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Payoneer vs Shopify Payments comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Payoneer
Ranking in Payment Processing Software
1st
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Shopify Payments
Ranking in Payment Processing Software
4th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Payment Processing Software category, the mindshare of Payoneer is 6.8%, down from 20.1% compared to the previous year. The mindshare of Shopify Payments is 6.0%, down from 13.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Payment Processing Software Market Share Distribution
ProductMarket Share (%)
Payoneer6.8%
Shopify Payments6.0%
Other87.2%
Payment Processing Software
 

Featured Reviews

Hamza Zafar Iqbal - PeerSpot reviewer
Information Technology Business Manager at FAUM Solutions
Has supported global transactions smoothly but account blocking issues remain a concern
I have not used the business card personally, but I need to confirm with my friend who used it for purchasing and online transactions. Based on my understanding, I have not seen any security features in Payoneer because there are many customer issues reported on social media, such as accounts being blocked for unknown reasons. If your account has been blocked by Payoneer, you can complain on the Payoneer page contact support and attach your documents to unblock your account. I have never used the financial reporting and analytics tools because I have never been involved in financial management. I faced complexity when one employee's account was already existing, and when I created another account, it was blocked.
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Top Industries

By visitors reading reviews
No data available
Comms Service Provider
10%
Manufacturing Company
10%
Retailer
9%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Payoneer?
Regarding the pricing of Payoneer, the annual fees will be deducted by $29 per year if you are not using your Payoneer account.
What needs improvement with Payoneer?
I have not used the business card personally, but I need to confirm with my friend who used it for purchasing and online transactions. Based on my understanding, I have not seen any security featur...
What is your primary use case for Payoneer?
One of your employees reached out to me about LinkedIn and asked me about the review for a Payoneer account. From my perspective, I need an amount in USD, or when a customer wants to pay me in USD,...
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Comparisons

 

Overview

 

Sample Customers

Softogix International, platinum publishing
Information Not Available