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  <xsd:element id="payo_ExercisePrice0.620Member" name="ExercisePrice0.620Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice1.380Member" name="ExercisePrice1.380Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice1.410Member" name="ExercisePrice1.410Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice1.810Member" name="ExercisePrice1.810Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice2.740Member" name="ExercisePrice2.740Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice2.800Member" name="ExercisePrice2.800Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice2.850TwoMember" name="ExercisePrice2.850TwoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice2.900Member" name="ExercisePrice2.900Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice3.020Member" name="ExercisePrice3.020Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice3.070Member" name="ExercisePrice3.070Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice3.900Member" name="ExercisePrice3.900Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice7.870Member" name="ExercisePrice7.870Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ExercisePrice3.90Member" name="ExercisePrice3.90Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_First30MonthsFollowingClosingDateMember" name="First30MonthsFollowingClosingDateMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_First60MonthsFollowingClosingDateMember" name="First60MonthsFollowingClosingDateMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_PercentageOfEarnOutSharesIssued" name="PercentageOfEarnOutSharesIssued" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="payo_SharePriceOfEarnOutSharesOverAny20TradingDaysWithinAny30TradingDayPeriod" name="SharePriceOfEarnOutSharesOverAny20TradingDaysWithinAny30TradingDayPeriod" nillable="true" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="payo_ThresholdMinimumTradingDaysForNotToTransferOrPermitTransferShares" name="ThresholdMinimumTradingDaysForNotToTransferOrPermitTransferShares" nillable="true" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="payo_ThresholdTradingDaysForNotToTransferOrPermitTransferShares" name="ThresholdTradingDaysForNotToTransferOrPermitTransferShares" nillable="true" type="xbrli:durationItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="payo_LossContingencyCollateralAmountReturned" name="LossContingencyCollateralAmountReturned" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="payo_LineOfCreditCollateralAsPercentageOfReceivables" name="LineOfCreditCollateralAsPercentageOfReceivables" nillable="true" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" />
  <xsd:element id="payo_ReceivablesAndLoanSecurityAgreementMember" name="ReceivablesAndLoanSecurityAgreementMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ScheduleOfOperatingLeaseExpenseTableTextBlock" name="ScheduleOfOperatingLeaseExpenseTableTextBlock" nillable="true" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" />
  <xsd:element id="payo_CnbvAndBankOfMexicoMember" name="CnbvAndBankOfMexicoMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_DeferredTaxLiabilitiesContractAssets" name="DeferredTaxLiabilitiesContractAssets" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" xbrli:balance="credit" />
  <xsd:element id="payo_StockOptionsMember" name="StockOptionsMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_CommitmentAmountEqualTo25000Member" name="CommitmentAmountEqualTo25000Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_CommitmentAmountEqualTo50000Member" name="CommitmentAmountEqualTo50000Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_CommitmentAmountEqualTo75000Member" name="CommitmentAmountEqualTo75000Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_CommitmentAmountEqualTo100000Member" name="CommitmentAmountEqualTo100000Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExercisesInPeriodIntrinsicValueTaxBenefit" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsExercisesInPeriodIntrinsicValueTaxBenefit" nillable="true" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" xbrli:balance="credit" />
  <xsd:element id="payo_FinancialAssetNotPastDue2Member" name="FinancialAssetNotPastDue2Member" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_FinancingReceivablesDueInMoreThan90DaysMember" name="FinancingReceivablesDueInMoreThan90DaysMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_FinancingReceivablesDueIn60To90DaysMember" name="FinancingReceivablesDueIn60To90DaysMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_FinancingReceivablesDueIn30To60DaysMember" name="FinancingReceivablesDueIn30To60DaysMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element id="payo_FinancingReceivablesDueInLessThan30DaysMember" name="FinancingReceivablesDueInLessThan30DaysMember" nillable="true" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" xbrli:periodType="duration" />
