5 Best Alternatives To Payoneer in 2025

Payoneer is a solid business account for freelancers and companies that need to send and receive international payments with ease. However, if you are here, you’ve likely seen gaps in how it could serve your needs, whether that is lower FX costs, faster transfers, or more responsive support.

In this article, we have rounded up the 5 best Payoneer alternatives in 2025 that combine reliability, transparency, and value for money.

Whether you are a startup expanding across borders or an SME prioritising stronger account support, you will find an option here that suits your business.

We will start with our top three quick picks, then examine what makes each provider stand out, including features and pricing, the best use cases, and the potential drawbacks.

We focused on payment and business-account platforms that are realistically available to Singapore-based freelancers, startups, and SMEs using or considering Payoneer. Invite-only, enterprise-only, region-restricted, or unsupported-in-SG products were excluded, so the comparison reflects practical choices.

Here's how we evaluated each option:

• Onboarding and eligibility: we look at who can sign up, documentation and verification steps, clarity of requirements, and typical time to activation.
• Pricing and transparency: we assess published fees and markups, plan tiers, and any conditions that change the total cost; where relevant, we compare how pricing is presented so costs are easy to understand.
• Features and integrations: we map the core capabilities and note any integrations or APIs that matter for day-to-day operations.
• Coverage and limits: we check where the product works, supported markets or currencies, available rails where relevant, and any account, transfer, or usage limits.
• Support and reliability: we review support channels and hours, responsiveness and resolution patterns, and practical trust signals such as uptime disclosures, status pages, or regulatory licensing where applicable.

This framework keeps the comparison consistent and evidence-led. If a feature or fee is critical to you, confirm it on the provider’s site, then use the sections below to weigh the trade-offs.

Founded in 2019 in Hong Kong, Statrys offers an all-in-one payment platform built for SMEs and entrepreneurs that trade across Asia and beyond. Our multi-currency account supports 11 major currencies and offers transparent FX fees from 0.1%.

Personal support is a big part of how we work. Every client has a dedicated account manager, and we also provide company incorporation and accounting services to help businesses manage both setup and day-to-day operations.

• Multi-currency business account (11 major currencies, including HKD, USD, EUR, GBP, RMB, SGD)
• Local payments in 12 currencies
• Real-time FX at mid-market rates with optional forward orders
• Xero integration for accounting
• Dedicated account manager support

• Businesses with frequent cross-border payments: transparent FX from 0.1% and 11 currencies help keep costs predictable.
• Service businesses invoicing overseas: local payments in 12 currencies and Xero integration simplify billing and reconciliation.
• Entrepreneurs in Hong Kong or Singapore: incorporation plus account opening allows setup and payments in one place.
• Teams that prefer direct, human support: a dedicated account manager reduces ticket queues and back-and-forth.

• Freelancers or individuals without a registered company: business accounts are limited to incorporated entities in HK, SG, or BVI.
• Sellers who rely on marketplace integrations: fewer direct integrations for Amazon or Shopify than marketplace-focused tools.
• Companies prioritising advanced spend controls: cards exist, but full expense management is not the core focus.

Launched in London in 2011, Wise (formerly TransferWise) makes it easier for you to send, receive, and manage money across borders without hidden costs. With a Wise Business account, you can hold, convert, and send funds in over 55 currencies to more than 70 countries using the real mid-market exchange rate you see on Google.

If you’re running a business that works with international clients or suppliers, Wise gives you the flexibility to manage everything from one account. It is licensed in major markets like Singapore, Australia, the EEA, and the US, and is trusted by millions of freelancers and SMEs for its transparent pricing, fast transfers, and simple setup.

• Multi-currency account (55+ currencies)
• Local account details in 10+ currencies (including GBP, EUR, USD, SGD, and CAD)
• International transfers to 70+ countries
• Batch payments for up to 1,000 transfers at once
• Business debit cards in 40+ currencies

• Freelancers and small businesses sending money overseas: low fees and real mid-market rates help reduce overall transfer costs.
• Companies paying international suppliers or remote teams: support for 70+ countries and batch payments streamlines vendor and contractor payouts.
• Startups prioritising transparent pricing: Wise breaks down every fee and uses the real mid-market rate for predictable transfer costs.
• Businesses that want fast digital onboarding: fully online setup makes it easy to start without lengthy approval steps.

• Companies seeking full card and expense management: Wise offers debit cards but not advanced team controls or expense features.
• Businesses that expect free local account details: unlocking some local account numbers requires a one-time SGD 99 fee.
• Teams operating across multiple regions: features like cards or interest balances vary by country, which may limit consistency.

