Halocard vs Payoneer

Halocard is a US-issued Visa credit card for customers in the US and 120+ countries: you sign up in under 5 minutes, verify, add funds and make a card. Outside the US? You don't need an SSN, a US address or a US bank account. Payoneer lets you order a card once your account has received at least $100 in payments in the past six months, a threshold it says varies by country, and it adds that the receipts must not come from an e-wallet. Its card page says Payoneer is for businesses only, which includes freelancers and sole traders paid by clients and marketplaces, and that cards may not be available in some countries because of licensing. Neither runs a credit check. See supported countries

Halocard works like a debit card: you spend the balance you load, with no credit line and no credit check, and a merchant sees a Visa credit card. Payoneer offers one of two Mastercards depending on your eligibility: the Corporate Purchasing Mastercard, issued by First Century Bank, N.A. and provided by Payoneer Inc., or the Payoneer Business Premium Debit Mastercard, issued by Payoneer Europe Limited in Ireland. Either spends your Payoneer balance, which is moved onto the card automatically every hour up to your daily limit. Cards come per currency, so a US dollar card, a euro card and so on, and after the first card in a currency every further one is virtual. Payoneer allows up to 50 virtual cards without approval and 600 with it, at no charge per card. Check merchant acceptance

Halocard keeps one balance you top up by debit/credit card, Apple Pay, Google Pay, bank transfer, stablecoins, or crypto. A Payoneer card spends the balance you have been paid into: earnings from marketplaces and payments from business clients. Receiving in your local currency is free; in another currency it costs 1%, and a client who pays by credit card costs you up to 3.99% + $0.49. Payoneer says you can add funds from a bank account in your own name through a receiving account if you are eligible, and it names no card, phone-wallet or crypto top-up. See how to deposit

Halocard includes a US bank account with its own account and routing numbers, so you can receive salary, transfers from friends and family, and any other payment you'd send to a US checking account. ACH transfers arrive in 1 to 3 business days and domestic wires the same day, straight into your Halocard balance and ready to spend. Payoneer gives you receiving accounts with local details in 13 currencies, including US dollars by ACH and Fedwire. It says a receiving account is not a bank account: it can only receive, payments must come from business accounts for business transactions, and payments from personal bank accounts are declined. You move money out by withdrawing to your own bank, from $1.50 for a withdrawal in your own country and currency. Send and receive USD payments

Payoneer lets you set a daily, a monthly and a total spending limit on each card and freeze or unfreeze it at once. Its help centre notes that a limit covers the purchase amount but not the fees on top, so a purchase can go through above it. A company's card is issued in the name of the authorised representative on the account, and changing a name takes an official document; it doesn't confirm whether a card's billing address can be changed. With Halocard you set daily, weekly or monthly limits on each card, lock or cancel any card instantly, and choose the billing address and cardholder name on each card. See card spending limits

Both work in person. Every Halocard can go in Apple Pay and Google Pay, and you can add a physical card, free with any annual plan or $100 on a monthly plan. Payoneer sends a physical card with free standard delivery, and it works in stores and at ATMs, where a withdrawal costs $3.15 plus up to 1.8%. Its help centre says every Payoneer card works with Google Wallet, but only Payoneer cards whose number starts 529366 can be added to Apple Wallet. Set up Apple Pay and Google Pay

Payoneer's card page lists cashback, but its help centre says it comes only with the Global Cashback Reward Card Plan, which is offered by a Payoneer sales contact or as part of a promotion, carries a periodic fee and may not be available in your country. It gives no rate. Halocard pays no cashback on purchases. What it pays is a referral commission: $5 to $25 a month for every friend you refer, for up to 12 months, and Essential is free with 3 referrals. See how referrals work

Halocard charges nothing on US-dollar purchases, wherever the merchant is, and 1.5% + $0.30 on others. Payoneer's pricing page lists card purchases as free where the merchant is in the card's country of issue, up to 1.8% elsewhere, and up to 3.5% when the purchase needs converting. On top come $29.95 a year for the card, however many cards you hold, and a $29.95 annual account fee in any 12 months when you receive less than $6,000. Withdrawing your balance to a bank costs $1.50 in your own country and currency and 1.2% to 4% otherwise. Payoneer says its fees vary by territory and account type, and shows yours when you register. See all Halocard fees

Payoneer has no monthly plan. Its cards cost a single $29.95 a year however many you hold, and the rest of what you pay depends on use: fees to receive, to convert, to withdraw and on purchases abroad. Halocard plans are $12, $15 and $75 a month and include 3 to 60 cards, with no fee on US-dollar purchases. Essential is free with 3 referrals, and each friend you refer pays you $5 or more a month. Compare Halocard plans

Halocard answers by chat, email, and phone on every plan. Payoneer lists phone numbers for the US, the UK and other countries, live chat for customers who have signed in, and an AI search assistant on its help pages. Its complaints page gives an email address for complaints. Visit the help centre

Payoneer is a Nasdaq-listed company with a record since 2005, licensed in the US, the EU, the UK and elsewhere, and it names the banks that issue its cards. Trustpilot shows no score for Payoneer: its profile says the rating is unavailable because of a breach of Trustpilot's guidelines, and that a number of fake reviews were removed. Halocard names its company, card issuer, account bank and founder. About Halocard