What are the main differences between Payoneer and PayPal?

Payoneer and PayPal are both online payment systems, but they differ in several ways. Firstly, Payoneer focuses more on international transactions, making it a better option for freelancers and businesses dealing with clients overseas. PayPal, on the other hand, is more widely accepted for domestic transactions. Secondly, Payoneer offers a prepaid Mastercard, which PayPal does not. This card allows users to withdraw money from ATMs worldwide. Lastly, the fee structures of the two platforms are different. PayPal charges a fee per transaction, while Payoneer charges a flat annual fee. However, both platforms have their own pros and cons, and the choice between the two depends on the specific needs of the user.