  <xsd:element name="OperatingLeaseLiabilitiesWithinOtherCurrentPayables" id="payo_OperatingLeaseLiabilitiesWithinOtherCurrentPayables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="OperatingLeaseLiabilitiesWithinLongTermPayables" id="payo_OperatingLeaseLiabilitiesWithinLongTermPayables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="OperatingLeaseLiabilitiesClassifiedWithinCurrentAndLongTermLiabilities" id="payo_OperatingLeaseLiabilitiesClassifiedWithinCurrentAndLongTermLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="EmployeeStockOwnershipPlanEmployeeDeductionPercentage" id="payo_EmployeeStockOwnershipPlanEmployeeDeductionPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="EmployeeStockOwnershipPlanTermOfOfferingPeriod" id="payo_EmployeeStockOwnershipPlanTermOfOfferingPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="EmployeeStockOwnershipPlanMinimumPurchasePriceOfSharesAsPercentageOfClosingSalesPrice" id="payo_EmployeeStockOwnershipPlanMinimumPurchasePriceOfSharesAsPercentageOfClosingSalesPrice" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="GeneralAndAdministrativeExpensesPolicyTextBlock" id="payo_GeneralAndAdministrativeExpensesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CapitalAdvanceReceivableAbstract" id="payo_CapitalAdvanceReceivableAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CapitalAdvanceReceivableTextBlock" id="payo_CapitalAdvanceReceivableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="IndividualOneMarketplacesMember" id="payo_IndividualOneMarketplacesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="IndividualTwoMarketplacesMember" id="payo_IndividualTwoMarketplacesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PeoplesRepublicOfChinaPrcMember" id="payo_PeoplesRepublicOfChinaPrcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NumberOfIndividualMarketPlaces" id="payo_NumberOfIndividualMarketPlaces" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="AssetsPledgedAsCollateralAndIncludedWithinCapitalAdvanceReceivables" id="payo_AssetsPledgedAsCollateralAndIncludedWithinCapitalAdvanceReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="OtherNoncurrentLiabilitiesDisclosureTextBlock" id="payo_OtherNoncurrentLiabilitiesDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="SeverancePayLiabilitiesNoncurrent" id="payo_SeverancePayLiabilitiesNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ReservesForUncertainTaxPositions" id="payo_ReservesForUncertainTaxPositions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="NumberOfStockBasedCompensationIncentivePlans" id="payo_NumberOfStockBasedCompensationIncentivePlans" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="EffectiveIncomeTaxRateReconciliationProvisionToReturnAdjustmentAmount" id="payo_EffectiveIncomeTaxRateReconciliationProvisionToReturnAdjustmentAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="EffectiveIncomeTaxRateReconciliationEffectOfNonU.s.OperationsAmount" id="payo_EffectiveIncomeTaxRateReconciliationEffectOfNonU.s.OperationsAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DeferredTaxLiabilitiesRightOfUseAsset" id="payo_DeferredTaxLiabilitiesRightOfUseAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="DeferredTaxAssetsOperatingLeaseLiability" id="payo_DeferredTaxAssetsOperatingLeaseLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DeferredTaxAssetsCapitalizedResearchAndDevelopment" id="payo_DeferredTaxAssetsCapitalizedResearchAndDevelopment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="NonDeductibleWarrantRevaluation" id="payo_NonDeductibleWarrantRevaluation" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ExcludingCapitalizedInternalUseSoftwareMember" id="payo_ExcludingCapitalizedInternalUseSoftwareMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="StockIssuedDuringPeriodValueStockOptionsExercisedAndVestingOfRestrictedStockUnits" id="payo_StockIssuedDuringPeriodValueStockOptionsExercisedAndVestingOfRestrictedStockUnits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="StockIssuedDuringPeriodSharesStockOptionsExercisedAndVestingOfRestrictedStockUnits" id="payo_StockIssuedDuringPeriodSharesStockOptionsExercisedAndVestingOfRestrictedStockUnits" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CapitalizedInternalUseSoftwareNotYetPlacedInService" id="payo_CapitalizedInternalUseSoftwareNotYetPlacedInService" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="EmployeeStockPurchasePlanMember" id="payo_EmployeeStockPurchasePlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AdjustmentToOperatingCashFlowsDeferredIncomeTaxes" id="payo_AdjustmentToOperatingCashFlowsDeferredIncomeTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="BusinessCombinationCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" id="payo_BusinessCombinationCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="AcquiredIntangibleAssetsMember" id="payo_AcquiredIntangibleAssetsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="TreasuryStockPolicy" id="payo_TreasuryStockPolicy" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CommonStockRepurchasedButNotYetPaid" id="payo_CommonStockRepurchasedButNotYetPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchased" id="payo_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchased" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="IncomeLossFromEquityMethodInvestmentsAffectingCashFlowStatement" id="payo_IncomeLossFromEquityMethodInvestmentsAffectingCashFlowStatement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchasedValue" id="payo_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchasedValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="PublicWarrantsMember" id="payo_PublicWarrantsