Software · head to head
Invoice2go vs Payoneer

Invoice2go
Software
Mobile-first invoicing app for small businesses and freelancers
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Invoice2go starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.; Payoneer an annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months
- They diverge on capability: Invoice2go covers Invoice creation and customization, Payoneer covers Receive payments.
Where they differ
Only the attributes on which Invoice2go and Payoneer actually diverge.
| Attribute | Invoice2go | Payoneer |
|---|---|---|
| Starting price | On request | $29/month |
| Pricing model | subscription | usage-based |
| Founded | Unknown | 2005 |
Identical on both: free tier (No), platforms (web, ios, android), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Invoice2go
- Invoice creation and customization
- Estimates and projects
- In-app payments
- Automated reminders
- Accounting integrations
- Team member access
Only in Payoneer
- Receive payments
- Multi-currency accounts
- Working capital
- Mass payouts
- Marketplace integrations
- Amazon
- Fiverr
- Upwork
What people use each for
The jobs each tool is most often brought in to do.
Invoice2go
- Freelancers invoicing clients from a mobile devicenot Payoneer
- Small service businesses tracking estimates and projectsnot Payoneer
- Businesses wanting integrated card and ACH paymentsnot Payoneer
- Businesses syncing invoices with QuickBooks or Xeronot Payoneer
Payoneer
- Receiving marketplace and platform payouts as a freelancer or sellernot Invoice2go
- Holding receiving accounts in several currenciesnot Invoice2go
- Paying suppliers and withdrawing to a local bank accountnot Invoice2go
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Invoice2go
- Starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.
- Card processing fees are higher than some dedicated payment processors.
- Accounting integrations are limited to QuickBooks and Xero, excluding other platforms.
- Premium plan requires roughly $100k+/year revenue to be cost-effective, per its own positioning.
Payoneer
- An annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months
- The Payoneer card carries a $29.95 USD annual fee and $12.95 USD for a replacement
- Converting between Payoneer balances in different currencies costs 0.50%
- Receiving into a non local currency receiving account costs 1%, minimum $1.00 USD
- Receiving by credit card costs up to 3.99% plus $0.49 USD
- Withdrawing to a bank in the recipient's local currency costs 1.2% to 4%
- ATM withdrawals cost $3.15 USD plus up to 1.8%, rising to 3.5% when currency is converted
- Card purchases requiring conversion cost up to 3.5%
Pricing, plan by plan
Invoice2go
On request- Starter$undefined/month
- 30 invoices/year
- 3.5% card payment fee
- Free ACH bank transfers
- Professional$undefined/month
- 100 invoices/year
- 3% card payment fee
- QuickBooks/Xero integration
- Premium$undefined/month
- Unlimited invoices
- 2.9% card payment fee
- Recurring invoices
Payoneer
$29/month- StandardFree
- Receive payments
- Multi-currency
- Marketplace connections
Which should you pick?
Choose Invoice2go if
- You need invoice creation and customization.
- You work on web, ios, android.
- You also want estimates and projects.
Choose Payoneer if
- You need receive payments.
- You work on Web, Ios, Android.
- You also want multi-currency accounts.
Questions people ask
- Is Invoice2go or Payoneer better?
- Neither clearly leads. Invoice2go starts at On request and Payoneer at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Invoice2go or Payoneer?
- Invoice2go starts at On request and Payoneer at $29/month.
- Does Invoice2go or Payoneer run on more platforms?
- Invoice2go runs on web, ios, android. Payoneer runs on Web, Ios, Android.
- What is Invoice2go best used for?
- Invoice2go is most often used for freelancers invoicing clients from a mobile device, small service businesses tracking estimates and projects, businesses wanting integrated card and ach payments, businesses syncing invoices with quickbooks or xero. Of those, freelancers invoicing clients from a mobile device and small service businesses tracking estimates and projects are not what Payoneer is typically brought in for.
- What can Invoice2go do that Payoneer cannot?
- Invoice2go covers Invoice creation and customization, Estimates and projects, In-app payments, Automated reminders. Payoneer covers Receive payments, Multi-currency accounts, Working capital, Mass payouts.
Answered from the vendors’ own pages
Invoice2go: What does Invoice2go cost?
Invoice2go offers three tiers - Starter (30 invoices/year), Professional (100 invoices/year), and Premium (unlimited invoices) - distinguished by invoice volume and card processing fees from 3.5% down to 2.9%.
SourceInvoice2go: Is there a free trial?
Yes, Invoice2go offers a 30-day free trial that requires a credit card but includes a 100% money-back guarantee if canceled within 30 days.
SourceInvoice2go: Does Invoice2go integrate with accounting software?
Yes, the Professional and Premium plans include integration with QuickBooks and Xero.
SourceRelated pages
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