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Payoneer Inc.

Payoneer

Composite Score

6.3 /10

CX Score

6.0 /10

11 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.

77 Likeliness to Recommend

7
Since last award

78 Plan to Renew

11
Since last award

79 Satisfaction of Cost Relative to Value

11
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.

+58 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?

20% Negative

0% Neutral

80% Positive

Pros

Trustworthy
Client Friendly Policies
Fair
Security Protects

Cons

Under Delivered
Less Effective Service
Less Inspiring

Feature Ratings

Average 77

Credit Card Processing

E-Commerce Integration

Security

Multi Currency

Digital Wallet Integration

POS Verification

Recurring Payments

POS Integration

Mobile Payments

Integration With Accounting System

Reporting Analytics

Vendor Capability Ratings

Average 70

Quality of Features

Usability and Intuitiveness

Breadth of Features

Product Strategy and Rate of Improvement

Vendor Support

Business Value Created

Ease of Implementation

Ease of Data Integration

Ease of IT Administration

Ease of Customization

Availability and Quality of Training

Payoneer Reviews

Carissa M.

Role: Human Resources
Industry: Engineering
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Apr 2023

Financial Software With Cheaper Transfer Fee!

Likeliness to Recommend

9 /10

What differentiates Payoneer from other similar products?

That it has cheaper transfer fee, we all love that, right?

What is your favorite aspect of this product?

I think I already mentioned that it has a cheaper transfer fee, but also, if you are making a higher volume of transactions, payoneer could be on the top list.

What do you dislike most about this product?

None so far

What recommendations would you give to someone considering this product?

If you have high volume transactions and are looking for cheaper transfer fee, Payoneer is where you should go. I couldn't emphasize this more, but kudos to them for that!

Pros

Security Protects
Reliable
Performance Enhancing
Enables Productivity

Rakesh S.

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

Validated Review

Verified Reviewer

Submitted Mar 2023

Hassle free payment system

Likeliness to Recommend

9 /10

What differentiates Payoneer from other similar products?

Easy to process transactions

What is your favorite aspect of this product?

Withdrawal to direct account

What do you dislike most about this product?

registration and processing time

What recommendations would you give to someone considering this product?

Use for internal payment system

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

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

Latest Research

Payoneer

What is Payoneer?

Company Details

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Awards & Recognition

Payoneer Ratings

77 Likeliness to Recommend

7 Since last award

78 Plan to Renew

11 Since last award

79 Satisfaction of Cost Relative to Value

11 Since last award

Emotional Footprint Overview

+58 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

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

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

Multi Currency Allows users to process payments in multiple currencies

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

POS Verification Support cardholder verification methods for POS transactions

Recurring Payments The ability to schedule payments at a cadence

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

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

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

Reporting Analytics Reports and analytics created from payment data

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.

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.

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.

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.

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

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.

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

Carissa M.

Financial Software With Cheaper Transfer Fee!

Likeliness to Recommend

Pros

Rakesh S.

Hassle free payment system

Likeliness to Recommend

Pros

Oshane H.

Amazing Global Payout Service

Likeliness to Recommend

Pros

Title

7
Since last award

11
Since last award

11
Since last award

Feature Ratings

Credit Card Processing

E-Commerce Integration

Security

Multi Currency

Digital Wallet Integration

POS Verification

Recurring Payments

POS Integration

Mobile Payments

Integration With Accounting System

Reporting Analytics

Vendor Capability Ratings

Quality of Features

Usability and Intuitiveness

Breadth of Features

Product Strategy and Rate of Improvement

Vendor Support

Business Value Created

Ease of Implementation

Ease of Data Integration

Ease of IT Administration

Ease of Customization

Availability and Quality of Training