← Back to Payoneer
Compare
Payoneer vs PayPal
Payoneer and PayPal are both payment receiving platforms. Fees — Payoneer: Withdrawals 1.2-4% ($1.50 USD to US), 0.5% conversion, $29.95/yr if under $6K. PayPal: Fees vary by transaction type and country.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- Fees — Payoneer: Withdrawals 1.2-4% ($1.50 USD to US), 0.5% conversion, $29.95/yr if under $6K. PayPal: Fees vary by transaction type and country.
- Both pay out via Bank transfer. Only Payoneer offers ATM card. Only PayPal offers Debit card.
- PayPal is the older platform — founded in 1998, 7 years before Payoneer (2005).
Which should you choose?
Choose Payoneer if…
- You want to withdraw via ATM card.
Choose PayPal if…
- You want to withdraw via Debit card.
- You prefer a long track record (since 1998).
Side by side
|
Payoneer
The freelancer favorite for international payments - receiving accounts in USD, EUR, GBP and more, connected d…
Visit
|
PayPal
The most widely accepted way to get paid online - send an invoice or a PayPal.Me link and receive from almost…
Visit
|
|
|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | Yes | Yes |
| Fees | Withdrawals 1.2-4% ($1.50 USD to US), 0.5% conversion, $29.95/yr if under $6K | Fees vary by transaction type and country |
| Payout speed | — | Standard bank transfer free, Instant Transfer 1.75% (max $25) |
| Withdraw via | Bank transfer, ATM card | Bank transfer, Debit card |
| Availability | 190+ countries | 200+ markets |
| Founded | 2005 | 1998 |
| Headquarters | New York, United States | San Jose, United States |
| Stock ticker | NASDAQ: PAYO | NASDAQ: PYPL |
| Popularity | 58 views · 0 likes | 51 views · 0 likes |
Frequently asked questions
Which is cheaper, Payoneer or PayPal?
Payoneer: Withdrawals 1.2-4% ($1.50 USD to US), 0.5% conversion, $29.95/yr if under $6K. PayPal: Fees vary by transaction type and country.
Where are Payoneer and PayPal available?
Payoneer: 190+ countries. PayPal: 200+ markets.