What are the differences between Payoneer and Transferwise?

Payoneer and Transferwise are both popular platforms for international money transfers, but they have some key differences. Payoneer is typically used by freelancers and businesses for receiving payments from international clients. It offers a prepaid Mastercard and allows users to hold and manage money in multiple currencies. Transferwise, on the other hand, is often used by individuals for sending money abroad. It offers a multi-currency account and a debit card, and is known for its transparent pricing and mid-market exchange rates. Both platforms have their own advantages and disadvantages, and the choice between them depends on your specific needs and circumstances.