Payoneer Inc.

Payoneer

Composite Score

6.3 /10

CX Score

5.9 /10

17 Reviews Write a Review

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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.

75 Likeliness to Recommend

72 Plan to Renew

2
Since last award

71 Satisfaction of Cost Relative to Value

Product Experience

Negotiation and Contract

Conflict Resolution

Strategy & Innovation

Service Experience

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Emotional Footprint Overview

Product Experience:: 57%
Negotiation and Contract:: 50%
Conflict Resolution:: 64%
Strategy & Innovation:: 54%
Service Experience:: 56%

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.

+57 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?

19% Negative

15% Neutral

66% Positive

Pros

Security Protects
Trustworthy
Helps Innovate
Acts with Integrity

Cons

Less Inspiring
Commodity Features
Under Delivered

Feature Ratings

Average 75

Multi Currency

Security

Credit Card Processing

E-Commerce Integration

Recurring Payments

Digital Wallet Integration

POS Integration

Reporting Analytics

Integration With Accounting System

POS Verification

Mobile Payments

Vendor Capability Ratings

Average 71

Quality of Features

Usability and Intuitiveness

Breadth of Features

Product Strategy and Rate of Improvement

Ease of Customization

Ease of Data Integration

Ease of Implementation

Business Value Created

Ease of IT Administration

Vendor Support

Availability and Quality of Training

Payoneer Reviews

Jose C.

Role: Information Technology
Industry: Entertainment
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Jan 2023

One of the best payment methods in the world, fast

Likeliness to Recommend

7 /10

What differentiates Payoneer from other similar products?

Payonner works in almost all of Europe and is much more dynamic than in Latin America but mixes with our clients for a secure payment

What is your favorite aspect of this product?

It is fast for our electronic commerce where transaction speed is necessary for a good experience for our customers and to be able to provide them with their products.

What do you dislike most about this product?

We need you to have a presence in Latin America or to be associated with a large one here so that we can carry out transactions without a high cost in monthly charges.

What recommendations would you give to someone considering this product?

It is a great product and easy to implement, you will achieve good sales and strategic partners.

Pros

Reliable
Performance Enhancing
Unique Features
Inspires Innovation

Amir C.

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

Validated Review

Verified Reviewer

Submitted Jun 2022

Decent payment solution program

Likeliness to Recommend

8 /10

What differentiates Payoneer from other similar products?

Payoneer works at some select regions in the world. Not as extensive as Paypal but a lot of smaller businesses prefer Payoneer over Paypal's platform.

What is your favorite aspect of this product?

They're the same features like every other payment platform.

What do you dislike most about this product?

I wish there was a program with smaller fees for small businesses

What recommendations would you give to someone considering this product?

It's pretty good. Give it a go!

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Anderzon H.

Role: Finance
Industry: Electronics
Involvement: Vendor Selection and Purchasing

Validated Review

Verified Reviewer

Submitted May 2022

Very popular but lacks features

Likeliness to Recommend

5 /10

What differentiates Payoneer from other similar products?

Payoneer is very popular worldwide, that makes it a bit interesting and that's why many people try it, but I think that its relationship with Amazon has helped it a lot so that its fame grows.

What is your favorite aspect of this product?

I really like that its services are almost global and that almost any entrepreneur from any country can use it, its multi-currency method is also very good, since it helps to expand our business a lot.

What do you dislike most about this product?

The collection interface is not nice and its integration with ecommerce platforms is not very nice, I think it needs better customization.

What recommendations would you give to someone considering this product?

That for its price it is advisable to use it and that they also do not ask for many documents to access their services, that is very good.

Pros

Saves Time

Cons

Slower Product Innovation
Vendor Friendly Policies
Under Delivered

Payoneer

What is Payoneer?

Company Details

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Awards & Recognition

Payoneer Ratings

75 Likeliness to Recommend

72 Plan to Renew

2 Since last award

71 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

Emotional Footprint Overview

+57 Net Emotional Footprint

How much do users love Payoneer?

Chart

Pros

Cons

Feature Ratings Average rating of all product features, some of which may not be shown below

Multi Currency Allows users to process payments in multiple currencies

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

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

Recurring Payments The ability to schedule payments at a cadence

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

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

Reporting Analytics Reports and analytics created from payment data

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

POS Verification Support cardholder verification methods for POS transactions

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

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.

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.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

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.

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

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.

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

Jose C.

One of the best payment methods in the world, fast

Likeliness to Recommend

Pros

Amir C.

Decent payment solution program

Likeliness to Recommend

Pros

Anderzon H.

Very popular but lacks features

Likeliness to Recommend

Pros

Cons

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2
Since last award

Feature Ratings

Multi Currency

Security

Credit Card Processing

E-Commerce Integration

Recurring Payments

Digital Wallet Integration

POS Integration

Reporting Analytics

Integration With Accounting System

POS Verification

Mobile Payments

Vendor Capability Ratings

Quality of Features

Usability and Intuitiveness

Breadth of Features

Product Strategy and Rate of Improvement

Ease of Customization

Ease of Data Integration

Ease of Implementation

Business Value Created

Ease of IT Administration

Vendor Support

Availability and Quality of Training