Payoneer : Payoneer Alternatives in the UK (2025)

Payoneer offers UK businesses ways to pay and get paid in foreign currencies alongside GBP, with card services, working capital solutions and other handy features. However, it's not the only provider out there, so comparing a few Payoneer alternatives before you sign up makes sense. This guide looks at some different Payoneer competitors you may consider, depending on the types of transactions you need to make. We'll touch on alternatives to Payoneer like Wise Business for great multi-currency support, and providers like Stripe and PayPal if what you need most is a way to accept card payments on and offline. Let's dive in. 💡 Learn more about Wise Business Payoneer UK - features overview UK businesses can open a Payoneer account with no ongoing fee as long as they're using the account frequently to receive payments from customers. You can take credit card or bank payments, send money to others, hold and convert major currencies and use a Payoneer card for business spending. Payoneer offers local account details in major global currencies if you're receiving payments from others, and you can also transact in 70+ currencies. Here's a summary of the main features and services Payoneer offers for businesses in the UK. No ongoing fee if you transact regularly Local receiving accounts in major currencies, to get paid by customers and marketplace sites Take credit card and bank transfer payments from customers Pay contractors, vendors and suppliers either to Payoneer accounts or direct to their bank accounts Currency conversion services Issue payoneer debit cards and expense cards Withdraw your balance easily Get exclusive partner offers Access working capital, credit and loans Payoneer alternatives - overview of providers If you're thinking of using a Payoneer alternative, you'll have a few choices to make. Which provider is right for you will depend on how you transact, and the features and services you need. To make sure we've covered all sorts of different business needs, we'll cover a broad list of other providers in this guide. Here are the options we'll review as an alternative to Payoneer, for UK businesses: Wise Business Airwallex Revolut Business Paypal Stripe Let's begin with an overview on some important features - there's more detail on each coming right up. *Information correct at time of research - 31st March 2025 Alternatives to Payoneer: criteria The comparison criteria we'll cover for all Payoneer alternative providers we will use through the article include: Features and services Fees/ Cost Integrations Customer support There are many different alternatives to Payoneer out there, so we've picked a few which might suit your business, depending on the way you need to transact. Wise Business Wise Business could be a great Payoneer alternative if you value being able to receive, hold, send, spend and exchange a broad range of currencies with low fees and great rates. With a Wise Business account you can hold and exchange currencies, and order a Wise Business expense and debit card for spending in countries. You can receive payments conveniently in currencies, to get paid by PSPs, marketplaces and directly by customers. Key features and services offered: No ongoing fees to pay, no minimum balance Hold and exchange currencies Send money to countries, with low, transparent fees and the mid-market rate Order Wise Business expense and debit cards for yourself and your team Receive payments conveniently in currencies Batch payments, multi-user access, API and other business friendly perks Ongoing fees: No ongoing fees - just a one time fee of Transaction fees: Low transparent fees based on the services you use Other costs: Currency conversion fees from 0.33%, low fees to receive USD wires and CAD SWIFT payments Trustpilot score: 4.3 stars, Excellent rating from 250,000+ reviews posted Customer support: Get help in app, online and by phone Integrations: Xero, QuickBooks and other popular cloud accounting solutions Get started with Wise Business 🚀 Airwallex Airwallex is a popular provider for businesses in the UK taking customer card payments, as well as businesses selling online and through marketplace sites. You can receive payments in 20+ currencies which allows you to connect with customers overseas. Airwallex accounts also offer easy ways to send local and overseas transfers, and to issue expense and debit cards for spending at home and abroad. Key features and services offered: Selection of different account tiers depending on your business size and needs Local accounts to hold and exchange 20+ currencies - options depend on account tier you select Take customer card payments, and take payments through local payment methods Send local transfers to 120+ countries and SWIFT transfers to 150+ countries Currency conversion uses the interbank rate with a low fee of 0.5% or 1% added Some account tigers offer expense management and integration options Read our complete Airwallx review