Payoneer

Very low fees, more features and easy to setup.

Opmerkingen: Besides of my Job, I am doing Freelancing and other micro jobs in the same field(News and Media Production) and Payoneer is helping me to receive payments very easily. I have found Payoneer to be much cheaper as compared to its competitors. The payments get settled in my local Bank account automatically without much delay.

Pluspunten:

The best thing about Payoneer is its very low fees compared to its competitors. The process of setting up Payoneer has been simplified in last few years, it now requires very less user information and becomes ready to receive payments. Payoneer provides virtual bank accounts of several popular currencies like USD, GBP, EUR, HKD etc. to receive payments from other businesses. I can simply give my Bank account details like Account Number, Routing number and Bank Name to receive payments from my freelancing and side business. Also, Payoneer can be integrated with several other platforms to receive payments. The best thing is the payments get settled in my Bank account in my local currency next day.

Minpunten:

The Customer Support service of Payoneer needs to be improved. The Support team takes so long to respond to urgent queries and even after that, they take so long to fix the problems. Another problem with Payoneer is that I can only use the virtual Bank accounts provided by them to receive funds from business accounts. Means, only business payments are allowed and local domestic transfers are not allowed.

helped me receive my fiverr earnings stress free

Pluspunten:

freelancing from a 3rd world country has always been difficult due to difficulties in receiving payments from our clients. Payoneer helped me withdraw my Fiverr earnings into a foreign currency-denominated account which was almost an impossible feat to achieve earlier. all for free and at no cost. I've also got accounts that can receive payments from a host of other countries

Minpunten:

I feel the minimum threshold of $50 before transferring to another Payoneer account should be reduced. at times, I have little funds (in this part of my world, not little) stuck due to this rule.

Payoneer Bank Review

Opmerkingen: My experience was pretty bad, and I'm thinking about opting out.

Pluspunten:

I have an account for over 3 years and the reason I chose it is not because it is special, but because most big sites and companies deal with it only so I was forced to choose it.So the only positive thing is that when I chose this bank I didn't find any problems in withdrawing profits with any site

Minpunten:

The negatives in this bank are too many.1 Customer support service is very bad I had a lot of problems. And I reached out to customer support, but I got no reply.2 Monthly subscription fees are many and expensive.

Lowest Fee Among Any Payment Methods/Platforms

Opmerkingen: I began using Payoneer for a client who preferred to pay via this method for my services. So far, I haven't run into any issues while using the app. What I also like about it is that, it has the lowest fees of any money-transfer platform in the Philippines. It takes advantage of preferential exchange rates, and I calculated that I save 1% total, including all sending and receiving fees and exchange rates.

Pluspunten:

You can open a free account on the Payoneer website. Payoneer handles domestic and international payments and currency exchanges, and most types of bank transfers are free if both parties have Payoneer accounts.

Minpunten:

There isn't much to dislike about the platform; the only suggestion is to reduce the processing fees on some vendors.

I really like this software as a freelancer

Pluspunten:

It is easier to get an account than PayPal. I found it easy to navigate and create an account. I was also able to easily get my account details.

Minpunten:

I created an account when I was young using my actual age. Didn’t know there was an age restriction till I was done and then it says I can’t access. That mail now is registered and I can’t use it to register now I am older. Apart from that it’s been a smooth use