Payoneer is an American financial services company that provides online money transfer, digital payment services, and working capital to customers.
Payoneer supports about 200 countries with 150 local currencies. The financial payment service allows you to withdraw funds from a debit card and send or receive money domestically or internationally. Payoneer charges are a bit high at $3 per transfer but are free to receive.
Payoneer is a large, reputed, and trustworthy business. Thousands of companies, marketplaces, and individuals use Payoneer services to make and receive payments and send money worldwide.
Customer service: 00 1 646-658-3695
Founder: Yuval Tal
CEO: Scott Galit (Oct 2010-)
Revenue: 30 crores USD (2019)
Headquarters: New York, United States
1. When Payoneer Works?
Payoneer is the best payment service. And it may not work for everyone.
Payoneer works well in the below cases:
They are a great competitor to PayPal; their services are used for commercial use only.
2. When Payoneer Doesn't Work
Personal payments: If you're looking for a money transfer company to send or receive money between family and friends or using your prepaid debit card as your primary method of paying for things, Payoneer isn't for you.
Payoneer only accepts the business transaction.
Large and Extra Large Business Transfers: Payoneer has certain transaction limits. There is a limit of 15,000 USD/15,000 EUR/15,000 GBP in credit card payments and 15,000 USD with eCheck, in case of payment requests or payments initiated by other Payoneer customers. For payments from other Payoneer customers, there is a monthly limit of 100,000 USD. If you intend to make more significant transactions, you may need to explore other providers.
In our case, this included sharing an invoice, a reason for payment verification, questions about payment, and screenshots of account activity, and an account showing their address. It can take some time and more than a little Zen mastery.
We understand that a lot of it is related to meeting the rules, and overall we think there is a good thing.
But you may receive an email saying, "We regret to inform you that your access to Payoneer's global payments service has been closed,." They will get their due money. We do not have here that our ability to use Payoneer was turned off, but there is no recourse or helpful information about why this would be so.
How do you benefit from Payoneer?
How are we getting paid with Payoneer?
You can be paid via Payoneer.
The URL will help you to make your account in Payoneer:
Click on the below link: