When it comes to sending money across borders, we tested options like Payoneer and TorFX have emerged as leading choices. Both Payoneer and TorFX online platforms offer efficient and cost-effective and secure international money transfers from Payoneer and TorFX.
We compare Payoneer vs TorFX into the unique features and benefits that distinguish Payoneer vs TorFX, empowering you to make an informed decision based on your specific transfer needs like Payoneer vs TorFX fees, currencies available, available payment methods on Payoneer compared to TorFX, support options offered by Payoneer vs TorFX, speed and more.
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
Visit TorFX
Used By: 325,000
Currencies Available: 39
Transfer Fees: 1.91%-2.71%
Payment Methods: chaps, swift, bacs, debit card, cheque
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 200 USD
Max Transfer: none
Year Founded: 2004
| Payoneer Advantages | TorFX Advantages |
|---|---|
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| Payoneer Disadvantages | TorFX Disadvantages |
|---|---|
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| Fee type | Payoneer Fees | TorFX Fees |
|---|---|---|
| Transfer Fees | 0.50% | 1.91%-2.71% |
| Min Transfer | 50 USD | 200 USD |
| Max Transfer | 5000 USD | none |
| Payment Methods | ACH Bank Debit, local bank transfer and credit/debit card payment | chaps, swift, bacs, debit card, cheque |
| Currencies | USD, EUR, GBP, CAD, AUD, JPY, CNH | EUR, GBP, USD, CAD, AUD, NZD, JPY, ZAR, CHF, AED, BBD, BWP, BGN, CNY, HRK, CZK, DKK, XCD, FJD, HKD, HUF, INR, ILS, KES, MUR, MXN, MAD, TRY, NOK, PHP, PLN, RON, RUB, SGD, LKR, SEK, THB, TTD, UGX |
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
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
| Transfer Speed | Payoneer | TorFX |
|---|---|---|
| Account Opening | 1-3 days | 1-3 days |
| Money Transfer Speed | 1-10 days | 1-10 days |
Which is best out of Payoneer and TorFX depends on your needs.
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