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Payoneer Reviews & Product Details

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Value at a Glance

Averages based on real user reviews.

Time to Implement

2 months

Return on Investment

11 months

User Insights

Average based on 373 real user reviews.

Implementation Time

2 months

Perceived Cost

$$$$$

Payoneer Reviews (373)

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Reviews

Payoneer Reviews (373)

View 1 Video Reviews
3.2
373 reviews

What do users say?

Generated using AI from real user reviews
Users consistently praise the platform for its ease of use and fast processing of international payments, making it a reliable choice for freelancers and businesses. Many appreciate the ability to receive payments in multiple currencies and the straightforward withdrawal process. However, a common concern is the high fees associated with transactions, which can be frustrating for users.

Pros & Cons

Generated from real user reviews
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SN
Sho N.
Manager
Small-Business (50 or fewer emp.)
"Worst service of its kind."
0/5
What do you like best about Payoneer?

Nothing. Really, absolutely nothing. Not a damn thing. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

These guys make it so hard for people to enable their accounts just so that they can receive the money owed through them.

This account is forced on people by ebay, and they essentially hold your money hostage unless they complete stupid tasks.

Not even my banks have ever been this annoying.

I provided everything they asked for so I can withdraw MY money, and they still ask for more.

I gave them a picture with a VERY CLEARLY visible date, and yet they tell me that it's not readable.

The entire system is EXTREMELY frustrating and I can't stress that enough.

Never have I seen a system designed to frustrate the hell out of their customers.

Not paypal, not Wise, not any bank I've ever dealt with in my life, just this one, payoneer.

It's no wonder the only way they're getting any customers is by forcing the "service" down the throat of ebay users. Because otherwise they wouldn't get a damn soul.

Reference: 260720-000706 Review collected by and hosted on G2.com.

FAVOUR O.
FO
FAVOUR O.
DevOps Engineer
Small-Business (50 or fewer emp.)
"Great Multi-Currency Promise, But Verification Blocks Getting Started"
3/5
What do you like best about Payoneer?

What attracted me to Payoneer was the promise of multi-currency receiving accounts and easy withdrawals to my local bank. exactly what a freelancer in Nigeria needs to get paid by international clients. On paper, it solves a real problem. Unfortunately, I can only speak to the promise, because I haven't been able to get past verification to actually use any of it. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

The verification process has been endless and feels designed for established businesses, not individual freelancers. It requires a website URL as a compulsory field, but many freelancers, myself included, work through client referrals or platforms and don't have one. There's no clear alternative path, so my account has been stuck and unusable. Review collected by and hosted on G2.com.

Deborah Vanessa R.
DR
Deborah Vanessa R.
Customer Success Manager
Small-Business (50 or fewer emp.)
"Account Restricted, Funds Withheld, and Support That Ghosts You"
0/5
What do you like best about Payoneer?

Before my account was restricted, Payoneer's multi-currency receiving accounts were genuinely useful. I've been a Payoneer customer for over 10 years and unfortunately, that trust has been completely broken by how they have handled my account. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

I submitted a country change request on April 9th, providing all required documentation including my passport and an electricity bill. Over a month later, I have received zero response and zero acknowledgement from Payoneer.

Instead of processing my request, Payoneer waited until I received a payment into my account, then restricted it. I cannot access my own money. There was no warning, no explanation, and no communication whatsoever.

Payoneer advertises 24/7 customer support. This is false advertising. When I urgently tried to contact them, support was showing as closed. There is no way to reach a real person when you need help most.

As a direct result of this, I am at risk of missing rent and utility payments. I have been forced to involve legal counsel and have formally notified Payoneer that I am filing with consumer protection authorities. Review collected by and hosted on G2.com.

Vahan Y.
VY
Vahan Y.
Customer Support Representative
Small-Business (50 or fewer emp.)
"Non-existent support, and dangerously fraud company vibes"
0/5
What do you like best about Payoneer?

Nothing positive at the moment. The negative experience has been overwhelming, and the main downside is their support team, which has gone completely silent for two months without providing any resolution. When I tried leaving comments on their LinkedIn page to get visibility and help, they repeatedly deleted my comments while keeping other people’s comments. That comes across as selective treatment and, to me, suggests racism on top of already incompetent support. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

The biggest red flag for me, and the deal breaker, is how inactive their support team is. They request documents, I provide them, they say everything will be reviewed, and then poof: they’re gone. No replies, complete silence, even after several follow-up requests for updates over the course of weeks. What am I supposed to think about a company that has my personal documents but won’t respond to my messages, and that also deletes my LinkedIn comments on their page when I ask for an update? At this point, it genuinely feels like a spam company. Review collected by and hosted on G2.com.

Ayabonga Zimkhitha N.
AN
Ayabonga Zimkhitha N.
Online ESL Teacher
E-Learning
Mid-Market (51-1000 emp.)
"Easy Setup but High Fees"
4/5
What do you like best about Payoneer?

I like that Payoneer sends money straight to my bank account, which is really convenient. I also appreciate that it converts the currency for me, so the money arrives in my local currency, South African rands, instead of USD. It is fast and reliable. The initial setup was incredibly easy, requiring just my email and a proof of address, and it took less than twenty-four hours. I find it quite secure since it enables two-factor authentication using my cell phone and password. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

I think the 4% withdrawal fee is a bit too steep. 4% is a lot. And it doesn't take into consideration what the currency might be in my country and yeah, I don't like the withdrawal fees. Review collected by and hosted on G2.com.

