Revolut Business vs Payoneer
For spending abroad FX markup matters, and Payoneer does better (0.5% vs 0.6%). The choice depends on your real spending profile: redo the math with your volumes before picking between Revolut Business and Payoneer.
| Revolut Business | Payoneer | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.0 | ★ 4.1 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato · LT, GB, IE | dedicato |
| Multi-currency | Yes · 36 currencies | Yes · 30 currencies |
| Outbound transfers to third-party IBANs | Yes | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | Yes | — |
| SEPA transfer | Free | Free |
| Interest on balance | 3.3% | — |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | EEA, UK, US, APAC, LATAM · 130+ countries | US, EEA, UK, APAC, LATAM, MENA, AFRICA · 200+ countries |
| Regulator | Bank of Lithuania | FCA, ASIC, MAS, HKMA, state regulators |
| Segment | B2B | B2B |
| Regions | EU/EEA, UK, US, APAC, LATAM | US, EU/EEA, UK, APAC, LATAM, MENA, Africa |
| Licences & safety | Banca EU | Payment Institution |
Frequently asked questions
Revolut Business vs Payoneer: which is better?
For spending abroad FX markup matters, and Payoneer does better (0.5% vs 0.6%). The choice depends on your real spending profile: redo the math with your volumes before picking between Revolut Business and Payoneer.
Which is cheaper, Revolut Business or Payoneer?
On the standard spending profile Revolut Business has the lowest net annual cost: €0 versus €0 for Payoneer.
Is Revolut Business custodial or self-custody?
Revolut Business is custodial: funds are held by the platform, while Payoneer is custodial.
Which is better for spending abroad?
For foreign-currency spending Payoneer wins, with the lowest FX markup: 0.5%.