21 Payoneer Alternatives to Save You Money ! [Personal Experience ] 2023

Are you looking for Payoneer alternatives due to all the bad experiences you have been facing with them lately? Are you done paying Payoneer’s high transaction fees and having to deal with money processing issues? 

Not to mention their awful customer service. 

As a business owner and digital nomad, I have a lot of experience with international transfers and have come to know the pros and cons of various payment providers I have used over the years. 

If you don’t have the time to do a whole lot of research, I’ve got you covered with this list of the top 21 companies like Payoneer outlining their pros and cons. 

Depending on your business or your personal situation, one payment provider might suit you better than the other. 

Besides paying low fees, you want to look out for security, a user-friendly platform, and being able to make and receive local as well as international payments. 

Good news is, there are many services to choose from that are similar to Payoneer but have much better features and make it easy for you to handle your money.

Let’s get to it!

Payoneer alternatives

21 Payoneer Alternatives to Save You Money

1. Wise

2. Airwallex

3. PayPal

4. 2checkout

5. Amazon Pay

6. Apple Pay

7. Cash App 

8. Dwolla

9. Google Pay

10. Klarna

11. Neteller

12. Paysera

13. PaySimple

14. Remitly

15. Shopify

16. Skrill 

17. Square

18. Stripe 

19. Tipalti 

20. Venmo

21. Zelle

Affiliate Link Disclosure

Some of the links here are affiliate links, and I may earn if you click on them, AT NO EXTRA cost to you. I hope you find the information here useful! Thanks!

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Payoneer alternatives

What Is Payoneer?

Payoneer is a financial service based in the U.S. that provides online money transfer and digital payment services. 

With a Payoneer bank account, you can make and receive international payments as well as manage your digital business

Being the owner of several online businesses, I know what’s important when it comes to making and receiving online payments. 

You need to be able to rely on your financial provider in every aspect of managing your business. 

Payoneer has a few downsides such as high fees and providing terrible service, that’s why I have explored alternative banks like Payoneer that have great features and don’t give you any headaches. 

My top 3 Payoneer alternatives are: 

  1. Wise
  2. Airwallex &
  3. PayPal 

I will also get into the pros and cons of 18 other services like Payoneer. 

That way you can figure out which financial provider suits you (and your business) best. 

Payoneer Alternatives: Top 3 

1. Wise

Wise (formerly known as TransferWise), headquartered in London,  is my absolute favorite when it comes to online payments.


Like Payoneer, you can send and receive money nationally and internationally, but Wise sends the money much faster.

 You can pay into a local or cross-border bank account paying a low fee based on the amount you’re sending. Wise supports 80 different countries. 

Wise can be used by individuals as well as freelancers and business owners. 

I found it super simple to set up my Wise account and I’m very pleased with their platform, which is secure and extremely user-friendly. 

Their fees are cheaper than Payoneer’s and the best thing is – there are no hidden fees!

This is crucial when you are trying to get your business going. 

You have enough on your plate, so Wise takes the stress and hassle of you when it comes to your finances. 

Wise’s integrations are QuickBooks Online and Xero to help you stay on top of your payments and bookkeeping duties.

A great alternative to Payoneer! 


The only downside is that they only offer live chat, but not live calls with their clients. 

Payoneer alternatives

2. Airwallex

Airwallex is a highly rated financial online service and I love using them due to its simple one-click transfers. 


You can have multi-currency bank accounts with Airwallex and a lot of countries are supported. The processing time for transfers is fast and you pay a lower fee than with other providers.

Setting up an account as well as credit cards is simple and doesn’t take up much of your time. There are no monthly fees to pay, you only pay per transfer. 

Airwallex also offers a payroll and bookkeeping solution. 


Not all countries are supported by Airwallex. 

3. PayPal

PayPal is a well-known name in the world of financial services and its security standards are very high. 


At almost every checkout, you’re able to use PayPal as an option to pay which is very helpful and makes having an account with them worthwhile. 

PayPal also lets you create invoices that you can send to your clients and it can be used if you own an e-commerce business. 


Setting up an account is free, however just be mindful if you’re a business owner, as PayPal’s monthly plans could become a bit pricey over time. 

