Payments & POS
Payoneer
Cross-border payouts and receiving accounts for global sellers and freelancers.
3.2· 357 reviews· via G2Founded 2005 · New York, NY
What is Payoneer?
Payoneer is a cross-border payments platform that gives freelancers, online sellers, and businesses receiving accounts in multiple currencies to get paid and pay out globally. It is widely used to collect earnings from marketplaces and clients abroad.
Best known for: Cross-border payments for freelancers and online sellers
Key features
- Multi-currency receiving accounts
- Cross-border payouts and transfers
- Marketplace and platform payouts
- Physical and virtual payment cards
- Currency conversion at low cost
- Mass payout tools for businesses
Who Payoneer is best for
- Freelancers and sellers getting paid by international marketplaces
- Businesses that need to receive USD/EUR/GBP without a local bank
- Companies making mass cross-border payouts to contractors
Ideal team: Global freelancers, marketplace sellers, and SMBs who need to receive and withdraw cross-border funds affordably.
Payoneer pricing
Popular
Pay-as-you-go
$0
- Payoneer-to-Payoneer transfers free
- Receive by card up to 3.99% + 49¢
- Non-local currency receiving 1% (min $1)
Costs to watch before you commit
- Currency conversion between balances costs ~0.5% and can reach up to 3.5% on some operations.
- The Payoneer card carries a $29.95 annual fee (waived if $6,000+ is received in 12 months).
- Bank withdrawals in a different currency incur a 1.2%–4% conversion fee.
- It is a receiving/payouts network, not an in-store or checkout card processor.
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