Airwallex vs. Payoneer

Airwallex is great for receiving payments from customers in other countries and where you make payments in other currencies.

Incentivized

Payoneer is well suited for small to large-scale organizations for sending and receiving payments and establishing business internationally. Because their customer service crew is inexperienced, payment and account-related issues can arise and take a long time to fix. It's also appropriate for individuals or freelancers that need a payment provider that can collect payments from all over the world.

Incentivized

• Fast setup of bank accounts in different currencies.
• User management with roles and permissions that enable employees to use it.
• Fast easy setup of credit cards.
• Transferring money across currencies at low cost.

Incentivized

• The best part of Payoneer is that there is no deduction of any commissions like we have in PayPal.
• I always get notifications regarding the remuneration which helps me in tracking my money.
• The payments gets automatically transfer to my bank account without any hassle.
• The conversion rate of the currency is higher than other payment tools like PayPal.

Incentivized

• Automated transaction failed emails
• Recurring credit card payments
• More fine grained credit card controls

Incentivized

• For some international countries it take a lot to get the physical card. This may be related to the local post office too, but it's a hassle for new users
• It would be good to have tutorials on how to do basic tasks in video or audio, for users that can't read for too long or have a disability

Incentivized

Payoneer helps me a lot on my online business journey, it gave me the support and functions that I want.

Incentivized

The support is really awful. They send you generic answers, and actually don't really understand what is going on. For example, when our re-verification was stuck, support agents told me that the account is active and you can send a payment. I did that, my card was charged, but the payment was declined, because the account was not active

Payoneer was more expensive for transfers and it was less featured than Airwallex.

Incentivized

Before Payoneer, I used Paxum, a Canadian product, that was or is similar but more expensive. Also used Payza(later Ecopayz), and European alternative, they have their ups and downs, they aren't even listed in the Search above, basically they are both payment gateways that allow using several payment methods, and any payment gateway, the problem is they don't have any bank accounts associated with them, therefore they are more limited in that regard. Both use a card as the main withdrawal method, and both support international currencies, but there as I mentioned there isn't any bank account associated with them, nor there is a way to connect them to Stripe.

Incentivized

• No monthly fees for local and foreign accounts.
• Save big on transaction fee too.
• Save on SaaS subscription in foreign currency.

Incentivized

• Using Payoneer we have grown very well especially in 3rd world countries.
• Due to its nominal transaction charges and better exchange rates, we get a decent ROI.
• Since it is a very easy to use payment gateway and does not require many technicalities hence it is very well accepted which helps us in "ease of doing" business.

Incentivized