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PayPal Vs Payoneer- Which Is Better For Global Payments?

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Say Goodbye to Hidden Fees and Save Up To 71% with Payoneer, Payoneer is Better For Global Payments then PayPal. We can save more money by receive and transfer using Payoneer, Here is compression why Payoneer better than PayPal


The first name which comes as an online payment service is PayPal. PayPal is one of the first online payment services. Founded in 1998, the company we now know as PayPal used to be called Confinity. Two years later, Confinity joined forces with X.com, an online banking company developed by the CEO of SpaceX and Tesla Motors, Elon Musk. PayPal has been operating under its name since 2002 and remains one of the most widely used payment systems globally.

PayPal is used all around the world for online transactions, as well as online shopping. In 2014, PayPal had 152 million active accounts. Since then, PayPal has extended its services to even more countries. PayPal’s user base continues to grow as a transaction system for both businesses and personal users.


The other name which comes to mind because of its recent big launch in India and my direct involvement with it as a marketer is Payoneer. Payoneer was founded in 2005, with its headquarters in New York. Some of the board members of Payoneer include the former president of Visa and former CEO of SWIFT. This company is a worldwide Member Service Provider of MasterCard.

Payoneer and its services are available in 200 countries and include over 100 currencies. This company provides online money transfers, as well as e-commerce services. Payoneer also has a referral program, giving away $25 to each party once your referral receives at least $100 for the first time. With the refillable Payoneer MasterCard debit cards, Payoneer is great for businesses and working individuals freelancers.

Why Payoneer is Better For Global Payments

PayPal Payoneer
Mass Payments Yes Yes
Currency Conversion Charges 26 >100
Payments Time 3-5 days 2 hours
Cost to you 0.3-7.4% 1%


Difference and Benefits

  • Payoneer is definitely more profitable than PayPal
  • Payoneer is smoother than PayPal for global pay-outs and withdrawals