Payoneer alternatives

18 Other Payoneer Alternatives

1- 2checkout (from Verifone)

2checkout is an all-in-one monetization platform and the perfect solution for e-commerce businesses. 


Whether you sell software, subscriptions, or physical goods, 2checkout makes it easy for your national and international customers to pay you. 200 countries and 100 currencies are supported.

2checkout offers reporting & analytics, and global tax & financial services. 

They also send automated emails to your clients about upcoming expiration dates, or to inform them if a payment has failed. 


2checkout doesn’t offer a free trial or a free version and there is no premium consulting or integration service available. 

2- Amazon Pay

Many people choose Payoneer as an alternative for Amazon. However, I have found many reasons why Amazon Pay is way ahead of Payoneer. 


Amazon is a well-known and trusted company and almost everyone has an account with them, so using them as a payment gateway reduces a lot of hassle. Amazon Pay has an awesome and helpful customer service 

You can use Amazon Pay to transfer money to anyone you wish, pay bills and salaries, or check out through Amazon.

Amazon Pay later is a service they offer that allows you to make payments without having the funds at this moment in time. You don’t have to pay any interest on this amount. 


Amazon Pay has higher processing fees than others and they don’t offer a free trial as there is no subscription needed when signing up. 

Payoneer alternatives

3- Apple Pay

Another alternative to Payoneer is Apple Pay. If you’re using an iPhone 6 or newer, this app is for you. 


Apple Pay is super easy to use and set up, and it’s free for Apple users. 

You can simply use Apple Cash and send and receive money in messages. There’s no additional app required, it all works through the wallet app and the cards you already have in Apple Pay. 


You must have an iPhone newer than the 6 version to be able to use Apple Pay. Furthermore, it’s not accepted at every checkout. 

4- Payoneer alternativesCash App

While you can send and receive money with Cash App just like with Payoneer, it’s more designed for small through mid-sized to large businesses to buy stocks and bitcoins, and manage their Payroll. 


ATM withdrawals are free and there is no subscription. Paychecks can be received up to two days early by users. All the data is encrypted and locked with verification checks to keep security standards high. 


Cash App is only supported within the U.S. and the U.K. Unfortunately, they don’t offer a free version or a free trial. 

5- Dwolla

Another one of the Payoneer alternatives is Dwolla which offers account-to-account payment solutions. 


Dwolla has a simple integration process and you don’t get overwhelmed with any complicated programming yourself. They have great customer support and are very responsive and helpful. 

They offer a free trial so be sure to check them out and see if they meet your needs. 


Dwolla can only be used in the U.S. Their monthly subscription is fairly high, so Dwolla is only an option for established businesses. 

6- Google Pay

Google Pay can simply be used through their payment app. 


No need for a physical card, as you can pay through your digital wallet. There are no fees when paying with a debit card. 


Even though it’s so easy to pay, Google Pay is not accepted everywhere. Also, if you lose your phone, your data can get hacked. 

Payoneer alternatives

7- Klarna

Klarna Bank AB is a Swedish fintech company that offers a range of services to its clients such as: 

  • Financing
  • Installments
  • Direct payments
  • Payments for online storefronts


They have a good reputation when it comes to security aspects and great customer service. 


A few downsides to consider: monthly fee for a business account plus you pay fees for every transaction you do. Also, not every country is covered. 

While it’s helpful to pay Klarna back in installments, their fees for paying late are quite high. 

8- Neteller

The next one of the services like Payoneer is Neteller


Neteller gives you the option of having multiple currency accounts and offers 100+ payment options. There are different ways of funding your account, so the fees may vary depending on the third party. 

With a Neteller prepaid or virtual card, you’re able to withdraw your money from any ATM in several countries. 


Neteller isn’t supported at every e-commerce checkout. It also has a minimum limit on transfers. 

Payoneer alternatives

9- Payoneer alternativesPaysera

Paysera is a good alternative to Payoneer as they’re cheap and safe to send and receive payments with. 


Paysera offers competitive rates, and the cost varies depending on the currency and speed of the transfer. You can link a contactless debit card to your account. 

