I have only saving account with ICICI, so is it possible that I can withdraw the funds from an SBI ATM with a payoneer card ?
>>> Register at 2checkout.com as verndor >>> Apply for a payoneer card ( you will see the link at the right side of the 2checkout.com site ) >>> you will receive the card in 15 days - activate it. >>> load your payoneer cards using your money at 2checkout.com and use it at any ATMs accepting master cards and shop using it.
You need to get an a virtual account from Payoneer which costs around $99 per year. You can load funds directly from PayPal to Payoneer virtual account. I applied for it already!
2CO started accepting PayPal payments since last year. So to me it seems like the best PayPal alternative for current PayPal users. Thinking about switching to it. @Dotcompals - Do I need to integrate 2CO with my website as a shopping cart thing or can my clients go to 2Co directly and pay using my credentials?
Hello mate, you do not need to add it to your website. You can get a link and then use it to receive payments from clients. https://www.2checkout.com/2co/buyer/purchase?sid=1407867&quantity=1&product_id=1 A sample link for you!
Hi Paula, Here is the cost breakdown:- 1. 2CO registration - $49 (one time) 2. Payoneer Card registration - $9.99 (one time) the card is mailed within 15 days. 3. Payoneer Virtual Account - $99/year. (recurring)
Okay, so for international providers, the 2CO scene is something like this -- 1. Options for international withdrawals - http://www.2checkout.com/community/blog/getting-started/fees/releasing-payments-to-vendors 2. 2CO standard fees - http://www.2checkout.com/community/fees - they charge 5.5%+$0.45. That sounds higher than PayPal till you realize that for us, PayPal charges - 3.9%+$0.3+2.5%(currency conversion fee). They, as in 2CO, do not have currency conversion fees or so it seems for now. 3. The only takeaway is that you have to calculate which one's more profitable for you - paying 2CO $6 for a wire transfer to your bank in local currency (and wait 14-21 business days) or pay $2 per load + $2.15 for international ATM withdrawal + $3 monthly maintenance fee for Payoneer. http://www.2checkout.com/community/blog/2checkout-blog/the-2co-reloadable-mastercard edit: Oh hey SEOHype. Thanks for the answer
Thanks That's quite an amount for me at the moment as all my money is stuck at the moment due to PayPal's mumbo jumbo.
One more question SEOHype -- last time I checked, the Virtual account was an invitation only program. Can anyone apply and get one right now? And a few more -- are you using one? is it stable? Does US fed/Obama hate it?
Nice figures! My average income per month is somewhere around $700. I am wondering some part of my income will get soaked up by them, but PayPal is already doing this by reversing transactions, charging fees for conversions, not transferring to bank account. What to do?
I think I will try out 2CO. They seem to be the most straight forward and open about their fees and processes. saw two more options - netspend and fastspring. Didn't look too reliable to me.
Hello Lostpoet, Thank you. If you want, you may apply for an account by emailing But I recommend the first step would be to get a 2CO account for your self. I am not using one yet but yes I have already bought 2CO account for future troubles which might arise due to PayPal crisis. I have used 2CO for wire and it dispatched every thursday, smoothly without any trouble. Please feel free to ask anymore questions.
Hey SEOHype. Thanks for your answers and your patience I have a Payoneer card from ReviewME but I have never used it. How long has it taken for the 2Co international Wire transfer (in your local currency I hope) to reach you since you asked them to dispatch it? was it really around 2 to 3 weeks?!