XE Money Transfer vs Payoneer - Who is better? [UPDATED 2024]

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

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

XE Money Transfer vs Payoneer: Quick Feature Comparison

  1. Visit XE Money Transfer alternative XE Money Transfer Visit XE Money Transfer

    Used By: 280000000
    Currencies Available: 76
    Transfer Fees: none
    Payment Methods: Bank transfer, credit card, debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$500,000.00 (or equivalent)
    Year Founded: 1993

  2. Visit XE Money Transfer 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

XE Money Transfer vs Payoneer: Pros and Cons

XE Money Transfer vs Payoneer
Advantages

XE Money Transfer Advantages Payoneer Advantages
  • XE Money Transfer has been serving clients for over 31 years
  • XE Money Transfer is well rated among clients.
  • XE Money Transfer is available internationally.
  • XE Money Transfer has multiple currency options.
  • XE Money Transfer provides phone customer support.
  • XE Money Transfer provides email customer support.
  • XE Money Transfer is available to iOS Apple device users.
  • XE Money Transfer 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.

XE Money Transfer vs Payoneer
Disadvantages

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

XE Money Transfer vs Payoneer Fees and Other Costs

Fee type XE Money Transfer Fees Payoneer Fees
Transfer Fees none 0.50%
Min Transfer US$1.00 50 USD
Max Transfer US$500,000.00 (or equivalent) 5000 USD
Payment Methods Bank transfer, credit card, debit card ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies AED, BDT, BHD, BTN, HKD, IDR, ILS, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, QAR, RUB, SGD, THB, TRY, TWD, VND, BAM, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, NOK, PLN, RON, RSD, SEK, BBD, CAD, CRC, DOP, GTQ, HNL, JMD, MXN, TTD, USD, XCD, AUD, FJD, NZD, TOP, WST, ETB, GHS, GMD, GNF, KES, MAD, MUR, MZN, RWF, SLL, TND, TZS, UGX, ZAR, ARS, BOB, CLP, COP, GYD, PEN, PYG, UYU USD, EUR, GBP, CAD, AUD, JPY, CNH

XE Money Transfer vs Payoneer Restricted Countries

XE Money Transfer 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

XE Money Transfer vs Payoneer Transfer Speeds

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

XE Money Transfer vs Payoneer Languages

XE Money Transfer Supported Languages

English, German, Spanish, French, Portuguese, Italian, Swedish, Chinese (Simplified), Chinese (Traditional), Arabic

Payoneer Supported Languages

XE Money Transfer vs Payoneer Verdict - Which is better?

Which is best out of XE Money Transfer and Payoneer depends on your needs.

  • XE Money Transfer vs Payoneer Transfer Fees: Transferring money with XE Money Transfer costs none while Payoneer charges 0.50%.
  • XE Money Transfer vs Payoneer Supported Currencies: XE Money Transfer deals in over 1, where as Payoneer offers transactions in 1.
  • XE Money Transfer vs Payoneer Payment Methods: XE Money Transfer accepts Bank transfer, credit card, debit card, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • XE Money Transfer vs Payoneer Transfer Limits: XE Money Transfer allows transfers between US$1.00 and US$500,000.00 (or equivalent). Payoneer's range is 50 USD to 5000 USD.
  • XE Money Transfer vs Payoneer Minimum Age for Account Creation: XE Money Transfer requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach XE Money Transfer at 441753441844 and Payoneer at +1 800-251-2521.
  • XE Money Transfer vs Payoneer Countries of Operation: XE Money Transfer operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • XE Money Transfer vs Payoneer Client Base: XE Money Transfer is used by 280,000,000, where as Payoneer serves 4,000,000.
  • XE Money Transfer vs Payoneer Year Founded: XE Money Transfer was established in 1993 and Payoneer began its operations in 2005.
  • XE Money Transfer vs Payoneer Customer Rating: XE Money Transfer holds a rating of 4, in contrast, Payoneer has a rating of 3.
  • XE Money Transfer vs Payoneer Headquarters: XE Money Transfer has its headquarters at Newmarket, Canada, while Payoneer is based at New York (US).
  • XE Money Transfer vs Payoneer Employee Count: XE Money Transfer employs 350 individuals, where as Payoneer has a team of 2.
  • XE Money Transfer vs Payoneer Estimated Annual Turnover: XE Money Transfer turnover stands at 10000000000USD, while Payoneer boasts a turnover of 110900000.
  • XE Money Transfer vs Payoneer Founder: XE Money Transfer was founded by Jeff Boss, holding the position of Chief Financial Officer. On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • XE Money Transfer vs Payoneer Supported Languages: XE Money Transfer offers support in over 1 languages. Payoneer communicates in 1.

We list reviews for the best XE Money Transfer vs Payoneer related money services below.

XE Money Transfer vs Payoneer Alternatives Guides

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Screenshots

XE Money Transfer Screenshot

XE Money Transfer Screenshot

Payoneer Screenshot

XE Money Transfer Screenshot