Hello everyone using 2checkout , when a transaction is done , does 2co transfer money directly to my bank account or it keeps the money in my 2co account untill i transfer it whenever i want ?
Easiest way is You can Order 2CheckOut Payoneer Debit Card & Cashout your Money from any ATM Machine.. Else you can Request Wire Transfer or Check. They doesn't do it automatically i think.. You have to request it.
I would say they will normally transfer your money and keep it into your 2CO account and the payout are depends which is your payment option. But as far as I know, there is all the payout date listed on their site. Just check it out
Thnaks for your replies i think wire transfer is better than the card , as iam not a us citizen , payoneer charges additional 3% at withdrawal ... i contacted 2co and they replied that using wire transfer , as iam not a us citizen , i will be charged about 10$ as a discount rate per transaction what i need to know , what is discount rate ? is it static amount of money or dynamic ? and will this discount rate be deduced per every transaction i get through my site or will be deduced when i DECIDE to transfer money from my 2co account to my bank account ?
When you setup 2CO they will ask for minimum payment sending amount and payment method. Once your balance reach minimum pay amount your payment will automatically send to bank if you have filled bank wire as your payment option.
As far as I know the cheapest money withdrawel method of 2CO is the paper cheque. They'll send you the paper cheque by air mail. Fee is 4$ fixed amount, it doesn't depend on the transaction amount. The disadvantage of this method is if the cheque is misplaced you will have to wait 60 days to get another free cheque, if you demand another cheque before the 60 days you'll have to pay 30$.