What are the key differences between Payoneer and WorldRemit?

Payoneer and WorldRemit are both popular platforms for international money transfers, but they differ in several ways. Payoneer is primarily used by businesses for making payments to international contractors and employees, while WorldRemit is more consumer-focused, allowing individuals to send money to family and friends in other countries. Payoneer supports over 150 currencies and offers a prepaid MasterCard, while WorldRemit supports 90 currencies and does not offer a card. Fees also vary: Payoneer charges a flat fee for transfers, while WorldRemit’s fees depend on the amount and destination of the transfer. Both platforms are secure and reliable, but the best choice depends on your specific needs.