Payoneer - Is it a good alternative of paypal

Discussion in 'PayPal' started by Freelance_rkm, Feb 23, 2010.

  1. #1
    I was recommended by a friend of my. And I am just checking their pricing & fees. More details can be found at www.payoneer.com

    Item Price (USD) Unit How Applied
    Card
    Card activation – U.S. $9.95 Per card One time - when card is first loaded
    Card activation – outside U.S. $9.95 Per card One time - when card is first loaded
    Loading Payments $2.00 Per load Each time card is loaded
    Monthly card account maintenance $3.00 0-2 trx/month From available card balance each month
    Monthly card account maintenance $1.00 2+ trx/month From available card balance each month
    Card replacement $9.95 Per card When the card is first loaded
    ATM Cash Withdrawals or Transactions
    ATM withdrawal - U.S. $1.35 Per Trx When withdrawal is requested
    ATM withdrawal - outside U.S. $2.15 * Per Trx When withdrawal is requested
    Declined ATM withdrawal $0.90 Per Trx When withdrawal request is declined
    Purchase Transaction Free * Per Trx When card is used for purchases
    ATM Balance inquiry $0.90 Per Trx When inquiry is made

    * When a Purchase Transaction or ATM Withdrawal is requested outside of the U.S., up to 2.2% above market rate will be assessed based on current foreign exchange rates.

    The Payoneer Prepaid MasterCard is issued by MetaBankâ„¢ pursuant to license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated.


    What do you think guys? All suggestions are welcome. ;)
     
    Freelance_rkm, Feb 23, 2010 IP
  2. secdz

    secdz Peon

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    #2
    I have one payoneer card
    the payoneer is the best worldwide card i ever use
    and the most fast and safer method payment in the net

    it's verygood for INTERNET COMMERCE .

    Thanks.
     
    secdz, Feb 23, 2010 IP
  3. WebBuddy

    WebBuddy Well-Known Member

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    #3
    Which country do you belong to?

    Anybody from India using a Payoneer card?
     
    WebBuddy, Feb 23, 2010 IP
  4. secdz

    secdz Peon

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    #4
    Payoneer is internation Debit card
    any one in the world can use it and it's will deliver to you withing 15-25 Days outside the us and 10-12 days in the us

    you can use payoneer worldwid where ever you are living .

    thanks
     
    secdz, Feb 23, 2010 IP
  5. WebBuddy

    WebBuddy Well-Known Member

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    #5
    yeah I know that but as we are facing several payments related issues in India and are looking for an effective PayPal alternative , we will also need to keep in mind what the updated government policies are those who are using it here would have first hand knowledge of the conversion and stuff.

    Also, how will I be able to declare tax on the money that I receive as cash ?
     
    WebBuddy, Feb 23, 2010 IP
  6. samser_m

    samser_m Well-Known Member

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    #6
    is it advertising? probably yes! :D

    man, we are looking for inputs of Indian people having real Payoneer card- anybody here to provide genuine information regarding this Payoneer ?
     
    samser_m, Feb 23, 2010 IP
  7. sousen

    sousen Active Member

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    #7
    Hello I'm from India. How did I get the Payoneer Card it's stated on the official website of http://www.payoneer.com/cardholdersIntro.aspx : sign up for a card form a Payoneer partner website: You cannot order a card directly from Payoneer. How much is cost for a card time of card application? Please tel me the website I try to bankmeta they asking * SOCIAL SECURITY NUMBER (SSN): for time of registration.
     
    sousen, Feb 23, 2010 IP
  8. WebBuddy

    WebBuddy Well-Known Member

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    #8
    You can try Plimus and some freelancing sites. Payoneer has several partners :p , so you can just try some other popular one . I think 2CO is also there
     
    WebBuddy, Feb 23, 2010 IP
  9. WebBuddy

    WebBuddy Well-Known Member

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    #9
    why would he advertise like this? He has no link/sig in the post ... let's stop making assumptions :D and beat the hell out of PayPal.
     
    WebBuddy, Feb 23, 2010 IP
  10. Radz

    Radz Notable Member

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    #10
    I didn't get a chance to use it on Local ATM Machines.. i have heard some bad stories about Card being stuck at ATM :rolleyes: however i have used Payoneer card online many times for purchasing Domains.

    I agree its great alternative of PayPal, but not for receiving $$ from your Customers :(
     
    Radz, Feb 23, 2010 IP
  11. SkyisLimit

    SkyisLimit Well-Known Member

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    #11
    ipayoneer.com has good info.

    i experience that pynr is not an alternative for pp at any cost. But for some countries, its an option to withdraw money... especially which countries are not supported by paypal.

    of course its free. later they charge you.

    as its a master card.. the acceptance of online is limited.

    I too like.. because of its available for anyone. Its a good program..But not alternative for pp..




    SL//


    :)
     
    SkyisLimit, Feb 23, 2010 IP
  12. hankyjohn

    hankyjohn Member

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    #12
    I am using payoneer from past 2 years and its very fast and reliable to get cash directly from ATM. They offer good conversion rate compared to paypal, but they charge for each transactions. At the end of the day, you will get almost same amount you get from paypal. So, i would say to get this card and forget about paypal. They are also offering US virtual accounts and i have got one.

    Very convenient. :D
     
    hankyjohn, Feb 23, 2010 IP
  13. cottonian_2005

    cottonian_2005 Peon

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    #13
    Is payoneer a good option for those earning small amounts? Like i usually withdraw in batches of 100-150 $ ?
     
    cottonian_2005, Feb 23, 2010 IP
  14. hankyjohn

    hankyjohn Member

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    #14
    for small amounts, payoneer will be much cheaper than paypal and you do not have to wait for 3-5 days to see funds in your bank account.
     
    hankyjohn, Feb 23, 2010 IP
  15. clbyodo

    clbyodo Peon

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    #15
    Can we withdraw money from our Paypal account to Payoneer card?
     
    clbyodo, Feb 23, 2010 IP
  16. hankyjohn

    hankyjohn Member

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    #16
    yes by Virutal US account service from payoneer
     
    hankyjohn, Feb 23, 2010 IP
  17. WebBuddy

    WebBuddy Well-Known Member

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    #17
    do you belong to India and did you use this card at Indian ATMs?
     
    WebBuddy, Feb 23, 2010 IP
  18. cottonian_2005

    cottonian_2005 Peon

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    #18
    What are the charges for withdrawing 100 $ ? And will i be able to withdraw the funds directly to my bank account ? Also is there a way to transfer my paypal funds to payoneer ?
     
    cottonian_2005, Feb 23, 2010 IP
  19. WebBuddy

    WebBuddy Well-Known Member

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    #19
    I think you can read OP - Freelance_rkm's initial post for that information :rolleyes:
     
    WebBuddy, Feb 23, 2010 IP
  20. hankyjohn

    hankyjohn Member

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    #20
    yes i do belong to india and i am using payoneer from past 2 years.

    once you get payoneer card, you need to apply for their US virtual account services. this way you can get paypal to payoneer
     
    hankyjohn, Feb 23, 2010 IP