Payoneer Erfahrungen

Payoneer is an easy service to sign up to and it offers you an American bank account which comes in handy more than I could admit. Transactions are fast and the website is very easy to use, I believe they were also offering incentives to sign up just recently, also I didn't sign up with an affiliate link. Payoneer is a service that is breaking boundaries for international trade.

Payoneer charges are a little on the high side, but for the service, they offer it's negligible. I was also pretty bummed that I missed the $50 invite link before signing up and couldn't get it after.

As a freelancer, I liked the "global payments service" feature of Payoneer too much. I am using "First-century Bank" of Payoneer to receive payments from my clients online.
There is an option of linking our local bank account and mobile wallet too, So I'm using JazzCash to withdraw payments from Payoneer. The exchange rate of Payoneer is always high than every other platform.
The second thing I liked in Payoneer is a notification of upcoming payments. Whenever I use to withdraw payments from Fiveer, a notification appears in the upcoming payments tab.
Multiple currencies are also an amazing feature of Payoneer, I used to receive payments from my USA clients in USD, and from others, I use to send requests in EUR. I'm doing this Because my mostly clients belong to Germany and France.
once payments are received in Payoneer, I can easily withdraw to a local bank with 2 clicks.
There is no compatible Payoneer Debit Card. I'm using a Payoneer debit card on Namecheap to buy a domain and my experience is excellent. So I just want to say that the Payoneer debit card is much more secure and better than my local bank's debit cards.

Payoneer is my favorite bank ever but I want to submit some improving requests to my respected Payoneer team.
I don't know why such an amazing platform has applied withdrawal limits. I can transfer a small amount of money to my mobile wallet but am unable to transfer it to a bank account because of the withdrawal of the minimum payments threshold. The payments threshold for withdrawal is a little bit high and should be reduced, so every user can transfer money to his local bank account if he has not a mobile wallet.
Another thing that I wishing in Payoneer is, Payments requesting invoices. I wish that Payoneer should be an option of generating voice to request payments to our clients. whenever I use to click on "request payments" it shows me my bank account details and says for sending my bank account details to my clients. I wish there should be an option of generating a link to our profile instead of sending bank details to request payments to our client.

I will admit that the whole process of receiving payments can occasionally go smoothly for a while. But in over 2 years of being paid through them by my primary client (who offers no alternatives), I have had to fight with Payoneer about one thing or another 3/4 of the time. They are notorious for having the absolute worst customer service you have or ever will encounter, and it smacks of them trying hard to be as vague as possible, as if they are purposely withholding people's money, but trying to pretend they're not. I personally believe they definitely purposely withhold funds at times.

The fact that I've had to fight with them to get access to MY MONEY infuriates me. When they do permit me access to MY MONEY, there are all-too-often unexpected fees or problems, such as when they issued my MasterCard in British Pounds, although I do not and never have lived in the UK, nor have I ever been paid by anyone in Pounds or Euros. The card being in Pounds meant I got dinged with exchange rates and service fees over and over until I finally got my client (the payer) to intervene on my behalf. But just now, I tried to transfer funds to my bank account when the card was not accepted (again) for an online transaction. While my MasterCard is in US dollars, it is suddenly no longer available to transfer to my bank, for unknown reasons that I'm trying to determine, but having dealt with them before, I know it'll be a minimum of a week before I get any answers. When I tried to transfer, it asked a question it never had before about which currency I wanted to withdraw from and presented me with two options only: British Pounds or Euros. My head exploded. My main account is now set up for either Pounds or Euros--despite the fact that I made abundantly clear to them when I had that first problem that I do not and never have been paid in any currency other than US dollars. And these aren't the only problems I've had. During a move, they held my funds for a month until I threatened legal action. They're shady. Stay away.

