
  • 1
    So easy to use
  • 1

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Cons of Payoneer
Cons of Stripe
  • 1
    UI is a bit clunky
  • 1
    If you use Credit Card, there’s a 3% fee
  • 3
  • 2
    CANNOT withdraw USD to a Canadian Bank Account
  • 2
    Does NOT have a currency conversion option like Paypal
  • 2
    They keep 25% of the income for 60 days

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What is Payoneer?

It is a financial services company that provides online money transfer and digital payment services and working capital solutions

What is Stripe?

Stripe makes it easy for developers to accept credit cards on the web.

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Blog Posts

Sep 29 2020 at 7:36PM


Jun 19 2015 at 6:37AM

What are some alternatives to Payoneer and Stripe?
PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.
It is an online e-wallet and money transfer service, providing a fast, efficient and secure method of transferring funds
It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.
It is a PayPal Service is a electronic funds transfer or remittance provider that allows consumers to send money, pay bills and reload mobile phones from the United States to 70 countries.
Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.
See all alternatives