First of thanks to both these services for making international online transactions smoother that I ever thought. The first question that comes to mind before starting blogging or making an international transaction is nothing but…

“How will I get the money in my bank account?”

When I take classes and seminars about blogging, a lot of students usually ask this question. I simply say “PayPal.”

Because since when I started blogging, PayPal is helping me transact online with international clients. Especially my primary earning source ( affiliate income) is coming through PayPal smoothly since years. PayPal is never a bad service, their new UI is just too good, their service is excellent and most importantly, it’s accepted almost everywhere.

You join an affiliate program; you give services to your clients, let it be USA, UK or whatever, PayPal will be at help for money transaction. Usually how PayPal and Payoneer works is simple.

You’ll have an ID ( which is probably your email ID). You’ll receive payments from a client or an affiliate program by giving your PayPal ID or Payoneer ID. You’ll get the money in PayPal balance, and you’ll be able to withdraw it to your bank account within no time. (For Indians, auto withdrawal is enabled by default, and the amount will be settled into your Indian bank account within 24 hours).

So today I’ll just my personal experience with

PayPal vs. Payoneer

As I mentioned earlier, PayPal is a friendly payment solution which I’ve been using since years. I get paid via PayPal, and 90% of my clients are happy with PayPal transactions. PayPal is smoother, widely accepted and secure (as far as I know).

I recently started using Payoneer, and my experience is excellent. I started using Payoneer to get Amazon affiliate payments, and I should accept the fact that their service is too good, really, better than PayPal.

The best thing about Payoneer is that you’ll be provided with a local USA and U.K. Bank account in Payoneer. You’ll have the account number, the transaction reference codes and the type of account mentioned in your Payoneer account. Well this is how they solve their major problem,

The primary difference between Payoneer and PayPal is the acceptance. Payoneer is not accepted everywhere like PayPal. Regarding acceptance, PayPal wins the game. But as I said, Payoneer is providing local bank account details so that you can give this details to your client or if your affiliate team is ready to make bank wire payments, you can use the bank details to get the payment into your Payoneer account (which is helpful to a lot of Indian users).

So that’s the primary difference between them.

Personally, I feel much comfortable with Payoneer regarding receiving payments because the money will get credited to your bank account within just the matter of hours (probably within 24 hours). That’s the best thing about Payoneer. In the case of PayPal’s it takes around 24+ hours and under 48 hours.

Also, PayPal has a lot of other features like business account, PayPal payment buttons, online payment integration in websites, PayPal Express, etc. and stuff. So if you’re just looking to receive money from Amazon or any other services which work with Payoneer or has bank wire transfer, then Payoneer (signup now) will do. But if you’re looking for a complete online international transaction support and features, then I should accept.

Nothing is better than PayPal 🙂