What are the differences between Payoneer and PayPal in Argentina?
Payoneer and PayPal are both popular payment systems, but they offer different features and benefits, especially in Argentina. PayPal is widely recognized and accepted globally, but it has high transaction fees and its exchange rates are often not favorable. On the other hand, Payoneer is a great option for freelancers and businesses, offering lower fees and better exchange rates. However, it’s not as widely accepted as PayPal. In Argentina, Payoneer is often the preferred choice due to its partnership with local banks, which allows users to withdraw money directly to their bank accounts at a lower cost. PayPal, however, requires an intermediate such as Nubi to withdraw funds to a local bank, which adds an extra step and additional fees.