PayPal vs Payoneer is going to be a very simple comparison from my experience. I’ve been blogging and doing freelance activities since 2012 (who am I?)

PayPal is with me since the beginning of my blogging career and I started using Payoneer soon after when they came back to India.


This is a kind of common question everybody asks.

How can we get paid Internationally from others or companies ?

Well, the answer is very simple. I already wrote an article about how bloggers make money, but getting paid is not a serious job when you start making money.

If you’re an Indian, you need a PAN card which is a must.

PayPal or Payoneer both can be set up within 2-3 days time (approximately including verification). When it’s ready, you can give your email ID to the customers or companies to receive payments Internationally.

Note: In India, you’re not supposed to carry a balance in your PayPal or Payoneer account. Your balance will be auto withdrawn to your bank account within 24 hours.

Which means you need to link your bank account.

That’s it. You’re ready to get paid.

PayPal vs Payoneer

PayPal is awesome and there is no doubt about it. PayPal is very widely accepted internationally. Majority of the websites, companies, affiliate programs, e-commerce websites accept PayPal as a payment solution.


But, Payoneer is not as widely accepted as PayPal. I think Payoneer is helping freelancers a lot because they have this amazing feature that we can literally have a local bank account in different countries in order to receive payments Internationally.



Global Payment Service

This is important! Payoneer has a massive feature called Global Payment Service” which makes Payoneer stand out of the crowd (totally).

I accept the fact that PayPal is widely accepted, but Payoneer will give you a unique bank account details within each country listed on the image above (how cool is that?).

I love this feature especially because of Amazon affiliate program. Well, even though PayPal is widely accepted, amazon affiliate program has not yet worked out with PayPal.

But they have the feature called electronic bank transfer within amazon affiliate program to help you transfer the money to a US bank account (not only U.S, it’s different for different countries).

This feature is awesome because you just have to put your Payoneer US bank account details (or the particular country bank account details) to get paid in an instant.

It’s freaking fast. Also, Payoneer is so good at transferring the money back to the bank (they’re really fast).

Sorry PayPal, you don’t have that feature. 

Fees (sucks)

Well, PayPal fee sucks (big time). Maybe they need it for making their company even better, but it’s a bit cruel. PayPal charges 4.4% + $0.30 fee for the payments you receive.

Also, they will charge you another 3-4% in the name of God ( I mean, the currency exchange rate).

Well, it sucks big time. Can’t really appreciate that.

But Payoneer is doing a great job on that.

They don’t take a fee, they only take local currency conversion charges which is farrrr better than PayPal without a micron doubt. I’ll strongly recommend Payoneer in that case.

Final word?

Use both.

Yes, because using Payoneer alone for overseas payments is not a practical option. PayPal has more merchants than Payoneer, but both have got their own advantages as you’ve read.


I’m pretty sure that almost a very good majority of the bloggers and digital nomads out there are using both PayPal and Payoneer at the same time.

Personally, I choose Payoneer to receive payments because of the fee, speed and it’s perfection. But I also keep PayPal to get monthly payments from affiliate programs and to pay monthly payments to online services.

So both help, sign up on Payoneer right now if you don’t have an account (because it’s very highly recommended). You should be having a PayPal account right? No!? why is that? Anyway, let me know your comments.


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December 7, 2017

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