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Payoneer Inc.

Payoneer

Composite Score

6.4 /10

CX Score

6.1 /10

19 Reviews Write a Review

What is Payoneer?

Your Payoneer account is your key to unlock a universe of opportunities. Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Company Details

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Payoneer Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Payoneer.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

75 Likeliness to Recommend

1
Since last award

75 Plan to Renew

2
Since last award

70 Satisfaction of Cost Relative to Value

2
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+61 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Payoneer?

17% Negative

14% Neutral

69% Positive

Pros

Security Protects
Trustworthy
Acts with Integrity
Helps Innovate

Cons

Less Inspiring
Commodity Features
Under Delivered

Feature Ratings

Average 76

Security

Multi Currency

Credit Card Processing

E-Commerce Integration

Recurring Payments

Digital Wallet Integration

POS Integration

Reporting Analytics

Integration With Accounting System

Customer Support

Mobile Payments

Vendor Capability Ratings

Average 70

Quality of Features

Usability and Intuitiveness

Breadth of Features

Ease of Customization

Business Value Created

Ease of Implementation

Ease of Data Integration

Product Strategy and Rate of Improvement

Ease of IT Administration

Vendor Support

Availability and Quality of Training

Payoneer Reviews

Oshane H.

Role: C-Level
Industry: Retail
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Mar 2023

Amazing Global Payout Service

Likeliness to Recommend

10 /10

What differentiates Payoneer from other similar products?

Payoneer gives you the access to multicurrency payouts.

What is your favorite aspect of this product?

I love that payoneer gives me a USA bank account and other features so that I can receive payments from my clients in different countries as an International Freelancer.

What do you dislike most about this product?

I dislike that Payoneer only allows you to receive payments from companies and not P2P.

What recommendations would you give to someone considering this product?

If you are struggling with the delays of receiving international wires and need access to a multicurrency bank checkout payooner.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Jose C.

Role: Information Technology
Industry: Entertainment
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Jan 2023

One of the best payment methods in the world, fast

Likeliness to Recommend

7 /10

What differentiates Payoneer from other similar products?

Payonner works in almost all of Europe and is much more dynamic than in Latin America but mixes with our clients for a secure payment

What is your favorite aspect of this product?

It is fast for our electronic commerce where transaction speed is necessary for a good experience for our customers and to be able to provide them with their products.

What do you dislike most about this product?

We need you to have a presence in Latin America or to be associated with a large one here so that we can carry out transactions without a high cost in monthly charges.

What recommendations would you give to someone considering this product?

It is a great product and easy to implement, you will achieve good sales and strategic partners.

Pros

Reliable
Performance Enhancing
Unique Features
Inspires Innovation

Amir C.

Role: C-Level
Industry: Media
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jun 2022

Decent payment solution program

Likeliness to Recommend

8 /10

What differentiates Payoneer from other similar products?

Payoneer works at some select regions in the world. Not as extensive as Paypal but a lot of smaller businesses prefer Payoneer over Paypal's platform.

What is your favorite aspect of this product?

They're the same features like every other payment platform.

What do you dislike most about this product?

I wish there was a program with smaller fees for small businesses

What recommendations would you give to someone considering this product?

It's pretty good. Give it a go!

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Latest Research

Payoneer

What is Payoneer?

Company Details

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Awards & Recognition

Payoneer Ratings

75 Likeliness to Recommend

1 Since last award

75 Plan to Renew

2 Since last award

70 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+61 Net Emotional Footprint

How much do users love Payoneer?

Pros

Cons

Feature Ratings Average rating of all product features, some of which may not be shown below

Security Built-in security to protect payment information to prevent fraud and hacking

Multi Currency Allows users to process payments in multiple currencies

Credit Card Processing The ability to process credit card payments and receive approval or rejection of funds from the customer's bank

E-Commerce Integration The ability to integrate directly with an e-commerce platform to create a seamless checkout experience

Recurring Payments The ability to schedule payments at a cadence

Digital Wallet Integration The ability to process payments from a digital wallet service or another digital payment method

POS Integration The ability to integrate with a POS system to allow the processing of credit card or mobile payments in a store setting

Reporting Analytics Reports and analytics created from payment data

Integration With Accounting System Provide integration with accounting software and ERP systems

Customer Support Supports levels 1 and 2 for credit card payment processing. Also supports level 3 credit card processing, which requires additional data for the qualification

Mobile Payments The ability to process mobile payments from a mobile wallet or other mobile phone payment app

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Payoneer Reviews

Oshane H.

Amazing Global Payout Service

Likeliness to Recommend

Pros

Jose C.

One of the best payment methods in the world, fast

Likeliness to Recommend

Pros

Amir C.

Decent payment solution program

Likeliness to Recommend

Pros

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Title

1
Since last award

2
Since last award

2
Since last award

Feature Ratings

Security

Multi Currency

Credit Card Processing

E-Commerce Integration

Recurring Payments

Digital Wallet Integration

POS Integration

Reporting Analytics

Integration With Accounting System

Customer Support

Mobile Payments

Vendor Capability Ratings

Quality of Features

Usability and Intuitiveness

Breadth of Features

Ease of Customization

Business Value Created

Ease of Implementation

Ease of Data Integration

Product Strategy and Rate of Improvement

Ease of IT Administration

Vendor Support

Availability and Quality of Training