Payoneer vs TransferWise

Need advice about which tool to choose?Ask the StackShare community!

Payoneer

13
32
+ 1
10
TransferWise

17
37
+ 1
6
Add tool

Payoneer vs TransferWise: What are the differences?

Payoneer: A financial services company that provides online money transfer and digital payment services. It is a financial services company that provides online money transfer and digital payment services and working capital solutions; TransferWise: An online account that lets you send money, get paid, and spend money internationally. 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.

Payoneer and TransferWise can be primarily classified as "Payment Services" tools.

Some of the features offered by Payoneer are:

  • API support
  • International payments
  • Over 200 countries

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

  • Invite friends to TransferWise
  • Send us verification documents
  • Set up Amount Lock transfers on available currency routes
Get Advice from developers at your company using Private StackShare. Sign up for Private StackShare.
Learn More
Pros of Payoneer
Pros of TransferWise
  • 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
  • 3
    Best exchange rates
  • 2
    Fast
  • 1
    API Support

Sign up to add or upvote prosMake informed product decisions

Cons of Payoneer
Cons of TransferWise
  • 1
    UI is a bit clunky
  • 1
    If you use Credit Card, there’s a 3% fee
    Be the first to leave a con

    Sign up to add or upvote consMake informed product decisions

    What is Payoneer?

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

    What is TransferWise?

    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.

    Need advice about which tool to choose?Ask the StackShare community!

    Jobs that mention Payoneer and TransferWise as a desired skillset
    What companies use Payoneer?
    What companies use TransferWise?
    See which teams inside your own company are using Payoneer or TransferWise.
    Sign up for Private StackShareLearn More

    Sign up to get full access to all the companiesMake informed product decisions

    What tools integrate with Payoneer?
    What tools integrate with TransferWise?

    Sign up to get full access to all the tool integrationsMake informed product decisions

    What are some alternatives to Payoneer and TransferWise?
    PayPal
    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.
    Skrill
    It is an online e-wallet and money transfer service, providing a fast, efficient and secure method of transferring funds
    Stripe
    Stripe makes it easy for developers to accept credit cards on the web.
    Xoom
    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
    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