Djordje S.
DS
Djordje S.
Information Technology System Engineer
Small-Business (50 or fewer emp.)
"Extremely Frustrating Verification Process – Lost Time and Money"
0/5
What do you like best about Payoneer?

The only positive aspect of my experience with Payoneer was one customer support agent who helped me resolve a minor issue. The agent was professional, responsive, and genuinely tried to assist me, which I appreciated. Unfortunately, this was the only good part of my overall experience with the platform. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

My experience with Payoneer was extremely frustrating and disappointing, primarily due to their verification process. I spent a significant amount of time and effort trying to provide the required documentation, yet my documents were repeatedly rejected without any clear or reasonable explanation.

One of the biggest issues was that Payoneer did not accept an official document issued by my bank. The document clearly confirmed that I have an account at the bank and included all necessary details such as my full name, account number, issue date, bank logo, and other relevant information. It fully met the requirements typically requested for verification, yet it was still rejected. I find this very difficult to understand, especially considering that such documents are standard and widely accepted.

Because of these repeated rejections, I had to leave work five separate times and even use my vacation days just to try to obtain alternative documents that might be accepted. This caused me to lose both time and money. Some of the requested requirements appear to be unrealistic or very difficult to fulfill in Bosnia and Herzegovina, which makes the platform unnecessarily complicated for users from certain countries.

In addition, the AI chatbot support is very poor and was not helpful at all during this process. It provided generic responses that did not address my specific situation, which only increased the frustration and wasted even more of my time. Getting meaningful assistance through the chatbot was nearly impossible.

Overall, the verification process felt overly complicated, inconsistent, and not adapted to real-world situations in different countries. Due to these issues, I decided to stop using the platform entirely. Review collected by and hosted on G2.com.

Yannick A.
YA
Yannick A.
Product Designer
Small-Business (50 or fewer emp.)
"Terrible service, no ownership, and massive refund delays"
0/5
What do you like best about Payoneer?

I would not recommend Payoneer to anyone. I have 0 aspects I like about Payoneer Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

I have six open support cases for the same unresolved issues, showing a complete lack of ownership and internal coordination.

A payment made on 9 February is still pending a refund, and support supervisors are now stating it may take up to a further 24 business days.

I was instructed to create a new account due to my original account being created via Fiverr — only to discover the same restrictions still apply.

I cannot fund my account or send business payments unless I reach a $500 threshold, which defeats the purpose of using a payment platform.

My Dutch business bank account is incorrectly classified as a personal account, causing bank transfers to be rejected.

Support response times are slow, inconsistent, and require me to repeatedly explain the same issue from scratch.

I’ve had to spend money on international phone calls for follow-ups that lead nowhere and produce no resolution.

Overall, the support experience is fragmented, contradictory, and unaccountable. Review collected by and hosted on G2.com.

Ashley M.
AM
Ashley M.
QUALITY ANALYST
Mid-Market (51-1000 emp.)
"Faster Processing and Lower Fees—A Great Experience Overall"
5/5
What do you like best about Payoneer?

It processes faster, especially from where I live. Plus, the transaction fees are lower too. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

There customer service. It's not readily accessible to everyone who needs immediate assistance Review collected by and hosted on G2.com.

William Munda L.
WL
William Munda L.
Data Entry Specialist
Small-Business (50 or fewer emp.)
"Super Straightforward Payments for International Clients"
4.5/5
What do you like best about Payoneer?

It makes getting paid by international clients super straightforward Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

The customer support can be really tough to get a hold of when you're in a rush. Sometimes accounts randomly go through verification checks right when you're trying to move money, which holds things up. Review collected by and hosted on G2.com.

Yván  B.
YB
Yván B.
Jefe de operaciones tecnológicas
Translation and Localization
Small-Business (50 or fewer emp.)
"Effortlessly Manage Global Payments, Needs Better Support"
4/5
What do you like best about Payoneer?

I use Payoneer to consolidate global earnings, and I love that it allows me to receive multi-currency payments from various companies and marketplaces into one secure account. I appreciate its ability to eliminate high wire fees and solve currency conversion hurdles. The feature that stands out to me is the ability to receive global payments locally and access funds instantly via my Payoneer Mastercard. Converting currencies in Payoneer is very practical for a global freelancer like me, enabling me to manage my funds strategically without requiring multiple bank accounts. It saves on fees with low 0.5% conversion fees, which significantly beats traditional bank markups. Additionally, setting up Payoneer was no problem, and I prefer Payoneer over PayPal. Review collected by and hosted on G2.com.

What do you dislike about Payoneer?

Customer service needs more communication channels beyond chat to resolve complex issues effectively and reduce frustratingly long wait times. They should offer a real-time status tracking to reduce frustrating support delays. Review collected by and hosted on G2.com.

Questions about Payoneer? Ask real users or explore answers from the community

Get practical answers, real workflows, and honest pros and cons from the G2 community or share your insights.

GU
Guest User
•
Last activity 9 months ago

What is Payoneer and how it works?

2 Upvotes
2
Join the conversation
Deborah Vanessa R.
DR
Deborah Vanessa Ramirez
•
Last activity 6 months ago

Has anyone dealt with Payoneer account restrictions after a country change request?

Pricing Insights

Averages based on real user reviews.

Time to Implement

2 months

Return on Investment

11 months

Average Discount

11%

Payoneer Comparisons
Payoneer Features
Instant Payment
Accepted Credit Cards and Debit Cards
Real-Time Payments
Reporting/Dashboards
User, Role, and Access Management
Payout Time
Fraud Protection Tools
Two-Factor Authentication
Performance and Reliability
Internationalization - Currency/Language
Internationalization - Operating Country