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="RestrictedStockUnitsWithMarketConditionsMember" id="payo_RestrictedStockUnitsWithMarketConditionsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AviZeeviMember" id="payo_AviZeeviMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DeferredTaxAssetsValuationAllowanceReversal" id="payo_DeferredTaxAssetsValuationAllowanceReversal" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="PayoneerGangzhouMember" id="payo_PayoneerGangzhouMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DebtInstrumentAdditionalErmAfterRevolvingMaturityDate" id="payo_DebtInstrumentAdditionalErmAfterRevolvingMaturityDate" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ExpenditureForInternalUseSoftwareCapitalizedButNotPaid" id="payo_ExpenditureForInternalUseSoftwareCapitalizedButNotPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="RestructuringAndRelatedActivitiesReductionInWorkforcePercentage" id="payo_RestructuringAndRelatedActivitiesReductionInWorkforcePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="DebtInstrumentBenchmarkRateOnVariableRate" id="payo_DebtInstrumentBenchmarkRateOnVariableRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="SpottIncrediblesTechnologiesLtdMember" id="payo_SpottIncrediblesTechnologiesLtdMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AmountDepositedInEscrowAccount" id="payo_AmountDepositedInEscrowAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="PaymentsForRelatedPartyAssetAcquisition" id="payo_PaymentsForRelatedPartyAssetAcquisition" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ItaiPerryMember" id="payo_ItaiPerryMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PercentageOfConcentrationOfEmployees" id="payo_PercentageOfConcentrationOfEmployees" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PercentageOfConcentrationOfResearchAndDevelopmentResources" id="payo_PercentageOfConcentrationOfResearchAndDevelopmentResources" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CapitalAdvanceIncome" id="payo_CapitalAdvanceIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="StockIncentivePlan2021Member" id="payo_StockIncentivePlan2021Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchasedWeightedAverageGrantDateFairValue" id="payo_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWithheldToCoverSharesRepurchasedWeightedAverageGrantDateFairValue" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PayoneerResearchAndDevelopmentLtd.Member" id="payo_PayoneerResearchAndDevelopmentLtd.Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NonCurrentTaxProvisionsOther" id="payo_NonCurrentTaxProvisionsOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="EmployeeStockPurchasePlanMaximumAnnualDeductionAmount" id="payo_EmployeeStockPurchasePlanMaximumAnnualDeductionAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="OperatingLeaseLiabilityLongTerm" id="payo_OperatingLeaseLiabilityLongTerm" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearThree" id="payo_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="IncreaseDecreaseInInterestAndAmortizationOfDiscountOnInvestments" id="payo_IncreaseDecreaseInInterestAndAmortizationOfDiscountOnInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="CustomerFundsInvestedInAvailableForSaleDebtSecurities" id="payo_CustomerFundsInvestedInAvailableForSaleDebtSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="NetCustomerFunds" id="payo_NetCustomerFunds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CustomerFundsAndInvestmentsPolicyPolicyTextBlock" id="payo_CustomerFundsAndInvestmentsPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CustomerFundsAndInvestmentsAbstract" id="payo_CustomerFundsAndInvestmentsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CustomerFundsAndInvestmentsTextBlock" id="payo_CustomerFundsAndInvestmentsTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ScheduleOfAssetsUnderlyingCustomerFundsTableTextBlock" id="payo_ScheduleOfAssetsUnderlyingCustomerFundsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="CustomerFundsInvestedInCashAndCashEquivalents" id="payo_CustomerFundsInvestedInCashAndCashEquivalents" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="WarrantLiabilitiesFairValueDisclosure" id="payo_WarrantLiabilitiesFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="UnrealizedGainLossOnForeignCurrencyDerivativesNetAfterTax" id="payo_UnrealizedGainLossOnForeignCurrencyDerivativesNetAfterTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ProceedsFromInternationalEmployeesSalesOfCommonStock" id="payo_ProceedsFromInternationalEmployeesSalesOfCommonStock" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CustomerFundsCurrentAndNonCurrent" id="payo_CustomerFundsCurrentAndNonCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="SkuadPte.LtdMember" id="payo_SkuadPte.LtdMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsIssuedUnderReplacementAwards" id="payo_BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsIssuedUnderReplacementAwards" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="BusinessCombinationContingentConsiderationTransferred" id="payo_BusinessCombinationContingentConsiderationTransferred" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="BusinessCombinationConsiderationTransferredSettlementOfPreExistingRelationship" id="payo_BusinessCombinationConsiderationTransferredSettlementOfPreExistingRelationship" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="BusinessCombinationConsiderationTransferredSettlementOfUnvestedAcquireeStockBasedCompensationAwards" id="payo_BusinessCombinationConsiderationTransferredSettlementOfUnvestedAcquireeStockBasedCompensationAwards" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCustomerFunds" id="payo_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCustomerFunds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOutstandingOperatingBalances" id="payo_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOutstandingOperatingBalances" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="CustomerFundInvestedInAvailableForSaleDebtSecurities" id="payo_CustomerFundInvestedInAvailableForSaleDebtSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ClassOfWarrantOrRightSharesRepurchasedDuringPeriod" id="payo_ClassOfWarrantOrRightSharesRepurchasedDuringPeriod" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ClassOfWarrantOrRightRepurchasePricePerWarrant" id="payo_ClassOfWarrantOrRightRepurchasePricePerWarrant" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ClassOfWarrantOrRightPercentageOfRepurchase" id="payo_ClassOfWarrantOrRightPercentageOfRepurchase" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="GainLossOnRepurchaseOfWarrantsAndRightsOutstanding" id="payo_GainLossOnRepurchaseOfWarrantsAndRightsOutstanding" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="RepurchaseOfWarrantsTransactionCosts" id="payo_RepurchaseOfWarrantsTransactionCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ClassOfWarrantOrRightRepurchasePricePerWarrantAmendment" id="payo_ClassOfWarrantOrRightRepurchasePricePerWarrantAmendment" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsCommittedToIssue" id="payo_BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsCommittedToIssue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsCommittedToGrant" id="payo_BusinessAcquisitionNumberOfEquityInstrumentsOtherThanOptionsCommittedToGrant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedUncertainTaxPositions" id="payo_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedUncertainTaxPositions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="LossGainOnWarrantRepurchaseAndRedemption" id="payo_LossGainOnWarrantRepurchaseAndRedemption" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="UnrealizedGainLossOnContingentConsideration" id="payo_UnrealizedGainLossOnContingentConsideration" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="OmnibusStockIncentivePlanMember" id="payo_OmnibusStockIncentivePlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherCurrentAndNoncurrentAssets" id="payo_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherCurrentAndNoncurrentAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CustomersFundsInvestedInTermDeposits" id="payo_CustomersFundsInvestedInTermDeposits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CustomerFundsInvestedInTermDepositsCurrent" id="payo_CustomerFundsInvestedInTermDepositsCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CustomerFundsInvestedInTermDepositsNoncurrent" id="payo_CustomerFundsInvestedInTermDepositsNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAndNoncurrentLiabilitiesOther" id="payo_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAndNoncurrentLiabilitiesOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ScheduleOfEstimatedUsefulLivesOfFiniteLivedIntangibleAssetsTableTextBlock" id="payo_ScheduleOfEstimatedUsefulLivesOfFiniteLivedIntangibleAssetsTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="PropertyPlantAndEquipmentNetBookValueDisposals" id="payo_PropertyPlantAndEquipmentNetBookValueDisposals" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="DeferredTaxLiabilitiesAcquiredIntangibleAssets" id="payo_DeferredTaxLiabilitiesAcquiredIntangibleAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="ExercisePrice5.410Member" id="payo_ExercisePrice5.410Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SusannaMorganMember" id="payo_SusannaMorganMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="AmirGoldmanMember" id="payo_AmirGoldmanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DerivativeAssetNotionalAmountCurrent" id="payo_DerivativeAssetNotionalAmountCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="EuropeMiddleEastAndAfricaMember" id="payo_EuropeMiddleEastAndAfricaMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="SingleReportableSegmentMember" id="payo_SingleReportableSegmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ThirdPartyContractExpense" id="payo_ThirdPartyContractExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CloudComputingArrangementsPolicyTextBlock" id="payo_CloudComputingArrangementsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitIncomeEarnedFromForeignCustomersAmount" id="payo_EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitIncomeEarnedFromForeignCustomersAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="CommonStockNumberOfVotesPerShare" id="payo_CommonStockNumberOfVotesPerShare" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="AccruedInterestTermDeposits" id="payo_AccruedInterestTermDeposits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
</xsd:schema>
