Currencies Direct vs Payoneer - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Currencies Direct and Payoneer have emerged as leading choices. Both Currencies Direct and Payoneer online platforms offer efficient and cost-effective and secure international money transfers from Currencies Direct and Payoneer.

We compare Currencies Direct vs Payoneer into the unique features and benefits that distinguish Currencies Direct vs Payoneer, empowering you to make an informed decision based on your specific transfer needs like Currencies Direct vs Payoneer fees, currencies available, available payment methods on Currencies Direct compared to Payoneer, support options offered by Currencies Direct vs Payoneer, speed and more.

Currencies Direct vs Payoneer: Quick Feature Comparison

  1. Visit Currencies Direct alternative Currencies Direct Visit Currencies Direct

    Used By: 325,000
    Currencies Available: 22
    Transfer Fees: none
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP
    Year Founded: 1995

  2. Visit Currencies Direct alternative Payoneer Visit Payoneer

    Used By: 4000000
    Currencies Available: 7
    Transfer Fees: 0.50%
    Payment Methods: ACH Bank Debit, local bank transfer and credit/debit card payment
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 50 USD
    Max Transfer: 5000 USD
    Year Founded: 2005

Currencies Direct vs Payoneer: Pros and Cons

Currencies Direct vs Payoneer
Advantages

Currencies Direct Advantages Payoneer Advantages
  • Currencies Direct has been serving clients for over 29 years
  • Currencies Direct is available internationally.
  • Currencies Direct has multiple currency options.
  • Currencies Direct provides phone customer support.
  • Currencies Direct provides email customer support.
  • Currencies Direct is available to iOS Apple device users.
  • Currencies Direct is available to Android mobile device users.
  • Payoneer has been in operation for over 19 years.
  • Payoneer operates in numerous international countries.
  • Payoneer offers an extensive range of currency options for money transfers.
  • Payoneer provides phone support.
  • Payoneer offers registered customers email support.
  • Payoneer has a Apple iOS app on Apple app store.
  • Payoneer offers a Android Google Play Store mobile app.

Currencies Direct vs Payoneer
Disadvantages

Currencies Direct Disadvantages Payoneer Disadvantages
  • Currencies Direct has no PayPal support.
  • Currencies Direct has no Neteller payments support.
  • Currencies Direct has no Skrill payment support.
  • Currencies Direct does have a mobile digital wallet like some others.
  • No home delivery with Currencies Direct.
  • No cash pickups with Currencies Direct.
  • No money order support with Currencies Direct.
  • No live chat support with Currencies Direct.
  • Payoneer has no PayPal option.
  • Payoneer has no Neteller option.
  • Payoneer has no Skrill option.
  • No digital wallets with Payoneer.
  • No Payoneer home delivery.
  • No Payoneer Cash pickups.
  • No Payoneer money order option.
  • No Payoneer Livechat.

Currencies Direct vs Payoneer Fees and Other Costs

Fee type Currencies Direct Fees Payoneer Fees
Transfer Fees none 0.50%
Min Transfer none 50 USD
Max Transfer 25000 GBP 5000 USD
Payment Methods Bank transfer, debit card ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies AUD, CAD, DKK, EUR, HUF, INR, JPY, MUR, MAD, NZD, NOK, PLN, RON, SGD, ZAR, SEK, CHF, THB, AED, USD, HKD, RMB USD, EUR, GBP, CAD, AUD, JPY, CNH

Currencies Direct vs Payoneer Restricted Countries

Currencies Direct Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Payoneer Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Currencies Direct vs Payoneer Transfer Speeds

Transfer Speed Currencies Direct Payoneer
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Currencies Direct vs Payoneer Languages

Currencies Direct Supported Languages

Payoneer Supported Languages

Currencies Direct vs Payoneer Verdict - Which is better?

Which is best out of Currencies Direct and Payoneer depends on your needs.

  • Currencies Direct vs Payoneer Transfer Fees: Transferring money with Currencies Direct costs none while Payoneer charges 0.50%.
  • Currencies Direct vs Payoneer Supported Currencies: Currencies Direct deals in over 1, where as Payoneer offers transactions in 1.
  • Currencies Direct vs Payoneer Payment Methods: Currencies Direct accepts Bank transfer, debit card, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • Currencies Direct vs Payoneer Transfer Limits: Currencies Direct allows transfers between none and 25000 GBP. Payoneer's range is 50 USD to 5000 USD.
  • Currencies Direct vs Payoneer Minimum Age for Account Creation: Currencies Direct requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach Currencies Direct at 44 (0) 20 7847 9400 and Payoneer at +1 800-251-2521.
  • Currencies Direct vs Payoneer Countries of Operation: Currencies Direct operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • Currencies Direct vs Payoneer Client Base: Currencies Direct is used by 325, where as Payoneer serves 4,000,000.
  • Currencies Direct vs Payoneer Year Founded: Currencies Direct was established in 1995 and Payoneer began its operations in 2005.
  • Currencies Direct vs Payoneer Customer Rating: Currencies Direct holds a rating of 3, in contrast, Payoneer has a rating of 3.
  • Currencies Direct vs Payoneer Headquarters: Currencies Direct has its headquarters at London (GB), while Payoneer is based at New York (US).
  • Currencies Direct vs Payoneer Employee Count: Currencies Direct employs 276 individuals, where as Payoneer has a team of 2.
  • Currencies Direct vs Payoneer Estimated Annual Turnover: Currencies Direct turnover stands at 257,000,000 USD , while Payoneer boasts a turnover of 110900000.
  • Currencies Direct vs Payoneer Founder: Currencies Direct was founded by Leo Markides, holding the position of Chief Operating Officer. On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • Currencies Direct vs Payoneer Supported Languages: Currencies Direct offers support in over 1 languages. Payoneer communicates in 1.

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Currencies Direct vs Payoneer Alternatives Guides

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Screenshots

Currencies Direct Screenshot

Currencies Direct Screenshot

Payoneer Screenshot

Currencies Direct Screenshot