Payoneer Eats Your Margins. Scale Globally with Airwallex.
Open local currency accounts in 70+ countries instantly. Settle 20+ currencies natively with 0% forced conversion, and cut your exchange costs with transparent interbank FX rates starting at 0.5%.
Understand exactly what you'll pay
See exactly how Airwallex replaces limited platforms to deliver wider global clearing, native corporate cards, and zero-friction accounting*.
| Account Fees | FX Markup | Local Payouts | International Cards | |
|---|---|---|---|---|
 | $0 setup, no monthly minimums | 0.5% flat markup | Free to 120+ countries | $0 with multi-currency settlement |
 | Annual maintenance fees | Up to 2.0% markup | Flat fees or variable % per transfer | Subject to FX conversion penalties. |
| Account Fees | |
|---|---|
| $0 setup, no monthly minimums |
| Annual maintenance fees |
| FX Markup | |
|---|---|
| 0.5% flat markup |
| Up to 2.0% markup |
| Local Payouts | |
|---|---|
| Free to 120+ countries |
| Flat fees or variable % per transfer |
| International Cards | |
|---|---|
| $0 with multi-currency settlement |
| Subject to FX conversion penalties. |
Reasons growing companies choose Airwallex
0% Forced Conversions
Keep your global revenue in its native currency. Pay overseas vendors and software directly without double-conversion fees.
Zero international transfer fees
Airwallex charges no transfer fees on local rails, only a tight FX margin. In contrast, Payoneer layers an FX markup (up to 2%) on top of extra withdrawal fees for external transfers.
Bypass SWIFT Fees
Move money via local domestic rails (ACH, SEPA, FAST) instead of waiting days for legacy bank wires.
Smart Team Spend
Issue unlimited multi-currency virtual cards with real-time limits and $0 foreign transaction fees.
Airwallex vs Payoneer — full feature breakdown
What businesses are saying about Airwallex
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.
FAQs about upgrading from Payoneer
How do multi-currency balances compare?
Payoneer frequently forces conversion of international revenue into a single home currency. Airwallex lets you receive and hold 20+ currencies with 0% like-for-like settlement fees.
Are there hidden monthly fees or minimums?
No. Airwallex accounts are completely free to open with $0 monthly maintenance or minimum volume requirements.
Can I accept direct customer payments?
Yes. Airwallex includes a built-in Merchant Gateway for credit cards and 160+ local checkout methods. Payoneer is restricted to basic point-to-point payment links.
*The material presented here is for informational purposes only and does not constitute legal, regulatory, taxation, or investment advice. Readers should engage their own advisors or counsel for advice unique to their circumstances.