Revolut makes it easier for businesses to manage money globally with multi-currency accounts, fast international transfers, and both virtual and physical cards. You can send, receive, and exchange over 25 currencies at the interbank exchange rate, all from one platform.

Since launching in London in 2015, Revolut has grown into a global financial platform serving more than 500,000 business users. Its Revolut Business account helps SMEs and startups handle payments, automate expenses, and sync with accounting tools like Xero and QuickBooks to keep everything running smoothly.

• Multi-currency account (25+ currencies)
• Local account details in GBP, EUR, and USD
• Physical and virtual corporate cards with spend controls
• Built-in expense management and analytics
• Integrations with 15+ accounting and HR tools

• Businesses managing global payments: send, receive, and exchange 25+ currencies at interbank rates from one platform.
• Teams with controlled card spending needs: physical and virtual cards with built-in limits help manage day-to-day expenses securely.
• Companies that want payments and expenses in one place: transfers, cards, and expense tracking sit in a single dashboard.
• Teams relying on integrations: connect with Xero, QuickBooks, and HR tools for automated syncing.

• Businesses handling high FX or transfer volumes: plan-based transfer and FX limits may restrict larger payment needs.
• Companies operating across multiple regions: feature availability varies by country, which may affect consistency.
• Sellers that depend on marketplace integrations: Revolut does not offer dedicated Amazon or Shopify integrations.

Founded in 1998, PayPal is one of the most established digital payment platforms, helping millions of businesses and freelancers send and receive money globally. With PayPal, you can accept online and in-person payments, create invoices and payment links, and connect with ecommerce platforms like Shopify or WooCommerce, all backed by strong buyer and seller protection.

If you’ve used Payoneer before, PayPal offers a simpler way to handle global transactions while tapping into its large user network and trusted brand. Operating in over 200 markets and licensed in Singapore under the Monetary Authority of Singapore (MAS), it’s a familiar, reliable choice for cross-border payments and ecommerce transactions.

• Online and in-person payments with PayPal, cards, and wallets
• Invoices, payment links, and QR codes
• Recurring and subscription billing
• Built-in seller protection and fraud prevention
• Ecommerce and accounting integrations (Shopify, WooCommerce, Xero)

• Freelancers and online sellers handling fast payouts: broad global acceptance makes it easy to get paid quickly.
• Businesses focused on buyer protection: strong trust and dispute resolution features support customer confidence.
• Ecommerce stores using major platforms: integrates smoothly with Shopify, WooCommerce, and similar tools.

• Businesses aiming for lower fees: higher FX and transaction fees can add up with frequent payments.
• Companies that require advanced checkout control: customisation options are limited for branded checkout flows.
• Users depending on full PayPal feature availability: some tools like loans or crypto are not supported in Singapore.

Airwallex gives you more control over how your business moves money globally. If you’ve outgrown platforms like Payoneer and need something faster, more flexible, and built for scale, this all-in-one financial platform could be the next step. It started in Melbourne in 2015 and now supports over 150,000 businesses in more than 180 countries.

With Airwallex, you can open local accounts in 20+ currencies, send payments to 200+ countries, and access interbank FX rates without hidden markups. You also get multi-currency cards, spend management tools, and integrations with platforms like Xero, Shopify, and Amazon. It’s a strong choice if you want to streamline payments, expenses, and international growth from one place.

• Global business accounts (20+ currencies)
• International transfers to 200+ countries
• Interbank FX rates with transparent markups
• Multi-currency corporate cards and spend controls
• Integrations with Xero, Shopify, QuickBooks, and Amazon

• SMEs expanding into new markets: local accounts in 20+ currencies support smoother global operations.
• Ecommerce sellers handling fast global payouts: works with Shopify and Amazon for quicker marketplace settlements.
• Companies managing team spending: multi-currency cards and spend controls offer clearer visibility and oversight.

• Freelancers or very small teams: tools like multi-currency accounts and APIs may be more than they need.
• Businesses on a tight budget: some advanced features require higher-tier plans with bigger fees.
• Companies seeking broader local account coverage: local account numbers are limited to selected regions.

Finding the right Payoneer alternative isn’t about choosing the biggest name, but the one that gives your business the flexibility, transparency, and support it needs to grow with confidence. The right partner should make your payments simpler, not more complicated, and help you save time so you can focus on building your business, not managing transfers.

If you’re ready to take the next step, explore each provider’s strengths and see which one fits how you actually work. Whether you value personal support, lower FX costs, or smarter automation, there’s an option built for your goals and the way your business grows.