TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Flywire

    Score9 out of 10
    N/AFlywire headquartered in Boston offers their secure global payment platform to keep money moving around the world. Flywire offers a custom payment solution and collections network, and is designed to streamline payments process from start to finish.N/A

    Payoneer

    Score8.1 out of 10
    N/APayoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.N/A
    Pricing
    FlywirePayoneer
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    FlywirePayoneer
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    FlywirePayoneer
    Considered Both Products
    Flywire
    No answer on this topic
    Payoneer
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    59%
    Would buy again
    17 Answers
    Delivers good value for the price
    No answers on this topic
    64%
    Delivers good value for the price
    16 Answers
    Happy with the feature set
    No answers on this topic
    59%
    Happy with the feature set
    17 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    48%
    Lived up to sales and marketing promises
    13 Answers
    Implementation went as expected
    No answers on this topic
    57%
    Implementation went as expected
    16 Answers
    Features
    FlywirePayoneer
    Payment Gateways
    Comparison of Payment Gateways features of Flywire and Payoneer
    Feature
    Flywire
    -
    Ratings
    Payoneer
    1.3
    9 Ratings
    139% below category average
    Fraud Detection00 Ratings2.38 Ratings
    API or SDK00 Ratings1.04 Ratings
    Recurring Payment Support00 Ratings1.16 Ratings
    Billing and Invoicing Support00 Ratings1.09 Ratings
    Global Support00 Ratings1.19 Ratings
    Payment Form Acceptance00 Ratings1.08 Ratings
    Best Alternatives
    FlywirePayoneer
    Small Businesses
    Apple Pay
    Score9.3 out of 10
    Apple Pay
    Score9.3 out of 10
    Medium-sized Companies
    Payoneer
    Score8.1 out of 10
    Amazon Pay
    Score7 out of 10
    Enterprises
    Checkout.com
    Score8.5 out of 10
    Checkout.com
    Score8.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FlywirePayoneer
    Likelihood to Recommend
    8.0
    (1 ratings)
    1.0
    (30 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    1.0
    (2 ratings)
    User Testimonials
    FlywirePayoneer
    Likelihood to Recommend
    Flywire
    Many of our international students studying at our institution are financially supported by their parents in their homeland. In other words, they rely on their families for payment of their class fees. So, Flywire makes international payments convenient by making payment by visiting our college website and finding the Flywire payment option. Some prefer this method over credit card payments or by wiring money to the student's bank account in the U.S., which creates a whole additional step in making payments.
    Incentivized
    Read full review
    Payoneer
    Although the withdrawal is limited to the ACH US accounts, as they aren't real bank accounts, it's a convenient way to get paid fast from Stripe, although if there is a small fee or a chargeback as these are way in payments only, it becomes a nightmare to fix those problems. It does allow the bank accounts to be accepted with Stripe. For any kind of ACH payment to vendors, the service is way too limited, I wasn't able to pay anyone, unless I use the card to do it, as any regular card. In my experience, I think Import export, international trade transactions or high ticket items are impossible due to the small upper limits, for instance I can't use it to pay a vendor for a regular inventory of the latest iPhones(more than a million dollars for just a few items), nor to get paid by an overseas buyer(for instance my clients in Dubai), that buy these items on a daily basis, for these operations is just not suited.
    Incentivized
    Read full review
    Pros
    Flywire
    • It accepts a wire transfer from virtually all nations outside the U.S.
    • The customer service support is helpful.
    • Once payment information in our system is updated, it allows for payment for classes from overseas to run smoothly.
    Incentivized
    Read full review
    Payoneer
    • It is very well accepted world wide and also accepts more than 150 currencies.
    • A decent and nominal exchange rates of currency as compared to similar platforms like PayPal.
    • I can keep track of all the transactions, payments, balance, etc using Payoneer.
    • It is because of Payoneer we can grow our business globally.
    Incentivized
    Read full review
    Cons
    Flywire
    • Delay time could be shortened between the actual time of payment and the confirmation of payment.
    • It could allow for the payer to pay more than the outstanding balance without rejecting additional amounts of money.
    • Refund information by way of Flywire is a little vague.
    Incentivized
    Read full review
    Payoneer
    • The process of getting payment is a little bit complex in Payoneer as compared to PayPal.
    • Receiving of payments takes a very long time and it's not instant.
    • The customer service of Payoneer is not up to the mark and it takes a very long time to resolve simple issues.
    Incentivized
    Read full review
    Likelihood to Renew
    Flywire
    No answers on this topic
    Payoneer
    Payoneer helps me a lot on my online business journey, it gave me the support and functions that I want.
    Incentivized
    Read full review
    Support Rating
    Flywire
    No answers on this topic
    Payoneer
    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
    Read full review
    Alternatives Considered
    Flywire
    Flywire is relatively simple to use with much quicker response time when it comes to customer support.
    Incentivized
    Read full review
    Payoneer
    Payoneer has outperformed them all, with speedier payments, a larger network, and international business accounts. We first tried a few different payment service providers before settling on this one, like PayPal, Payeer, and Skrill. But after all these years, Payoneer continues to provide us with the best services, features, and safety overall.
    Incentivized
    Read full review
    Return on Investment
    Flywire
    • Cannot think of any negative impact
    • A good number of students are using Flywire to pay for their classes, so it is growing in popularity
    • It reduces the amount of foot traffic at the cashier / payment office when it comes to issues involving payment of classes.
    Incentivized
    Read full review
    Payoneer
    • I can receive the money from anywhere around the world, and in any currency.
    • It converts the money directly into my local currency, hence becomes easy for us to track and withdraw money from our bank accounts.
    • Sometimes customer support lacks the ability to satisfy the customer requirements.
    • Required to make two different accounts for receiving and sending money.
    Incentivized
    Read full review
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