Receiving the payments is one of the important for the freelancer or digital marketers as we know that we have worked so hard and that money is very important for us so there are a lot of ways to accept payment but accept the payment from the international it’s a little bit complicated because in the international payments there 2 most popular payment platform available for an international transaction that is PayPal and Payoneer. So in this guide, I am going to discuss why Payoneer is better than PayPal so make sure that you read this guide till the end. One point you have to know is that no one brand or Payoneer has sponsored me for this article. This is my genuine opinion.
How Does PayPal Work
In PayPal, you can open an account with email, and using the email you can send or receive the payments you have to your local bank account to which means your money is automatically transferred to the bank account. Paypal provides so many currency options. You can also use PayPal as a payment gateway to your website.
One thing I don’t like about the people is PayPal does not available in some countries like- Afghanistan, Bangladesh, Cameroon, Central African Republic, Cote D’Ivoire (Ivory Coast), Democratic People’s Republic of Korea (North Korea), Equatorial Guinea, Gabon, Ghana, Haiti, Iran, Iraq, Lebanon, Liberia, Libya, Monaco, Moldova, Montenegro, Myanmar, Pakistan, Paraguay, Saint Lucia, South Sudan, Sudan, Syria, Timor-Leste, Uzbekistan, and Zimbabwe. So this is the main drawback of PayPal so if your client or your customer from these countries then they are not able to receive the money and one point should be considered that PayPal charges extra fees than Payoneer.
Signup On PayPal – Click Here
How Payoneer Works
If you want to open an account in Payoneer you just have to sign up and fill in the necessary details and you have to link your local bank account to withdraw the money.
Payoneer provides you a local bank account in the USA, Europe, UK, and Japan in these countries. So you just have to share your bank account details. You can get your bank account details in the dashboard of your Payoneer account.
So if someone is not using the Payoneer, they can simply transfer the money to your bank account and you can transfer that money to your local bank account so this is a very nice feature for Payoneer. So there is a plus point we do not have to give more fees to the Payoneer for currency conversion.
Payoneer works in more than 200+ countries so there is no issue to accept payment from worldwide. The most important feature is that Payoneer charges are less than PayPal.
Signup On Payoneer – Click Here
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So I have mentioned my opinion about why Payoneer is better than PayPal. So I cover up the important points and the basis of my perspective. And this is my honest opinion you can use both of us but my recommendation is Payoneer. Thank you for reading my guide if you like this then share it with your friends. Follow us on social media and do not forget to check other articles