Software · head to head
Loox vs Payoneer
The short version
- Each has a real cost: Loox beyond plan review volume, overage billing adds $40 to $50 per extra 300 orders processed; Payoneer an annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months
Where they differ
Only the attributes on which Loox and Payoneer actually diverge.
Identical on both: pricing model (usage-based), free tier (No), 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 Loox
Nothing recorded that Payoneer does not also cover.
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.
Loox
No use cases recorded yet. See the Loox review.
Payoneer
- Receiving marketplace and platform payouts as a freelancer or sellernot Loox
- Holding receiving accounts in several currenciesnot Loox
- Paying suppliers and withdrawing to a local bank accountnot Loox
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Loox
- Beyond plan review volume, overage billing adds $40 to $50 per extra 300 orders processed
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
Loox
On requestNo published plan breakdown. See the Loox review.
Payoneer
$29/month- StandardFree
- Receive payments
- Multi-currency
- Marketplace connections
Which should you pick?
Choose Loox if
Nothing in the data separates Loox from Payoneer on the points above - pick on price and on how each one feels to use.
Choose Payoneer if
- You need receive payments.
- You work on Web, Ios, Android.
- You also want multi-currency accounts.
Questions people ask
- Is Loox or Payoneer better?
- Neither clearly leads. Loox 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, Loox or Payoneer?
- Loox starts at On request and Payoneer at $29/month.
- Does Loox or Payoneer run on more platforms?
- Loox runs on Web. Payoneer runs on Web, Ios, Android.
- What can Loox do that Payoneer cannot?
- Payoneer covers Receive payments, Multi-currency accounts, Working capital, Mass payouts.
Related pages
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- Payoneer vs SamCart
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- Payoneer vs Melio
- Payoneer vs Wise Business
- Payoneer vs ADP
- Payoneer vs Brex
- Payoneer vs Expensify
- Payoneer vs Fyle
- Payoneer vs Pleo
- Payoneer vs Sage 50
- Payoneer vs SAP Concur
- Payoneer vs Spendesk
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- Payoneer vs Tipalti
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