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

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

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

TransferGo vs Payoneer: Quick Feature Comparison

  1. Visit TransferGo alternative TransferGo Visit TransferGo

    Used By: 2,500,000
    Currencies Available: 39
    Transfer Fees: 0.5%-1.5%
    Payment Methods: Bank transfer, debit card, credit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1.5 GBP
    Max Transfer: 1000000 GBP
    Year Founded: 2012

  2. Visit TransferGo 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

TransferGo vs Payoneer: Pros and Cons

TransferGo vs Payoneer
Advantages

TransferGo Advantages Payoneer Advantages
  • TransferGo has been serving clients for over 12 years
  • TransferGo is available internationally.
  • TransferGo has multiple currency options.
  • TransferGo provides phone customer support.
  • TransferGo provides email customer support.
  • TransferGo is available to iOS Apple device users.
  • TransferGo is available to Android mobile device users.
  • Payoneer has been in operation for over 19 years.
  • 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.

TransferGo vs Payoneer
Disadvantages

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

TransferGo vs Payoneer Fees and Other Costs

Fee type TransferGo Fees Payoneer Fees
Transfer Fees 0.5%-1.5% 0.50%
Min Transfer 1.5 GBP 50 USD
Max Transfer 1000000 GBP 5000 USD
Payment Methods Bank transfer, debit card, credit card ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies AUD, EUR, BHD, USD, BDT, BGN, CAD, CZK, DKK, HKD, HUF, INR, IDR, ILS, JPY, KES, KWD, MXN, NPR, NZD, NGN, NOK, OMR, PKR, PHP, PLN, QAR, RON, RUB, SAR, SGD, ZAR, LKR, SEK, CHF, TBH, TRY, GBP, UAH USD, EUR, GBP, CAD, AUD, JPY, CNH

TransferGo vs Payoneer Restricted Countries

TransferGo 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

TransferGo vs Payoneer Transfer Speeds

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

TransferGo vs Payoneer Languages

TransferGo Supported Languages

English, Russian, Lithuanian, Polish, Romanian, Latvian, Ukrainian, German, Turkish

Payoneer Supported Languages

TransferGo vs Payoneer Verdict - Which is better?

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

  • TransferGo vs Payoneer Transfer Fees: Transferring money with TransferGo costs 0.5%-1.5% while Payoneer charges 0.50%.
  • TransferGo vs Payoneer Supported Currencies: TransferGo deals in over 1, where as Payoneer offers transactions in 1.
  • TransferGo vs Payoneer Payment Methods: TransferGo accepts Bank transfer, debit card, credit card, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • TransferGo vs Payoneer Transfer Limits: TransferGo allows transfers between 1.5 GBP and 1000000 GBP. Payoneer's range is 50 USD to 5000 USD.
  • TransferGo vs Payoneer Minimum Age for Account Creation: TransferGo requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach TransferGo at +49 30 2000 42053 and Payoneer at +1 800-251-2521.
  • TransferGo vs Payoneer Countries of Operation: TransferGo operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • TransferGo vs Payoneer Client Base: TransferGo is used by 2, where as Payoneer serves 4,000,000.
  • TransferGo vs Payoneer Year Founded: TransferGo was established in 2012 and Payoneer began its operations in 2005.
  • TransferGo vs Payoneer Customer Rating: TransferGo holds a rating of 3, in contrast, Payoneer has a rating of 3.
  • TransferGo vs Payoneer Headquarters: TransferGo has its headquarters at London (GB), while Payoneer is based at New York (US).
  • TransferGo vs Payoneer Employee Count: TransferGo employs 192 individuals, where as Payoneer has a team of 2.
  • TransferGo vs Payoneer Estimated Annual Turnover: TransferGo turnover stands at 44500000 USD, while Payoneer boasts a turnover of 110900000.
  • TransferGo vs Payoneer Founder: TransferGo was founded by Edvinas Sersniovas, holding the position of Co-Founder. On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • TransferGo vs Payoneer Supported Languages: TransferGo offers support in over 1 languages. Payoneer communicates in 1.

We list reviews for the best TransferGo vs Payoneer related money services below.

TransferGo vs Payoneer Alternatives Guides

If you would like to see some of the best TransferGo vs Payoneer related services compared against their best TransferGo vs Payoneer alternatives available right now. Learn more about TransferGo vs Payoneer alternatives by clicking on the links below.



Screenshots

TransferGo Screenshot

TransferGo Screenshot

Payoneer Screenshot

TransferGo Screenshot