Hello!
I am having a customer that insists in paying me through Payoneer,
but I hesitate to accept it since I 've seen many bad reviews about this specific platform with people even calling them scammers!
On the other hand, I could be wrong, maybe there is nothing wrong with it...
So I would like some info on how this works from people who already operate with Payoneer.
My first questions would be (besides are they trust worthy obviously):
1. Do I need to have a payoneer card in order to receive payments? I hear it has a 30$ maintenance fee per year.
2. I plan to have the payments I receive on my payoneer account immediately transferred to my local bank account. What amount of money will be lost in the process?
3. Any other fees I should be aware of?
Thank you in advance.
Replies
https://www.bbb.org/new-york-city/business-reviews/financial-services/payoneer-inc-in-new-york-ny-91001
https://www.bbb.org/losangelessiliconvalley/business-reviews/payment-processing-services/paypal-in-san-jose-ca-210387/request-a-quote
Your questions can probably be answered here: https://payoneer.custhelp.com/
If not, I would send your questions directly to Payoneer support though, it's unlikely anyone on Polycount will be an expert with this service.
It is good to have Payoneer card, sometimes there a delay in transfer in money from Payoneer to local bank acc. I always send to my acc, but, i receive them in 2-3 days.Maybe your bank would be faster:)
There is always a withdraw fee, when you do any kind of transaction with Payoneer.