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Payoneer VS Arc.dev

Compare Payoneer VS Arc.dev and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Payoneer logo Payoneer

Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Arc.dev logo Arc.dev

Arc is the remote career platform helping developers build amazing careers from anywhere. Find thousands of top remote developer jobs online all in one place!
  • Payoneer Landing page
    Landing page //
    2023-10-22
  • Arc.dev Landing page
    Landing page //
    2023-09-07

Payoneer features and specs

  • Global Reach
    Payoneer is available in over 200 countries and supports more than 150 different currencies.
  • Multiple Payment Options
    It offers various ways to receive and withdraw funds including bank transfers, prepaid MasterCard, and direct payments.
  • Low Fees for International Transactions
    Compared to traditional banking methods, Payoneer offers relatively low fees for cross-border payments.
  • Integration with Major Marketplaces
    Payoneer partners with major e-commerce platforms like Amazon, Fiverr, and Upwork, making it easier for freelancers and sellers to get paid.
  • User-Friendly Interface
    The platform is generally easy to use with a straightforward interface for setting up accounts and receiving payments.
  • Security
    Payoneer employs advanced security measures, including two-step verification and fraud protection, to safeguard user accounts.

Possible disadvantages of Payoneer

  • Account Maintenance Fees
    There are annual account maintenance fees and specific charges for inactivity that can be a drawback for infrequent users.
  • Exchange Rates
    Payoneer may apply a margin to the exchange rates, which could be less favorable compared to mid-market rates.
  • Customer Support
    Some users have reported that customer support can be slow or unresponsive in resolving issues.
  • High ATM Withdrawal Fees
    Fees for ATM withdrawals using the Payoneer prepaid MasterCard can be relatively high.
  • Complex Verification Process
    The initial account setup and verification process can be somewhat complicated and lengthy, requiring multiple documents.
  • Limited Fiat Deposit Options
    It lacks support for depositing funds directly via credit cards or other common fiat payment methods, focusing mainly on bank transfers.

Arc.dev features and specs

  • Quality Talent
    Arc.dev screens and vets developers, ensuring high-quality talent is available for hire.
  • Remote Focused
    The platform is designed specifically for remote work, which is increasingly relevant in today's job market.
  • Flexible Hiring
    Arc.dev offers flexible hiring options, including full-time, part-time, and contract roles.
  • Global Reach
    Employers have access to a global pool of developers, providing a broader range of skills and expertise.
  • Hiring Assistance
    Arc.dev provides dedicated hiring consultants to help match employers with the right developers.
  • Community and Resources
    Developers have access to a supportive community and resources to help them grow their careers.

Possible disadvantages of Arc.dev

  • Cost
    Hiring through Arc.dev can be more expensive than other platforms, given the quality and vetting process involved.
  • Niche Market
    The platform primarily caters to tech and development roles, which may not be suitable for companies looking for a wider range of skill sets.
  • Vetting Process Delay
    The thorough vetting process can sometimes lead to delays in hiring, which may not suit urgent hiring needs.
  • Geographical Constraints
    While remote work is emphasized, certain employers might face challenges with time zone differences.
  • Platform Fee
    Arc.dev charges a platform fee, which might be a barrier for startups or small businesses with limited budgets.
  • Limited User Control
    Employers might find the process less flexible compared to directly hiring through other platforms, due to the involvement of hiring consultants.

Analysis of Payoneer

Overall verdict

  • Overall, Payoneer is a reliable choice for individuals and businesses looking for efficient ways to handle international payments. Its widespread acceptance and comprehensive services make it a valuable financial tool for many users.

Why this product is good

  • Payoneer is considered good due to its wide range of international payment solutions, competitive fees, and strong global presence. It allows businesses and freelancers to send and receive funds in multiple currencies, making it a versatile option for international transactions. The platform is known for its user-friendly interface and robust security measures, which enhance user experience and trust.

Recommended for

  • Freelancers who work with clients globally
  • Small to medium-sized businesses involved in international trade
  • E-commerce sellers on platforms like Amazon and eBay
  • Remote workers needing to receive salaries from overseas
  • Service providers requiring multi-currency payment options

Payoneer videos

+ Add

Using Payoneer to receive Amazon payments?? - ASK JUNGLE SCOUT EP #13

More videos:

  • Review - Can You Use Payoneer To Receive Payments For Your E-Commerce Business? | #39
  • Review - Payoneer 2019 Highlights: A Year in Review

Arc.dev videos

+ Add

Remote Work For Developers | Why I Invested In Arc.Dev on Wefunder (YC Startup)

More videos:

  • Review - ARC.DEV (FKA CODEMENTORX) REVIEW: ALTERNATIVES AND COMPETITORS FOR 2020
  • Review - Arc 2.0 - The Easiest Way to Find Remote Developer Jobs | Arc.dev

Category Popularity

0-100% (relative to Payoneer and Arc.dev)

Payoneer

Arc.dev

Online Payments
100 100%
Online Payments
0% 0
Remote Jobs
0 0%
Remote Jobs
100% 100
Payment Platform
100 100%
Payment Platform
0% 0
Job Boards
0 0%
Job Boards
100% 100

User comments

Share your experience with using Payoneer and Arc.dev. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Payoneer and Arc.dev

