What are the differences between a Payoneer account and PayPal?
Payoneer and PayPal are both popular online payment systems, but they have some key differences. PayPal is more widely accepted globally and is often used for small transactions, such as online shopping or sending money to friends and family. It also offers buyer protection, which can be a significant advantage for online shoppers. However, PayPal’s fees can be high, especially for international transactions. Payoneer, on the other hand, is often used for larger transactions, such as receiving payments for freelance work or international business transactions. It offers lower fees for international transactions and the ability to receive payments in multiple currencies. However, it is not as widely accepted as PayPal and does not offer buyer protection.