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

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

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

Remitly vs Payoneer: Quick Feature Comparison

  1. Visit Remitly alternative Remitly Visit Remitly

    Used By: 3000000
    Currencies Available: 63
    Transfer Fees: 0-3.99$
    Payment Methods: Bank transfer, credit/debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$20,000.00
    Year Founded: 2011

  2. Visit Remitly 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

Remitly vs Payoneer: Pros and Cons

Remitly vs Payoneer
Advantages

Remitly Advantages Payoneer Advantages
  • Remitly has been serving clients for over 13 years
  • Remitly is well rated among clients.
  • Remitly is available internationally.
  • Remitly has multiple currency options.
  • Remitly supports money transfer cash pickups.
  • Remitly is available to iOS Apple device users.
  • Remitly 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.

Remitly vs Payoneer
Disadvantages

Remitly Disadvantages Payoneer Disadvantages
  • Remitly has no PayPal support.
  • Remitly has no Neteller payments support.
  • Remitly has no Skrill payment support.
  • Remitly does have a mobile digital wallet like some others.
  • No home delivery with Remitly.
  • No money order support with Remitly.
  • No live chat support with Remitly.
  • Remitly has no telephone support.
  • Remitly email support is limited.
  • 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.

Remitly vs Payoneer Fees and Other Costs

Fee type Remitly Fees Payoneer Fees
Transfer Fees 0-3.99$ 0.50%
Min Transfer US$1.00 50 USD
Max Transfer US$20,000.00 5000 USD
Payment Methods Bank transfer, credit/debit card ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies ALL, ARS, EUR, BSD, BDT, XOF, BOB, BRL, BGN, BIF, USD, XAF, CLP, CNY, COP, KMF, CRC, HRK, CZK, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, GYD, HNL, HUF, INR, IDR, JMD, JPY, JOD, KES, MGA, MWK, MYR, MXN, MAD, NPR, NGN, PKR, PYG, PEN, PHP, PLN, RON, RUB, RWF, SLL, ZAR, KRW, LKR, TSZ, THB, TND, TRY, UGX, UYU, VND, ZMW USD, EUR, GBP, CAD, AUD, JPY, CNH

Remitly vs Payoneer Restricted Countries

Remitly Country Restrictions

North Korea

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

Remitly vs Payoneer Transfer Speeds

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

Remitly vs Payoneer Languages

Remitly Supported Languages

English, French, Spanish, Polish, Vietnamese, German, Romanian, Italian and Turkish.

Payoneer Supported Languages

Remitly vs Payoneer Verdict - Which is better?

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

  • Remitly vs Payoneer Transfer Fees: Transferring money with Remitly costs 0-3.99$ while Payoneer charges 0.50%.
  • Remitly vs Payoneer Supported Currencies: Remitly deals in over 1, where as Payoneer offers transactions in 1.
  • Remitly vs Payoneer Payment Methods: Remitly accepts Bank transfer, credit/debit card, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • Remitly vs Payoneer Transfer Limits: Remitly allows transfers between US$1.00 and US$20,000.00. Payoneer's range is 50 USD to 5000 USD.
  • Remitly vs Payoneer Minimum Age for Account Creation: Remitly requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach Remitly at and Payoneer at +1 800-251-2521.
  • Remitly vs Payoneer Countries of Operation: Remitly operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • Remitly vs Payoneer Client Base: Remitly is used by 3,000,000, where as Payoneer serves 4,000,000.
  • Remitly vs Payoneer Year Founded: Remitly was established in 2011 and Payoneer began its operations in 2005.
  • Remitly vs Payoneer Customer Rating: Remitly holds a rating of 4, in contrast, Payoneer has a rating of 3.
  • Remitly vs Payoneer Headquarters: Remitly has its headquarters at Seattle (US), while Payoneer is based at New York (US).
  • Remitly vs Payoneer Employee Count: Remitly employs 1,000 individuals, where as Payoneer has a team of 2.
  • Remitly vs Payoneer Estimated Annual Turnover: Remitly turnover stands at 143100000, while Payoneer boasts a turnover of 110900000.
  • Remitly vs Payoneer Founder: Remitly was founded by , holding the position of . On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • Remitly vs Payoneer Supported Languages: Remitly offers support in over 1 languages. Payoneer communicates in 1.

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Remitly vs Payoneer Alternatives Guides

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Screenshots

Remitly Screenshot

Remitly Screenshot

Payoneer Screenshot

Remitly Screenshot