Payoneer vs Revolut

July 24, 2023 | Author: Sandeep Sharma
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Payoneer
Payoneer
Payoneer is a financial services provider that provides online money transfer and e-commerce payment services. Payoneer is a registered Member Service Provider of MasterCard worldwide.
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Revolut
Revolut
Revolut Ltd is a UK financial technology company that offers banking services including a prepaid debit card, fee free currency exchange, commission free stock trading, cryptocurrency exchange and peer-to-peer payments.

See also:
Top 10 Online Payment platforms
Payoneer and Revolut are both prominent financial platforms, but they serve different purposes and cater to different user needs. Payoneer is known as a global payment service that enables freelancers, online sellers, and businesses to send and receive cross-border payments in multiple currencies. It offers a variety of payment solutions, including bank transfers, prepaid Mastercard, and digital wallet services, making it an excellent choice for international freelancers and businesses seeking a reliable and convenient payment solution. On the other hand, Revolut is primarily a digital banking app that provides a range of banking services, including currency exchange, international money transfers, and budgeting tools. It offers multi-currency accounts, physical debit cards, and various financial management features, making it suitable for travelers and users with international financial needs.

See also: Top 10 Online Payment platforms
Payoneer vs Revolut in our news:

2016. Payoneer raises $180 million for its global payments technology



Payoneer, a leading global provider of payment processing technologies, has secured $180 million in funding to fuel the expansion of its payment services. Despite already being profitable and having a substantial cash reserve, the infusion of capital will enable the company to double its product development and technical workforce, as stated by Scott Galit, the company's CEO. The global market for business payment processing is a significant industry in its own right, with companies like Payoneer, Adyen, Bluesnap, and PayU, all valued in the millions, diligently working on various aspects of the payment challenges faced by businesses engaged in international markets.

Author: Sandeep Sharma
Sandeep is a marketing expert with a wealth of knowledge in various domains: customer relationship management, social media management, advertising, search engine optimization, website building, Sandeep has established himself as a multifaceted professional. He honed his skills while working at Salesforce and Hubspot, where he gained invaluable insights into the industry. Now, as the proud owner of a small advertising consulting agency, Sandeep continues to provide innovative and effective strategies to businesses, helping them thrive in the competitive landscape of digital marketing. You can contact Sandeep via email sandeep@liventerprise.com