Top 5 Payoneer Alternatives in 2025 & Who They’re Best For

Payoneer is popular for cross-border payments, but it’s far from perfect.
High fees, limited support, and confusing pricing structures can turn a convenient platform into a frustrating one.

If you’re running an international business, freelancing across borders, or managing a remote team, you need more than just “good enough.” You need a payment solution that’s transparent, flexible, and actually works for the way you do business.

If you're looking for a more cost-effective solution, faster payouts, or stronger customer service, this list of Payoneer alternatives can help you find the right fit.

What Makes a Good Alternative to Payoneer? 

Before we help you find a better option, it is important to understand what you actually need. Maybe you’re tired of the high fees, you’ve run into support issues, or you just want a backup you can rely on. Whatever the reason, a good alternative should give you more control, better value, and less hassle.

Here’s what to look for:

• Transparent Fees - Choose a provider that gives you a fair breakdown of all costs, including monthly fees, transfer fees and currency conversion fees. 
• Accessible Customer Support - Look for platforms that offer phone, email, or live chat support. It's best if those are available without requiring a login, so you can still get help even when you lose access to your account.
• Competitive FXs and Currency Risk Management Tool - A reasonable exchange rate and useful FX features, such as the ability to lock in rates or control exchange timing, can help ensure the recipient gets the right amount and help you get the most from your payment.
• Simplicity and Ease of Use – The platform should have an intuitive interface, easy onboarding, and streamlined processes that reduce administrative complexity and improve the digital experience.

Considering these factors, here’s a brief look at the Payoneer alternatives.

Statrys is a payment platform built to make global payments easier for SMEs and entrepreneurs across Asia and beyond. 

Holding a Money Service Operator license in Hong Kong, Statrys offers multi-currency business accounts to companies incorporated in Hong Kong, Singapore, and the BVI. These accounts enable businesses to hold 11 major currencies and make cross-border transactions with competitive foreign exchange rates.
Statrys has served over 5,000 SMEs and was recognised as one of Hong Kong's Top 10 Fintech Companies by Fintech News Hong Kong, along with the Fintech Payment category award at the Hong Kong Business Technology Excellence Awards 2024.

• One business account to manage 11 major currencies, including HKD, CNY, USD, AUD, EUR, GBP, SGD, JPY, CHF, NZD, CAD
• Send international payments via SWIFT with real-time tracking
• Make low-cost, faster cross-border transfers in 12 currencies as local payments (e.g., USD, EUR, GBP)
• Issue and manage physical and virtual prepaid Mastercard® cards for ATMs and store purchases. Manage all cards through a central dashboard.
• Access real-time FX rates based on mid-market rates 
• Access FX tools, and lock in rates for up to 12 months with forward contracts
• Sync with Xero for automated bookkeeping and tagging of transactions
• Connect seamlessly with platforms like Shopify, Stripe, and PayPal
• Get personalised support from a dedicated account manager via phone, email, WhatsApp, or WeChat.

Wise (formerly TransferWise) is a UK-based financial technology company best known as a peer-to-peer money transfer platform for individuals. It also offers a business account, which allows users to hold funds in multiple currencies and send money to over 70 countries. Wise provides additional products that vary by location, with fees depending on the region.

Wise is regulated in multiple countries, including Hong Kong, Australia, the EEA, Brazil, Canada, India, Indonesia, Israel, Japan, Malaysia, Mexico, New Zealand, the Philippines, Singapore, the UK, and the US.

Wise’s products and services vary by location, but here are the fundamentals:

• Local account details in 9+ currencies, including GBP, EUR, USD, SGD, and CAD, enabling you to receive payments like a local.
• A multi-currency business account that supports holding and managing funds in 40+ different currencies.
• Send international payments to over 70 countries around the world.
• Exchange funds across 40+ currency pairs.
• Make batch payments of up to 1,000 payments at once by uploading a single CSV file.
• Integrate with marketing platforms and accounting software such as Shopify,  FreeAgent, QuickBooks and more. 
• Use Wise business debit cards to make payments online and in-store in over 40 currencies, with cashback and no foreign transaction fees on eligible purchases. Cards are issued through either the Visa® or Mastercard® network. (Eligibility varies by location) 
• Build custom solutions using Wise’s APIs. For example, you can use Wise’s open API to automate payments.

