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Software · head to head

Payoneer vs TaxJar

Payoneer logo

Payoneer

Software

One account. Infinite opportunities.

From
$29/month
Rated
-
Full reviewWebsite
TaxJar logo

TaxJar

Software

Sales tax, simplified

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Payoneer an annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months; TaxJar both published plans include only 200 orders per month, so higher volume costs more
  • They diverge on capability: Payoneer covers Receive payments, TaxJar covers Tax calculation.

Where they differ

Only the attributes on which Payoneer and TaxJar actually diverge.

Attributes where Payoneer and TaxJar differ
AttributePayoneerTaxJar
Pricing modelusage-basedsubscription
PlatformsWeb, Ios, AndroidWeb, Api
Founded20052013

Identical on both: starting price ($29/month), 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 Payoneer

  • Receive payments
  • Multi-currency accounts
  • Working capital
  • Mass payouts
  • Marketplace integrations
  • Fiverr
  • Upwork
  • PCI DSS

Only in TaxJar

  • Tax calculation
  • AutoFile returns
  • Economic nexus tracking
  • Exemption certificates
  • Multi-channel support
  • Shopify
  • WooCommerce
  • Stripe

Both cover

  • Amazon
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Payoneer

  • Receiving marketplace and platform payouts as a freelancer or sellernot TaxJar
  • Holding receiving accounts in several currenciesnot TaxJar
  • Paying suppliers and withdrawing to a local bank accountnot TaxJar

TaxJar

  • Calculating US sales tax at checkoutnot Payoneer
  • Reporting sales tax liability by state and jurisdictionnot Payoneer
  • Automatically filing state sales tax returnsnot Payoneer

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

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%

TaxJar

  • Both published plans include only 200 orders per month, so higher volume costs more
  • The Starter plan at $39 per month allows only 3 data import integrations
  • AutoFile state filings are metered: Starter includes 2 credits a year and each extra filing costs $50, Professional includes 4 and each extra costs $55
  • Real time tax calculation API access requires the Professional plan at $99 per month
  • Phone support, a Customer Success Manager and a dedicated onboarding specialist require the Professional plan
  • The developer sandbox requires the Professional plan
  • The 10% saving requires annual billing

Pricing, plan by plan

Payoneer

$29/month
  • StandardFree
    • Receive payments
    • Multi-currency
    • Marketplace connections

TaxJar

$29/month
  • Starter$19/month
    • Sales tax calculation
    • Reporting
    • 1 state filing

Which should you pick?

Choose Payoneer if

  • You need receive payments.
  • You work on Web, Ios, Android.
  • You also want multi-currency accounts.
Payoneer review

Choose TaxJar if

  • You need tax calculation.
  • You work on Web, Api.
  • You also want autofile returns.
TaxJar review

Questions people ask

Is Payoneer or TaxJar better?
Neither clearly leads. Payoneer starts at $29/month and TaxJar at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Payoneer or TaxJar?
Payoneer starts at $29/month and TaxJar at $29/month.
Does Payoneer or TaxJar run on more platforms?
Payoneer runs on Web, Ios, Android. TaxJar runs on Web, Api.
What is Payoneer best used for?
Payoneer is most often used for receiving marketplace and platform payouts as a freelancer or seller, holding receiving accounts in several currencies, paying suppliers and withdrawing to a local bank account. Of those, receiving marketplace and platform payouts as a freelancer or seller and holding receiving accounts in several currencies are not what TaxJar is typically brought in for.
What can Payoneer do that TaxJar cannot?
Payoneer covers Receive payments, Multi-currency accounts, Working capital, Mass payouts. TaxJar covers Tax calculation, AutoFile returns, Economic nexus tracking, Exemption certificates. Both handle Amazon, Web support.
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