Payoneer Reviews

6 Cheaper Payoneer Alternatives for Your Online Transcations
While Payoneer has been a popular choice for money transfers, there are several alternatives available that offer more cost-effective solutions. Parallax, with its low exchange rates and fast processing, stands out as a promising option. You even have the option to convert your money to crypto in a snap.
Source: www.withparallax.com
Top 5 Payoneer Alternatives [2024]
This business-focus may not make them suitable to individual customers. Alternative international money transfer providers like Wise, OFX and Western Union. These providers offer convenient, fast transfers at low fees to almost anywhere in the world. If you are not a business or freelancer and donโ€™t need the business tools and services that Payoneer offers, you may want to...
Source: www.exiap.com
Top 5 Payoneer Alternatives for Seamless Online Transactions
PayPal excels in user familiarity and widespread acceptance, making it convenient for both businesses and customers. It offers buyer and seller protection, but comes with potentially higher fees and account limitations compared to Payoneer. Choose PayPal for convenience and buyer trust, Payoneer for potentially lower fees and specialized features.
Source: www.doola.com
What to Use Instead of PayPal? 10 Best PayPal Alternatives
Even with the free Payoneer account, the system requires a $1.50 fee for any local bank transfer or ACH. One nice feature of Payoneer that not every other option offers is the Billing Service. This lets you set repeat payments. It comes with an additional fee of 1% or 3% for debit or credit card payments, respectively. You can also use Payoneer and its currency conversion...
Source: www.podium.com.au
8 Best Wise Alternatives โ€“ Which Wise Competitors Should You Try?
Payoneer was launched in 2005 as a financial services organization. The company is a MasterCard Service Provider for many countries across the globe. Payoneer is a great site like Wise, which can be used for online money transfers and digital payments and gives access to working capital to a wide variety of international businesses.
Source: www.kasareviews.com

Arc.dev Reviews

Comparing Andela, Turing, Toptal, Micro1, Arc.dev, and Wajusoft
When comparing these platforms, several key features stand out. Andela and Turing provide access to a large talent pool of vetted developers. Toptal, Arc.dev and micro1 offer specialized expertise and agile development practices, respectively. Wajusoft excels in flexibility in team scaling and tailored solutions.
Source: www.wajusoft.com
Top 10 Websites to Find Remote Jobs
Who Should Sign UpโญArc caters to a wide range of experience levels. Newbies can benefit from career guidance and skill-building resources, while experienced developers will find a curated selection of high-quality remote positions from top companies.
Source: blog.tmetric.com
Best Freelancer.com Alternatives For Hiring Developers
Arc.dev uses a strict vetting process like other top-rated online marketplaces. It utilizes various assessment tools to ensure its freelancers are of the highest quality. Unlike Freelancer, where you can hire freelancers for the long and short term, Arc.dev focuses on helping companies hire full-time and long-term remote-working developers. The platform ensures all parties...
Source: www.ideamotive.co
Forget LinkedIn: The Top 10 Remote Work Alternatives for Landing Your Dream Tech Job Remotely
Arc: Leveraging AI, Arc is a global remote jobs marketplace connecting companies with talented software developers.
Source: dev.to

Social recommendations and mentions

Based on our record, Arc.dev seems to be more popular. It has been mentiond 22 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Payoneer mentions (0)

We have not tracked any mentions of Payoneer yet. Tracking of Payoneer recommendations started around Mar 2021.

Arc.dev mentions (22)

  • Top 7 Remote Job Boards for Software Engineers (No "Fake Remote" BS)
    Arc flips the traditional job search model. Itโ€™s an exclusive network primarily aimed at senior developers. - Source: dev.to / 3 months ago
  • Which Hiring Platforms Offer Risk-Free Trials for ReactJS Developers?
    Arc.dev offers companies both full-time and freelance recruiting options for qualified ReactJS engineers. They provide a two-week risk-free trial so businesses can evaluate the developer's abilities and suitability. Businesses can stop operating without incurring any costs if they are not happy. - Source: dev.to / over 1 year ago
  • Best Websites to Hire Remote Software Developers in USA
    Arc.dev Arc.dev specializes in connecting companies with remote developers, designers, and marketers. With a focus on quality, Arc.dev provides access to vetted candidates with domain expertise and English fluency. The platform's unique approach to candidate matching saves time and ensures you find the right fit quickly. - Source: dev.to / almost 2 years ago
  • Just Moved to Vienna
    Hallo Leute aus ร–sterreich! I just made my move to Wien, finally. I am offering my Software Engineering Consulting Services and/or Digital Product Management services to anyone who wants to launch an MVP in the digital space in a short manner, or join/lead a small team. Enterprise-grade stuff (I am ex-IBM CIO), no shady businesses, US entity. My profile: https://arc.dev/@arpad Before going into the Software space... - Source: Hacker News / over 2 years ago
  • ๐Ÿ’ผ 50 Tips to Land a Remote Tech Job Based on My 45-Day Journey to 2 Offers
    To be honest, it's another rabbit hole. In my whole experience history with these job platforms, I can 100% backup G2i as I got a dream job there and Toptal, Lemon.io, Turing, and Arc.dev are fine but people have different opinions about them, sometimes they want to charge you a lot, sometimes there is a lack of jobs, etc. It's a thing to consider, but hear this out. - Source: dev.to / over 2 years ago
View more

What are some alternatives?

When comparing Payoneer and Arc.dev, you can also consider the following products

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Flexiple - Flexiple helps companies work with top tech talent within 48 hours to 7 days. Our talent are handpicked through a rigorous screening process and are alumni from top tech companies such as Amazon, Adobe, Microsoft, amongst others.

PayPal Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

Toptal - Hire the Top 3% of Freelance Talentยฎ. Toptal is an exclusive network of the top freelance software developers, designers, finance experts, product managers, and project managers in the world.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripeโ€™s payment platform to accept and process payments online for easy-to-use commerce solutions.

Upwork - Forget the old rules. You can have the best people. Right now. Right here.

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