Founded in 2015, Revolut is a financial services company that operates as a licensed bank in certain regions, including the UK and the European Economic Area (EEA). It offers a wide range of digital financial services to both individuals and businesses globally.

Revolut’s offerings include multi-currency accounts, local and international money transfers, virtual and physical payment cards, foreign exchange services, cryptocurrency transactions, and APIs for financial integration.

• Local bank details in GBP, EUR, and USD, allowing you to collect and send funds like a local business.
• A multi-currency business account that supports 30+ currencies, including GBP, EUR, USD, ZAR, SGD, CAD, AUD, and more.
• Virtual and physical business debit cards for online and in-store purchases and ATM withdrawals
• Lock in exchange rates for future transactions
• Make up to 1,000 bulk payments to employees or suppliers.
• Integrate with tools such as Xero, Adobe Commerce, Shopify, WooCommerce, Slack, BambooHR, and more 
• Build custom solutions using business APIs to connect your internal systems and automate financial workflows.
• Buy, hold, and sell cryptocurrencies within your account.

Revolut's fees vary depending on the plan and the country. Here's a quick overview of their business account fees.

PayPal, founded in 1998, is a globally recognised online payment platform serving individuals, freelancers, and businesses. While initially known for peer-to-peer payments, it also offers a range of business solutions. These include business accounts that support holding multiple currencies, payment collection services, invoicing, merchant services, and integrations with platforms such as Shopify, WooCommerce, and other websites.

The solutions offered may vary by location. PayPal is regulated in numerous countries, including Hong Kong, the United States, the United Kingdom, the European Union, and others.

• Transfer money to over 200 countries using just the recipient’s email address or phone number.
• Disburse funds in 20+ currencies directly to bank accounts, debit cards, PayPal accounts or alternative payment methods depending on the country
• Accept payments via links, instalments, credit/debit cards, mobile wallets, QR codes, Pay Later options, and point-of-sale (POS) systems.
• Send payments to many recipients at once through PayPal Payouts (formerly MassPay) 
• Use a business debit card to spend online or in-store, withdraw cash at ATMs, and earn cashback on eligible purchases. (Availability varies by region.)
• Connect with platforms like Shopify, WooCommerce, Etsy, eBay, Magento, QuickBooks, Xero, and Zoho.
• Access flexible financing with loan terms from 17 to 52 weeks through a quick, fully digital application process.
• Use business management tools, such as invoicing, reporting, and analytics tools.
  

PayPal services may vary by region. Currency support can extend to over 50 currencies when using advanced or enterprise-level services.

Like most payment providers, PayPal charges fees based on transaction type and region. Below are the key costs businesses should consider.

Founded in 2015 in Melbourne, Australia, Airwallex is a licensed payment service provider regulated in Hong Kong as a Money Service Operator (MSO) and a Stored Value Facility (SVF) provider under the Hong Kong Monetary Authority (HKMA). It also operates under regulatory frameworks in Australia, Singapore, the UK, and the US.

The platform primarily provides financial services for businesses, offering key features such as local currency accounts, multi-currency digital wallets, virtual and physical debit cards, expense management, and API integrations for financial automation.

• Open local accounts in 60+ countries to receive payments in 20+ currencies
• Hold and manage funds with a multi-currency wallet supporting 60+ currencies
• Send payments to 150+ countries via local and SWIFT networks
• Issue virtual and physical Visa cards with custom spend limits
• Make up to 1,000 batch payments and schedule recurring transfers
• Integrate with Xero, QuickBooks, HubSpot, and more
• Automate financial operations with business APIs and payment links
• Use plugins, checkout, and gateway solutions for online payments

Pricing may vary based on location. Below are the main fees for Airwallex business accounts in Hong Kong.

International transactions are a vital part of modern business, and having the right financial setup can make a significant difference. Whether you're selecting your first international business account or considering an additional account to optimise transactions, choosing the right solution ensures greater efficiency and flexibility.

Before getting started, take the time to assess your business needs, compare key features, and ensure your choice supports your long-term financial strategy.