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Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.
This business-focus may not make them suitable to individual customers. Alternative international money transfer providers like Wise, OFX and Western Union. These providers offer convenient, fast transfers at low fees to almost anywhere in the world. If you are not a business or freelancer and don’t need the business tools and services that Payoneer offers, you may want to consider an alternative international money transfer provider to Payoneer.
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Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
Wise offers fast, convenient transfers with transparent fees based on mid-market exchange rates, as well as a multi-currency account for both individual and business customers. While Wise offers several tools for business customers, such as expense cards, it is not as extensive as those offered by Payoneer. On the other hand, Payoneer’s fee structure is only transparent on certain fees.
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The easiest, fastest way to save for your financial goals.
Users can send money internationally with no fees, except on weekends, and sending between Revolut accounts is instant. Best Revolut Features
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Send money online with Remitly faster with great exchange rates and low transfer fees. Special new customer offer! 100% Satisfaction Guarantee.
With Remitly, you can transfer in 100+ currencies to more than 170 countries worldwide. They offer low to no transfer fees and fast transfers, and a money-back guarantee for late delivery. A cash pickup option is available in some countries.
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OFX is a simple yet powerful digital money transfer service that allows you to easily send money to more than 80 leading countries from the United States.
OFX and Payoneer offer similar tools and services, like financial management tools and OFX has dedicated business accounts, OFX also caters to personal customers. Payoneer’s focus is solely on business customers.
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PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller
The best payment method for freelancers varies based on individual needs. Wise and Revolut are excellent for their multi-currency account features and using the mid-market exchange rate, while PayPal is globally accepted and offers instant transfers to other PayPal accounts. Freelancers should consider factors such as transfer speed, fees and currency support when choosing a payment method.
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Award-Winning Currency Transfers
TorFX offers specialised international money transfer solutions to both individual and business customers. Their business tools and features include services like business health checks and several transfer options. Payoneer only caters to business customers and offers an extensive range of business features and services, including tax payment and capital advance solutions.
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The Western Union is an international money transferring service that is officially partnered with most of the banks and financial institutions across the world.
Western Union has an agent network covering almost every country in the world. You can make transfers online or in person at one of Western Union’s more than 50,000 US agent locations. Western Union also offers a cash-pickup option when sending money overseas.
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