Payoneer vs Krak Comparison At a Glance
We've divided the key information you need to know when comparing Krak vs Payoneer into several aspects: pros & cons, coverage, pricing, limits, supported asset management, accounts and their onboarding, security, user experience and the company's info. However, if you want a quick side-by-side Krak vs Payoneer comparison to see which one is rated better, check out the table below.
With an overall score of 9.8, Krak clearly comes out on top. Payoneer, by comparison, holds a rating of 9.1. As for the service quality and advantages you get considering the platform’s costs, Krak outperforms Payoneer as well, offering better value for money.
Compare Other Money Transfer Services
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| Per-transaction | Per-transaction | |
| An all-in-one money app for everyday transactions. | A freelancer-friendly platform offering local receiving accounts in multiple currencies. | |
| Visit site Read review | Visit site |
A Detailed Comparison of Krak vs Payoneer
Find out which provider offers the fastest, cheapest, and simplest ways to send money with this elaborate Payoneer vs Krak international transfer comparison table. From supported delivery methods and fees to any extra features, you'll see it all in one place.
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Coverage |
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US
Canada
Indonesia+160 more |
US UK 
Germany+190 more |
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EN IT FR +20 more |
EN CN KO +17 more |
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USD
EUR
CAD+6 more |
USD
EUR
GBP+8 more |
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BTC
ETH
SOL+300 more |
Fiat-only |
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Pricing |
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Bank - €0-3 Card - €0.25 + 3.75% |
Bank - mostly free; up to 1% SWIFT - varies Wire - varies |
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| 0.000015 BTC |
Bank - mostly $1.50; up to 0.5% ATM - $3.15 |
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Limits |
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| $10 | $0.01 | |
| $10 | $10 | |
| $10 | $0.01 | |
| $15,000/week | Bank - $50k/mo | |
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Cash - $100,000/day Crypto - $500,000/day |
ATM - €5,000/day | |
Asset Movement |
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Accounts |
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| None | Physical | |
Security |
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| Name, surname, proof of address, ID | Name, surname, ID | |
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User Experience |
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| Android/iOS | Android/iOS | |
| Chat - 24/7 |
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1 Earn (staking) - up to 8.8% APR 2 Opt-in - up to 0.10% |
1 Working capital - Capital Advance |
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1 Username functionality (Kraktag) 2 Proof-of-Reserves |
1 None |
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Company's info |
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| 2025 | 2005 | |
| Arjun Sethi, Jesse Powell | Yuval Tal | |
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| MiCA, FCA, FinCEN | FinCEN, MSB, CBI, FCA | |
| Visit site Read review | Visit site | |
Krak vs Payoneer Comparison Result Analysis
It's clear there are both Krak vs Payoneer differences and similarities. Let's go over some of the key aspects and see which is more suited for your remittance needs.
Supported Countries & Currencies
Speaking of worldwide reach, Krak is supported in US, Canada, Indonesia and +160 more countries, while Payoneer is supported in US, UK, Germany and +190 more countries.
As for fiat currency support, Krak can be used to transfer USD, EUR, CAD and +6 more currencies. In the meantime, Payoneer supports USD, EUR, GBP and +8 more currencies. Keep in mind that some money transfer services also support crypto – check out the table above to see which ones are available on Krak and Payoneer (if any).
Verdict at a Glance:
Considering the overall reach, Payoneer offers broader country support than Krak. When it comes to fiat you can transfer, Payoneer is a clear winner with USD, EUR, GBP and +8 more currencies.
Fees
When it comes to the pricing structure, Krak uses the per-transaction pricing model with no transaction fees. Payoneer also uses the same model and has up to 3% transaction fees.
Check Krak vs Payoneer fees comparison of deposits, withdrawals and any other priced actions in the table above. You can also see if these platforms apply an exchange rate markup.
Verdict at a Glance:
Both Krak and Payoneer use the per-transaction pricing model. Krak has no transaction fees & Payoneer has up to 3% transaction fees.
Transfer Speeds
Krak is known to offer instant transaction speed. It may sometimes vary depending on the delivery method, though – Krak supports Bank deposit, Cash pickup and Wallet transfer.
Payoneer supports Bank deposit and ATM as delivery methods and offers average transaction speed.