You can have multi-currency accounts and you don’t pay any fees when transferring funds between the accounts.


Paysera has a daily ATM withdrawal limit and the card is only issued to people who live in European countries. 

10- PaySimple

PaySimple is another one of the websites like Payoneer. It’s designed for freelancers and small and mid-sized businesses. 


PaySimple offers a lot of different features such as sending electronic invoices and setting up recurring payments, and accepts many payment methods like debit cards, credit cards, and electronic payments. 

The approval process is easy and doesn’t take long. PaySimple offers a free trial. 


You pay USD $0.69 per transaction in addition to 0.25% based on the amount you’re sending. If using a credit card, you pay 2.49% per transaction plus monthly fees. 

You have to opt-in to a subscription and the fee is USD $69.95 per month. 

11- Remitly

Remitly is a money services business that is registered with the U.S. Department of Treasury. 


The fees are highly-competitive, but they depend on the amount of money you’re sending, the country of the recipient, and how fast you want it to get there. 


Completing transactions on their website/app can take a long time and are not done with a few clicks. 

12- Shopify

Shopify is a great Payoneer alternative for business owners who have an e-commerce shop. 


Not only can you sell and ship your products with Shopify, but you can also process payments with this service. Shopfiy helps you create your shop, get sales, and manage your day-to-day business. 

If you’re looking for more than just a payment processing service, Shopify is the right choice for you. They also offer a 14-day free trial. Go check them out!


Shopify isn’t the cheapest provider around and might only be an option for businesses that already generate profit. The basic plan is USD $29 per month, the premium is USD $79 per month, and the advanced plan is USD $299 per month. 

Payoneer alternatives

13- Skrill

Skrill used to be known as Moneybookers and is a great choice when it comes to Payoneer alternatives.


Skrill doesn’t charge any fees, whether you make payments via debit card or ACH transfers (bank-to-bank transfers). They also support payments via mobile or e-commerce. 

If both parties have an account with Skrill, you only need an email address to pay each other online. 


Skrill charges a monthly inactivity fee of USD $5.00 if you don’t use your account as well as USD $5.50 when you want to withdraw money. Their app doesn’t have all of the same features their website has. 

14- Square

Square makes you process payments easily and securely with the Square app. 


There are many ways that a business owner can accept payments from their client. Not only through online payments, but also through key-in, swipe, or tap. Another advantage of Square is that there are no monthly fees. 


Even though the processing fees aren’t as high as those from other payment providers, the fees have been rising every year. You might not be paying much when you sign up with them now, but it could all look different in a few years time.

15- Stripe

Are you wondering which one is better – Payoneer vs. Stripe? If you’re looking for an alternative to Payoneer, Stripe is definitely one to consider. 


Customers love how straightforward their platform is and how simple it is to process payments, manage accounts, and download reports. Perfect for someone who isn’t very tech-savvy as the integration works seamlessly. 

Stripe is a trusted app that is supported by many countries, therefore offers a variety of currencies. The payment processing time is easy and quick and their fees are low compared to other financial services. 


Stripe doesn’t notify you if a payment has failed, they only notify you when a payment went through successfully. Also, the onboarding process can take a bit of time. 

16- Tipalti

One of the next Payoneer alternatives is Tipalti, which comes with a lot of features besides processing digital payments. 


  • Supports digital marketplace checkout
  • Saves you time by automating your accounts payable system
  • User-friendly website
  • Two different business packages (you can use the cheaper one with fewer features or the more expensive one as your business is growing)


One of Tipalit’s disadvantages is that it can take a while to make sense of its reporting tool. Also, once you have processed an invoice, there is no way to make any changes to it afterward. 

Tipalti is also more expensive than other service providers. 

17- Venmo 

Venmo is a digital commerce platform suitable for small to medium-sized businesses. 


Besides processing your customers’ payments, Venmo also helps with your bookkeeping needs and analyzing customer’s behaviors. Clients can pay via the app or a QR code in person. 

Venmo offers a free version as well as a paid version for more features. 


Venmo doesn’t have a free trial and is currently only supported within the U.S. 

Payoneer alternatives

18- Payoneer alternativesZelle

Zelle is the last one of the Payoneer alternatives we’re having a closer look at. 


