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PaySimple vs Payoneer comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Payoneer
Ranking in Payment Processing Software
1st
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
PaySimple
Ranking in Payment Processing Software
24th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of October 2025, in the Payment Processing Software category, the mindshare of Payoneer is 11.2%, down from 18.3% compared to the previous year. The mindshare of PaySimple is 0.7%, up from 0.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Payment Processing Software Market Share Distribution
ProductMarket Share (%)
Payoneer11.2%
PaySimple0.7%
Other88.1%
Payment Processing Software
 

Featured Reviews

Hamza Zafar Iqbal - PeerSpot reviewer
Has supported global transactions smoothly but account blocking issues remain a concern
I have not used the business card personally, but I need to confirm with my friend who used it for purchasing and online transactions. Based on my understanding, I have not seen any security features in Payoneer because there are many customer issues reported on social media, such as accounts being blocked for unknown reasons. If your account has been blocked by Payoneer, you can complain on the Payoneer page contact support and attach your documents to unblock your account. I have never used the financial reporting and analytics tools because I have never been involved in financial management. I faced complexity when one employee's account was already existing, and when I created another account, it was blocked.
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Top Industries

By visitors reading reviews
Comms Service Provider
18%
Manufacturing Company
14%
Financial Services Firm
12%
Educational Organization
8%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Payoneer?
Regarding the pricing of Payoneer, the annual fees will be deducted by $29 per year if you are not using your Payoneer account.
What needs improvement with Payoneer?
I have not used the business card personally, but I need to confirm with my friend who used it for purchasing and online transactions. Based on my understanding, I have not seen any security featur...
What is your primary use case for Payoneer?
One of your employees reached out to me about LinkedIn and asked me about the review for a Payoneer account. From my perspective, I need an amount in USD, or when a customer wants to pay me in USD,...
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Overview

 

Sample Customers

Softogix International, platinum publishing
Carefree Boat Club, Sea Breeze