Ongoing fees: 0 GBP - 999 GBP Transaction fees: 1.30% + 0.20 GBP for local UK card payments, up to 3.15% + 0.20 GBP for international card payments Other costs: 10 - 20 GBP for SWIFT transfers, some additional costs may apply for employee cards Read our complete review on Airwallex fees Trustpilot score: 3.6 stars, Great rating from 1,600+ reviews posted Customer support: Get help in app, online and by phone Integrations: Xero and Netsuite Revolut Business Revolut Business offers 3 different plans in the UK, plus the option to custom make a plan just for your business. The account fees you pay vary based on needs, but you'll be able to start off with a Standard plan which has no monthly fee if you want to test out the service - you can then upgrade to an account with more features and ongoing fees if you want to. All Revolut Business accounts have some perks, including 25+ supported currencies, cards for spending, simple ways to accept customer payments and send money to others, and some currency exchange which uses the Revolut rate with no additional fee. Key features and services offered: Choose from different plans based on business needs Physical, metal or virtual payment card options for spending and withdrawals Multi-currency features to manage 25+ currencies Some no fee currency exchange on weekdays, to plan limits Ways to make local and international payments Options to be paid by bank transfer or card - fees may apply Multi-user access, payroll and expense management add on features Higher tier accounts get bulk payment solutions and interest on savings Business analytic tools Read our complete Revolut Business review Ongoing fees: 10 GBP - 90 GBP Transaction fees: Transaction fees may vary depending on your account plan Other costs: 2% ATM withdrawal fee, 0.6% fair usage fee and 1% out of hours fee for currency conversion Trustpilot score: 4.4 stars, Excellent rating from 190,000+ reviews posted Customer support: Get help in app, online and by phone Integrations: Accounting, HR and business app integrations offered Paypal Paypal is a huge global provider of payment services, which offers merchant accounts for UK business customers. Paypal lets you take on and offline payments, and has a very good range of accepted payment methods. As it is a well known and trusted brand name, it may increase customer conversion if you offer PayPal as a payment method at the checkout of your ecommerce store. Customers can also get extras like working capital and a debit card for spending. Key features and services offered: Accept payments using a broad variety of methods including cards, QR codes, and in person Get paid in a range of supported currencies and hold the funds in your PayPal Business account Send money to other PayPal customers in a selection of currencies, including batch payments Get PayPal credit (Pay in 3) and a debit card if you want one Manage risk with fraud prevention tools and PayPal seller protections Access funds with PayPal working capital Ongoing fees: No monthly fee Transaction fees: Receive local card payments from 1.2% + fixed fee, EEA cards incur an extra 1.29% while other international fees apply on all other cards, running to an additional 1.99% Other costs: Costs depend on how you transact Read our complete review on Paypal fees in the UK Trustpilot score: 1.3 stars, Bad rating from 32,000+ reviews posted Customer support: Get help in app, online and by phone Integrations: Integrated with all major ecommerce platforms, and many other providers helpful to business customers Stripe Stripe in the UK has a very broad range of services focused around taking customer payments. As add on services, you can also use Stripe for things like fraud prevention and risk management, user identification and tax compliance. This means that Stripe's offer can be helpful for small businesses looking to take occasional payments from customers, right through to major organisations at enterprise level which need very complex tailor made solutions. Key features and services offered: No ongoing fees, with low and no code solutions you can add as you need 135+ supported local and global payment methods Take in person payments with physical card terminals Generate payment links to request money from customers Invoicing and recurring billing solutions Support with tax, user identification, business management and more Read our complete Stripe review Ongoing fees: No monthly fee Transaction fees: 1.5% + 0.20 GBP for UK cards, 2.5% + 0.20 GBP for EU cards, 3.25% + 0.20 GBP for other international cards Other costs: 2% currency conversion fee - other fees vary widely depending on the service you need Check out our review for Stripe's fees and charges Trustpilot score: 2.1 stars, Poor rating from 15,000+ reviews posted Customer support: Get help in app, online and by phone Integrations: API solutions for developers, and no code alternatives for out of the box solutions FAQs - Payoneer alternatives How trustworthy is Payoneer? Payoneer