Verdict at a Glance:
Krak is generally faster than Payoneer. though it can sometimes depend on your chosen transfer method and the countries you send from/to.
Limits & Funding Methods
Krak can be funded via PayPal, Manual bank transfer, Apple Pay and Card, and it limits its transfers in the following way - $15,000/week.
Payoneer puts limits on transactions as follows – Bank - $50k/mo. Considering available funding methods, you can deposit money to Payoneer via ACH, SEPA, FPS, EFT, BECS, Zengin and SWIFT.
By the way, many (but not all) providers set minimum deposit, withdrawal, and transfer amounts, which you can check in the Krak vs Payoneer comparison table above.
Verdict at a Glance:
Regardless of how similar or different Krak and Payoneer seem, always check your account for actual limits because some platforms tie them to your verification level and country.
How Is This Krak vs Payoneer Comparison Created?
1. We Collect
All information in this Krak vs Payoneer comparison comes from official provider pages, their fee schedules, verified payout samples, and personal testing. We check each country/currency coverage, fees, funding & payout methods, limits, and much more. You can be sure that all the collected information is accurate and up to date.
2. We Examine
Our experts double- and triple-check every data entry in the provider pages and trusted sources. We convert different fee formats into one standard layout, bring all info to the same baseline, and ensure you get all the essential details. The result is clean, comparable information you see in our Money Transfer Services Comparison Tool.
3. We Rate
We rate each provider to make choosing between Payoneer vs Krak for travel or remittances simple. Our score blends fees, markup presence, transfer speed, coverage, limits, security, and other factors. Each provider gets a clear score and a short verdict so you can quickly see which is cheapest, fastest, or best for specific use cases.
4. You Choose
Then, it's your call. After we compile the data and rate each provider, you can go over the quick and detailed Krak vs Payoneer comparison tables to place each provider's fees, coverage, delivery methods or any other aspects that matter to you side-by-side. This way, you can pick the best money transfer service for your needs.
FAQ
Is Krak better than Payoneer?
For some users, Krak might be better, while others might prefer Payoneer. It generally depends on your needs. When comparing Krak vs Payoneer for international payments or other use cases, always start with coverage and asset support, then make sure to check total costs and available delivery options. If neither option is suitable for you, consider exploring alternative money transfer services.
What is the best international money transfer service?
"The best" is a subjective term. Users seeking cash pickup or home delivery options will opt for more traditional money transfer services. Others, who seek speed, convenience and low costs, might choose neobank-like services. Speaking of which, one of the best new generation money transfer providers to watch is Ogvio. It’s all about low-to-zero fees, worldwide reach, and instant money transfers. On top of that, with EUR- or USD-denominated accounts, it helps protect funds from local inflation or currency depreciation.
Can I use more than one money transfer app?
Yes, using multiple money transfer apps sometimes might even be a better idea than sticking to one. For example, one provider might offer the lowest costs and fastest speeds, which would be highly beneficial for everyday transfers, while another can provide you with home delivery or cash pickup when you need it. You can surely find the most suitable providers for you using our Money Transfer Service Comparison Tool.
How do Krak vs Payoneer compare in terms of country and currency support?
Krak is supported in US, Canada, Indonesia and +160 more countries and can be used to transfer USD, EUR, CAD and +6 more currencies. Payoneer, on the other hand, is supported in US, UK, Germany and +190 more countries and allows USD, EUR, GBP and +8 more currencies transfers. Some providers might be better than others in specific countries or regions (e.g., the Philippines, India, Mexico, etc.).
Which is cheaper for international transfers, Payoneer or Krak?
Both Krak and Payoneer use the per-transaction pricing model. To see which is the cheaper option, check Krak vs Payoneer fees comparison above in the "Pricing" field. There, you'll find transaction, deposit, withdrawal, and any other costs, including whether or not they add an exchange rate markup. If neither is cheap enough, check out other money transfer providers.
How to compare platforms with this Money Transfer Service Comparison Tool?
It's very easy to use, just pick two services you want to compare in the drop-down menu and click "Compare Now". Once you do that, you'll get an instant money transfer service comparison. As you scroll through it, you'll find all the key info, including the platform's reach, speed, supported methods, limits, extra features, and the best money transfer fee comparison for 2025 and beyond.
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