What are the differences between Payoneer and Remitly in terms of payment systems and money transfers?

Payoneer and Remitly are both popular platforms for international money transfers, but they have some key differences. Payoneer is a financial services company that provides online money transfer, digital payment services and provides customers with working capital. It is widely used by freelancers and businesses for cross-border transactions. It supports over 150 currencies and is known for its speed, security, and transparency. Remitly, on the other hand, is a remittance focused platform that allows individuals to send money to family and friends in other countries. It is known for its user-friendly interface, low fees, and excellent customer service. However, it supports fewer currencies than Payoneer. The choice between the two will depend on your specific needs, such as the amount of money you’re sending, the currency, and the country you’re sending to.