Iraters vs Payora: Which Should You Trade With?
Score by dimension
| Dimension | Iraters | Payora |
|---|---|---|
| Gift card rates | 7.9 / 10Iraters wins | 7.1 / 10 |
| Payout speed | 4.5 / 10Iraters wins | N/A |
| Trade experience | 4.0 / 10 | 4.0 / 10 |
| Support & disputes | 4.0 / 10Iraters wins | 1.9 / 10 |
| KYC & onboarding | N/A | 7.0 / 10Payora wins |
| Product quality | 4.0 / 10 | 5.0 / 10Payora wins |
| Other features | 4.0 / 10 | 8.5 / 10Payora wins |
| Security & trust | 4.0 / 10 | 5.0 / 10Payora wins |
| Reputation | 4.0 / 10 | 5.0 / 10Payora wins |
| App reviews | 9.8 / 10Iraters wins | 8.3 / 10 |
| Overall | 5.1 / 10 | 5.8 / 10 |
Side-by-side facts
| Detail | Iraters | Payora |
|---|---|---|
| Rate received (latest test) | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. | Payora displayed ₦966.373 per dollar and an expected payout of ₦9,663.73 for our $10 Razer Gold e-code. The card was rejected, so no rate was actually received and no payout was made. |
| Tested payout time (latest test) | 32 minutes | Not tested |
| Bank withdrawal time (latest test) | 32 minutes | Not recorded |
| Support first response | 35 minutes | Not tested |
| KYC time | Not tested | 10 minutes |
| Payout methods | Bank transfer | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, GameStop, Google Play, Razer Gold, Steam, Vanilla |
| KYC requirements | Iraters did not ask us to complete identity verification. Registration required a name, email address, phone number, password and date of birth, but no BVN, ID or selfie was requested. | Payora requested a BVN, home address, full name, date of birth, gender and state of origin. Approval took about one minute, but the full process took about ten minutes because the app crashed twice. |
| Fee structure | a fee of 100 was deducted | No completed payout was available because the card was rejected. Payora showed a minimum withdrawal of ₦500 during the test. |
Frequently asked questions
Is Iraters or Payora better overall?
Payora is better overall. It scores 5.8 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Iraters or Payora?
Iraters rated better on the card we traded. Our gift card rates score is 7.9 for Iraters and 7.1 for Payora. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.