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

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

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

Payoneer vs Sendwave: 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 Sendwave Visit Sendwave

    Used By: 600,000
    Currencies Available: 8
    Transfer Fees: 1.5%-5%
    Payment Methods: debit card only
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 999 USD/Day, 2999 USD/month
    Year Founded: 2011

Payoneer vs Sendwave: Pros and Cons

Payoneer vs Sendwave
Advantages

Payoneer Advantages Sendwave 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.
  • Sendwave has been in operation for over 13 years.
  • Sendwave offers an extensive range of currency options for money transfers.
  • Sendwave provides phone support.
  • Sendwave offers registered customers email support.
  • Sendwave has a Apple iOS app on Apple app store.
  • Sendwave offers a Android Google Play Store mobile app.

Payoneer vs Sendwave
Disadvantages

Payoneer Disadvantages Sendwave 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.
  • Sendwave has no PayPal option.
  • Sendwave has no Neteller option.
  • Sendwave has no Skrill option.
  • Sendwave is not available is as many regions as some other providers.
  • No digital wallets with Sendwave.
  • No Sendwave home delivery.
  • No Sendwave Cash pickups.
  • No Sendwave money order option.
  • No Sendwave Livechat.

Payoneer vs Sendwave Fees and Other Costs

Fee type Payoneer Fees Sendwave Fees
Transfer Fees 0.50% 1.5%-5%
Min Transfer 50 USD none
Max Transfer 5000 USD 999 USD/Day, 2999 USD/month
Payment Methods ACH Bank Debit, local bank transfer and credit/debit card payment debit card only
Currencies USD, EUR, GBP, CAD, AUD, JPY, CNH BDT, GHG, KSH, NGN, CFA, TSH, UGX, XOF

Payoneer vs Sendwave 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

Sendwave 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 Sendwave Transfer Speeds

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

Payoneer vs Sendwave Languages

Payoneer Supported Languages

Sendwave Supported Languages

Payoneer vs Sendwave Verdict - Which is better?

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

  • Payoneer vs Sendwave Transfer Fees: Transferring money with Payoneer costs 0.50% while Sendwave charges 1.5%-5%.
  • Payoneer vs Sendwave Supported Currencies: Payoneer deals in over 1, where as Sendwave offers transactions in 1.
  • Payoneer vs Sendwave Payment Methods: Payoneer accepts ACH Bank Debit, local bank transfer and credit/debit card payment, while Sendwave allows transactions via debit card only.
  • Payoneer vs Sendwave Transfer Limits: Payoneer allows transfers between 50 USD and 5000 USD. Sendwave's range is none to 999 USD/Day, 2999 USD/month.
  • Payoneer vs Sendwave Minimum Age for Account Creation: Payoneer requires users to be at least 18 years old, where as Sendwave has a minimum age requirement of 18.
  • Contact Number: You can reach Payoneer at +1 800-251-2521 and Sendwave at 1 888 966 8603.
  • Payoneer vs Sendwave Countries of Operation: Payoneer operates in over 1 countries but has restrictions in over 1 countries. Sendwave serves 1 countries and restricts operations in 1 countries.
  • Payoneer vs Sendwave Client Base: Payoneer is used by 4,000,000, where as Sendwave serves 600.
  • Payoneer vs Sendwave Year Founded: Payoneer was established in 2005 and Sendwave began its operations in 2011.
  • Payoneer vs Sendwave Customer Rating: Payoneer holds a rating of 3, in contrast, Sendwave has a rating of 3.
  • Payoneer vs Sendwave Headquarters: Payoneer has its headquarters at New York (US), while Sendwave is based at Boston, US.
  • Payoneer vs Sendwave Employee Count: Payoneer employs 2 individuals, where as Sendwave has a team of 100.
  • Payoneer vs Sendwave Estimated Annual Turnover: Payoneer turnover stands at 110900000, while Sendwave boasts a turnover of 280000000.
  • Payoneer vs Sendwave Founder: Payoneer was founded by Charles Rosenblatt, holding the position of Chief Strategy Officer. On the other hand, Sendwave was the brainchild of Will Fogel, currently holding the position of CEO.
  • Payoneer vs Sendwave Supported Languages: Payoneer offers support in over 1 languages. Sendwave communicates in 1.

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Payoneer vs Sendwave Alternatives Guides

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Screenshots

Payoneer Screenshot

Payoneer Screenshot

Sendwave Screenshot

Payoneer Screenshot