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

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

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

Payoneer vs Placid: Quick Feature Comparison

  1. Visit Payoneer 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

  2. Visit Payoneer alternative Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

Payoneer vs Placid: Pros and Cons

Payoneer vs Placid
Advantages

Payoneer Advantages Placid Advantages
  • Payoneer has been serving clients for over 19 years
  • Payoneer is available internationally.
  • Payoneer has multiple currency options.
  • Payoneer provides phone customer support.
  • Payoneer provides email customer support.
  • Payoneer is available to iOS Apple device users.
  • Payoneer is available to Android mobile device users.
  • Placid has been in operation for over 129 years.
  • Placid operates in numerous international countries.
  • Placid offers an extensive range of currency options for money transfers.
  • Placid provides phone support.
  • Placid offers registered customers email support.
  • Placid has a Apple iOS app on Apple app store.
  • Placid offers a Android Google Play Store mobile app.

Payoneer vs Placid
Disadvantages

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

Payoneer vs Placid Fees and Other Costs

Fee type Payoneer Fees Placid Fees
Transfer Fees 0.50% none
Min Transfer 50 USD none
Max Transfer 5000 USD 2900 USD/day, 7000 USD/month, 20000 USD/3 months
Payment Methods ACH Bank Debit, local bank transfer and credit/debit card payment debit ard, credit card, placid express
Currencies USD, EUR, GBP, CAD, AUD, JPY, CNH BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM

Payoneer vs Placid Restricted Countries

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

Placid 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 vs Placid Transfer Speeds

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

Payoneer vs Placid Languages

Payoneer Supported Languages

Placid Supported Languages

Payoneer vs Placid Verdict - Which is better?

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

  • Payoneer vs Placid Transfer Fees: Transferring money with Payoneer costs 0.50% while Placid charges none.
  • Payoneer vs Placid Supported Currencies: Payoneer deals in over 1, where as Placid offers transactions in 1.
  • Payoneer vs Placid Payment Methods: Payoneer accepts ACH Bank Debit, local bank transfer and credit/debit card payment, while Placid allows transactions via debit ard, credit card, placid express.
  • Payoneer vs Placid Transfer Limits: Payoneer allows transfers between 50 USD and 5000 USD. Placid's range is none to 2900 USD/day, 7000 USD/month, 20000 USD/3 months.
  • Payoneer vs Placid Minimum Age for Account Creation: Payoneer requires users to be at least 18 years old, where as Placid has a minimum age requirement of 18.
  • Contact Number: You can reach Payoneer at +1 800-251-2521 and Placid at 1-718-392-3500.
  • Payoneer vs Placid Countries of Operation: Payoneer operates in over 1 countries but has restrictions in over 1 countries. Placid serves 1 countries and restricts operations in 1 countries.
  • Payoneer vs Placid Client Base: Payoneer is used by 4,000,000, where as Placid serves 500,000.
  • Payoneer vs Placid Year Founded: Payoneer was established in 2005 and Placid began its operations in 1895.
  • Payoneer vs Placid Customer Rating: Payoneer holds a rating of 3, in contrast, Placid has a rating of 3.
  • Payoneer vs Placid Headquarters: Payoneer has its headquarters at New York (US), while Placid is based at New York, US.
  • Payoneer vs Placid Employee Count: Payoneer employs 2 individuals, where as Placid has a team of 250.
  • Payoneer vs Placid Estimated Annual Turnover: Payoneer turnover stands at 110900000, while Placid boasts a turnover of 20,000,000 USD.
  • Payoneer vs Placid Founder: Payoneer was founded by Charles Rosenblatt, holding the position of Chief Strategy Officer. On the other hand, Placid was the brainchild of Marcy Miller,, currently holding the position of CEO.
  • Payoneer vs Placid Supported Languages: Payoneer offers support in over 1 languages. Placid communicates in 1.

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Payoneer vs Placid Alternatives Guides

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Screenshots

Payoneer Screenshot

Payoneer Screenshot

Placid Screenshot

Payoneer Screenshot