What are the differences between Payoneer and Mastercard?

Payoneer and Mastercard are both financial services, but they serve different purposes. Payoneer is a financial services company that provides online money transfer, digital payment services and provides customers with working capital. It is often used by freelancers and businesses to receive payments from international clients. Payoneer issues a Mastercard to its users for them to withdraw their funds. On the other hand, Mastercard is a multinational financial services corporation. It does not issue cards itself but rather it provides the technology for banks to issue cards with its branding. Mastercard is accepted at millions of locations worldwide, both online and offline. In essence, Payoneer is a service that can provide a Mastercard, while Mastercard is a payment system but not a bank.