Zelle processes digital payments fast, easily, and free. Zelle can be found in your local banking app once you have signed up with them. No need for an additional app on your phone. 

It’s very simple to send payments through Zelle, it only requires a few taps. 


Zelle is only accessible to people having a bank account in the U.S. It’s more suitable for people wanting to send money to others they trust and know in person. 

Payoneer Mastercard Alternative

Are you also looking for a Payoneer card alternative? 

There are a few companies around that offer physical cards like Payoneer that you can use in-store, online, or to withdraw money with at an ATM. 

Payoneer Debit Card Alternative

On the hunt for an alternative to Payoneer prepaid debit card? 

Check these out:

Payoneer alternatives

Payoneer Reviews

Positive Payoneer Reviews

  • Available in several languages
  • Quick application process
  • Easy to use
  • Sending money to other Payoneer users is free
  • Offers multiple currency accounts
  • Physical debit card & Mastercard available

Negative Payoneer Reviews

  • Bad customer service
  • Long processing times
  • Transaction issues
  • Inactivity fee after 1 year
  • USD $2000 threshold is required for eligibility to receive a debit card
  • USD $50 minimum withdrawal amount
  • Payoneer app doesn’t have many features, only shows the account balance
  • Some currencies are not supported
  • Not many platforms offer Payoneer as a payment method

FAQs on Payoneer Alternatives

Which Money App Has No Fees? 

Cash App (which belongs to Square Inc.) is a money app that has no fees when you send funds instantly via the mobile app. Cash App is so popular because of its user-friendly platform, simple transactions, and zero fees.

Is Payoneer Completely Free? 

No, Payoneer is not completely free. If you don’t use your account within 12 months, you get charged USD $29.95. If you regularly use your Payoneer account, it’s technically free, as you can avoid the inactivity fee. 

However, don’t forget that you have to pay fees for every transaction you do. 

Can I Withdraw $20 on Payoneer? 

Yes, you can withdraw $20 on Payoneer. To do that, you just have to link your bank details to your Payoneer account and then transfer the $20 to your local bank account. From there you simply withdraw the $20 at a local ATM. 

Payoneer alternatives

What Is The Best Alternative to Payoneer?

The best Payoneer alternative is Wise alongside Airwallex and Paypal. These financial services offer the lowest fees, the fastest processing time, and the best user experience. 

Payoneer is very pricey, doesn’t have the best customer service, and has glitches when it comes to processing transactions, so it’s time to look for an alternative to Payoneer. 

Which Is Better Wise Or Payoneer?

Wise is better than Payoneer when it comes to sending and receiving money. The processing time with Wise is much faster than with Payoneer and Wise also has lower fees and offers more payment options. More Wise advantages are that they have a very user-friendly platform and it’s easy to set up an account.

Is Payoneer Better Than PayPal

If you’re wondering which is better, Payoneer vs. PayPal, then PayPal is the winner. PayPal has been around much longer and is trusted by more people than Payoneer.

Sending and receiving money happens faster with PayPal and its security standards are much higher. When it comes to Payoneer fees vs. PayPal, you’re better off going with PayPal. 

Can Payoneer Be Trusted?

Yes, you can trust Payoneer when it comes to security. They are certified at a PCI Level 1 Data Security Standard. Payoneer keeps its client’s accounts safe with a virus detection system and a firewall. 

Is Payoneer a Chinese Company? 

No, Payoneer isn’t a Chinese company. Payoneer is an American money services company (based in New York), that provides digital funds transfers, and other online payments. With Payoneer, you can send and receive money nationally as well as internationally. 

Final Thoughts on Payoneer Alternatives

There are many Payoneer alternatives for freelancers out there, but there are some things to consider before deciding to sign up for one of them. 

Is the platform easy to use? What’s the monthly fee? Are there any hidden fees they don’t tell you about straight away? Which countries and currencies are supported? 

I hope this list of sites like Payoneer helped you figure out which online payment provider suits you best and covers all your needs. 

What’s your opinion on the best digital payment service? Which Payoneer alternative did you end up going for? Let me know in the comment section below! I’d love to hear from you. 

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