What are the differences between Payoneer and Wise in Argentina?
Payoneer and Wise (formerly TransferWise) are both popular international money transfer services, but they have some key differences, especially in Argentina. Payoneer is often favored by freelancers and businesses due to its ability to receive payments in multiple currencies and its integration with various online marketplaces. However, its fees can be higher, especially for currency conversion. On the other hand, Wise is known for its transparency and low fees. It uses the mid-market exchange rate and charges a small percentage as a service fee. However, it may not be as convenient for receiving payments from marketplaces. In Argentina, both services are used, but the best choice depends on your specific needs. If you prioritize low fees and transparency, Wise may be a better choice. If you need to receive payments from various sources in different currencies, Payoneer might be more suitable.