CurrencyFair vs Payoneer - Who is better? [UPDATED 2024]

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

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

CurrencyFair vs Payoneer: Quick Feature Comparison

  1. Visit CurrencyFair alternative CurrencyFair Visit CurrencyFair

    Used By: 150,000
    Currencies Available: 17
    Transfer Fees: 0.45%
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: £5.00 (or equivalent)
    Max Transfer: £10,000,000.00 (or equivalent)
    Year Founded: 2009

  2. Visit CurrencyFair 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

CurrencyFair vs Payoneer: Pros and Cons

CurrencyFair vs Payoneer
Advantages

CurrencyFair Advantages Payoneer Advantages
  • CurrencyFair has been serving clients for over 15 years
  • CurrencyFair is well rated among clients.
  • CurrencyFair is available internationally.
  • CurrencyFair has multiple currency options.
  • CurrencyFair provides phone customer support.
  • CurrencyFair provides email customer support.
  • CurrencyFair is available to iOS Apple device users.
  • CurrencyFair is available to Android mobile device users.
  • Payoneer has been in operation for over 19 years.
  • Payoneer boasts a high rating for sending money.
  • 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.

CurrencyFair vs Payoneer
Disadvantages

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

CurrencyFair vs Payoneer Fees and Other Costs

Fee type CurrencyFair Fees Payoneer Fees
Transfer Fees 0.45% 0.50%
Min Transfer £5.00 (or equivalent) 50 USD
Max Transfer £10,000,000.00 (or equivalent) 5000 USD
Payment Methods Bank transfer, debit card ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD USD, EUR, GBP, CAD, AUD, JPY, CNH

CurrencyFair vs Payoneer Restricted Countries

CurrencyFair 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

CurrencyFair vs Payoneer Transfer Speeds

Transfer Speed CurrencyFair Payoneer
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs Payoneer Languages

CurrencyFair Supported Languages

English, French, German

Payoneer Supported Languages

CurrencyFair vs Payoneer Verdict - Which is better?

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

  • CurrencyFair vs Payoneer Transfer Fees: Transferring money with CurrencyFair costs 0.45% while Payoneer charges 0.50%.
  • CurrencyFair vs Payoneer Supported Currencies: CurrencyFair deals in over 1, where as Payoneer offers transactions in 1.
  • CurrencyFair vs Payoneer Payment Methods: CurrencyFair accepts Bank transfer, debit card, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • CurrencyFair vs Payoneer Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). Payoneer's range is 50 USD to 5000 USD.
  • CurrencyFair vs Payoneer Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and Payoneer at +1 800-251-2521.
  • CurrencyFair vs Payoneer Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs Payoneer Client Base: CurrencyFair is used by 150, where as Payoneer serves 4,000,000.
  • CurrencyFair vs Payoneer Year Founded: CurrencyFair was established in 2009 and Payoneer began its operations in 2005.
  • CurrencyFair vs Payoneer Customer Rating: CurrencyFair holds a rating of 4, in contrast, Payoneer has a rating of 3.
  • CurrencyFair vs Payoneer Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while Payoneer is based at New York (US).
  • CurrencyFair vs Payoneer Employee Count: CurrencyFair employs 99 individuals, where as Payoneer has a team of 2.
  • CurrencyFair vs Payoneer Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while Payoneer boasts a turnover of 110900000.
  • CurrencyFair vs Payoneer Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • CurrencyFair vs Payoneer Supported Languages: CurrencyFair offers support in over 1 languages. Payoneer communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

Payoneer Screenshot

CurrencyFair Screenshot