The lowest fees of any rival make Payoneer the ideal choice. In the recent years, the process of setting up Payoneer has been streamlined; it now requires very little user information and is ready to accept payments. Payoneer offers virtual bank accounts in a number of well-known currencies, including USD, GBP, EUR, HKD, and others, so that companies can accept payments from other companies. I only need to provide my bank account information, including the account number, routing number, and bank name, to collect payments from my side hustle and freelancing. Moreover, Payoneer can be connected with a number of different payment platforms. The nicest part is that the payments are received in my bank account the following day in my local currency.

Whenever you first begin utilizing Payoneer, there is a lengthy setup process required. It takes a lot of effort to meet all the requirements and provide the necessary settings and documentation. But in the end, it is worthwhile because it will be straightforward in the future.

What I like the most about Payoneer is that this is an easy way to bill clients and get paid right inside my account. This is especiallyl usefull in the freelancing business and in digital businesses. It's easy to request money and the withdrawal time is reasonable. I usually got my money in my bank account after a couple of days (sometimes up to 5-7 days depending on whether there's a weekend/holiday included). Payoneer isn't my main payment platform, but I'm glad to have it available in case I or my client need it.

I didn't like that there are certain minimum requirements depending on the currency you're using. I wanted to send smaller amounts but wasn't able to do this as there were higher minimums required. The fees are also higher than with other tools and you can get charged fees if your account is inactive for a longer time. This is not a modern practice anymore, I think Payoneer needs to modernize it's entire system and rules. Payoneer is also not as advanced as other platforms, so what you can do with it is rather limited in my experience, unless you're a programmer and use the API.

Payoneer has been good around 2017-2020 but now they utterly scammers.

Be careful, AVOID IT or you'll lose your life savings in a heartbeat. Customer Service is the worst i have seen.

I could have receive payments easily (until they blocked almost all my funds)

Can block your account for weeks, and then can't decide what they want from you to unlock it; the departments can't communicate with each other; and occasionally they are getting involved in fraud scandals

Nothing. Payoneer is a company that should be quickly and swiftly investigated for flouting U.S. laws and requiring users to publicly shame Payoneer before Payoneer will engage meaningfully and resume talks to resolve payment issues.

Once I reported Payoneer to BBB for wrongfully withholding funds they quickly began communicating with me (they had been ignoring me prior to the public complaint on BBB).

You can receive your freelance website payments through Payoneer. Payoneer is really a great online payment platform. You can easily withdraw your earnings to your bank account or even you can use Payoneer card to withdraw money from ATM. You can also get bank account numbers of different countries and currencies. So easily you can also use these international receiving accounts for your online store like for your store at Amazon.

I do a lot of transactions in Payoneer. I send money to my friends and I receive my Online Payments. I am honestly speaking, I never faced any issue when I use Payoneer. The features are extraordinary awesome and incredible. So for me, there are no cons.

1 - The interface is simple and suitable for most devices.2 - The level of security, in terms of double protection by sending a text message to the mobile number.3- Ease of adding local bank accounts by account number and bank name.4 - Low commissions compared to other similar electronic banks such as AirTM, Neteller, Skrill and others.

1 - The mobile application needs some modifications to be suitable, such as the site in terms of performance and implementation of operations.2 - Communicating with support, there are some difficulties that need to facilitate this feature more than that.3 - The minimum withdrawal amount to the bank account is rather high and it needs to be reduced.

- I can receive payments in several currencies via bank transfer, with very low commissions. If someone is going to pay me in one of the currencies that Payoneer does not have, I can send them an invoice, so they can pay that way with their credit or debit card.

- The withdrawal fees are acceptable.
The technical support is fabulous. It responds very quickly and to all questions I have had.

- The Payoneer card is great, It is accepted by all merchants I have used it at. It also allows me to buy cryptocurrencies, which is great!

- To unlock all the features, users have to pass verifications levels that depend on the amounts they receive in their Payoneer account. This problem makes the experience a bit frustrating at first.

- The interface is confusing; the website took me some getting used to.
I don't like the Android app because it lacks a lot of functionality.